Eric Schmidt

Explore about the Famous Entrepreneur Eric Schmidt, who was born in United States on April 27, 1955. Analyze Eric Schmidt’s net worth, age, bio, birthday, dating, height-weight, wiki. Investigate who is Eric Schmidt dating now? Look into this article to know how old is Eric Schmidt?

Eric Schmidt Biography

Software engineer who was best known for being CEO of Google from 2001 – 2011.

He was a graduate of Princeton University where he earned his Bachelor’s in Electrical Engineering in 1976.

He had an estimated net worth of over $8 billion and was the 138th richest person in the world in 2013. In 2014, he co-authored a book titled How Google Works.

He had two daughters with wife Wendy Boyl.

He impressed both Sergey Brin and Larry Page during his Google interview in 2001.

Schmidt is an active member of the Berggruen Institute’s 21st Century Council, and its board of directors.

Eric Emerson Schmidt (born April 27, 1955) is an American businessman and software engineer. He is currently chair of the US Department of Defense’s Defense Innovation Advisory Board. He is known for being the CEO of Google from 2001 to 2011, executive chairman of Google from 2011 to 2015, executive chairman of Alphabet Inc. from 2015 to 2017, and Technical Advisor at Alphabet from 2017 to 2020. In 2017, Forbes ranked Schmidt as the 119th-richest person in the world, with an estimated wealth of US$11.1 billion.

Schmidt graduated from Yorktown High School in the Yorktown neighborhood of Arlington County, Virginia, in 1972, after earning eight varsity letter awards in long-distance running. He attended Princeton University, starting as an architecture major and switching to electrical engineering, earning a BSE degree in 1976. From 1976 to 1980, Schmidt stayed at the International House Berkeley, where he met his future wife, Wendy Boyle. In 1979, at the University of California, Berkeley, Schmidt then earned an M.S. degree for designing and implementing a network (Berknet) linking the campus computer center with the CS and EECS departments. There, he also earned a PhD degree in 1982 in EECS, with a dissertation about the problems of managing distributed software development and tools for solving these problems.

In June 1980, Schmidt married Wendy Susan Boyle (born 1955 in Short Hills, New Jersey). They lived in Atherton, California, in the 1990s. They have a daughter, Sophie, and had another, Alison, who died in 2017 from an illness. The two separated in 2011.

In 1983, Schmidt joined Sun Microsystems as its first software manager. He rose to become director of software engineering, vice president and general manager of the software products division, vice president of the general systems group, and president of Sun Technology Enterprises.

Dating back to early 1990s and dubbed “Schmidt’s Law” by George Gilder when Schmidt predicted that the network will become the computer. Schmidt’s Law states: “When the network becomes as fast as the backplane of your computer, the computer hollows out, its components dispersing across the Web, its value migrating to search and sort functions.”

In April 1997, Schmidt became the CEO and chairman of the board of Novell. He presided over a period of decline at Novell where its IPX protocol was being replaced by open TCP/IP products, while at the same time Microsoft was shipping free TCP/IP stacks in Windows 95, making Novell much less profitable. In 2001, he departed after the acquisition of Cambridge Technology Partners.

As an intern at Bell Labs, Schmidt did a complete re-write of Lex, a software program to generate lexical analysers for the Unix computer operating system. From 1997 to 2001, he was chief executive officer (CEO) of Novell. From 2001 to 2011, Schmidt served as the CEO of Google. He has served on various other boards in academia and industry, including the Boards of Trustees for Carnegie Mellon University, Apple, Princeton University, and Mayo Clinic.

New America is a non-profit public-policy institute and think tank, founded in 1999. Schmidt succeeded founding chairman James Fallows in 2008.

Schmidt sat on the boards of trustees of Carnegie Mellon University and Princeton University. He taught at Stanford Graduate School of Business in the 2000s. Schmidt serves on the boards of the Institute for Advanced Study in Princeton, the Khan Academy, and The Economist.

In March 2001, Schmidt joined Google’s board of directors as chair, and became the company’s CEO in August 2001. At Google, Schmidt shared responsibility for Google’s daily operations with founders Page and Brin. Prior to the Google initial public offering, Schmidt had responsibilities typically assigned to the CEO of a public company and focused on the management of the vice presidents and the sales organization. According to Google, Schmidt’s job responsibilities included “building the corporate infrastructure needed to maintain Google’s rapid growth as a company and on ensuring that quality remains high while the product development cycle times are kept to a minimum.”

Google founders Larry Page and Sergey Brin interviewed Schmidt. Impressed by him, they recruited Schmidt to run their company in 2001 under the guidance of venture capitalists John Doerr and Michael Moritz.

In 2004, Schmidt and the Google founders agreed to a base salary of US$1 (which continued through 2010) with other compensation of $557,465 in 2006, $508,763 in 2008, and $243,661 in 2009. He did not receive any additional stock or options in 2009 or 2010. Most of his compensation was for “personal security” and charters of private aircraft.

In 2005, Google blacklisted CNET reporters from talking to Google employees for one year, until July 2006, after CNET published personal information on Schmidt, including his political donations, hobbies, salary, and neighborhood, that had been obtained through Google searches.

The Schmidt Family Foundation was established in 2006 by Wendy Schmidt and Eric Schmidt to address issues of sustainability and the responsible use of natural resources.

On August 28, 2006, Schmidt was elected to Apple Inc.’s board of directors, a position he held until August 2009.

He is a member of the Bilderberg Group and has attended the annual Bilderberg conferences every year since 2007 (except for 2009). He also has a listed membership with the Trilateral Commission. He is a member of the International Advisory Board at the Blavatnik School of Government, University of Oxford.

In 2007, PC World ranked Schmidt as the first on its list of the 50 most important people on the Web, along with Google co-founders Page and Brin.

Schmidt was on the list of ARTnews’s 200 top art collectors in 2008. Schmidt denied that he was an art collector, despite his involvement in art, in 2019.

Schmidt was an informal advisor and major donor to Barack Obama’s 2008 presidential campaign, and began campaigning the week of October 19, 2008, on behalf of the candidate. He was mentioned as a possible candidate for the Chief Technology Officer position, which Obama created in his administration, and Obama considered him for Commerce Secretary. After Obama won in 2008, Schmidt became a member of President Obama’s transition advisory board and then a member of the United States President’s Council of Advisors on Science and Technology (PCAST). Schmidt has served on Google’s government relations team.

During an interview aired on December 3, 2009, on the CNBC documentary “Inside the Mind of Google,” Schmidt was asked, “People are treating Google like their most trusted friend. Should they be?” He replied: “I think judgment matters. If you have something that you don’t want anyone to know, maybe you shouldn’t be doing it in the first place. But if you really need that kind of privacy, the reality is that search engines, including Google, do retain this information for some time. And it’s important, for example, that we are all subject in the United States to the Patriot Act. It is possible that information could be made available to the authorities.”

In 2009, Eric and Wendy Schmidt endowed the Schmidt Transformative Technology Fund at Princeton University with $25 million. The Fund’s purpose is to support cutting edge research and technology in the natural sciences and engineering, encouraging collaboration across disciplines. It awarded $1.2 million in grants in 2010 and $1.7 million in grants in 2012.

In August 2010, Schmidt clarified his company’s views on network neutrality: “I want to be clear what we mean by Net neutrality: What we mean is if you have one data type like video, you don’t discriminate against one person’s video in favor of another. But it’s okay to discriminate across different types. So you could prioritize voice over video. And there is general agreement with Verizon and Google on that issue.”

At the Techonomy conference on August 4, 2010, Schmidt expressed that technology is good. And he said that the only way to manage the challenges is “much greater transparency and no anonymity.” Schmidt also stated that in an era of asymmetric threats, “true anonymity is too dangerous.” However, at the 2013 Hay Festival, Schmidt expressed concern that sharing of personal information was too rampant and could have a negative effect, particularly on teenagers, stating that “we have never had a generation with a full photographic, digital record of what they did”, declaring that “We have a point at which we [Google] forget information we know about you because it is the right thing to do. There are situations in life that it’s better that they don’t exist.”

Founded in 2010 by Schmidt and Dror Berman, Innovation Endeavors is an early-stage venture capital. The fund, based in Palo Alto, California, invested companies such as Mashape, Uber, Quixey, Gogobot, BillGuard, and Formlabs.

The Schmidt Family Foundation’s subsidiaries include ReMain Nantucket and the Marine Science and Technology Foundation; its main charitable program is the 11th Hour Project. The foundation has also awarded grants to the Natural Resources Defense Council and the Energy Foundation.

The Schmidt Family Foundation’s subsidiaries include ReMain Nantucket and the Marine Science and Technology Foundation; its main charitable program is the 11th Hour Project. The foundation has also awarded grants to the Natural Resources Defense Council and the Energy Foundation.

In its 2011 ‘World’s Billionaires’ list, Forbes ranked Schmidt as the 136th-richest person in the world, with an estimated wealth of $7 billion.

In January 2013, Schmidt visited North Korea with his daughter Sophie, Jared Cohen, and former New Mexico governor Bill Richardson.

In 2013, Schmidt and Jared Cohen, director of the Google Ideas think tank, published The New Digital Age: Reshaping the Future of People, Nations and Business, which discusses the geopolitical implications of increasingly widespread Internet use and access to information. The book was inspired by an essay in Foreign Affairs magazine the two co-wrote in 2010. He also wrote the preface to The Startup Game: Inside the Partnership between Venture Capitalists and Entrepreneurs, by William H. Draper, III.

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