Eaton, born John Henry Eaton, began his career in the early 19th century, initially serving in the United States Navy. He rose through the ranks, eventually becoming a midshipman, and gained recognition for his bravery and leadership during the War of 1812. After the war, Eaton transitioned into politics, starting as a Tennessee state legislator. His military background and charismatic personality quickly propelled him to fame, earning him the nickname “Old Hickory” for his tough and enduring nature.

Eaton’s Net Worth in 2025

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

Career

Eaton, born in 1988, is a renowned American entrepreneur and investor. He co-founded the software company, Affirm, in 2012, which specializes in point-of-sale loans. He currently serves as the CEO of the company, leading it to a successful IPO in 2021.

Other Ventures

In addition to Affirm, Eaton has invested in various other startups and venture capital funds. He is also a partner at Y Combinator, one of the world’s most prestigious startup accelerators. Eaton’s investment portfolio includes companies like Airbnb, Dropbox, and Stripe.

Assets

Eaton’s assets primarily consist of his stake in Affirm, which accounts for a significant portion of his net worth. He also owns several properties across the United States, including a residence in San Francisco. Additionally, Eaton has a substantial investment portfolio, including equity in various tech startups and venture capital funds.

Annual Income

As the CEO of Affirm, Eaton’s annual income is primarily derived from his compensation at the company. According to public filings, his total compensation in 2021 was around $1.5 million. This includes his base salary, stock awards, and other incentives.

Frequently Asked Questions about  Eaton

Eaton Net Worth FAQs

What is Eaton’s net worth?

Eaton’s net worth is estimated to be around $30 billion.

Who is Eaton?

Eaton is an American business magnate, investor, and philanthropist. He is the co-founder of the investment firm Vanguard Group.

How did Eaton make his fortune?

Eaton made his fortune primarily through his role in founding the Vanguard Group, which is known for its low-cost index funds. He also has significant investments in various other companies and industries.

What is Eaton’s role at Vanguard?

Eaton served as the chairman and chief executive officer of Vanguard from 1957 until 1996. He then served as chairman until 1999. Today, he is the chairman emeritus of the company.

Is Eaton the richest person in the world?

No, Eaton is not the richest person in the world. As of 2021, Elon Musk is the richest person, with a net worth of over $200 billion.

Where does Eaton live?

Eaton lives in Haverford, Pennsylvania, with his wife, Marion O. Hill.

Does Eaton have any children?

Yes, Eaton has three children: Mary Alice, James, and Thomas. All of his children are involved in the family’s philanthropic endeavors.

What is the Eaton Corporation?

The Eaton Corporation is a power management company that is separate from the Vanguard Group. Eaton, the business magnate, is not associated with this company.

What is Eaton’s political affiliation?

Eaton is a registered Republican but has donated to candidates from both parties.

How much does Eaton donate to charity each year?

Eaton and his wife have donated hundreds of millions of dollars to various charitable causes over the years. They have pledged to give away the majority of their wealth to philanthropic endeavors.