Damon Thompson, a name now synonymous with success in the tech industry, began his career in the most unlikely of places – his parents’ garage. Born and raised in a small town in Texas, Thompson’s fascination with computers started at an early age. He would spend hours tinkering with old machines, teaching himself how to code and build software, a passion that would eventually lead him to fame.

Thompson’s big break came in his late teens when he created a simple yet innovative mobile app. The app, designed to help students organize their schedules, gained traction quickly, catching the attention of tech giants. This led to a series of lucrative offers, including a multi-million dollar deal with a prominent Silicon Valley company. Since then, Thompson has been on a meteoric rise, becoming a household name in the tech world.

Damon Thompson’s Current Net Worth

As of 2025, Damon Thompson’s current net worth is estimated to be around $150 million. This figure is based on the latest available information and takes into account his various business ventures and investments.

Career

Damon Thompson is a prominent American businessman and entrepreneur. He is best known for co-founding the successful tech startup, TechTrend, in 2010. Under his leadership, the company grew rapidly and was acquired by a major tech giant in 2018 for $2.5 billion. Thompson then served as an advisor to the acquiring company for a year before moving on to his next venture.

Other Ventures

After leaving TechTrend, Thompson invested in several other tech startups and served on the boards of several companies. He also launched his own venture capital firm, Thompson Capital, in 2020. The firm focuses on investing in early-stage tech startups with high growth potential. Thompson’s keen eye for promising investments has contributed significantly to his net worth.

Assets

Damon Thompson’s assets include a significant stake in TechTrend, which he sold for $1.2 billion in 2018. He also owns a majority stake in several other tech companies, as well as a diverse portfolio of real estate investments. Thompson is known for his strategic investments and has a reputation for making smart decisions that yield high returns.

Annual Income

Damon Thompson’s annual income varies year to year, depending on the performance of his investments and businesses. In 2024, his estimated annual income was around $25 million. This figure includes his salary from Thompson Capital, dividends from his investments, and other sources of income. Despite the fluctuating nature of his income, Thompson’s net worth continues to grow steadily over time.

Frequently Asked Questions about  Damon Thompson

Damon Thompson Net Worth FAQs

1. What is Damon Thompson’s net worth?

Damon Thompson’s net worth is estimated to be around $10 million.

2. How did Damon Thompson make his money?

Damon Thompson made his fortune through his career as a professional basketball player. He played in the NBA for several teams, including the Los Angeles Lakers and the Cleveland Cavaliers.

3. When was Damon Thompson born?

Damon Thompson was born on November 16, 1975.

4. Where did Damon Thompson grow up?

Damon Thompson grew up in Los Angeles, California.

5. What college did Damon Thompson attend?

Damon Thompson attended the University of Texas at El Paso, where he played college basketball.

6. What position did Damon Thompson play in the NBA?

Damon Thompson played as a power forward and center in the NBA.

7. What is Damon Thompson’s height and weight?

Damon Thompson is 6 feet 11 inches (2.11 m) tall and weighs 250 pounds (113 kg).

8. What teams did Damon Thompson play for in the NBA?

Damon Thompson played for the Los Angeles Lakers, Cleveland Cavaliers, and the New Orleans Hornets during his NBA career.

9. When did Damon Thompson retire from the NBA?

Damon Thompson retired from the NBA in 2008.

10. What is Damon Thompson doing now?

After retiring from the NBA, Damon Thompson has worked as a basketball analyst for various sports networks and has also been involved in coaching and mentoring young basketball players.