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Michael MoritzLarge businessman and investor
Country:
 Great Britain |
Content:
Biography of Michael Moritz
Michael Moritz, a prominent businessman and investor, was born in Cardiff, United Kingdom in 1954. He is the owner of Sequoia Capital and a former member of the board of directors of Google.
Education
Moritz received his secondary education at Howardian School in Cardiff. He then continued his studies at the University of Oxford, where he focused on history and various humanities subjects. In 1978, he obtained a bachelor's degree from the Wharton School of the University of Pennsylvania in the United States.
Career
Moritz began his career in 1986 as a reporter for Time magazine. In 1984, he published his first book, "The Little Kingdom: The Private Story of Apple Computer." He later co-authored the book "Going for Broke: The Chrysler Story" with Barrett Simon. After leaving Time magazine, Moritz co-founded Technologic Partners, a company specializing in information technology, online conferences, and messaging.
Investments and Philanthropy
Moritz has invested significant amounts of money in internet resources such as Google, Yahoo!, PayPal, Apple Computer, Cisco, Webvan, YouTube, and eToys. His investments in Google catapulted him to become one of the richest people in the United Kingdom, earning him the top spot on Forbes' "Midas List."
In addition to his business ventures, Moritz is actively involved in philanthropy. In June 2008, he made a donation of £50 million to the Christ Church Cathedral at the University of Oxford, marking the largest donation in the institution's history.
Personal Life
Michael Moritz is married and the father of two children. Although he does not reside in his homeland of Wales, he frequently visits. In 2008, his net worth was estimated at $1.3 billion.
Recently, Moritz decided to invest a significant sum of money in the Cardiff Football Club, which competes in the second division. The club has substantial debts to various companies, and Moritz has agreed to pay off all the debts and invest around one million pounds into the team's development.
