Mark Shuttleworth Net Worth is$500 Million
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Profession: Entrepreneur | Businessperson | Astronaut
Date of Birth: 1973-09-18
Nicknames: Mark Richard Shuttleworth
Ethnicity: British diaspora in Africa, White Africans of European ancestry
Country: Welkom
Mark Shuttleworth net worth: Mark Shuttleworth is a South African entrepreneur and space tourist who has a net worth of $500 million dollars. Mark Shuttleworth was born in Welkom, Free State, South Africa, and went on to graduate from the University of Cape Town with a degree in Finance and Information Systems. He began to make a name for himself in the technology community as one of the developers of the Debian operating system. He also founded Thawte in 1995. The company specialized in digital certificates and online security. Four years later, he sold the business to VeriSign for approximately $575 million. He founded Canonical, Ltd, a company that supported and funded free software projects, in 2004. He subsequently funded the development of Ubuntu. He is most widely recognized by the general public for becoming the second self-funded space tourist. He went into space in 2002, and spent a week at the International Space Station. He trained for a year and spent $20 million in order to make the trip.
Mark Richard Shuttleworth (born 18 September 1973) is a South African entrepreneur, and space tourist who became the first citizen of an independent African country to travel to space. Shuttleworth founded Canonical Ltd. and as of 2013, provides leadership for the Ubuntu operating system. He currently lives on the Isle of Man and holds dual citizenship of South Africa and the United Kingdom.


Born in Welkom in South Africa's Orange Free State as a son of a surgeon and of a nursery-school teacher, Shuttleworth attended school at Western Province Preparatory School (where he eventually became Head Boy in 1986), followed by one term at Rondebosch Boys' High School, and then at Bishops/Diocesan College (where he was Head Boy in 1991).
Shuttleworth obtained a Bachelor of Business Science degree in Finance and Information Systems at the University of Cape Town, where he lived in Smuts Hall. As a student, he became involved in the installation of the first residential Internet connections at the university.
Shuttleworth founded Thawte in 1995, which specialised in digital certificates and Internet security and then sold it to VeriSign in December 1999, earning R 3.5 billion (about US$ 575 million at the time).
In September 2000, Shuttleworth formed HBD Venture Capital (Here be Dragons), a business incubator and venture capital provider. In March 2004 he formed Canonical Ltd., for the promotion and commercial support of free software projects, especially the Ubuntu operating system. In December 2009, Shuttleworth stepped down as the CEO of Canonical, Ltd.
In the 1990s, Shuttleworth participated as one of the developers of the Debian operating system.
In 2001 he formed the Shuttleworth Foundation, a nonprofit organisation dedicated to social innovation which also funds educational, free, and open source software projects in South Africa, such as the Freedom Toaster.
In 2004 he returned to the free software world by funding the development of Ubunt

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Mark Shuttleworth Latest News

Ubuntu 16.04 LTS Will Soon Get an Important Unity Stack Update with 27 Bug Fixes

When Mark Shuttleworth said Canonical wouldn't develop Unity anymore, there were rumors that Unity 7 will also no longer receive any maintenance work. But Canonical shattered those rumors and said it would continue to patch things in the Unity Stack for ...
Posted: November 30, 2017, 5:20 pm

Microsoft: No, we don't hate open-source software, and we can prove it

SEE: How Mark Shuttleworth became the first African in space and launched a software revolution (TechRepublic) He went on to list how Microsoft had either open-sourced core Microsoft technologies or today makes significant contributions to other open ...
Posted: November 15, 2017, 8:51 am

Ubuntu Will Add Torrent Search to Embed Free Culture Into User Experience

The tool's creator informs TorrentFreak that while there is still work to be done, the aim of the scope - which is endorsed by Canonical founder Mark Shuttleworth - is to embed Free Culture directly into the Ubuntu user experience. In early December 2013 ...
Posted: December 10, 2017, 1:14 pm
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