Steve Case Net Worth

Steve Case Net Worth : $1.33 Billion

Profile

An American Businessman, and Former Chairman and CEO of America Online (AOL)

Nationality

USA

Source of Wealth

Business and Investment

Years of Experience

33

Date of Birth

August 21, 1958

Education

Graduated with a Degree in Political Science from Williams College, Massachusetts

Marital Status

Married

Children

5

Steve Case’s Income & Total Net Worth

Steve Case’s net worth is $1.33 billion. Steve Case was born in Hawaii and graduated from Williams College. He worked for several big companies, such as Procter & Gamble, Pizza Hut, Control Video Corporation, and Quantum Computer Services (of which, he is a co-founder). Fe renamed his company to America Online (AOL), in 1991. AOL had 26.7 million subscribers, by 2002. In 2003, he quit as the CEO of the company in order to concentrate on his own initiatives, funded by his company, Revolution, LLC.

Business Investments

Steve Case’s company Revolution holds majority shares in various luxury travel companies (including Miraval and Exclusive Resorts) and healthcare firms (including revolution Health group). It bought a controlling interest in Flexcar in 2005, which amalgamated with Zipcar in 2007. It also had an investment in LivingSocial.

In 2009, a plan to buy Revolution Money (a division of Revolution, LLC) for $300 million was announced by American Express. In 2007, Case along with Ted Leonsis, made an investment of $5.5-million in Clearspring Technologies, widget syndication specialist.

Case controls 10,000 acres of land in Hawaii. He also has a controlling interest in Maui Land & Pineapple Company, and Grove Farm.

Properties: Private Fortune

Steve Case is an owner of a beautiful mansion Merrywood in McLean, USA, which is a parental heritage of Jacqueline Kennedy Onassis, who sold it to William Conway, and Steve Case purchased it from Conway in $24.5 million.

Steve Case Home

This house was built in 1920’s, and it is a seven-acre waterfront estate with nine bedrooms, 5000 square feet pool house, and a large tennis court.  The house is built in Georgian style with high Potomac Palisades, terraced lawns and steep rock way to the river.

He also possesses a 40 thousand acre Grove Farm on the island of Kaua’i.

Steve Case’s Career

Case was born and brought up in Honolulu, Hawaii, where he graduated from the Punahou School. Then, Case completed his higher studies from Williams School in Williamstown, Massachusetts, in 1980. For the next two years, he served as an assistant brand manager at Procter & Gamble in Cincinnati, Ohio.

In 1982 he joined Pizza Hut Inc. in Wichita, Kansas as a manager of new pizza marketing.

He was a former chairman and CEO of America Online. Additionally, he served as the chairman of the Case Foundation, the chairman of Startup America Partnership, and also held a seat on President’s Council on Jobs and Competitiveness.

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