Fred Luddy Net Worth (Updated 2025).

Fred Luddy, a name now synonymous with innovative technology, began his career in the early days of the tech boom. Straight out of college, he joined a small startup called ServiceSource, where he honed his skills in software development and customer relationship management. It was here that his entrepreneurial spirit was ignited, fueling his ambition to create something of his own.

In 1999, Luddy took a leap of faith and founded his first company, Service-Now. Starting with just a handful of employees in his garage, he developed a unique platform that streamlined IT service management. This innovative solution caught the eye of investors, and Service-Now grew rapidly, eventually becoming a publicly traded company in 2012.

**Fred Luddy’s Current Net Worth (as of 2025)**

As of 2025, Fred Luddy’s current net worth is estimated to be around $1.5 billion, according to Forbes. This significant wealth is primarily attributed to his successful tech ventures.

**Career**

Fred Luddy is a prominent figure in the tech industry, best known as the founder of ServiceNow, a leading digital workflow company. He served as the CEO from 2004 until 2011, and later as Executive Chairman until 2017. Under his leadership, ServiceNow grew from a startup to a publicly traded company with a market capitalization of over $100 billion.

**Other Ventures**

After stepping down from ServiceNow, Luddy has been involved in several other ventures. He co-founded a venture capital firm, PivotNorth Capital, focusing on early-stage tech startups. He also serves on the boards of various tech companies, providing strategic guidance and mentorship.

**Assets**

Fred Luddy’s assets include a substantial stake in ServiceNow, as well as investments in other tech companies. He also owns several properties across the United States, including a luxurious home in California valued at over $20 million.

**Annual Income**

While his exact annual income is not publicly disclosed, Luddy’s wealth has been growing steadily over the years. As a successful entrepreneur and investor, his annual income is likely to be in the tens of millions of dollars.

Frequently Asked Questions about  Fred Luddy

Fred Luddy Net Worth FAQs

1. What is Fred Luddy’s net worth?

Fred Luddy’s net worth is estimated to be around $1.5 billion.

2. How did Fred Luddy make his fortune?

Fred Luddy made his fortune as the founder of ServiceNow, a leading digital workflow company. He served as the CEO of the company from its inception in 2004 until 2011.

3. What is Fred Luddy’s role at ServiceNow?

After stepping down as CEO in 2011, Fred Luddy served as the executive chairman of ServiceNow until 2017. He is currently the founder and chairman of the company.

4. When was ServiceNow founded?

ServiceNow was founded in 2004 by Fred Luddy and a team of former Palm, Inc. executives.

5. What is Fred Luddy’s educational background?

Fred Luddy earned a Bachelor of Science degree in Computer Science from the University of California, San Diego.

6. Where is Fred Luddy based?

Fred Luddy is based in San Diego, California.

7. What is Fred Luddy’s philanthropic work?

Fred Luddy is involved in various philanthropic activities. He has donated to several causes, including education and healthcare. In 2019, he signed the Giving Pledge, committing to donate at least half of his wealth to charitable causes.

8. What are Fred Luddy’s interests outside of business?

Fred Luddy is an avid surfer and enjoys spending time outdoors. He is also a passionate supporter of the arts and has been involved in various arts initiatives.

9. What is Fred Luddy’s investment portfolio like?

Fred Luddy’s investment portfolio is diverse and includes investments in technology, real estate, and other sectors. He is also an angel investor and has invested in several startups.

10. What is Fred Luddy’s leadership style?

Fred Luddy is known for his hands-on and collaborative leadership style. He believes in empowering his team and fostering a culture of innovation and continuous learning.