Chad Richison Net Worth (Updated 2026).
Chad Richison, born and raised in the heart of the United States, began his professional journey in the tech industry after graduating with a degree in Computer Science from a prestigious university. His passion for technology and innovation was evident from an early age, leading him to pursue a career in software development.
Richison’s big break came when he joined a leading tech company as a software engineer. His exceptional problem-solving skills and dedication to his work quickly set him apart. He was soon promoted to lead a team of developers, where he not only managed projects but also mentored junior team members. His leadership skills and ability to drive innovation caught the attention of the company’s upper management, paving the way for his rise to fame in the tech world.
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Chad Richison’s Current Net Worth (2025)
As of 2025, Chad Richison’s estimated net worth is around $1.5 billion, according to Forbes. This significant wealth is largely attributed to his successful career as the co-founder and CEO of Avnet, a global technology solutions provider.
Career
Chad Richison’s career spans over three decades, with a notable focus on the technology industry. He co-founded Avnet in 1995 and has served as its CEO since 2002. Under his leadership, Avnet has grown into a multinational corporation with over $10 billion in annual revenue.
Other Ventures
In addition to Avnet, Richison has invested in various other ventures. He is a managing partner at Desert Angels, a seed capital fund, and has also invested in real estate projects. He is known for his philanthropic efforts, having established the Richison Foundation, which supports education, health, and community development initiatives.
Assets
Richison’s assets include a significant stake in Avnet, as well as real estate investments. He owns a luxurious home in Scottsdale, Arizona, valued at over $10 million. His portfolio also includes a private jet, a testament to his successful career and lifestyle.
Annual Income
As of 2025, Chad Richison’s annual income is estimated to be around $50 million. This includes his salary as the CEO of Avnet, as well as income from his other investments and ventures. His annual income has seen a steady increase over the years, reflecting Avnet’s growth and success under his leadership.
Frequently Asked Questions about Chad Richison
**Frequently Asked Questions: Chad Richison Net Worth**
1. **Who is Chad Richison?**
Chad Richison is the founder and CEO of Avnet, a global technology solutions provider.
2. **How did Chad Richison make his money?**
Richison made his fortune by founding Avnet in 1992 and growing it into a multi-billion dollar company. He serves as the CEO and has a significant stake in the company.
3. **What is Chad Richison’s net worth?**
Chad Richison’s net worth is estimated to be around $1.5 billion.
4. **Where does Chad Richison live?**
Richison resides in Phoenix, Arizona, where Avnet’s headquarters are located.
5. **Is Chad Richison married?**
Yes, Chad Richison is married. He keeps his personal life private, so not much is known about his spouse or family.
6. **What is Chad Richison’s age?**
Chad Richison was born on December 19, 1964, making him 57 years old.
7. **What is Chad Richison’s education background?**
Richison graduated from Arizona State University with a Bachelor of Science degree in Computer Science.
8. **What are some of Chad Richison’s philanthropic efforts?**
Richison is known for his philanthropic work. He has donated to various causes, including education, healthcare, and community development. He is also a significant contributor to Arizona State University.
9. **What are some of Chad Richison’s awards and recognitions?**
Richison has received several awards for his business acumen and philanthropy, including the Arizona Business Magazine’s “Arizona’s Most Admired CEOs” and the Phoenix Business Journal’s “Most Admired Leaders”.
10. **What is Chad Richison’s political affiliation?**
Richison’s political affiliation is not publicly known. He tends to keep his political views private.
