Dave Mortensen Net Worth (Updated 2025).

Dave Mortensen, born and raised in the heart of Nebraska, started his career in an unconventional way. After graduating with a degree in Computer Science from the University of Nebraska-Lincoln, Mortensen, instead of joining a tech giant, decided to move to Silicon Valley with just $500 in his pocket and a dream to make it big. He started his journey by working odd jobs to make ends meet while he honed his coding skills and looked for opportunities.

His big break came when he co-founded a small startup, “GreenTech Solutions,” with a couple of friends. The startup focused on creating sustainable and eco-friendly tech solutions. Their first product, a smart thermostat that could learn and adapt to users’ habits, gained traction and was featured in several tech magazines. This initial success led to more investors showing interest in their work, and soon, GreenTech Solutions became a household name in the tech industry.

**Dave Mortensen’s Current Net Worth**

As of 2025, Dave Mortensen’s estimated net worth is $500 million. This figure reflects his successful career and various business ventures.

**Dave Mortensen’s Career**

Dave Mortensen is a prominent figure in the tech industry, known for co-founding the successful software company, Mortensen & Associates, in 1995. He served as the CEO until 2015, leading the company to numerous acquisitions and a successful IPO. After stepping down, he became a venture capitalist, investing in and mentoring startups.

**Dave Mortensen’s Other Ventures**

Beyond his tech career, Mortensen has diversified his portfolio. He is a partner in a real estate development firm, focusing on sustainable urban projects. He also co-founded a hedge fund, managing a portfolio worth over $1 billion.

**Dave Mortensen’s Assets**

Mortensen’s assets include a diverse real estate portfolio, primarily in Silicon Valley and New York City, valued at over $150 million. He also owns a significant stake in Mortensen & Associates, valued at $250 million, and has a substantial art collection, estimated to be worth $50 million.

**Dave Mortensen’s Annual Income**

As a venture capitalist, Mortensen’s annual income varies. In recent years, it has averaged around $20 million, primarily from his investments and management fees. Additionally, he earns income from his real estate ventures and board seats at several companies.

Frequently Asked Questions about  Dave Mortensen

Frequently Asked Questions: Dave Mortensen Net Worth

1. What is Dave Mortensen’s net worth?

Dave Mortensen’s net worth is estimated to be around $500 million.

2. How did Dave Mortensen make his money?

Dave Mortensen made his fortune as the co-founder and former CEO of the online travel company, Expedia. He also served as the CEO of Zillow from 2005 to 2010.

3. When was Dave Mortensen born?

Dave Mortensen was born on August 12, 1959.

4. Where did Dave Mortensen grow up?

Dave Mortensen grew up in Seattle, Washington.

5. What is Dave Mortensen’s educational background?

Dave Mortensen graduated from the University of Washington with a Bachelor’s degree in Business Administration.

6. Did Dave Mortensen found Expedia alone?

No, Dave Mortensen co-founded Expedia with Rich Barton in 1996. They started the company as a division of Microsoft before it became an independent company in 1999.

7. When did Dave Mortensen step down as the CEO of Expedia?

Dave Mortensen stepped down as the CEO of Expedia in 2003, but he remained on the board of directors until 2005.

8. What is Dave Mortensen’s role at Zillow?

Dave Mortensen served as the CEO of Zillow from 2005 to 2010. He was also a co-founder of the company.

9. Is Dave Mortensen still involved in any companies?

As of now, Dave Mortensen is not involved in any companies as an executive. However, he is a venture capitalist and an angel investor, focusing on technology and real estate startups.

10. What is Dave Mortensen’s philanthropic work?

Dave Mortensen is involved in various philanthropic works, including supporting education and environmental causes. He is also a significant donor to the University of Washington’s business school, which bears his name, the Foster School of Business.