Nicholas Woodman Net Worth is$1.3 Billion
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Nicholas Woodman net worth: Nicholas Woodman is an American entrepreneur who has a net worth of $1.3 billion dollars. Nicholas Woodman is based in Woodside, California, and graduated from the University of California - San Diego with a degree in Visual Arts. He started his own company after graduation, but it subsequently folded. In 2002, he set off around the world, surfing. While attempting to photograph his surfing experiences, he came up with the idea for an affordable camera that could capture quality close-up footage, while being attached to the photographer's body. This led to the founding of GoPro, and the GoPro camera. The first version of the camera was waterproof, had WiFi, could be remote controlled, and had 64 GB of memory. It also cost less than $300. He knew he was on to something when a Japanese company ordered 100 of them. Since then, his sales have grown astronomically. The company sold 2.3 million cameras in 2012.
Nicholas "Nick" Woodman is the founder and CEO of GoPro.
Born to a Jewish family, he earned a degree in Visual Arts from the University of California, San Diego. After school he founded a marketing company called funBag but after it did not succeed, in 2002 at the age of 26, he decided to travel around the world surfing.
While on hiatus and trying to capture his surfing activities in Australia and Indonesia on film, he used a 35mm camera attached to the palm of his hand by a rubber band. Seeing that amateur photographers who wanted to capture quality action photos of their activities had difficulties because they either could not get close enough to the action, or obtain quality equipment at accessible prices, his trip became his inspiration to found GoPro. His solution was to develop a belt that would attach the camera to the body. Woodman and his future wife Jill financed the business by selling shell necklaces they bought in Bali (for $1.90) from their car along the California coast (for $60) combined with $35,000 borrowed from his mother. His desire for a camera system that could capture close up footage inspired the 'GoPro' name. The prototype cameras he developed supported WiFi, were remotely controlled, waterproof, carried 64GB of memory, and were affordable to the average sportsman (~$300). In 2004, he made his first big sale when a Japanese company ordered 100 cameras at a sports show. Thereafter, sales doubled every year and in 2012, GoPro sold 2.3 million cameras. In December 2012, the Taiwanese contract manufacturer Foxconn purchased 8.88% of the company for 200 million dollars which set the market value of the company at 2.25 billion dollars making Woodman, who owned the majority of the stock, a billionaire.
Woodman is married to Jill R. Scully and they have two children. They live in Woodside, California. Woodman is known as the ???mad billionaire??? due to his unconventional behavior and eccentricities.
As of 2013, he is worth an estimate

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Nicholas Woodman Latest News

Meet the 36-year-old 'surfer dude' who is the world's newest billionaire after selling percentage of his action sports camera business

He may be a Californian surfer who throws around the word 'dude' and goes to work in a t-shirt - but Nicholas Woodman has not been taking it easy. The 36-year-old is the mastermind behind GoPro - a wearable camera used by athletes to capture ski slopes or ...
Posted: December 24, 2012, 2:19 am

How GoPro cameras have made nothing unfilmable, by the man who invented them

Nick Woodman is radiating pride. ‘I wore a GoPro camera on my head for all three of my boys’ births, he says, smiling as only a sunny Californian recollecting the business-end of crowning in the champagne bar of London’s Mandarin Oriental hotel can.
Posted: February 28, 2015, 5:09 am

GoPro Fusion

GoPro has high hopes for its first 360-degree camera, the Fusion ($699.99). CEO Nick Woodman describes it as the most versatile creative tool ever created. We're not going to go that far, and you have to remember that Woodman is enthusiastic about ...
Posted: December 11, 2017, 8:52 am
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