Ceo Of Verizon Net Worth (Updated 2025).
Hans Vestberg, the current CEO of Verizon, began his career in the telecommunications industry in 1991, joining Ericsson as a management trainee. Born in Sweden, Vestberg started his professional journey in his home country before eventually rising to prominence in the global tech scene.
Vestberg’s ascent through the ranks of Ericsson was marked by a series of strategic roles. He served as the head of various divisions, including Networks, Business Unit Global Accounts, and Business Unit Northern Europe. In 2010, he was appointed as the President and CEO of Ericsson, a position he held until 2016. His tenure at Ericsson was characterized by significant growth and innovation, making him a recognized figure in the industry.
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Hans Vestberg’s Net Worth in 2025
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As of 2025, Hans Vestberg, the CEO of Verizon, has an estimated net worth of $50 million, according to Forbes. This figure is subject to change based on Verizon’s stock performance and Vestberg’s compensation packages.
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Hans Vestberg’s Career
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Hans Vestberg began his career at Ericsson in 1991, rising through the ranks to become CEO in 2010. In 2016, he joined Verizon as its Chief Technology Officer, and in 2018, he was appointed as the company’s CEO. Under his leadership, Verizon has expanded its 5G network and explored new technologies like edge computing.
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Other Ventures
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Besides his role at Verizon, Vestberg serves on the board of the World Economic Forum’s Platform for Shaping the Future of Technology Governance: AI and Machine Learning. He is also a member of the Business Roundtable, a group of CEOs from leading U.S. companies.
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Assets
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Vestberg’s assets include Verizon stocks, which make up a significant portion of his wealth. He also owns real estate in Sweden and the United States. His compensation package typically includes a base salary, annual bonus, and stock awards, with additional perks such as security and travel expenses.
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Annual Income
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In 2020, Hans Vestberg’s total compensation from Verizon was $23.9 million, according to the company’s proxy statement. This figure is subject to change and may vary from year to year based on Verizon’s performance and Vestberg’s compensation package.
Frequently Asked Questions about Ceo Of Verizon
**Frequently Asked Questions: CEO of Verizon Net Worth**
1. **Who is the current CEO of Verizon?**
Hans Vestberg is the current CEO of Verizon Communications Inc. He succeeded Lowell McAdam in August 2018.
2. **How old is Hans Vestberg?**
Hans Vestberg was born on October 19, 1965, making him 57 years old (as of 2023).
3. **Where was Hans Vestberg born?**
Hans Vestberg was born in Hudiksvall, Sweden.
4. **What was Hans Vestberg’s previous role before becoming Verizon’s CEO?**
Before joining Verizon, Hans Vestberg served as the President and CEO of Ericsson, a Swedish multinational networking and telecommunications company.
5. **How much is Hans Vestberg’s net worth?**
As of the latest estimates, Hans Vestberg’s net worth is approximately $50 million.
6. **What is Hans Vestberg’s salary as Verizon’s CEO?**
In 2021, Hans Vestberg’s total compensation as Verizon’s CEO was $26.5 million, including salary, stock awards, non-equity incentive plan compensation, and other compensation.
7. **How many employees does Verizon have?**
As of 2021, Verizon has approximately 139,000 employees worldwide.
8. **What is Verizon’s revenue?**
Verizon’s total revenue for 2021 was $133.6 billion.
9. **When was Verizon founded?**
Verizon was founded on June 30, 2000, following the merger of Bell Atlantic and GTE.
10. **Where is Verizon’s headquarters located?**
Verizon’s headquarters is located in New York, New York, USA.
