Some business persons have become a topic of discussion nowadays, due to their hard work, compassion as well as for their linkups. One such business tycoon is being discussed here. Her name is Ann Winblad. Well, if you know her that’s great, and if you don’t, you still have the chance to explore who is Ann Winblad, and why is she famous. Ann is an American businesswoman and the founding partner of Hummer Winblad Venture Partners. It is a company based on software and focuses on the web. It is also called a venture capital firm based in California.
Ann is the founding partner alongside a famous basketball player John Hummer. Apart from being a famous businesswoman, Ann is best known for her relationship with the tech-giant Bill Gates in the early 1980s. The couple dated from 1984 till 1987. They both remained a topic to discuss on for a very long time. Even now, both spend some time of the year together, vacationing on the Outer Banks of North Carolina.
This article will focus on Ann Winblad’s net worth and will also look on to some aspects of her career as well as her personal life.
Ann Winblad Net Worth
She is one of the highly reputed females of Silicon Valley. Ann has a great share of contribution towards the development and growth of the Valley to make what it is today. Her company, Hummer Winblad Venture Partners, had launched around 16 start-ups in its profit years. The company has given Ann a lot of respect and a lifestyle enough to make anyone envious.
Ann’s current net worth is around $15 million. She is an entrepreneur and a venture capitalist, which has made her earn international recognition. Winblad won a place in the Hall of Fame for Fortune Small Business in 2000. She founded the current company by selling her first company named Open Systems, which was a pioneering accounting software manufacturer. It gave her around $15 million to start another company in collaboration with John Hummer.
Ann has made many companies grow, and her story is a sort of inspiration for all those who are walking on the same path as hers. Winblad has been covered by dozens of tabloids and magazines for her success and for being the co-founder of the first company of Silicon Valley to be solely based on tech. Ann Winblad was one of the early investors of Microsoft.
More about Winblad
Ann Winblad was born in Red Wing, Minnesota, U.S., on November 1, 1950. She was a student valedictorian and a cheerleader in her school days. She is a well qualified lady with a degree of Bachelors in Arts with mathematics and in Business Administration from St. Catherine University. Likewise, she did her masters in Education from the University of St. Thomas. Ann is the recipient of the John F. Cade Award for outstanding entrepreneurship,1997.
Initially, Ann was an employee at the Federal Reserve for almost 13 months. After working for a little over a year, Ann left the Federal Reserve with three others to open a company of her own. This company was named Open Systems Inc. After six years, the company was sold for about $15 million. This made her a tech consultant in IBM and Microsoft. Also, she became the early investor in Bill Gates’ Microsoft. Since their first meet at a conference in 1984, Bill and Ann have been in a constant friendship, despite of breaking up with each other after 3 years of relationship.
After some time, in 1989, Winblad was all set to launch her new company with John Hummer, and IBM and St. Paul Companies were the few investors. Till now, Winblad has been awarded with two prestigious awards, one being the ‘SVForum Visionary Award’, and the other is ‘2017 Award for Exemplary Women honoree’. She is said to be the woman who formed Silicon Valley. Ann has maintained her relationship with Bill Gates, and the duo spends the spring season together, hang-gliding, walking on the beach, and sharing their thoughts about the world and themselves. This was approved by Gates’ wife, Melinda. The vacation is a sort of tradition that has been going on for decades.