Billionaire Profile
Henry Nicholas III
Global Rank
#116

Image: Henry T. Nicholas Foundation | CC BY-SA 3.0 | via Wikimedia Commons

Henry Nicholas III

CEO, Semiconductors
UNITED STATES
Real-Time Net Worth
$21.197B
Estimated based on Semiconductors stock value as of March 6, 2026
+3.39% (24h)
Age
66
Source
Semiconductors
Industry
Technology
Citizenship
UNITED STATES

Biography

Henry Thompson Nicholas III is an American entrepreneur and philanthropist, best known as the co-founder and former head of Broadcom Corporation. Born in 1959, Nicholas overcame dyslexia to become a pioneer in the semiconductor industry. He co-founded Broadcom in 1991, which became a leading provider of semiconductor solutions, and took the company public in 1998. He resigned as CEO in 2003 and is now focused on philanthropy, notably through the Henry T. Nicholas III Foundation, supporting education and victims' rights. Nicholas's achievements include contributions to technology and advocacy for Marsy's Law. As of 2025, his net worth is estimated at $21.3 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Henry Thompson Nicholas III was born in Cincinnati, Ohio, in 1959. After his parents divorced, he moved with his mother and sister to Los Angeles, California. Despite facing challenges with dyslexia, Nicholas persevered and excelled academically. He graduated from UCLA School of Engineering in 1982 with a Bachelor of Science in electrical engineering, followed by a master's degree in 1985 and a Ph.D. in electrical engineering in 1998.

Rise to Success

Nicholas began his career at TRW in Redondo Beach, California, where he met his future business partner, Henry Samueli. In 1991, Nicholas co-founded Broadcom Corporation with Samueli. Broadcom focused on developing semiconductor solutions for broadband communications. Under Nicholas's leadership, Broadcom experienced rapid growth, going public in 1998. The company's success made Nicholas a billionaire. He resigned as CEO in 2003.

Key Business Strategies

Broadcom's success was driven by Nicholas's ability to identify emerging trends in broadband technology and create custom chips for cable modems and digital subscriber lines (DSL). The company expanded its portfolio to include Wi-Fi chips, Bluetooth chips, and network processors, becoming a key supplier to tech giants.

Philanthropy

Nicholas is actively involved in philanthropy. In 2003, he and his wife founded the Henry T. and Stacey Nicholas Foundation, which later became The Henry T. Nicholas III Foundation. The foundation supports education, medical research, and victims' rights. Nicholas is also a principal benefactor of the Nicholas Academic Centers, which he co-founded in 2008 to provide academic support to under-resourced high school students. He is also focused on passing a crime victims' rights bill known as Marsy's Law.

Career Milestones

1991

Co-founded Broadcom Corporation

Co-founded Broadcom with Henry Samueli, focusing on semiconductor solutions.

1998

Broadcom Goes Public

Led Broadcom through a successful IPO, making the company a major player in the semiconductor industry.

2003

Resigned as CEO of Broadcom

Stepped down as CEO of Broadcom to focus on family and other interests.

2006

Founded the Henry T. Nicholas, III Foundation

Established a foundation focused on education, medical research, and victims' rights.

2008

Co-founded the Nicholas Academic Centers

Co-founded a nonprofit to provide academic support to under-resourced high school students.

Philanthropy & Social Impact

Education & Philanthropy

Henry T. Nicholas III Foundation

$57.7B

Supports education, medical research, and victims' rights.

Education

Nicholas Academic Centers

$57.7M

Provides academic support to under-resourced high school students.

Business Philosophy & Leadership

Notable Quotes

"A music enthusiast, Nicholas says his inspiration for Broadcom came from Pink Floyd lyrics."

Controversies & Challenges

2008

Indicted on securities fraud and drug charges

Indicted on securities fraud, conspiracy, and federal narcotics charges.

2019

Drug trafficking charges

Charged with drug trafficking after police found heroin and methamphetamine in his Las Vegas hotel room. Took a plea deal, agreed to attend drug counseling and donate $500,000 to area treatment centers.