Billionaire Profile
Reid Hoffman
Global Rank
#1546

Image: Robert Scoble from Half Moon Bay, USA | CC BY 2.0 | via Wikimedia Commons

Reid Hoffman

CEO, LinkedIn
UNITED STATES
Real-Time Net Worth
$2.675B
Estimated based on LinkedIn stock value as of March 6, 2026
-0.06% (24h)
Age
58
Source
LinkedIn
Industry
technology
Citizenship
UNITED STATES

Biography

Reid Hoffman is an American internet entrepreneur, venture capitalist, podcaster, and author, best known as the co-founder of LinkedIn. Born in 1967, Hoffman's journey to success began with an early interest in role-playing games and a passion for problem-solving. He co-founded the professional networking site LinkedIn in 2003. He is also a partner at Greylock Partners and has invested in companies such as Airbnb and Aurora. Hoffman's net worth, as of 2024, is estimated to be $2.5 billion. Beyond his business ventures, Hoffman is recognized for his philanthropy and political involvement.

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

Wealth Over Time

In-Depth Profile

Early Life and Education

Reid Garrett Hoffman was born on August 5, 1967, in Palo Alto, California. Growing up in Berkeley, California, he developed a passion for tabletop roleplaying games. He attended Putney School in Vermont, where he engaged in farming. Hoffman later graduated from Stanford University in 1990 with a Bachelor of Science in Symbolic Systems and Cognitive Science. His academic achievements earned him a Marshall Scholarship for graduate study abroad. He pursued a Master of Studies in Philosophy at Wolfson College, Oxford, which he completed in 1993.

Rise to Success

Hoffman's career began with a role at Apple Computer in 1994. Later, he co-founded SocialNet.com in 1997, an early social networking site. His significant breakthrough came with PayPal, where he served on the board of directors during its founding. He joined PayPal full-time as Chief Operating Officer (COO) in January 2000. Hoffman co-founded LinkedIn in December 2002, launching it on May 5, 2003. The platform quickly became a prominent hub for professional networking.

Key Business Strategies

Key to LinkedIn's success was its focus on connecting professionals and providing tools for career advancement. Hoffman emphasized the power of networks, recognizing the need for a platform where people could build and maintain their professional identities. The strategy included a strong emphasis on improving software, effective marketing, and generating revenue through advertisements.

Philanthropy

Hoffman is also a dedicated philanthropist. He and his wife, Michelle Yee, are members of the Giving Pledge. In November 2016, they donated $20 million (equivalent to $25,550,000 in 2024) to the Chan Zuckerberg Initiative. The Aphorism Foundation is his primary charitable giving vehicle, supporting initiatives like Opportunity@Work.

Career Milestones

1990

Graduated from Stanford University

Earned a Bachelor of Science degree in Symbolic Systems and Cognitive Science.

1993

Graduated from Wolfson College, Oxford

Earned a Master of Studies in Philosophy.

2000

Joined PayPal as COO

Played a key role in the growth and success of PayPal.

2003

Co-founded LinkedIn

Launched LinkedIn, revolutionizing professional networking.

2009

Partner at Greylock Partners

Became a partner at the venture capital firm Greylock Partners

2016

Sold LinkedIn to Microsoft

LinkedIn was sold to Microsoft for $26.2 billion, and Hoffman joined Microsoft's board.

Philanthropy & Social Impact

Health

Chan Zuckerberg Initiative

$25.5M

Donated $20 million to the Chan Zuckerberg Initiative, a charity dedicated to eradicating disease by 2100. The donation was for the Biohub, the Initiative's San Francisco laboratory.

Various

Aphorism Foundation

Unknown

The primary charitable giving vehicle for Reid Hoffman and Michelle Yee, supports Opportunity@Work and environmental research.

Business Philosophy & Leadership

Notable Quotes

"“An important part of leadership is knowing when to be bold.”"

"“No matter what you want to do, the key is to start.”"

Leadership Principles

Embrace Change

Be adaptable and willing to pivot based on new information and market conditions.

Build Networks

Recognize the power of networks in driving value and creating opportunities.

Controversies & Challenges

2018

Project Birmingham

Funded a project using Russian-inspired political disinformation tactics on Facebook during the 2017 Alabama Senate race. Hoffman later apologized.

2026

Epstein Ties

Mentioned in newly released documents related to Jeffrey Epstein; however, there are no allegations of wrongdoing.