David Filo
Palo Alto, California
Bachelor of Arts/Science, Tulane University | Master of Science, Stanford University
United States
Yahoo!
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Yahoo, Self Made
$4,300,000,000
379
3
#379 Billionaires 2019
#150 Forbes 400 2018
David Filo is cofounder of Yahoo, an early web portal, which sold its core business to Verizon for $4.48 billion in cash in June 2017.The most valuable part of Yahoo - its 15% stake in Alibaba and its 35% stake in Yahoo Japan - morphed into a listed company called Altaba.Filo started the company in 1995 with Jerry Yang, a classmate at his Stanford Ph.D. program. The duo dropped out to run Yahoo.Filo and his wife Angela established the Yellow Chair Foundation in 2000; it supports education, civil liberties, gender equality and the environment.In 2004, Filo donated $30 million to his alma mater, Tulane University, for engineering and computer science scholarships.
Filo's wife Angela, a photographer and educator, sits on Stanford's Board of Trustees. David got a master's degree from Stanford in 1990.Originally called "Jerry and David's Guide to the World Wide Web," Yahoo was named after a word from Gulliver's Travels that meant "rude, unsophisticated."
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