What is Tim Draper’s Net Worth?
| Net Worth | $2.2 Billion |
| Born | June 11, 1958 |
| Age | 63 Years Old |
| Birthplace | East Chicago, Indiana, U.S |
| Source of Wealth | Venture Capitalist, Founder |
| Last Updated | 2022 |
Tim Draper is an American venture capitalist. As of 2022, he has accumulated an estimated net worth of 2.2 Billion. He is best known as an early-stage venture capitalist.
He is the founder of several firms including Draper Fisher Jurvetson (DFJ), Draper Venture Network, Draper University, Draper Goren Holm, and Draper Associates.
Draper has invested in several prominent companies, including Tesla, SpaceX, Baidu, SolarCity, Hotmail, Twitter, Skype, AngelList, Ring, DocuSign, Coinbase, Robinhood, Ancestry.com, Cruise Automation, Twitch, and Focus Media.
He is also an advocate of bitcoin and decentralization. And he is one of the richest cryptocurrency billionaires in the world.
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The Secret …
How did he make $2 Billion?
What is the main source of his income?
And…
How does he spend it?
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How Was Tim Draper’s Early Life & Education?
Tim Draper’s real name is Timothy Cook Draper. He was born to William Henry Draper III, and Phyllis (Culbertson) on June 11, 1958, in East Chicago, Indiana, U.S.
His father is the former chairman of the Export-Import Bank of the United States and the founder of the Draper & Johnson Investment Company.
This is the fourth generation of the Draper family as venture capitalists and Tim Draper is the third in the familial line.
In 1958, his grandfather William Henry Draper Jr. founded Draper, Gaither, and Anderson, and was the first ambassador to NATO.
He went to Phillips Academy Andover for his studies. Then attended Stanford University, and earned a degree in BS in electrical engineering in 1980. Later he earned an MBA degree from Harvard Business School in 1984.
Erik Finman Biography/ Wikipedia
| Real name | Timothy Cook Draper |
| Nickname | Tim |
| Professional Name | Tim Draper |
| Birth date/ Birthday/ Date of Birth/ Born | June 11, 1958 |
| Birthplace | East Chicago, Indiana, U.S |
| age | 63 Years Old |
| Height | NA |
| Weight | NA |
| Nationality | American |
| Horoscope | Gemini |
| Marital Status | Married |
| Wife | Melissa Parker |
| Girlfriend | NA |
| Ethnicity | White |
| Education/ College | Stanford University, Harvard University |
| Net Worth/ Salary/ Income | $2 billion |
| Occupation | Venture Capitalist |
How Did Tim Draper Start His Career?
During his Stanford days, he started an internship at Hewlett-Packard as a marketing engineer. While he was doing his MBA, he created the campus board game “Stanford – The Game” with Heidi Roizen.
After college he joined Alex. Brown & Sons, an investment bank. In 1985, he left the bank and founded his venture capital firm “Draper Associates”. In 1991, John Fisher joined him; they both were colleagues at Alex.
In 1992, they both founded Draper Fisher Associate, and in 1994 Steve Jurvetson joined them as a third partner. And the name of the firm changed to Draper Fisher Jurvetson (DFJ).
Draper’s firm has invested in several prominent companies, some of the major ones are:
- Baidu
- Hotmail
- Skype
- Tesla
- SpaceX
- AngelList
- SolarCity
- Ring
- DocuSign
- Coinbase
- Robinhood
- Ancestry.com
- Twitch
- Cruise Automation
- Focus Media
Draper was one of the first investors in Theranos, a blood-testing start-up. Some of the recent investments are into the following industries Blockchain, cryptocurrency, Bitcoin, Smart Contracts, computational genomics, and more.
In 2013, he launched “Draper University” of Heroes, an educational platform for entrepreneurs. It’s a residential program based in San Mateo, California.
Tim Draper’s Personal Life
Tim Draper got married to Melissa Parker. They have four children including Jesse Draper, a Tv personality and venture capitalist.
Polly Draper is his sister, who is an actress, writer, and producer. Nat Wolff and Alex Wolff are his nephews; they both are actors and musicians.
Tim Draper Books
- When A Venture Capitalist Enters California’s Political Matrix: Innovation Meets The Status Quo
- How to be The Startup Hero: A Guide and Textbook for Entrepreneurs and Aspiring Entrepreneurs
Tim Draper’s Education Program
- Draper University
- Draper TV
- BizWorld.org
- Exec Ed
- VCx
How Does Tim Draper Make Money?
The major sources of income through which Tim Draper has accumulated a net worth of $2.2 Billion:
- Earning as a venture capitalist
- Earning from firms
- Earnings from educational programs
- Books
Tim Draper Social Media Accounts
Tim Draper’s Famous Quotes
“Bitcoin frees people from trying to operate in a modern market economy.”
Tim Draper
“SpaceX has reopened the cosmos, and the space race is back on, only this time it is in the private sector.”
Tim Draper
“You’re best off when you’re part of the center of the creative universe.”
Tim Draper
Summary
Tim Draper is an American venture capitalist and founder of Draper Fisher Jurvetson (DFJ). He is an early investor in companies like Hotmail, Tesla, SpaceX, and many more.
As per the recent update, the net worth of Tim Draper is $2 Billion…!
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Frequently Asked Questions
Here are a few of the questions that are frequently asked about Tim Draper such as Wikipedia, marriage, biography, worth, height, and more…
What is Tim Draper’s age?
Tim Draper was born on June 11, 1958. He is 63 years old.
Where does Tim Draper live? Where is his House?
Tim Draper was born in East Chicago, Indiana, U.S. He currently lives in Redwood City, California, United States.
Is Tim Draper Married?
Yes, he is married to Melissa Parker. They have four children including Jesse Draper, a Tv personality and venture capitalist.
How is the founder of Draper Fisher Jurvetson (DFJ), a Venture Capital Firm?
Tim Draper is the founder of Draper Fisher Jurvetson (DFJ), later Fisher and Jurvetson joined him as a partner.
How Much Bitcoin Does Tim Draper Hold?
There is no information about the specific amount of Bitcoin that Tim Draper holds. As he is one of the richest people in cryptocurrency in the world.
P.S: I wrote this article with a clear intention to have an impact on your journey, especially on all aspiring venture capitalists, cryptocurrency enthusiasts, and entrepreneurs. To change your life. And This is not the exact net worth of Tim Draper.