Frederic Luddy
Founder and Chief Product Officer, ServiceNow
$1.38B
as of 10/04/24
About Frederic Luddy
Fred Luddy, a serial entrepreneur, cofounded enterprise software company ServiceNow in 2004, a few weeks before he turned 50.
At the time, Luddy had just lost a nearly $35 million fortune when his previous employer, Peregrine Systems, filed for bankruptcy.
Advised by Sequoia Capital, Luddy turned down a $2.5 billion acquisition offer for ServiceNow in 2011 and took it public the next year.
Luddy stepped down as CEO in 2011 to serve as chief product officer, a role he held until 2017. He became chairman of the board in 2018.
ServiceNow generated $9 billion in revenue in 2023.
Personal stats
Citizenship
United States of AmericaSource of wealth
SoftwareResidence
San Diego, CaliforniaMarital status
SingleBirth date
11/24/54 (age 69)Number of children
1Education
Drop Out, Indiana UniversitySelf-made
self-madeFrederic Luddy’s fortune is worth
23K
troy ounces of gold
21K
median U.S. household
14K
median U.S. income
0.028%
U.S. credit card volume
0.006%
GDP of the United States
0.004%
United States debt
Net worth history
Annual ranking
Related people
Net worth over time
Real-time ranking
Financial assets
NYSE | NOW-US
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