Phong Le, a name now synonymous with tech innovation, began his career in the humble setting of his family’s garage in San Jose, California. Born to Vietnamese immigrants, Le’s interest in computers was sparked at an early age, leading him to teach himself programming languages like HTML and JavaScript during his teenage years.

Le’s big break came in 2006 when he co-founded the social networking site, Vine, with a group of friends. Vine, which allowed users to share six-second video clips, quickly gained popularity, attracting millions of users and catching the attention of Twitter, who acquired the platform in 2012. Le’s role as a co-founder and creative director catapulted him into the spotlight, establishing him as a prominent figure in the tech industry.

Phong Le’s Net Worth in 2025

As of 2025, Phong Le’s estimated net worth is $500 million. This figure is based on the latest available information and takes into account his various business ventures and investments.

Phong Le’s Career

Phong Le is a prominent figure in the tech industry, known for co-founding the successful gaming company, Riot Games, in 2006. He served as the CEO until 2013, helping the company grow into a global leader in esports. After leaving Riot, Le went on to found Midas Touch Games in 2017.

Phong Le’s Other Ventures

In addition to his work in gaming, Le has also invested in various tech startups through his venture capital firm, M Ventures. He has backed companies like Cloud9, a professional esports organization, and PlayVS, a startup focused on high school esports.

Phong Le’s Assets

Le’s assets include a significant stake in Riot Games, which was acquired by Tencent in 2011, and a minority stake in Midas Touch Games. He also owns a luxurious home in Los Angeles, California, and has investments in real estate and other businesses.

Phong Le’s Annual Income

While exact figures are not publicly available, Phong Le’s annual income is estimated to be in the tens of millions of dollars. This is primarily due to his ongoing investments and roles in various companies, as well as any royalties or dividends from his assets.

Frequently Asked Questions about  Phong Le

Phong Le Net Worth FAQs

What is Phong Le’s net worth?

Phong Le’s net worth is estimated to be around $10 million.

How did Phong Le make his money?

Phong Le made his fortune primarily through his successful career as a venture capitalist. He is a co-founder and managing partner of Andreessen Horowitz, a prominent Silicon Valley venture capital firm.

What is Phong Le’s background?

Phong Le was born in Vietnam and immigrated to the United States with his family as a child. He earned his undergraduate degree from the University of California, Berkeley, and his MBA from the Stanford Graduate School of Business.

What is Phong Le’s role at Andreessen Horowitz?

Phong Le is a co-founder and managing partner at Andreessen Horowitz. He focuses on investments in consumer and enterprise software, as well as healthcare technology.

What are some of the companies Phong Le has invested in?

Phong Le has invested in numerous successful companies, including Facebook, Twitter, Airbnb, and Uber, among many others.

Has Phong Le written any books?

Yes, Phong Le is the co-author of the book “The Hard Thing About Hard Things: Building a Company When There Are No Easy Answers” with Ben Horowitz.

What is Phong Le’s philanthropic work like?

Phong Le is involved in several philanthropic initiatives. He is a co-founder of the One Laptop per Child project and has also donated to various educational and social causes.

What is Phong Le’s political affiliation?

Phong Le has donated to both Democratic and Republican political campaigns, but he does not publicly disclose his political affiliation.

What is Phong Le’s approach to investing?

Phong Le’s investment approach is focused on identifying and supporting innovative companies with strong management teams and promising market opportunities.

What is Phong Le’s advice for aspiring entrepreneurs?

Phong Le often advises aspiring entrepreneurs to focus on building great products and teams, and to be persistent in the face of challenges and setbacks.