Don Katz, a name synonymous with audiobook innovation, began his career in the early 1990s, working in various roles within the publishing industry. He started as an editor at Simon & Schuster, honing his skills in the art of storytelling and understanding the intricacies of the literary world. It was during this time that Katz’s passion for bringing books to life in a new, immersive way began to take shape.

In 1995, Katz saw an opportunity in the burgeoning technology sector and decided to merge his love for literature with his newfound interest in digital platforms. He founded Audible, a company that would revolutionize the way people experienced books. Starting with a simple idea of recording audiobooks and selling them online, Katz’s vision grew to encompass a vast library of content, including original productions and exclusive content, making Audible a leader in the audiobook industry.

Don Katz’s Current Net Worth (2025)

As of 2025, Don Katz’s current net worth is estimated to be around $200 million, according to the latest available information.

Career

Don Katz, born in 1953, is an American entrepreneur and the founder of Audible, the world’s largest seller and producer of audiobooks and other spoken-word content. He started his career in the book industry, working for various publishing houses before founding Audible in 1995. In 2008, Audible was acquired by Amazon, and Katz served as its CEO until 2010. He then became the Executive Chairman of the company until 2017.

Other Ventures

After leaving Audible, Katz founded the Audible Creation Exchange (ACX) in 2011, a marketplace that connects audiobook rights holders with producers. He also co-founded the Long Now Foundation, a long-term thinking organization, and is a board member of the New York Public Library.

Assets

Don Katz’s assets include a significant stake in Amazon, as well as real estate investments. He owns a home in New Jersey, where Audible is headquartered, and has been involved in local real estate development projects. Katz is also known for his art collection, which includes works by prominent contemporary artists.

Annual Income

While Katz’s annual income is not publicly disclosed, as a successful entrepreneur and investor, it’s estimated to be in the tens of millions of dollars. His income primarily comes from his stake in Amazon, as well as any dividends or distributions from his other investments and ventures.

Frequently Asked Questions about  Don Katz

Don Katz Net Worth FAQs

1. What is Don Katz’s net worth?

Don Katz’s net worth is estimated to be around $1 billion.

2. How did Don Katz make his money?

Don Katz made his fortune as the founder and former CEO of Audible, an audiobook and podcast service that was acquired by Amazon in 2008.

3. When was Audible founded?

Audible was founded by Don Katz in 1995.

4. What is Don Katz’s role at Audible now?

After stepping down as CEO in 2010, Don Katz served as the Executive Chairman of Audible until 2018. He is no longer involved in the day-to-day operations of the company.

5. What other ventures has Don Katz been involved in?

After leaving Audible, Don Katz has been involved in various philanthropic and entrepreneurial ventures. He is a co-founder of the Newark Venture Partners, a venture capital firm focused on supporting startups in Newark, New Jersey.

6. What is Don Katz’s educational background?

Don Katz graduated from the University of Pennsylvania with a Bachelor of Arts degree in English. He also has a Master of Fine Arts degree in creative writing from the University of Iowa.

7. Has Don Katz written any books?

Yes, Don Katz has written several books, including “The Big Audible: A History of the Audiobook” and “Audible: The Story of the Audiobook Revolution.”

8. What is Don Katz’s philanthropic work like?

Don Katz is known for his philanthropic work, particularly in his hometown of Newark, New Jersey. He has been involved in various initiatives aimed at revitalizing the city and supporting its residents.

9. What awards has Don Katz won?

Don Katz has been recognized with several awards, including the Audio Publishers Association’s Audie Award for Lifetime Achievement and the University of Pennsylvania’s Alumni Award of Merit.

10. Where does Don Katz live now?

Don Katz lives in Newark, New Jersey.