Billionaire Profile
Matthew Prince
Global Rank
#676

Image: TechCrunch | CC BY 2.0 | via Wikimedia Commons

Matthew Prince

CEO, Cybersecurity
UNITED STATES
Real-Time Net Worth
$6.088B
Estimated based on Cybersecurity stock value as of March 6, 2026
+0.93% (24h)
Age
51
Source
Cybersecurity
Industry
Technology
Citizenship
UNITED STATES

Biography

Matthew Prince, co-founder and CEO of Cloudflare, is an American billionaire businessman. With a net worth of $6.3 billion as of late 2025, he is the wealthiest person in Utah. Prince's career in cybersecurity and technology has driven Cloudflare to become a leading internet infrastructure and security company, serving millions worldwide. He is a Harvard Business School graduate and a World Economic Forum Technology Pioneer, shaping the future of the internet with his vision and leadership. Prince's achievements include developing critical tools for web security and pioneering a freemium business model that revolutionized the industry.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

Matthew Browning Prince was born on November 13, 1974, in Salt Lake City, Utah, and raised in Park City. He displayed an early interest in computer science. Prince graduated from Trinity College in 1996 with a BA in English and Computer Science. He then earned a Juris Doctor (JD) degree from the University of Chicago Law School in 2000. In 2009, Prince received a Master of Business Administration (MBA) from Harvard Business School.

Rise to Success

Prince began his career in law. His interest in preventing spam led him to co-found Unspam Technologies, which developed Project Honey Pot, an open-source data collection software. This project inspired the founding of Cloudflare in 2009. Cloudflare, co-founded with Michelle Zatlyn and Lee Holloway, has grown into a global powerhouse, protecting websites and accelerating internet performance for millions.

Key Business Strategies

Cloudflare's success stems from its innovative approach to internet security and performance. A key strategy was offering core security and performance features for free, attracting a vast user base. This freemium model allowed Cloudflare to gain visibility into a significant portion of the web, enhancing its security offerings. The company went public in 2019, expanding its offerings to edge computing, including the development of Workers AI for running AI applications at the edge. Prince owns about 8% of the company and serves as CEO.

Philanthropy

While specific philanthropy amounts are not available in the search results, Prince is involved in initiatives related to technology and the internet. He also recently acquired a local newspaper, The Park Record, with plans to transform it into a non-profit entity.

Career Milestones

2004

Co-founded Unspam Technologies

Developed anti-spam software and Project Honey Pot.

2009

Co-founded Cloudflare

Launched Cloudflare with Michelle Zatlyn and Lee Holloway.

2019

Cloudflare IPO

Cloudflare went public on the NYSE under the ticker symbol NET.

Philanthropy & Social Impact

Media

The Park Record

N/A

Acquired the newspaper, indicating plans for transformation into a non-profit.

Business Philosophy & Leadership

Notable Quotes

""The problem is that as the web shifts from a search-driven interface to an AI-driven interface, fewer and fewer people are going to consume the original content.""

Leadership Principles

Focus on Innovation

Drive technological advancements in internet security and performance.

Commitment to Security

Ensure a safer and more reliable online experience for everyone.

Integrity and Transparency

Cloudflare's core value of being principled

Controversies & Challenges

2025

AI and Web Traffic

Cloudflare's data revealed that news sites are finding it ten times harder to get traffic with the arrival of AI overviews in search results.