With vision and audacity, the businessman transformed his career and made a fortune investing in giants like Google and PayPal.
Michael Moritzborn in Wales, found his way to financial success after a career as a journalist and writer. His early relationships with key figures in technology and his subsequent entry into the world of venture capital led him to achieve one of the largest fortunes in the sector.
Today, this businessman occupies a prominent place among the world’s billionaires thanks to his role in Sequoia Capitalthe investment firm that revolutionized the Silicon Valley landscape.
From journalist to millionaire: the beginnings of Michael Moritz
Born in Wales, Michael Moritz emigrated to the United States in 1976. He began his career at Time magazine, where he stood out as office manager in San Francisco. During this stage, he had the opportunity to write “The Little Kingdom”one of the first Apple biographies. This book established him as a key chronicler of the company’s beginnings and earned him the nickname “the apple historian“, pseudonym established by Steve Jobs himself.
However, Moritz did not limit himself to writing. Your vision and connection with technological world They led him to take a professional turn, leaving journalism to join Sequoia Capital. This decision marked the beginning of a new stage in his life.
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How Michael Moritz made his fortune
At Sequoia Capital, Welsh stood out as startup investor who would later become technology giants. His ability to identify opportunities led him to participate in the first investment rounds of companies such as Google, PayPal and LinkedIn. These visionary bets generated extraordinary returns for both the firm and himself.
Despite the successes, in 2012 he reduced the company’s activity due to a rare and undisclosed medical condition. In 2023, he officially announced his departure from the project after 38 years of service. However, he did not completely retire from the world of finance, since redirected its efforts toward Sequoia Heritagean independent wealth management business.
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How much is Michael Moritz’s fortune?
As of early 2025, Michael Moritz’s net worth reaches 6.8 billion dollarsplacing him in position 445 among the richest people in the world. His fortune is the result of decades of strategic investment in companies that achieved enormous success in the modern era.
Source: Ambito
