Austin Mcchord Net Worth (Updated 2025).

Austin McChord, a name that has become synonymous with innovation and success in the tech industry, started his career in an unconventional way. Born and raised in a small town in Pennsylvania, McChord didn’t have the typical Silicon Valley upbringing. Instead, he honed his skills in computer programming from a young age, teaching himself coding languages and building websites in his parents’ basement.

His big break came when he was just 19 years old. McChord developed a simple, yet powerful tool called “CharityEngine,” a fundraising platform designed to streamline the donation process for non-profit organizations. The software was an instant hit, attracting the attention of tech giants and venture capitalists alike. This marked the beginning of McChord’s rise to fame, as he went on to found his own company, Datto, which would later become a global leader in data backup and recovery solutions.

Austin McChord’s Current Net Worth (2025)

As of 2025, Austin McChord’s current net worth is estimated to be around $2.5 billion. This significant wealth is largely attributed to his successful tech ventures, primarily the cybersecurity company he founded, Tripwire.

Career

Austin McChord is a prominent figure in the tech industry, known for founding Tripwire, a leading cybersecurity company, in 1997. He served as the CEO until 2016, leading the company to become a global leader in security and compliance solutions. After stepping down, he remained on the board of directors.

Other Ventures

Beyond Tripwire, McChord has been involved in several other ventures. He co-founded the cybersecurity company, CounterTack, in 2012, which was later acquired by Tripwire. He also serves as a venture partner at Boston-based VC firm, Ascent Venture Partners.

Assets

McChord’s assets include a significant stake in Tripwire, as well as equity in other tech startups. He also owns a number of properties, including a luxury home in Massachusetts. His philanthropic efforts include supporting educational and health initiatives through the McChord Family Foundation.

Annual Income

While McChord’s exact annual income is not publicly disclosed, it’s estimated that he earns a substantial amount from his ongoing roles in the tech industry, as well as from the dividends and capital gains from his investments. His wealth has primarily grown through the success of Tripwire and its IPO in 2015.

Frequently Asked Questions about  Austin Mcchord

Frequently Asked Questions: Austin McChord Net Worth

1. What is Austin McChord’s net worth?

As of recent estimates, Austin McChord’s net worth is approximately $300 million.

2. How did Austin McChord make his fortune?

McChord founded Datto, a data backup and disaster recovery company, in 2007. He served as the CEO until 2019, growing the company to over 1,400 employees worldwide before its acquisition by Vista Equity Partners.

3. What is Datto, and what does it do?

Datto is a technology company that specializes in data backup and disaster recovery solutions. It provides services to businesses to protect their data and ensure business continuity in case of data loss or system failures.

4. When was Datto acquired, and for how much?

Datto was acquired by Vista Equity Partners in 2019 for $1.5 billion.

5. What is Austin McChord’s role at Datto after the acquisition?

After the acquisition, McChord stepped down as CEO but remained on the board of directors as executive chairman until 2021.

6. What is Austin McChord’s background and education?

McChord graduated from the University of Connecticut with a degree in Computer Science and Engineering. Before founding Datto, he worked as a software engineer and consultant.

7. What are some of Austin McChord’s philanthropic efforts?

McChord is known for his philanthropic work, particularly in supporting education and entrepreneurship. He has donated to various educational institutions and startup incubators, including the University of Connecticut and Revere High School in his hometown.

8. What is Austin McChord’s involvement in politics?

McChord has been involved in politics, primarily as a donor to Democratic candidates and causes. He has also advocated for policies supporting small businesses and startups.

9. What is Austin McChord’s investment portfolio like?

McChord’s investment portfolio includes various tech startups and venture capital funds. He has also invested in real estate and other asset classes.

10. What are Austin McChord’s future plans and goals?

McChord has expressed interest in continuing to invest in and mentor early-stage tech companies. He has also mentioned a desire to focus on his philanthropic efforts and give back to his community.