Reed Hastings

CEO, Netflix
$5.24B
$32.1M (0.6%)
as of 12/20/24

About Reed Hastings

Reed Hastings, cofounder and executive chairman of Netflix, revolutionized how the world is entertained.

Hastings stepped down as co-CEO in 2023 and has been lowering his shareholding; he now owns less than 1%.

He cofounded Netflix in 1997, the same year he sold his first company, Pure Software. He took Netflix public in 2002.

Netflix originally operated as a DVD subscription service, but began streaming content in 2007.

In 2020, he and his wife Patty donated $120 million to two historically Black colleges and the United Negro College Fund. Their lifetime giving surpasses $2 billion.

Personal stats

Citizenship

United States of America

Source of wealth

Netflix

Residence

Santa Cruz, California

Marital status

Married

Birth date

10/08/60 (age 64)

Number of children

2

Education

Bachelor of Arts/Science, Bowdoin College; Master of Science, Stanford University

Self-made

self-made

Reed Hastings’s fortune is worth

87K

troy ounces of gold

81K

median U.S. household

52K

median U.S. income

0.105%

U.S. credit card volume

0.021%

GDP of the United States

0.015%

United States debt

Net worth history

Annual ranking

Did you know?

The son of a Nixon administration lawyer, Hastings studied math at Bowdoin and served in the Peace Corps in Swaziland.

Net worth over time

Real-time ranking

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