Ray Dolby’s profile picture

Ray Dolby

Founder and director emeritus, Dolby Laboratories Inc. (Cl A)Founder and director emeritus, Dolby Laboratories Inc. (Cl A)
Ray Dolby’s profile picture
Net worth 2018: $2.3 Billion
Industry: Technology
Country: United States
BirthDay: 18 January 1933
Sigh: Aquarius
Died On: 12/09/2013
Children: 2
Education: Doctorate, University of Cambridge; Bachelor of Arts / Science, Stanford University
BIOGRAPHY

Ray Dolby was bornon 18 January 1933 in United States, is Founder and director emeritus, Dolby Laboratories Inc. (Cl A)Founder and director emeritus, Dolby Laboratories Inc. (Cl A). Audio tech titan Ray Dolby died on Sept. 12, 2013 after suffering from Alzheimer's Disease and acute leukemia. He was 80.The founder of Dolby Laboratories, he played clarinet as a child and became fascinated with reed vibrations. Audio and video company Ampex hired him at age 16 to develop electrical components of its tape recording system. He earned a Ph.D. in physics at the University of Cambridge. In 1963, Dolby took up a two-year appointment as a United Nations adviser in India, and then returned to London to found Dolby Laboratories in 1965. He made his fortune with audio-processing systems that eliminate background noise. The first inception of the system was used on the soundtrack of the 1971 hit "A Clockwork Orange." He took Dolby public in 2005. He is survived by wife Dagmar, who assumed control of the family's Dolby shares after Ray's death, and two sons.

NET WORTH STATISTIC
2010

$3.6 Billion

2011

$2.4 Billion

2012

$2.4 Billion

2013

$2.3 Billion

2018

$2.3 Billion

TIMELINE
2017

In December 2017 it was announced that his family has donated a further £85m from his estate to Cambridge University's Cavendish Laboratory

2013

Dolby died of leukemia on September 12, 2013, at his home in San Francisco at the age of 80

1965

In that same year, 1965, he officially invented the Dolby Sound System, a form of audio signal processing

1961

D (1961) in physics from the University of Cambridge, where he was a Research Fellow at Pembroke College

1956

As a non degree-holding "consultant", Dolby played a key role in the effort that led Ampex to unveil their prototype Quadruplex videotape recorder in April 1956 which soon entered production

1951

He was raised in San Francisco and attended Sequoia High School (class of 1951) in Redwood City, California

1949

As a teenager in the decade following World War II, he held part-time and summer jobs at Ampex in Redwood City, working with their first audio tape recorder in 1949

1933

Ray Milton Dolby OBE (/ˈdoʊlbi, ˈdɔːl-/; January 18, 1933 – September 12, 2013) was an American engineer and inventor of the noise reduction system known as Dolby NR

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