Alan Patricof is a name that stands tall in the world of venture capital and private equity. With a career spanning over five decades, Patricof has not only shaped the venture capital industry but also amassed a significant fortune. As of 2024, his net worth is estimated to be $150 million, a testament to his groundbreaking work and visionary investments.
In this article, we’ll explore Alan Patricof net worth, his career milestones, personal life, and the legacy he continues to build. From founding Apax Partners and Greycroft to his philanthropic efforts and political influence, Patricof’s story is one of innovation, perseverance, and success.
Alan Patricof Bio / Wiki
Category | Details |
---|---|
Full Name | Alan Patricof |
Profession | Venture Capitalist, Entrepreneur |
Net Worth | $150 million |
Born | 1934 (New York, New York) |
Age (2024) | 90 years old |
Education | Ohio State University (B.S.), Columbia University (MBA) |
Spouse | Susan Patricof |
Notable Firms | Apax Partners, Greycroft, Primetime Partners |
Key Investments | Apple, AOL, Office Depot, Audible |
Philanthropy | Clinton Foundation, Council on Foreign Relations |
Alan Patricof’s Net Worth
As of 2024, Alan Patricof’s net worth is estimated to be $150 million. This impressive fortune is the result of his pioneering work in venture capital and private equity, as well as his strategic investments in some of the world’s most successful companies.
Key Income Sources
- Venture Capital: Patricof founded Apax Partners and Greycroft, two of the most influential venture capital firms in the world.
- Investments: He has been instrumental in funding major companies like Apple, AOL, and Office Depot.
- Philanthropy and Advocacy: Patricof’s involvement in political fundraising and philanthropic efforts has also contributed to his wealth and influence.
Career Highlights
Founding Apax Partners
In 1969, Alan Patricof founded Patricof & Co. Ventures Inc., which later evolved into Apax Partners. Today, Apax is one of the world’s leading private equity firms, managing over $41 billion in assets. The firm has invested in groundbreaking companies like Apple, AOL, and Audible, cementing Patricof’s reputation as a venture capital pioneer.
Launching Greycroft
In 2006, Patricof founded Greycroft, a venture capital firm focused on early-stage investments in digital media. With offices in New York and Los Angeles, Greycroft has over $1 billion under management and continues to be a major player in the tech investment space.
Primetime Partners
Patricof’s most recent venture, Primetime Partners, focuses on investing in technology designed for older adults. This innovative approach reflects his ability to identify emerging trends and adapt to changing markets.
Personal Life
Family and Relationships
Alan Patricof is married to Susan Patricof, and the couple has been actively involved in philanthropy and political fundraising. They have supported various Democratic candidates and causes, including the Clinton Foundation.
Political Influence
Patricof has been a longtime supporter of the Democratic Party. He served as the finance chair for Hillary Clinton’s 2000 Senate campaign and has hosted numerous fundraisers for Democratic candidates. His political connections have further solidified his influence in both business and politics.
Alan Patricof’s Age and Legacy
Born in 1934, Alan Patricof is 90 years old as of 2024. Despite his age, he remains active in the venture capital industry, continuing to mentor young entrepreneurs and invest in innovative startups.
Philanthropy and Advocacy
Patricof serves on the boards of several organizations, including the Columbia Graduate School of Business and the Northside Center for Child Development. He is also a member of the Council on Foreign Relations and has been involved in global development initiatives.
FAQs about Alan Patricof net worth
1. What is Alan Patricof net worth?
Alan Patricof net worth is estimated to be $150 million as of 2024.
2. Who is Alan Patricof’s wife?
Alan is married to Susan Patricof, and the couple has been actively involved in philanthropy and political fundraising.
3. What companies has Alan Patricof invested in?
Patricof has invested in major companies like Apple, AOL, Office Depot, and Audible.
4. What is Primetime Partners?
Primetime Partners is Patricof’s latest venture, focusing on technology for older adults.
5. How old is Alan Patricof?
As of 2024, Alan Patricof is 90 years old.
Conclusion about Alan Patricof net worth
Alan Patricof is a true pioneer in the world of venture capital and private equity. With a net worth of $150 million, he has not only built a successful career but also left an indelible mark on the industry. From founding Apax Partners and Greycroft to his philanthropic efforts and political influence, Patricof’s legacy is one of innovation, leadership, and impact.
As he continues to mentor the next generation of entrepreneurs and invest in groundbreaking technologies, Alan Patricof’s story serves as an inspiration to aspiring business leaders worldwide
About Luna Fame
Kemi Jorq is a content writer at Luna Fame, delivering the latest celebrity news, gossip, and highlights. With a passion for entertainment, he keeps readers up to date with fresh, engaging stories from the world of fame.