Reed Hastings Net Worth is$280 Million
Reed Hastings Salary is$5.5 Million
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Profession: Entrepreneur, Businessperson
Date of Birth: Oct 8, 1960
Country: United States of America
Reed Hastings is a co-founder and CEO of Netflix online DVD rental service, and has a current net worth of approximately $ 280 million. He earned his net worth through his many business ventures with Netflix, Microsoft, and more. He also serves on the board of directors for Mark Zuckerberg's Facebook Social network. He has previously served on the Peace Corps and was a teacher for high school math in Swaziland, Africa for a couple years in the 1980s. He is also an educational philanthropist and has served on the California state board of education. He was born in Boston, Massachusetts.
Wilmot Reed Hastings, Jr. (born October 8, 1960) is an entrepreneur and education philanthropist. He is the CEO of Netflix, and on the boards of Microsoft, Facebook, and numerous non-profit organizations.
Hastings was born in Boston, Massachusetts. He graduated from high school in 1978 from the Buckingham Browne & Nichols School in Cambridge, Massachusetts. His father was a lawyer who once served in the Nixon administration, serving as general counsel in the United States Department of Health, Education, and Welfare. After high school, he spent a year selling Rainbow vacuum cleaners door to door.
Hastings majored in mathematics at Bowdoin College in Brunswick, Maine, and won its mathematics department's Smyth Prize in 1981, and its Hammond Prize in 1983. Hastings received his bachelor's degree from the college in 1983.
Hastings entered Marine Corps officer training through their Platoon Leader Class and spent the summer of 1981 in Officer Candidate School at Quantico, Virginia. "I found myself questioning how we packed our backpacks and how we made our beds," said Hastings. "My questioning wasn't particularly encouraged, and I realized I might be better off in the Peace Corps. I petitioned the recruiting office and left the Marines."
Hastings joined the Peace Corps after dropping out of Marine OCS "out of a combination of service and adventure" says Hastings, and went to teach high school math in Swaziland from 1983 to 1985. Hastings credits part of his entrepreneurial spirit to his time in the Peace Corps. "It was an extremely satisfying experience." "Once you have hitchhiked across Africa with ten bucks in your pocket, starting a business doesn't seem too intimidating."
After returning from the Peace Corps, Hastings went to graduate school at Stanford. "I didn't get into my first choice, which was MIT but I got accepted to Stanford," said Hastings. "I had never been to California and arrived in late summer. Driving up to the campus I saw palm trees

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Reed Hastings Latest News

‘Dark tales of Silicon Valley’ from a St. Pete entrepreneur who turned failure into success

Netflix. Initially a logistics company that mailed movies to customers, CEO Reed Hastings envisioned internet TV as the future. He moved the company forward by stressing culture and employees who fit that culture. “The same people who were the logistics ...
Posted: December 15, 2017, 1:00 am

Netflix Condemns Net Neutrality Repeal in Official Statement

Netflix US (@netflix) December 14, 2017 Netflix has always been a major player in this particular debate. Back in 2014, CEO Reed Hastings made a high-profile intervention in a company blog. He argued for strong regulations, and deliberately linked Net ...
Posted: December 16, 2017, 4:42 am

Net Neutrality Protests Move Online, Yet Big Tech Is Quiet

In recent months, the company’s chief executive, Reed Hastings, has said net neutrality is no longer the company’s “primary battle,” partly because Netflix is now large enough that it can secure the deals it needs with internet access providers to ...
Posted: December 13, 2017, 6:31 am
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