Eric Schmidt
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Eric Schmidt

Net Worth
$6.9 B As of March 2012
At a Glance
  • Age: 57
  • Source of Wealth: Google, Self-made
  • Residence: Atherton, CA
  • Country of Citizenship: United States
  • Education: Bachelor of Arts / Science, Princeton University; Doctorate, University of California Berkeley; Master of Science, University of California Berkeley
  • Marital Status: Married
  • Children: 2
Forbes Lists
Profile

After ten years as CEO of Google, Eric Schmidt stepped down last year, relinquishing his role to one of the site's two billionaire founders, Larry Page. Riffing on an old joke from when he took over from young Page to prepare Google to float, he tweeted: "Day-to-day adult supervision no longer needed!" Schmidt has an electrical engineering degree from Princeton and a Ph.D. from UC Berkeley. He began in software at Bell Labs, Xerox PARC, then started pre-IPO at Sun Microsystems in 1983. He rose to chief technology officer and led development of Java technology. Before taking the helm at Google in 2001, he was CEO of Novell. On the eve of the search engine's 2004 IPO, Schmidt, along with founders Page and Sergey Brin, made a pact to stay for 20 years. [...] more

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Largest public holding
Political Contributions
40900.0,57600.0,66700.0
Democrats
$40,900
Republicans
$57,600
Independent
$66,700
Total $165,200
Recent Contributions
GILLIBRAND FOR CONGRESS
$2,500
NATIONAL REPUBLICAN SENATORIAL COMMITTEE
$15,000
OBAMA VICTORY FUND 2012
$35,800
LOFGREN FOR CONGRESS
$2,000
GOOGLE INC. NETPAC
$5,000
HATCH ELECTION COMMITTEE INC
$2,300
2007-2010, Federal Elections Comission
The data in this section is provided by Morningstar and is based on federal disclosure filings. Figures here may differ from Forbes estimates that take into account more recent changes.
Google, Inc.
Compensation for 2011
Salary $937,500
Bonus $0
Restricted stock awards $55,643,040
All other compensation $263,682
Option awards $38,136,040
Non-equity incentive plan compensation $6,000,000
Change in pension value and nonqualified deferred compensation earnings $0
Total Compensation $100,980,262
Apple, Inc.
Director Compensation for 2008
All other compensation $30,923
Total Compensation $30,923
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