How rich is Ron Conway?
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Ron Conway information
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Ron Conway Net Worth, Biography, Wiki 2017-2016
Ronald Crawford Conway was born on the 9th March 1951, in San Francisco, California USA, and is best known to the world as a businessman and investor, who is a founder of the Angel Investors LP and SV Angel investment firms.
Have you ever wondered how rich Ron Conway is, as of mid- 2016? According to authoritative sources, it has been estimated that Ron Conway`s net worth is as high as $1.5 billion, an amount he has acquired through his successful business career, especially from investing in firms such as Google, PayPal and Reddit, among many others.
Ron Conway Net Worth $1.5 Billion
Little is known about Ron`s early life and education, however, after finishing high school, he enrolled at San Jose State University, graduating with a BA degree in political sciences.
After graduation, Ron started to seek his first employment, and was hired as a promoter for the National Semiconductor Corporation. He worked in the company from 1973 until 1979, changing several management positions, which only increased his net worth. Ten years later he found engagement in the Altos Computer Systems, as the President and then as CEO, for two years. However, his ambitions were rather higher, and he started an investment company, entitled Angel Investors LP funds.
Within his firm, Ron became what is known as an ‘angel investor’, investing in start-up companies, and in such companies as Google, PayPal, and Ask Jeeves among many others, all of which became top firms in their respective areas of expertise, which gained Ron enormous profits over the years, which significantly increased his net worth.
He then started another investment firm, SV Angel, through which he invests independently from the Investors LP – successfully of course..
Nowadays, his SV Angel interests comprise investments in almost 300 companies, some of which include Airbnb, BuzzFeed, Bring Light, CastTV, Pinterest, Twitter, WePay, Zoomr, Blippy, AddThis, Foursquare, and many others.
When it all comes together, through his two companies Ron has invested in more than 650 companies over the years, many which have added considerably to his overall net worth.
He has also been recognized for his involvement in politics; he collected and donated around $600,000 for the election campaign of Edwin M. Lee, when he ran for Mayor of San Francisco. He has also supported a lobbying group FWD.us, and contributed to the likes of David Chiu and his fight against the San Francisco supervisor and 2015 Prop F supporter David Campos.
He has also used his money for philanthropic ventures; he is the Vice Chairman of UCSF Medical Foundation in San Francisco, and is a member of the development committee of such health and education facilities, including St. Francis High School, UCLA, the UCSF Medical Center in San Francisco, and Sacred Heart Schools, among others.
Regarding his personal life, Ron is married to Gayle, with whom he has three children. Other aspects of his private life are unknown in the media.
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