Billionaire Profile
Nicholas Woodman
Global Rank
#2762

Image: Public domain | via Wikimedia Commons

Nicholas Woodman

CEO, GoPro
US
Real-Time Net Worth
$1.2B
As of December 2025
Age
50
Source
GoPro
Industry
technology
Citizenship
US

Biography

Nicholas Woodman, born June 24, 1975, is the founder and CEO of GoPro, the company that revolutionized the action camera market. With a current net worth of $1.2 billion, Woodman's wealth stems from his early vision for capturing action sports from a first-person perspective, which led to the creation of the GoPro. His career began after graduating from the University of California, San Diego in 1997, where he earned a degree in visual arts. Woodman's entrepreneurial journey includes overcoming early startup failures and persevering to build GoPro into a globally recognized brand. Woodman is known for his innovative approach, his perseverance, and his focus on capturing and sharing life's experiences, earning him accolades like the Ernst & Young Entrepreneur of the Year Award.

Wealth Over Time

In-Depth Profile

Early Life

Nicholas Woodman was born on June 24, 1975, in Santa Clara County, California. His father, Dean Woodman, co-founded the investment bank Robertson Stephens, and his mother, Concepcion Socarras, remarried Irwin Federman. Woodman grew up in Menlo Park and Atherton, California, and developed a passion for surfing at a young age.

Rise to Success

Woodman's entrepreneurial journey began after graduating from the University of California, San Diego (UCSD) in 1997 with a bachelor's degree in visual arts and a minor in creative writing. His first entrepreneurial ventures, EmpowerAll.com and Funbug, were not successful. Inspired by his surfing trips, Woodman sought a way to capture action footage. This led to the development of a wrist-mounted camera, funded by an investment from his father, Dean Woodman, and later evolved into the GoPro brand.

Key Business Strategies

Woodman initially sold cameras through surf shops and trade shows. With the camera's success, sales doubled annually. The company went public on NASDAQ in June 2014. Woodman's focus on product innovation, including waterproofing and high-definition video capabilities, has kept GoPro at the forefront of the action camera market.

Philanthropy

Woodman, with his wife Jill, established the Jill + Nicholas Woodman Foundation. In 2014, the couple donated 5.8 million shares of GoPro stock to the Silicon Valley Community Foundation. Woodman's philanthropic efforts have also included donations to child abuse prevention and community centers.

Career Milestones

2002

Founded GoPro

Inspired by his surfing experiences, Woodman created GoPro to capture action footage.

2013

Ernst & Young Entrepreneur of the Year

Awarded the Ernst & Young Entrepreneur of the Year in the retail and consumer products category.

2014

GoPro IPO

GoPro went public on the NASDAQ.

2014

Highest-Paid CEO in the US

Highest-paid US chief executive, earning $235 million.

2014

Emmy Award

Won the Technology and Engineering Emmy Award.

Philanthropy & Social Impact

Education, environmental conservation, youth development, and the arts

Jill + Nicholas Woodman Foundation

$500M

Donated 5.8 million shares of GoPro stock to the Silicon Valley Community Foundation.

Child welfare and community development

Child Abuse Prevention and Community Centers

Unknown

Made significant donations to child abuse prevention and community centers.

Community Development

Big Sky Community Center

$4M

Donated to a new community center in Big Sky, Montana.

Business Philosophy & Leadership

Notable Quotes

"I'm a big believer that when you're pursuing your passions, your best ideas come to you. Your passions are a bit like your fingerprints: Everybody has them; everybody's are different."

Leadership Principles

Focus on Passion

Woodman emphasizes the importance of following passions to drive innovation.

Innovation

Continuously innovating and developing new products.

Perseverance

Demonstrates perseverance through startup failures and market challenges