Want to know what is Drew Houston’s net worth? American Internet entrepreneur Drew Houston made a name for himself in the tech industry after co-founding the online backup and storage service Dropbox. As Drew Houston is the CEO of the company giant, he held 24.4 percent voting authority in Dropbox before filing for IPO back in February 2018.
When asked how he got the idea of Dropbox, Houston revealed how he was sick of carrying a thumb drive around and wanted to be able to access his files from anywhere. The co-founder and CEO of the cloud storage and collaboration software company further revealed how one fine day, he started writing code to solve this problem for himself, and it was quickly clear that lots of people had similar issues and could benefit.
Drew Houston and Arash Ferdowsi co-founded Dropbox in 2007. Houston is reportedly the CEO and 25% owner of Dropbox. Dropbox has been hailed as one of the 20 best startups in Silicon Valley. Not only that, but Drew Houston was invited to MIT back in 2013 as a speaker at its annual commencement ceremonies.
When asked what inspires him, Drew Houston explained how he is personally obsessed with solving the problem in front of him, and now it is hard to maintain his motivation. However, Houston believes that the most successful people and successful entrepreneurs he knows are all obsessed with solving a problem that matters to them. Let us take a look at all the details and lesser-known facts to know what is Drew Houston’s net worth.
What is Drew Houston’s net worth?
Drew Houston’s net worth is estimated to be something around $2-$3 billion. As Dropbox was founded in the year, 2007, the company continued to grow up in the shadow of the 2008 financial crash. Drew Houston has been leading the company as CEO since he started it with Arash Ferdowsi.
He is well aware of what it’s like to bring a business through tough economic circumstances. Houston explained how they have some institutional memory of things being difficult but also believe that they operate a lot better in that kind of environment.
Houston also revealed that Dropbox is now hiring again and is focusing on the fundamentals”, of sustainability and balancing growth and profitability. Houston earlier shared some of the top lessons his technology company learned in the process of its move to virtual-first work early in the pandemic. The company CEO further talked about what keeps him motivated, plans for the company, and more about the hiring process.
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Is Drew Houston married?
The tech genius is happily married to, long-time girlfriend, CeCe Cheng. While Houston is notoriously private about his personal life, his space media followers have got a sneak peek into his adorable relationship with CeCe. The Dropbox CEO took to social media to upload a picture from his wedding day as he rejoiced in marrying the love of his life. There are other adorable snaps from their romantic gateway as well.
What a day — thanks @michelleobama for an incredible conversation and everyone who joined us at our first Work in Progress conference! #DropboxWIP #Becoming pic.twitter.com/3Ck3WHDRXO
— Drew Houston (@drewhouston) September 27, 2019
While not much is known about CeCe Cheng, tabloids have done a bit of digging, and it turned out that CeCe Cheng is a graduate of Princeton University and is reportedly working for Qwiki. She is not that active on social media and seems like enjoys her life away from the media limelight.
Drew Houston Makes Major Revelation!
While talking about the tech sector and what’s in store in the near future, Dropbox CEO Drew Houston explained that while business is currently stable and resilient, but also pointed out that they are not immune to the macro environment.
Houston stated that anything bad for their customers is bad for them and further added that they are monitoring things closely. When asked about Dropbox, the CEO admitted that they are fortunate in that their business has been pretty stable and resilient, as it did not run up during Covid and it did not run down.
