Name
Henry Nicholas, III.
Henry Nicholas, III.
Newport Coast, California
Bachelor of Arts/Science, University of California, Los Angeles | Doctorate, University of California, Los Angeles | Master of Science, University of California, Los Angeles
United States
Broadcom
8
semiconductors, Self Made
$4,200,000,000
546
2
#546 Billionaires 2019
#232 Forbes 400 2018
Henry Nicholas III and business partner Henry Samueli cofounded fabless semiconductor firm Broadcom in 1991 in a Redondo Beach, Calif. condominium.In February 2016 Broadcom was acquired by Singapore-based chip firm Avago for $37 billion in cash and stock and renamed Broadcom Ltd. Nicholas retired from Broadcom in 2003 but has held onto a nearly 3% stake in the company. He is now focused on philanthropy, supporting art, education and crime victims' rights.In February 2019, Nicholas was charged with 5 counts of drug trafficking after police found heroin and methamphetamine in his Las Vegas hotel room in August. David Chesnoff, Nicholas' attorney, says his client denies the charges and says he plans to file a motion to dismiss the case due to lack of evidence.
A music enthusiast, Nicholas says his inspiration for Broadcom came from Pink Floyd lyrics.In 2008 he mobilized California to pass Marsy's Law, a crime victim's bill of rights, named for his murdered sister. Several other states have also passed the law.
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