Irving Grousbeck Net Worth (Updated 2026).

Irving Grousbeck, born in 1916, began his career in the early 1940s after graduating from the Harvard Business School. He started as a management trainee at the National Cash Register Company, where he honed his skills in sales and marketing.

Grousbeck’s big break came in 1951 when he joined the up-and-coming sports broadcasting network, CBS. He was tasked with building their sports division from the ground up, a challenge he embraced with his characteristic tenacity.

Irving Grousbeck’s Current Net Worth (2025)

As of 2025, Irving Grousbeck’s current net worth is estimated to be around $1.2 billion, according to the latest available information. This significant wealth is primarily attributed to his successful career in venture capital and private equity.

Career

Irving Grousbeck is a renowned venture capitalist and private equity investor, with a career spanning over four decades. He co-founded Sutter Hill Ventures in 1969, which became one of the first and most successful venture capital firms in Silicon Valley. Grousbeck has been instrumental in funding and mentoring numerous successful startups, including Sun Microsystems and 3Com.

Other Ventures

In addition to his venture capital activities, Grousbeck has been involved in various other entrepreneurial ventures. He co-founded the Boston Celtics basketball team in 2002 and served as its governor until 2013. He also co-founded the venture capital firm, Canaan Partners, in 1987, and served as its general partner until 2006.

Assets

Grousbeck’s assets include significant stakes in several successful technology companies, real estate properties, and a minority ownership in the Boston Celtics. His investment portfolio is diversified across various sectors, reflecting his long-term investment strategy and risk management approach.

Annual Income

While Irving Grousbeck’s exact annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This income is primarily generated from the returns on his investment portfolio, management fees from his venture capital firms, and other business ventures.

Frequently Asked Questions about  Irving Grousbeck

Frequently Asked Questions: Irving Grousbeck Net Worth

1. What is Irving Grousbeck’s net worth?

Irving Grousbeck’s net worth is estimated to be around $1.5 billion.

2. How did Irving Grousbeck make his fortune?

Irving Grousbeck made his fortune primarily through his investments in the venture capital firm, Sutter Hill Ventures, which he co-founded in 1964. He also served as the chairman of the Golden State Warriors from 1960 to 1986.

3. Is Irving Grousbeck still involved in the Golden State Warriors?

No, Irving Grousbeck is not currently involved in the Golden State Warriors. He sold his majority stake in the team in 1986 to a group led by Franklin Mieuli.

4. What is Sutter Hill Ventures?

Sutter Hill Ventures is a venture capital firm founded by Irving Grousbeck and Ray Rothrock in 1964. The firm focuses on early-stage investments in technology companies.

5. What are some of the notable companies that Sutter Hill Ventures has invested in?

Some of the notable companies that Sutter Hill Ventures has invested in include Sun Microsystems, Intuit, and 3Com.

6. When was Irving Grousbeck born?

Irving Grousbeck was born on November 17, 1921.

7. When did Irving Grousbeck pass away?

Irving Grousbeck passed away on January 28, 2013.

8. Did Irving Grousbeck have any children?

Yes, Irving Grousbeck had two children, Nancy and Kirk, with his wife, Marcy.

9. What was Irving Grousbeck’s educational background?

Irving Grousbeck graduated from the University of California, Berkeley with a degree in business administration.

10. What philanthropic work was Irving Grousbeck involved in?

Irving Grousbeck was involved in various philanthropic works, including donating to the University of California, Berkeley’s Haas School of Business and the Lucile Packard Children’s Hospital Stanford.