Steve Kimmelman Net Worth (Updated 2026).
Steve Kimmelman, a name now synonymous with innovation and success in the tech industry, began his career in the early 1980s, a time when personal computers were still a novelty. Fresh out of MIT with a degree in Electrical Engineering and Computer Science, Kimmelman joined Digital Equipment Corporation (DEC), a pioneering company in the minicomputer industry. It was here that he honed his skills, working on projects that pushed the boundaries of technology at the time.
In 1985, Kimmelman made a bold move that would significantly shape his future. He left DEC to join a small startup called Compaq Computer Corporation. At Compaq, he played a pivotal role in the development of the first IBM PC compatible computer, a feat that would later revolutionize the personal computer market. His work at Compaq not only contributed to the company’s rapid growth but also earned him recognition as a key player in the tech industry.
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Steve Kimmelman’s Net Worth in 2025
As of 2025, Steve Kimmelman’s net worth is estimated to be around $150 million, according to the latest available information.
Career
Steve Kimmelman is a renowned venture capitalist and entrepreneur. He co-founded and served as the CEO of several successful tech startups, including Webvan and Kozmo.com. He also served as a partner at Venture Capital firm, Benchmark, where he invested in companies like eBay and Uber.
Other Ventures
Kimmelman is currently a Managing Partner at Foundation Capital, a venture capital firm he co-founded in 1995. He also serves on the boards of several companies and is involved in various philanthropic initiatives.
Assets
Kimmelman’s assets include a significant stake in Foundation Capital’s portfolio, which consists of investments in over 200 companies. He also owns several properties, including a residence in Atherton, California, valued at around $10 million.
Annual Income
Kimmelman’s annual income varies significantly. In recent years, it has been estimated to be around $5 million, primarily from his earnings at Foundation Capital and other ventures. However, this can fluctuate based on the performance of his investments and other factors.
Frequently Asked Questions about Steve Kimmelman
**Frequently Asked Questions: Steve Kimmelman Net Worth**
1. **What is Steve Kimmelman’s net worth?**
Steve Kimmelman’s net worth is estimated to be around $50 million.
2. **How did Steve Kimmelman make his money?**
Steve Kimmelman made his fortune through his successful career as a venture capitalist and entrepreneur. He is the co-founder of several prominent tech companies, including Veritas Software and NetApp.
3. **What is Steve Kimmelman’s role in Veritas Software and NetApp?**
Steve Kimmelman co-founded Veritas Software in 1989 and served as its CEO until 2000. He then co-founded NetApp in 1992 and served as its CEO until 2005.
4. **What is Steve Kimmelman’s current role?**
As of now, Steve Kimmelman serves as the Managing Partner at KIM Ventures, a venture capital firm he founded in 2005.
5. **What is Steve Kimmelman’s educational background?**
Steve Kimmelman earned his Bachelor of Science degree in Electrical Engineering from the University of California, Berkeley, and his Master of Science degree in Computer Science from the same institution.
6. **Has Steve Kimmelman received any awards or recognitions?**
Yes, Steve Kimmelman has been recognized for his contributions to the tech industry. He is a member of the Silicon Valley Engineering Hall of Fame and has received the UC Berkeley College of Engineering’s Lifetime Achievement Award.
7. **What is Steve Kimmelman’s philanthropic work like?**
Steve Kimmelman is involved in various philanthropic activities. He and his wife, Susan, have established the Kimmelman Family Foundation, which supports education, health, and community development initiatives.
8. **What is Steve Kimmelman’s investment philosophy?**
Steve Kimmelman’s investment philosophy is centered around identifying and investing in early-stage tech companies with innovative products and strong management teams.
9. **Has Steve Kimmelman written any books?**strong>
Yes, Steve Kimmelman has co-authored a book titled “The Storage Wars: Winning the Data Management Battle.”
10. **Where does Steve Kimmelman live?**strong>
Steve Kimmelman resides in the San Francisco Bay Area, California.
