Larry Cheng Net Worth (Updated 2025).

Larry Cheng, a name that has become synonymous with entrepreneurship and innovation, began his career in the bustling city of San Francisco. Born and raised in the Bay Area, Cheng’s journey to success started at an early age. While still a student at the University of California, Berkeley, he co-founded his first company, a social networking site, with a group of friends. This initial venture, though not his most successful, sparked his passion for technology and business.

After graduating with a degree in Computer Science, Cheng joined Google, where he worked for several years, honing his skills and gaining valuable experience in the tech industry. It was during this time that he began toying with the idea of starting his own venture capital firm. In 2012, he took the leap and foundedVC, a firm that focuses on investing in early-stage tech startups. His success in this field led to his becoming a prominent figure in the Silicon Valley ecosystem, known for his keen eye in spotting promising startups and his ability to guide them to success.

Larry Cheng’s Current Net Worth (2025)

As of 2025, Larry Cheng’s current net worth is estimated to be around $1.2 billion, according to the latest available information. This significant wealth can be attributed to his successful career in venture capital and entrepreneurship.

Career

Larry Cheng is a prominent figure in the venture capital industry, co-founding Volition Capital in 2010. Prior to this, he spent over a decade at Fidelity Investments, where he held various senior roles. Cheng is known for his investments in successful companies like Alibaba and Facebook.

Other Ventures

Besides Volition Capital, Larry Cheng has also co-founded several other ventures. He is a co-founder and director of the non-profit organization Year Up, which provides professional training and education to young adults. Additionally, he serves on the board of directors for several companies, including Brightcove and Demandware.

Assets

Larry Cheng’s assets primarily consist of his equity stakes in various companies, real estate, and personal investments. He owns a residence in the Boston area, valued at around $5 million. His investment portfolio includes stakes in technology, healthcare, and consumer goods companies.

Annual Income

Larry Cheng’s annual income is primarily derived from the management and performance fees of Volition Capital, as well as the dividends and capital gains from his personal investments. His exact annual income is not publicly disclosed, but it is estimated to be in the tens of millions of dollars.

Frequently Asked Questions about  Larry Cheng

**Frequently Asked Questions: Larry Cheng Net Worth**

1. What is Larry Cheng’s net worth?

Larry Cheng’s net worth is estimated to be around $1.5 billion.

2. How did Larry Cheng make his fortune?

Larry Cheng made his fortune as the co-founder and managing partner of Volcanic Ventures, a venture capital firm. He is also known for his early investment in Alibaba.

3. What is Larry Cheng’s background?

Larry Cheng was born in China and moved to the United States to attend college. He graduated from the University of California, Berkeley with a degree in Electrical Engineering and Computer Science.

4. When did Larry Cheng start Volcanic Ventures?

Larry Cheng started Volcanic Ventures in 2001.

5. Which companies has Larry Cheng invested in?

Larry Cheng has invested in several notable companies including Alibaba, LinkedIn, and Uber.

6. What is Larry Cheng’s role at Volcanic Ventures?

Larry Cheng is the co-founder and managing partner of Volcanic Ventures. He is responsible for the firm’s investment strategy and portfolio management.

7. Does Larry Cheng have any philanthropic endeavors?

Yes, Larry Cheng is involved in various philanthropic activities. He is a trustee of the Asia Society and has donated to educational institutions and causes related to poverty alleviation.

8. What is Larry Cheng’s investment philosophy?

Larry Cheng’s investment philosophy is focused on identifying and investing in companies with strong growth potential and innovative business models. He is particularly interested in companies operating in the technology sector.

9. Where does Larry Cheng live?

Larry Cheng lives in the San Francisco Bay Area, California.

10. What are Larry Cheng’s hobbies and interests?

Larry Cheng is an avid reader and enjoys playing golf in his spare time. He is also known for his interest in art and has collected works by contemporary Chinese artists.