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The fabulous life of billionaire Netscape founder Jim Clark

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Silicon Valley legend Jim Clark made it big when Netscape, the web browser company he founded with Marc Andreessen, went public in 1995.

Twenty years later, Clark is worth an estimated $1.5 billion, thanks in part to large timely investments in Apple, Facebook, and Twitter.

Clark lives the life one would expect of a billionaire, with multiple mansions, racing yachts, private jets, and a model wife. 

Clark is a high-school dropout from Plainview, Texas. After getting his GED, B.S., and Ph.D., he went on to become a professor of electrical engineering at Stanford. He founded the visual-effects company Silicon Graphics in 1982 and Netscape with Marc Andreessen in 1994.

Source: The Almanac



With the success of Netscape and its incredibly popular Navigator browser, Clark and Andreessen became the first to capitalize on the World Wide Web. Clark's wealth grew after the company's extremely successful IPO in August 1995. He later became a billionaire thanks to timely investments in Apple and Facebook.

Source: Forbes



Clark has developed numerous expensive hobbies in the 20 years since Netscape's IPO. As a former Navy man, Clark is perhaps most passionate about sailing. His latest watercraft is the new 100-foot monohull sailboat he named "Comanche." Though he hasn't shared how much the boat cost to build, he told the Australian Associated Press, "Boats of this type are sort of like building a Formula 1 car. They are expensive."

Source: Daily Mail

 



See the rest of the story at Business Insider

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