Tim Drapers Wealth


Timothy C. Draper’s total assets amount to $1 Billion

Timothy C. Draper Wiki Biography

Timothy Cook Draper, born on the 11th June 1958, is an American businessman who became a well-known venture capital investor as the co-founder of Draper Fisher Jurvetson.

As of mid-2016, his wealth is reported to be $1 billion, amassed from his years as a venture capital investor.

Achieving $1 Billion Net Worth

Born in California, Draper hails from a lineage of businessmen. His father, William Henry Draper III, is the founder of Draper & Johnson Investment Company, and his grandfather, William Henry Draper Jr., founded Draper, Gaiter and Anderson. It is no surprise that he followed suit. Although he pursued electrical engineering in his undergraduate studies at Stanford University, he later pursued an MBA through Harvard Business School.

Draper commenced his career at Alex, Brown & Sons; however, he did not stay long and chose to launch his own company. In 1985, along with friends John H.N. Fisher and Steve Jurvetson, he established the venture capital firm Draper Fisher Jurvetson. The firm invests in various early-stage enterprises and start-up companies, supporting them until they attain stability. Some of the reputable companies that Draper Fisher Jurvetson has invested in include Tesla, Solar City, Skype, AngelList, Redfin, and Box. The success of these companies has significantly contributed to Draper’s wealth.

Draper also founded his own venture capital firm, Draper Associates, in 1985. It is a seed-stage venture capital firm that focuses on businesses in the fields of consumer technology, financial technology, healthcare, education, government tech, and manufacturing. Despite being solely owned by Draper, it has flourished, elevating his wealth along with his investments.

Draper is acknowledged as the creator of the term ‘viral marketing’ in 1996. He and his partner Jurvetson are also credited with conceptualizing the idea of attaching a brief advertisement at the end of an email, which led to the success of Hotmail and Yahoo mail.

In 2012, Draper established his business school, Draper University, located in San Mateo, California. The institution provides education designed by Draper to aid aspiring entrepreneurs.

In recent years, Draper made headlines by purchasing a large amount of bitcoins. In 2014, he invested in 30,000 bitcoins, believing that it would become the top value for investors.

That same year, he also advocated for California to be divided into six smaller states due to his belief that governing California as a whole had become challenging. Unfortunately, he failed to gather the required signatures for the petition to proceed.

In terms of his personal life, Draper is married to Melissa and together they have four children.

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Full NameTimothy C. Draper
Net Worth$1 Billion
Date Of BirthJune 11, 1958
Place Of BirthSan Francisco, California, U.S.
ProfessionBusinessman, venture capital investor
EducationStanford University, Harvard Business School
NationalityAmerican
SpouseMelissa Draper
ChildrenJesse Draper, Eleanor Draper, Billy Draper, Adam Draper
ParentsWilliam Henry Draper III, Phyllis Culbertson
SiblingsPolly Draper, Becky Draper
Facebookhttps://www.facebook.com/tim.draper
Twitterhttps://twitter.com/timdraper?lang=en
LinkedInhttps://www.linkedin.com/in/timothydraper
IMDBhttp://imdb.com/name/nm1822137
MoviesSidekicks, 10. Fund Me, 9. Prototypes, Partners & Pitches, 8. Motivation
#Fact
1Venture capitalist.
2Uncle of Nat Wolff and Alex Wolff.
3Brother-in-law of Michael Wolff.
4Father of daughter Jesse Draper and sons Billy Draper and Adam Draper.
5Brother of Polly Draper.

Producer

TitleYearStatusCharacter
Startup U2015TV Series executive producer – 1 episode
The Naked Brothers Band2007-2009TV Series consulting producer – 29 episodes
The Naked Brothers Band: The Movie2005executive producer

Actor

TitleYearStatusCharacter
The Naked Brothers Band2007-2009TV SeriesPrincipal Schmoke / Principle Schmoke
The Naked Brothers Band: The Movie2005Principal Schmoke

Self

TitleYearStatusCharacter
Startup U2015TV SeriesHimself
Andaaz2014TV SeriesHimself / guest
The Startup Kids2012DocumentaryHimself
Computer Chronicles1998TV SeriesHimself – Technology Venture Capitalist

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