$6 Billion         |         Rank #480

Who is Eric Smidt

Smidt was a teenager when he started Harbor Freight Tools with his father Allan in 1977. He earned enough credits at his job to graduate high school.
In the beginning, Harbor Freight was a mail-order business that sold tools out of a small warehouse in North Hollywood.
Smidt became president of the company in 1985 and CEO and sole owner in 1999.
In 2010, his father Allan sued him for “looting” the company and leveraging it to finance his own lavish lifestyle. The case was settled out of court. Coming from an average or middle class family, Eric Smidt is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 480 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 62.0 years old. As of today, Eric Smidt’s net worth is approximately 6 Billion.

Facts about Eric Smidt

To find out what is Eric Smidt Net Worth, how he got there and what is Eric Smidt Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Eric Smidt

Eric Smidt was born on 01-01-60 in United States. In 2013, Smidt and his wife created Harbor Freight Tools for Schools, a philanthropic initiative that supports skilled trades education in America. Smidt and his wife live in a 35-room Beverly Hills mansion called “the Knoll,” whose previous residents include oilman Marvin Davis and country singer Kenny Rogers. Being raised in the same country, Eric Smidt spent most of his time in California in the city of Beverly Hills.

Eric Smidt net worth is estimated at 6 Billion Billion to date.

Professional Journey

You will see him often in social media.  Eric Smidt is CEO of $5 billion (sales) Harbor Freight Tools, a home improvement retailer that has over 1,200 stores in 48 states. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. In 2013, Smidt and his wife created Harbor Freight Tools for Schools, a philanthropic initiative that supports skilled trades education in America. In his youth, he was adventurous but unknown, but that was years ago. Smidt was a teenager when he started Harbor Freight Tools with his father Allan in 1977. He earned enough credits at his job to graduate high school.
In the beginning, Harbor Freight was a mail-order business that sold tools out of a small warehouse in North Hollywood.
Smidt became president of the company in 1985 and CEO and sole owner in 1999.
In 2010, his father Allan sued him for “looting” the company and leveraging it to finance his own lavish lifestyle. The case was settled out of court. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Eric Smidt is CEO of $5 billion (sales) Harbor Freight Tools, a home improvement retailer that has over 1,200 stores in 48 states.
It is to be noted that Eric Smidt is one of the selfmade billionaires in the world and stands at 480 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Eric Smidt:

How much is Eric Smidt worth?

Eric Smidt’s net worth is estimated to be 6 Billion.

How old is Eric Smidt?

Eric Smidt was born on 01-01-60, and is currently 62.0 years old.

What is Eric Smidt source of income?

Eric Smidt acquires most part of his wealth from hardware stores.
 

Concluding Eric Smidt Net Worth

Currently with a net worth of 6 Billion, Eric Smidt stands at 480 in the world billionaires list. And draws most of his wealth from hardware stores. Hope you like this information about Eric Smidt. If you like this, then please share it with your friends. This above post is all about the estimated worth of Eric Smidt. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Eric Smidt. Actual worth may vary a little. You can always get information by checking out Leaktown.com.