Henry Samueli’s profile picture

Henry Samueli

Cofounder, Chief Technology Officer and Chairman, Broadcom
Henry Samueli’s profile picture
Net worth 2018: $3.9 Billion
Industry: Technology
Residence: Newport Beach, California
Country: United States
BirthDay: 20 September 1954
Sigh: Libra
Children: 3
Education: Bachelor of Arts / Science, University of California, Los Angeles; Doctorate, University of California, Los Angeles; Master of Science, University of California, Los Angeles
BIOGRAPHY

Henry Samueli was bornon 20 September 1954 in Newport Beach, California, United States, is Cofounder, Chief Technology Officer and Chairman, Broadcom. Henry Samueli is #580 in List Billionaires People In The World. Henry Samueli is co-founder and Chief Technology Officer of chipmaker Broadcom. Samueli cofounded Broadcom with Henry Nicholas in 1991. It was acquired by Avago Technology in 2016 for $37 billion and renamed itself Broadcom Ltd. Samueli and his wife bought the Anaheim Ducks hockey team for $70 million in 2005; it is now worth approximately $350 million net of debt. In 2017, the Samueli Foundation donated $20 million to UCLA and $30 million to UC Irvine. Both will go towards the schools' engineering programs.

NET WORTH STATISTIC
2009

$1.65 Billion

2010

$1.7 Billion

2011

$1.7 Billion

2012

$1.8 Billion

2013

$1.7 Billion

2014

$2.2 Billion

2015

$2.6 Billion

2016

$3.1 Billion

2017

$3.6 Billion

2018

$3.9 Billion

People in the industry said, 'You guys are crazy, this will never work.' We were trying to build these high performance radios and communication circuits out of very average technologies. But we saw that it could be done.

Henry Samueli
TIMELINE
2017

In 2017 the Samueli's made a transformational $200 million gift to UC Irvine to create the Susan and Henry Samueli College of Health Sciences, a first-of-its-kind College of Health Sciences focused on interdisciplinary integrative health

2015

In 2015 the Samueli's acquired ownership of the Ducks' American Hockey League affiliate, the Norfolk Admirals

2012

In 2012 the Samueli's joined the Giving Pledge, initiated by Warren Buffett and Bill and Melinda Gates, whose members pledge the majority of their wealth to philanthropy

2009

District Court Judge Cormac Carney rejected the plea deal that called for Samueli to receive probation, writing: "The court cannot accept a plea agreement that gives the impression that justice is for sale" 16 months later, on December 10, 2009, Judge Carney, after hearing the testimony of all the witnesses at the trial of CFO William Ruehle, dismissed the case against Samueli (as well as Ruehle and Nicholas), citing Samueli's testimony as well as prosecutorial misconduct

2007

In 2007 the Anaheim Ducks became the first California team ever to win the Stanley Cup championship

2006

In 2006 both the Securities and Exchange Commission and the Department of Justice began investigating Broadcom Corporation for backdating of stock options

2003

In 2003 the Samueli's purchased the management contract for the Arrowhead Pond of Anaheim sports and entertainment venue, creating Anaheim Arena Management, LLC, to oversee all operations of the arena, and in 2005 they purchased the Mighty Ducks of Anaheim National Hockey League (NHL) club, the arena's largest tenant, from the Walt Disney Company for $75 million

2001

In 2001 the Samueli's established the Susan Samueli Center for Integrative Medicine at UC Irvine

2000

During the technology boom in the 2000s, Samueli and Broadcom co-founder Henry T

1999

In 1999 the Samueli's made major donations to the UCLA School of Engineering and Applied Science and the UC Irvine School of Engineering, both of which have since been named after him

1998

After Broadcom went public in 1998 the Samueli Foundation was created

1992

They rented their first office in 1992 in Westwood, CA near the UCLA campus and moved to Irvine, CA in 1995 at which time Samueli took a leave of absence from UCLA to be at Broadcom full-time

1991

In 1991, while still working as a professor at UCLA, Samueli co-founded Broadcom with one of his Ph

1980

D (1980), all in the field of electrical engineering

1975

Samueli attended UCLA, where he received his bachelor's degree (1975), master's degree (1976), and Ph

1954

Henry Samueli (born September 20, 1954) is an American businessman, engineer, and philanthropist

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