Reid Hoffman
Palo Alto, California
Bachelor of Arts/Science, Stanford University | Master of Science, Oxford University
United States
8
LinkedIn, Self Made
$1,900,000,000
1349
#1349 Billionaires 2019
#240 Forbes 400 2017
Reid Hoffman cofounded professional networking site LinkedIn in 2003 and is a partner at venture capital firm Greylock Partners.In 2016, Hoffman sold LinkedIn to Microsoft for $26.2 billion in cash and joined Microsoft's board.Hoffman is part of the so-called "PayPal Mafia," and was one of the first employees at the payment company that was later sold to eBay.Before PayPal, Hoffman created the (failed) dating site SocialNet, which some regard as the first online social network.He sits on the boards of several nonprofits, including Kiva, which seeks to combat poverty through microfinance.
Hoffman was an early investor in Facebook; he put in $40,000 after introducing Peter Thiel to the startup in 2004.He hosts the podcast "Masters of Scale," during which he discusses how to scale, with guests like Facebook's Sheryl Sandberg and Netflix's Reed Hastings.
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