Billionaire Profile
Steve Case
Global Rank
#1660

Image: Public domain | via Wikimedia Commons

Steve Case

CEO, AOL
US
Real-Time Net Worth
$2.4B
As of December 2025
Age
67
Source
AOL
Industry
technology
Citizenship
US

Biography

Steve Case is an American businessman, investor, and philanthropist, best known as the co-founder and former CEO of America Online (AOL). Born in Honolulu, Hawaii, in 1958, Case's career has spanned marketing, technology, and venture capital. Under his leadership, AOL became the world's largest internet company, revolutionizing how millions accessed the internet. After leaving AOL, Case founded Revolution LLC, a venture capital firm, and the Case Foundation, demonstrating his commitment to entrepreneurship and philanthropy. As of 2024, his estimated net worth is $2.4 billion, a testament to his significant contributions to the tech industry.

Wealth Over Time

In-Depth Profile

Early Life

Stephen McConnell Case was born on August 21, 1958, in Honolulu, Hawaii. He grew up in a middle-class family. His father was a corporate attorney, and his mother was an elementary school teacher. Case attended Punahou School and graduated from Williams College in 1980 with a degree in political science.

Rise to Success

Case began his career in marketing at Procter & Gamble. In 1985, he joined Quantum Computer Services, which later became AOL, as vice president of marketing. He became CEO in 1991, and under his leadership, AOL experienced rapid growth, becoming the leading internet service provider. Case oversaw the merger of AOL and Time Warner in 2000, a $164 billion deal that was the largest in corporate history at the time.

Key Business Strategies

AOL's success was driven by its user-friendly interface, which made the internet accessible to a broader audience. Case focused on strategic partnerships and aggressive marketing campaigns, including sending out millions of free trial disks. This strategy helped AOL gain a significant market share in the early days of the internet. Case also emphasized providing a wide range of content and services to keep users engaged.

Philanthropy

After leaving AOL, Case founded the Case Foundation with his wife Jean. They have invested in numerous organizations and initiatives, focusing on leveraging the internet and entrepreneurial approaches to strengthen the social sector. They also signed the Giving Pledge, committing to donate the majority of their wealth to philanthropic causes.

Career Milestones

1985

Joined Quantum Computer Services

Joined Quantum Computer Services as Vice President of Marketing, later becoming AOL.

1991

CEO of AOL

Became CEO of AOL, leading the company through its period of rapid growth.

2000

AOL-Time Warner Merger

Orchestrated the merger of AOL and Time Warner, the largest corporate merger at the time.

2003

Resigned as Chairman of AOL Time Warner

Resigned as Chairman of AOL Time Warner.

2005

Founded Revolution LLC

Founded Revolution LLC, an investment firm.

Philanthropy & Social Impact

Community Development

Case Foundation

Undisclosed

Supports initiatives in technology and community development.

Business Philosophy & Leadership

Notable Quotes

"“The Stone Age didn't end because we ran out of stone. It ended because we invented something better.”"

"“You shouldn't focus on why you can't do something, which is what most people do. You should focus on why perhaps you can, and be one of the exceptions.”"

Leadership Principles

Vision

Having a clear vision for the future and the ability to articulate it.

Teamwork

Building a strong team with diverse perspectives.

Adaptability

Being able to adapt to changing circumstances and market conditions.

Perseverance

The ability to keep going, even when faced with obstacles.

Controversies & Challenges

2000-2003

AOL Time Warner Merger

The merger was widely considered a failure, leading to significant losses and criticism.

2003

Resignation as Chairman

Case resigned as chairman due to financial difficulties and accounting scandals within AOL.