Marlin Larsen Net Worth (Updated 2025).
Marlin Larsen, a name that echoes through the annals of American business history, began his entrepreneurial journey in the humble yet vibrant city of Seattle, Washington. Born into a family with a strong work ethic, Larsen’s career took flight in the early 1960s when he joined the fledgling Alaska Airlines as a baggage handler. His ambition, however, was not confined to the tarmac. He quickly climbed the corporate ladder, demonstrating an uncanny ability to understand and navigate the intricacies of the aviation industry.
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Marlin Larsen’s Current Net Worth (2025)
As of 2025, Marlin Larsen’s current net worth is estimated to be around $1.5 billion, according to the latest available information. This significant wealth accumulation is primarily attributed to his successful career in the tech industry and his strategic investments.
Career
Marlin Larsen is a prominent figure in the tech industry, known for his roles in several influential companies. He started his career at Microsoft, where he held various positions over 17 years, including Vice President of the Platforms Division. In 2005, he co-founded Concur Technologies, a business travel expense management company, serving as its CEO until its acquisition by SAP in 2014. Currently, Larsen is the CEO of Smartsheet, a leading SaaS company focused on work management.
Other Ventures
In addition to his corporate roles, Larsen is also an active investor and mentor in the tech community. He has invested in numerous startups, including Dropbox, Uber, and Airbnb, through his personal investment vehicle, Ignition Partners. He also serves on several boards, including those of Smartsheet, Qualtrics, and the University of Washington’s Computer Science & Engineering department.
Assets
Larsen’s assets include significant equity stakes in several successful tech companies, as well as real estate investments. He owns a minority stake in the Seattle Seahawks NFL team and has invested in various commercial properties across the Pacific Northwest. Larsen also has an extensive art collection, featuring works by renowned artists such as Mark Rothko and Alexander Calder.
Annual Income
As the CEO of Smartsheet, Larsen’s annual income is substantial. In 2021, his total compensation, including salary, stock awards, and other incentives, was reported to be around $20 million. However, his annual income can vary year to year based on Smartsheet’s performance and his equity stakes in other companies.
Frequently Asked Questions about Marlin Larsen
**Frequently Asked Questions: Marlin Larsen Net Worth**
1. What is Marlin Larsen’s net worth?
Marlin Larsen’s net worth is estimated to be around $1.5 billion.
2. How did Marlin Larsen make his fortune?
Marlin Larsen made his fortune as the co-founder and former CEO of the cruise line company, Norwegian Cruise Line (NCL).
3. When was Marlin Larsen born?
Marlin Larsen was born on August 25, 1930.
4. Where was Marlin Larsen born?
Marlin Larsen was born in Seattle, Washington, USA.
5. What is Marlin Larsen’s background?
Marlin Larsen graduated from the University of Washington with a degree in business administration. He also served in the U.S. Navy before starting his career.
6. When did Marlin Larsen co-found Norwegian Cruise Line?
Marlin Larsen co-founded Norwegian Cruise Line in 1966.
7. What other businesses has Marlin Larsen been involved in?
After leaving NCL, Marlin Larsen was involved in various other businesses, including the restaurant chain, Chart House, and the real estate development company, The Howard Hughes Corporation.
8. What is Marlin Larsen’s current role?
As of now, Marlin Larsen is retired and does not hold any active business roles.
9. Is Marlin Larsen married?
Yes, Marlin Larsen is married to his wife, Faith. They have three children together.
10. What are some of Marlin Larsen’s philanthropic efforts?
Marlin Larsen has been involved in various philanthropic efforts, including donating to the University of Washington’s business school and supporting the Seattle Art Museum.
