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PROFILE
Eric Smidt
$11B
Real Time Net Worth
as of 5/17/24
#196 in the world todayReflects change since 5 pm ET of prior trading day.
Photo by Courtesy of Eric Smidt
About Eric Smidt
- Eric Smidt is CEO of $6.5 billion (sales) Harbor Freight Tools, a home improvement retailer that has over 1,300 stores.
- Smidt was a teenager when he started Harbor Freight Tools with his father Allan in 1977. He earned enough credits at his job to graduate high school.
- In the beginning, Harbor Freight was a mail-order business that sold tools out of a small warehouse in North Hollywood.
- Smidt became president of the company in 1985 and CEO and sole owner in 1999.
- In 2010, his father Allan sued him for "looting" the company and leveraging it to finance his own lavish lifestyle. The case was settled out of court.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Personal Stats
- Age
- 64
- Source of Wealth
- Hardware stores, Self Made
- Residence
- Beverly Hills, California
- Citizenship
- United States
- Marital Status
- Married
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