Steve Westly Net Worth (Updated 2025).

Steve Westly, a name synonymous with innovation and success in the tech industry, began his career in an unassuming yet significant role. In the early 1980s, he started as a salesman for a small tech company, a position that would serve as the catalyst for his future achievements. His charisma, coupled with his ability to understand and explain complex technologies, quickly propelled him up the corporate ladder.

Westly’s big break came in 1992 when he joined the then-struggling eBay as its first full-time employee. He was hired as the company’s Vice President of Sales, a role he embraced with fervor. Under his leadership, eBay’s revenue grew exponentially, transforming it from a small startup into a global e-commerce giant. His strategic vision and relentless work ethic contributed significantly to eBay’s success, earning him widespread recognition and fame in the tech industry.

**Steve Westly’s Current Net Worth (as of 2025)**

As of 2025, Steve Westly’s current net worth is estimated to be around $500 million. This significant figure reflects his successful career in venture capital and his strategic investments in various tech companies.

**Steve Westly’s Career**

Steve Westly is a prominent figure in the venture capital industry, with a career spanning over three decades. He co-founded The Westly Group, a venture capital firm focused on clean technology and sustainable investments. Prior to this, he served as the Controller and Chief Financial Officer of the State of California, demonstrating his strong financial acumen.

**Other Ventures**

Beyond his work in venture capital, Westly has also made a mark in politics. He ran for Lieutenant Governor of California in 2006, showcasing his commitment to public service. Additionally, he is an active philanthropist, supporting various environmental and social causes through his foundation.

**Assets**

Westly’s assets include a diverse portfolio of investments in tech companies such as Tesla, SolarCity, and Google. He also owns a significant stake in The Westly Group, reflecting his long-term commitment to the firm. His real estate holdings include a sprawling estate in Atherton, California, valued at over $20 million.

**Annual Income**

Westly’s annual income is primarily derived from his role as a managing partner at The Westly Group. His exact salary is not publicly disclosed, but venture capitalists at his level typically earn in the range of $500,000 to $2 million per year, plus a share of the profits from the fund’s investments.

Frequently Asked Questions about  Steve Westly

Frequently Asked Questions: Steve Westly Net Worth

1. What is Steve Westly’s net worth?

Steve Westly’s net worth is estimated to be around $1 billion.

2. How did Steve Westly make his money?

Steve Westly made his fortune primarily through his investments in clean energy and technology. He co-founded the venture capital firm The Westly Group and was an early investor in companies like Tesla and SolarCity.

3. What is Steve Westly’s background?

Steve Westly graduated from the University of California, Berkeley with a degree in economics. He then worked as a political consultant and later became the Controller of California from 2003 to 2007.

4. What is The Westly Group?

The Westly Group is a venture capital firm founded by Steve Westly in 2001. The firm focuses on investments in clean energy, technology, and sustainable industries.

5. What are some of Steve Westly’s notable investments?

Some of Steve Westly’s most notable investments include Tesla, SolarCity, and Bloom Energy. He was also an early investor in Google and Apple.

6. What is Steve Westly’s political affiliation?

Steve Westly is a member of the Democratic Party. He served as the Controller of California under Democratic Governor Gray Davis.

7. What is Steve Westly’s role in the clean energy sector?

Steve Westly is a prominent figure in the clean energy sector. He has invested in and advocated for clean energy technologies, and he has been a vocal supporter of policies that promote sustainability and clean energy.

8. Has Steve Westly run for political office?

Yes, Steve Westly ran for Governor of California in 2006 but lost the Democratic primary to Phil Angelides.

9. What is Steve Westly’s philanthropic work like?

Steve Westly is involved in various philanthropic activities. He has donated to causes related to education, health, and the environment. He is also a board member of several non-profit organizations.

10. Where does Steve Westly live?

Steve Westly lives in Atherton, California with his wife and two children.