Tony Hsieh was an American author, online entrepreneur, and venture capitalist (VC). He was best known as the chief executive officer (CEO) for a famous online shoe and clothing company called Zappos and his book “Delivering Happiness“ which was based on his entrepreneurial endeavors was also a defining moment in his career.
Tony Hsieh’s Biography And Net Worth
| Net Worth | $840 Million |
| Full Name | Tony Hsieh |
| Birth Date | 12, December 1973 |
| Age | 46 years |
| Death Date | 27, November 2020 |
| Place of Birth | Urbana, Illinois, United States |
| Profession | Businessperson |
Tony Hsieh Early Life
Tony Hsieh was born in Urbana, Illinois, United States. At the age of five, Tony Hsieh moved to the Lucas valley area of Marin country, California, with his family. He got his initial education from Branson High school in Ross California and later went to Harvard University. In 1995, he completed his graduation degree from the University. He got a degree in Computer Science.
Tony Hsieh Early Career
While at Harvard, he managed the Quincy House Grille and sold pizza to the students living in his dorm. After getting his degree, he worked at Oracle Corporation, and then five months later, he left the corporation and co-founded Link Exchange advertising network along with his class fellows. In 1998, they sold the Link Exchange to Microsoft for 265 million dollars. After selling Link Exchange to Microsoft, he then co-founded Venture Frogs with Alfred Lin.
Tony Hsieh Success
After developing Venture Frogs, Tony joined Zappos which is an online shoe and clothing company. As a chief executive officer (CEO), advertiser and investor, he changed the company’s fortunes within his years of joining the company. The company was often listed in Fortune as the ‘Bestselling Company’. He also shifted the corporate headquarters of Zappos from Bay Area to Las Vegas. In 2009, Amazon announced the acquisition of Zappos in a deal valued at approximately 1.2 billion dollars. From this deal, Tony Hsieh earned $214 million through his personal stake in the company and also earned an additional $100-200 million due to his Venture Frogs stake. Later in 2011, he joined Jetsuite’s board of directors and his investment allowed the company to develop two new ‘Embraer Phenom 100’ jets which are highly fuel-efficient jets. After his successful and visionary career at Zappos, he retired in 2020. He served for 21 years at the company. He then focused on transforming Las Vegas. In order to give Las Vegas a modern Urban core, Hsieh founded the revitalization Downtown Project worth 350 million dollars focused on bringing different businesses, schools, colleges, and residences into the city.
Tony Hsieh Books
Tony Hsieh wrote a New York Times best-selling book “Delivering Happiness” where he wrote about his journey to success. The book debuted as Number 1 in New York Times best-selling book and remained on the list for 27 weeks.
Tony Hsieh Net Worth
Tony Hsieh might have sold some of his stakes and his net worth was never confirmed as being over 1 billion dollars. At the peak, Tony Hsieh’s net worth was estimated to be $850 million. Currently, with his businesses and ventures, he has a net worth of 840 million dollars.
Tony Hsieh Features
| Weight 75 kg |
| Height 5’7’’ |
| Hair Color Black |
| Eye Color Black |
