The top 50 billionaire inventors
W. Reed Hastings – Estimated Net Worth Today: $3.1B.
Reed Hastings is the co-founder and executive chairman of Netflix. The video-streaming service offers TV shows and films, as well as original content, to 222 million members globally. He currently sits on a number of boards and non-profit organizations.
A former member of the California State Board of Education, Hastings is an advocate for education reform through charter schools.
He owns about 2% of Netflix, which went public in 2002.
Hastings co-founded Netflix in 1995, following the sale of his first company, Pure Software, to Rational Software. However, he resigned as co-CEO in January 2023.
In March 2022, Hastings donated $1 million to Razom, a Ukrainian nonprofit organization that procures emergency supplies and medical equipment such as disposable resuscitators to treat the wounded.
February 21, 2023, Weekly Utility Patent Insights
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About The Author
Angelina Kushnarova
Angelina Kushnarova (Sverediuk) was born in Ukraine. She graduated from Ternopil Medical University with a specialization in Medicine and completed an internship in Radiology at Lviv University. She worked as a Radiologist, while also working as a web developer.