American billionaire businessman and co-founder of Yahoo, David Filo’s Net Worth is estimated to be $6 billion. David Filo is an American billionaire businessman and co-founder of Yahoo with Jerry Yang. His Filo server program, written in the C programming language, was server-side software used to serve dynamically changing web pages. Filo is married to photographer and educator Angela Buening. They have one child and live in Palo Alto, California. You may also like Sunny Balwani’s Net Worth.
David Filo is an American billionaire businessman, best known for co-founding Yahoo with his classmate Jerry Yang. His journey from a college project to building a tech empire has made him extremely wealthy.
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What is David Filo’s Net Worth?
According to Forbes, Co-founder of Yahoo, David Filo’s net worth is around $6 billion as of 2024. Through his investment portfolio, David Filo generates income of over $300 million annually through the sale of stocks and dividend receipts. David Filo uses several strategies to increase his wealth through successful investments.
David Filo invests capital in each of these strategies in a proportion he deems appropriate. His wealth has come primarily from his stake in Yahoo before its core business was sold to Verizon in 2016 for $5 billion in cash.
Net Worth | $6 Billion |
Assets | $1 billion |
Investments | $4 billion |
Loans and Liabilities | $460 million |
Annual Income | $310 million |
David Filo House
David Filo has purchased a 9,500 square feet luxurious house at a price of over $34 million. David Filo then renovated this house by hiring an architectural design firm and spending an additional $5 million on this luxurious house. David Filo has imported Swedish oak flooring for this property.
David Filo’s house also has a library room and a fireplace in the corner. According to David Filo’s taste, the house was designed with minimalist interiors and furniture, with the main bedroom having glass walls that open directly to the backyard. Also, check Shiv Nadar’s Net Worth.
David Filo Property Investment
David Filo’s assets include 10 real estate properties, 8 cars, and 4 luxury yachts. David Filo’s asset portfolio also includes a cash reserve of over $300 million. David Filo also has an investment portfolio of 10 stocks, valued at $3 billion. Some of the stocks owned by David Filo are listed below:
- Hewlett Packard
- Visa
- PayPal
- Cognizant
- Salesforce
David Filo Loans and Liabilities
To pursue his college education, David Filo has taken a student education loan of $30,000. However, after earning wealth through Yahoo, he has repaid this education loan completely. However, David Filo took a massive loan of $300 billion last year for his business expansion needs and to buy a house property. This loan is currently outstanding with the Bank of America and is considered while calculating David Filo’s net worth. You can also check Thomas Girardi’s Net Worth.
David Filo and Yahoo
Filo earned a B.S. degree (via a Dean’s Honor Scholarship) an M.S. degree in Computer Engineering at Tulane University and a Ph.D. degree at Stanford University in 1990. In February 1994, he teamed up with Jerry Yang to create an Internet website called “Jerry and David’s Guide to the World Wide Web”, which included a directory of other websites.
It was renamed “Yahoo!” (an exclamation). Yahoo! became very popular, and Filo and Yang recognized the business potential and co-founded Yahoo! Inc. Yahoo! started as a web portal, containing a web directory that provided a wide range of products and services for various online activities.
Yahoo was one of the pioneers of the early Internet era of the 1990s. It is still one of the leading Internet brands and, due to partnerships with telecommunications firms, is one of the most visited websites on the Internet. You may also like Mike Lindell’s Net Worth.
About David Filo’s Personal Life
Real Name | David Robert Filo |
Nick Name: | David Filo |
Birth Place: | Wisconsin, United States |
Date Of Birth: | 20 April 1966 |
Age: | 58 years old |
Height: | 175 cm / 5′ 8″ |
Weight: | 81 Kg / 178 lbs |
Eye Colour: | Blue |
Hair Colour: | Light Brown |
Education: | Sam Houston High School, Stanford University, Tulane University |
Religion: | N/A |
Nationality: | American |
Zodiac Sign: | Taurus |
Gender: | Male |
Sexual Orientation: | Straight |
Kids/Children Name: | N/A |
Wife: | Angela Buenning Filo |
Net Worth: | $6 Billion |
Key Facts about David Filo
David Filo is a co-founder of early web portal Yahoo, which sold its core business to Verizon for $5 billion in cash in 2016. Filo started the company in 1995 with Jerry Yang, a classmate at his Stanford Ph.D. program. The duo dropped out to run Yahoo. In 2004, Filo donated $30 million to his alma mater, Tulane University, for engineering and computer science scholarships.
Filo and his wife Angela established the Yellow Chair Foundation in 2000; it supports education, civil liberties, gender equality, and the environment. The most valuable part of Yahoo – its stakes in Alibaba and Yahoo Japan – morphed into a company called Altaba. Altaba voted to liquidate in 2019. Must read Mattress Mack’s Net Worth.
FAQs
David Filo’s total net worth is around $6 Billion.
Currently, David Filo is 58 years old (20 April 1966).
The height of David Filo is 1.75m. (5’ 8”).
Yes, David is married to Angela Buenning Filo.