David Cheriton

About David Cheriton

Who is it?: Professor, Stanford University
Birth Day: March 29, 1951
Birth Place: Palo Alto, California, Canada
Birth Sign: Aries
Education: B.A. University of British Columbia M.S. University of Waterloo PhD University of Waterloo
Occupation: Computer Scientist Mathematician
Spouse(s): Iris Fraser (divorced)
Children: 4

David Cheriton Net Worth

David Cheriton was bornon March 29, 1951 in Palo Alto, California, Canada, is Professor, Stanford University. "Professor Billionaire" David Cheriton, who teaches at Stanford University, made his fortune thanks to an early investment in Google. Cheriton and Andreas von Bechtolsheim (also now a billionaire) each invested $10,000 in Google when it was just getting started. The pair cofounded 3 companies: Arista Networks (IPO in 2014), Granite Systems (sold to Cisco in 1996) and Kealia (sold to Sun Microsystems in 2004). Cheriton resigned from Arista's board in March 2014 and has been unloading his stock; he still owns nearly 10% through a trust for his children.
David Cheriton is a member of Technology

💰 Net worth: $6.5 Billion (Updated at 22 June 2018)

2009 $1.1 Billion
2010 $1.6 Billion
2011 $1.8 Billion
2012 $1.3 Billion
2013 $1.7 Billion
2014 $2.5 Billion
2015 $3.5 Billion
2016 $3.8 Billion
2017 $4.2 Billion
2018 $6.3 Billion

Some David Cheriton images

Famous Quotes:

I feel like I've been very fortunate in investing, but I still have the brain of a scrounger in terms of spending money.

Biography/Timeline

1973

He briefly attended the University of Alberta where he had applied for both mathematics and music. Having been rejected by the music program, Cheriton went on to study mathematics and received his bachelor's degree from the University of British Columbia in 1973.

1974

Cheriton received his Masters and PhD degrees in computer science from the University of Waterloo in 1974 and 1978, respectively. He spent three years as an Assistant Professor at his alma mater, the University of British Columbia, before moving to Stanford in 1981.

1980

In 1980, Cheriton married Iris Fraser; they divorced in 1994; they have four children.

1996

Cheriton co-founded Granite Systems with Andy Bechtolsheim, a company developing gigabit Ethernet products; Granite was acquired by Cisco Systems in 1996.

1998

In August 1998, Stanford students Sergey Brin and Larry Page met Bechtolsheim on Cheriton's front porch. At the meeting, Bechtolsheim wrote the first cheque to fund their company, Google, and Cheriton joined him with a $200,000 investment.

2001

In 2001 Cheriton and Bechtolsheim founded another start-up company, Palo Alto based Kealia. Kealia designed a high-capacity streaming video server; Galaxy, a range of servers based on AMD's Opteron microprocessor; and Thumper, an enterprise-grade network attached storage system. Kealia was bought by Sun Microsystems in 2004, with Thumper becoming the Sun Fire X4500.

2003

Cheriton founded and led the Distributed Systems Group at Stanford University, which developed the V operating system. He has published profusely in the areas of Distributed Systems and Networking and has won the prestigious SIGCOMM award in 2003, in recognition for his lifetime contribution to the field of communication networks. Cheriton was the mentor and advisor of students such as: Sergey Brin and Larry Page (founders of Google), Kenneth Duda (founder of Arista Networks), Hugh Holbrook (VP Software Engineering at Arista Networks), Sandeep Singhal (was GM at Microsoft, now at Google), and Kieran Harty (CTO and founder of Tintri).

2004

In 2004, Cheriton co-founded (again with Bechtolsheim) and was chief scientist of Arista Networks, an industry leader in Data Center Networking, where he worked on the foundations of the Arista Extensible Operating System (EOS). Arista had a successful public offering in 2014.

2005

On November 18, 2005, the University of Waterloo announced that Cheriton had donated $25 million to support graduate studies and research in its School of Computer Science. In recognition of his contribution, the school was renamed the David R. Cheriton School of Computer Science. In 2009, Cheriton donated $2 million to the University of British Columbia, which will go to fund the Carl Wieman Science Education Initiative (CWSEI). Cheriton more recently donated $7.5M to fund a new chair in computing, as well as a new course on computational thinking.

2011

Cheriton is an investor in and advisory board member for frontline data warehouse company Aster Data Systems, which was acquired by Teradata in 2011 for $263M.

2014

In 2014, Cheriton co-founded and invested in Apstra, Inc CEO Mansour Karam and CTO Aleksandar "Sasha" Ratkovic. In 2015, Cheriton co-founded and invested in BrainofT Inc (Caspar) CEO Ashutosh Saxena.

2016

As of 2016, Cheriton is working with Stanford students on transactional memory, making memory systems that are resilient to failures. "In-memory processing leads to dramatically faster computers — in some cases speeding up applications by a factor of 100,000. It changes the complete nature of how a Business can run. We’re trying to lower the cost and to fit these systems in existing memory structures and reduce the number of components to make them more reliable and more secure," said Cheriton in a 2016 interview.

2018

Cheriton was ranked by Forbes with an estimated net worth of US$ 6 billion (as of February 18, 2018). Cheriton has made generous contributions to education, with a $25 Million donation to support graduate studies and research in the School of Computer Science (subsequently named after him) at the University of Waterloo, a $7.5 million donation to the University of British Columbia, and a $12 million endowment in 2016 to Stanford University to support Computer Science faculty, graduate fellowships, and undergraduate scholarships.