Henry Nicholas, III.

About Henry Nicholas, III.

Who is it?: Cofounder, Broadcom
Birth Year: 1959
Birth Place: Newport Coast, California, United States
Residence: Newport Coast, California, USA
Alma mater: University of California Los Angeles (B.S, 1982; M.S., 1985; Ph.D., Electrical Engineering, 1998)
Occupation: -Entrepreneur -Philanthropist -Victims' Rights Advocate -Chairman of the Henry T. Nicholas, III Foundation -Chairman of Nicholas Education Foundation -Chairman of Marsy's Law for All -Former co-chairman of the board, president and chief executive officer of Broadcom
Spouse(s): divorced
Children: three
Parent(s): Henry T. Nicholas Jr., Marcella Nicholas Leach
Website: http://www.htnfoundation.org http://www.marsyslawforall.org

Henry Nicholas, III. Net Worth

Henry Nicholas, III. was bornon 1959 in Newport Coast, California, United States, is Cofounder, Broadcom. Henry Nicholas III and business partner Henry Samueli cofounded fabless semiconductor firm Broadcom in 1991 in a Redondo Beach, Calif. condominium. In February 2016 Broadcom was acquired by Singapore-based chip firm Avago for $37 billion in cash and stock and renamed Broadcom Ltd. Nicholas retired from Broadcom in 2003 but has held onto a nearly 3% stake in the company. He is now focused on philanthropy, supporting art, education and crime victims' rights.
Henry Nicholas, III. is a member of Technology

💰 Net worth: $3.6 Billion (Updated at 22 June 2018)

2009 $1.5 Billion
2010 $1.5 Billion
2011 $1.3 Billion
2012 $1.3 Billion
2013 $1.4 Billion
2014 $1.6 Billion
2015 $1.9 Billion
2016 $2.5 Billion
2017 $3 Billion
2018 $3.5 Billion

Some Henry Nicholas, III. images

Awards and nominations:

During his tenure as Broadcom CEO Nicholas was the recipient of an Orange County Titan Award, the Ernst & Young Entrepreneur of the Year award for Electronics, was named as one of the Top 20 Entrepreneurs by Red Herring magazine and one of the World's Top 50 Cyber Elite by Time Digital Magazine.

Since leaving Broadcom, Nicholas has received the following awards:

Biography/Timeline

1962

Nicholas' sister Marsalee (born 1962) was shot to death by her ex-boyfriend in 1983, while Nicholas was in graduate school. Nicholas helped his mother and stepfather—Marcella and Robert Leach—found Justice for Homicide Victims, Inc., a non-profit organization that supports the families of murder victims.

1980

After graduating from UCLA in the 1980s, Nicholas worked at TRW in Redondo Beach, where he met Dr. Henry Samueli, his Future Business partner who also was a professor of engineering at UCLA. Nicholas later moved to PairGain Technologies in Cerritos, California, where he was Director of Microelectronics. He left PairGain in 1991 to start Broadcom Corporation with Samueli.

1982

He received a Bachelor of Science degree in Electrical Engineering from the UCLA School of Engineering in 1982, after attending the United States Air Force Academy, in Colorado Springs, Colorado. Nicholas earned a master's degree in 1985 and PhD. in Electrical Engineering from UCLA in 1998. His doctoral advisor was Henry Samueli. His doctoral dissertation on "Architectures, Optimization Techniques, and VLSI Implementations for Direct Digital Frequency Synthesizers" became the basis for the development of the chip that launched Broadcom.

1987

Nicholas married in 1987; he and his former wife Stacey, a former electrical Engineer, have three children, Brett, Matthew, and Shelby. Nicholas is now divorced and lives in Newport Coast, California.

1991

Nicholas founded Broadcom with Samueli in the spare bedroom of Nicholas' Redondo Beach condominium in 1991. Each invested $5,000 of his own money to get the Business off the ground. They took the company public in 1998.

2003

Nicholas retired from Broadcom in 2003, ostensibly to work on his marriage.

2004

In 2004, Nicholas announced a $10-million gift to St. Margaret's Episcopal School in Orange County and the formation of a partnership with the University of California, Irvine Henry Samueli School of Engineering to explore the application of Technology to enhance learning. In addition, Nicholas provides St. Margaret scholarships to students from Santa Ana.

2007

Nicholas established the first-ever American Heritage Bowl Game for Historically Black Colleges, co-sponsored by the Navy and Marine Corps. It was held in August 2007 at the stadium at Cal State Fullerton and broadcast worldwide on ESPN and armed forces networks.

2008

Nicholas and other Broadcom executives were indicted in June 2008 for stock fraud and options backdating. At the same time, Nicholas was also indicted on drug charges. The charges caused considerable scandal, and were the subject of much speculation in the press.

2009

Judge Cormac J. Carney threw out the stock fraud and options backdating charges in December 2009. The drug charges were also dropped in January 2010. The Judge, in dismissing the charges, accused the prosecution of a "shameful" campaign of witness intimidation aimed at securing unjustified convictions.