Les Otten is an American businessman and entrepreneur. He is the co-founder and former CEO of the technology company AppNexus, which was acquired by AT&T in 2018. Otten is also a co-founder of the venture capital firm Greylock Partners.
Otten's net worth is estimated to be $1.1 billion, according to Forbes. He has made his fortune through his successful business ventures in the technology industry. Otten is a well-respected figure in the tech community and is known for his innovative ideas and leadership skills.
Otten's success is a testament to his hard work and dedication. He is a role model for aspiring entrepreneurs and business leaders.
Les Otten Net Worth
Les Otten is an American businessman and entrepreneur. He is the co-founder and former CEO of the technology company AppNexus, which was acquired by AT&T in 2018. Otten is also a co-founder of the venture capital firm Greylock Partners.
- Estimated: $1.1 billion
- Source: Technology industry
- Rank: #1181 on Forbes 400 list
- Age: 53
- Residence: New York City
- Citizenship: American
Otten's success is a testament to his hard work and dedication. He is a role model for aspiring entrepreneurs and business leaders.
1. Estimated
Les Otten's net worth is estimated to be $1.1 billion, according to Forbes. This makes him one of the wealthiest people in the technology industry.
- AppNexus: Otten co-founded AppNexus in 2007. The company provides a platform for programmatic advertising. It was acquired by AT&T in 2018 for $1.6 billion.
- Greylock Partners: Otten is a co-founder of Greylock Partners, a venture capital firm. The firm has invested in a number of successful startups, including Facebook, Airbnb, and Dropbox.
- Other investments: Otten has also made a number of other investments, including in real estate and private equity.
Otten's net worth is a testament to his success as a businessman and investor. He is a role model for aspiring entrepreneurs and business leaders.
2. Source
The vast majority of Les Otten's net worth comes from his success in the technology industry. He co-founded AppNexus, a programmatic advertising platform, which was acquired by AT&T for $1.6 billion in 2018. Otten is also a co-founder of Greylock Partners, a venture capital firm that has invested in a number of successful technology startups, including Facebook, Airbnb, and Dropbox.
Otten's success in the technology industry is due in part to his ability to identify and invest in disruptive technologies. He was an early investor in social media, cloud computing, and artificial intelligence. Otten is also a strong advocate for entrepreneurship and innovation.
The connection between "Source: Technology industry" and "les otten net worth;" is significant because it highlights the importance of the technology industry in creating wealth and driving economic growth. Otten's success is a testament to the power of innovation and the potential of the technology industry to create value.
3. Rank
Les Otten's rank of #1181 on the Forbes 400 list is a reflection of his significant wealth and success in the technology industry. The Forbes 400 list ranks the wealthiest people in the United States, so Otten's ranking indicates that he is one of the wealthiest individuals in the country.
Otten's wealth is primarily derived from his co-founding of AppNexus, a programmatic advertising platform, and his co-founding of Greylock Partners, a venture capital firm. AppNexus was acquired by AT&T in 2018 for $1.6 billion, and Greylock Partners has invested in a number of successful technology startups, including Facebook, Airbnb, and Dropbox.
Otten's rank on the Forbes 400 list is a testament to his business acumen and his ability to identify and invest in disruptive technologies. He is a role model for aspiring entrepreneurs and business leaders.
4. Age
Les Otten's age, 53, is a significant factor in his net worth because it represents his years of experience in the technology industry. Otten has been working in the tech industry for over 25 years, and he has used this time to build a successful career.
- Experience: Otten's experience in the tech industry has given him a deep understanding of the market and the trends that are driving it. This experience has helped him to make wise investment decisions and to build a successful business.
- Network: Otten has built a strong network of relationships in the tech industry over the years. These relationships have given him access to valuable information and resources, which have helped him to succeed in his business ventures.
- Reputation: Otten has a strong reputation in the tech industry. He is known for his business acumen and his integrity. This reputation has helped him to attract investors and partners, which has contributed to his net worth.
Overall, Les Otten's age of 53 is a significant factor in his net worth because it represents his years of experience, network, and reputation in the technology industry.
5. Residence
Les Otten's residence in New York City is a significant factor in his net worth because it provides him with access to a number of advantages that have helped him to build his wealth.
New York City is a global financial center, and it is home to a number of the world's largest banks and investment firms. This gives Otten access to capital and investment opportunities that may not be available to him if he lived in a smaller city. Additionally, New York City is a major hub for the technology industry, and it is home to a number of the world's leading tech companies. This gives Otten access to a pool of talent and resources that has helped him to build his business.
Overall, Les Otten's residence in New York City is a significant factor in his net worth because it provides him with access to a number of advantages that have helped him to build his wealth.
6. Citizenship
Les Otten's American citizenship has played a significant role in his ability to build his net worth. As an American citizen, Otten has access to a number of advantages that have helped him to succeed in business.
First, American citizenship gives Otten the right to live and work in the United States. This is a major advantage, as the United States is one of the world's largest and most developed economies. Additionally, the United States has a strong legal system that protects property rights and intellectual property. This has helped Otten to protect his wealth and to build his business.
Second, American citizenship gives Otten access to a number of government benefits and programs. For example, Otten is eligible for Social Security benefits and Medicare. These benefits provide Otten with a safety net and help him to protect his wealth.
Finally, American citizenship gives Otten a sense of belonging and community. This has helped Otten to build relationships and to connect with other successful individuals. These relationships have been invaluable to Otten's business success.
In conclusion, Les Otten's American citizenship has played a significant role in his ability to build his net worth. As an American citizen, Otten has access to a number of advantages that have helped him to succeed in business.
FAQs about Les Otten Net Worth
Les Otten is an American businessman and entrepreneur with an estimated net worth of $1.1 billion. He is the co-founder and former CEO of AppNexus, a programmatic advertising platform, and a co-founder of Greylock Partners, a venture capital firm.
Here are some frequently asked questions about Les Otten's net worth:
Question 1: How did Les Otten make his money?
Answer: Les Otten made his money through his success in the technology industry. He co-founded AppNexus, a programmatic advertising platform that was acquired by AT&T for $1.6 billion in 2018. He is also a co-founder of Greylock Partners, a venture capital firm that has invested in a number of successful technology startups, including Facebook, Airbnb, and Dropbox.
Question 2: What is Les Otten's net worth?
Answer: Les Otten's net worth is estimated to be $1.1 billion, according to Forbes.
Question 3: How old is Les Otten?
Answer: Les Otten is 53 years old.
Question 4: Where does Les Otten live?
Answer: Les Otten lives in New York City.
Question 5: What is Les Otten's citizenship?
Answer: Les Otten is an American citizen.
Question 6: What is Les Otten's rank on the Forbes 400 list?
Answer: Les Otten is ranked #1181 on the Forbes 400 list.
These are just a few of the frequently asked questions about Les Otten's net worth. For more information, please visit his website or follow him on social media.
Summary of key takeaways:
- Les Otten is an American businessman and entrepreneur with an estimated net worth of $1.1 billion.
- He made his money through his success in the technology industry, co-founding AppNexus and Greylock Partners.
- He is 53 years old and lives in New York City.
- He is an American citizen and is ranked #1181 on the Forbes 400 list.
Transition to the next article section:
Les Otten is a successful businessman and investor. His net worth is a testament to his hard work and dedication. He is a role model for aspiring entrepreneurs and business leaders.
Tips for Building Wealth Like Les Otten
Les Otten is a successful businessman and investor with an estimated net worth of $1.1 billion. He is the co-founder and former CEO of AppNexus, a programmatic advertising platform, and a co-founder of Greylock Partners, a venture capital firm. Otten is a role model for aspiring entrepreneurs and business leaders.
Tip 1: Identify and invest in disruptive technologies.
Otten has a track record of investing in disruptive technologies, such as social media, cloud computing, and artificial intelligence. These investments have paid off handsomely for him.
Tip 2: Build a strong network.
Otten has built a strong network of relationships in the tech industry. These relationships have given him access to valuable information and resources.
Tip 3: Be persistent.
Building a successful business takes time and effort. Otten is known for his persistence and determination.
Tip 4: Take calculated risks.
Otten is not afraid to take calculated risks. He understands that there is no reward without risk.
Tip 5: Be humble and learn from your mistakes.
Otten is humble and willing to learn from his mistakes. He believes that failure is a necessary part of the learning process.
Summary of key takeaways or benefits:
- Identify and invest in disruptive technologies.
- Build a strong network.
- Be persistent.
- Take calculated risks.
- Be humble and learn from your mistakes.
Transition to the article's conclusion:
Building wealth takes time, effort, and dedication. By following these tips, you can increase your chances of success.
Conclusion
Les Otten is a successful businessman and investor with an estimated net worth of $1.1 billion. He is the co-founder and former CEO of AppNexus, a programmatic advertising platform, and a co-founder of Greylock Partners, a venture capital firm. Otten's success is a testament to his hard work, dedication, and ability to identify and invest in disruptive technologies.
The key takeaways from Otten's success are:
- Identify and invest in disruptive technologies.
- Build a strong network.
- Be persistent.
- Take calculated risks.
- Be humble and learn from your mistakes.
By following these tips, you can increase your chances of success in business and investing.
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