Herb Simon Net Worth (Updated 2026).
Herbert Alexander Simon, often referred to as Herb Simon, was an American political scientist, economist, and professor who made significant contributions to several fields, including decision-making, organizational theory, and artificial intelligence. Born in Milwaukee, Wisconsin, in 1916, Simon’s academic journey began at the University of Chicago, where he earned his Ph.D. in political science in 1943. His early work focused on administrative behavior and organization theory, which laid the groundwork for his later achievements.
Simon’s career took a significant turn in the 1950s when he started collaborating with Allen Newell, a computer scientist. Together, they pioneered the field of artificial intelligence, creating the Logic Theorist, the first computer program designed to simulate human thought processes. This groundbreaking work, along with their later development of the General Problem Solver, a program that could solve a wide range of problems, brought Simon widespread recognition and fame.
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Herb Simon’s Current Net Worth (2025)
As of 2025, Herb Simon’s net worth is estimated to be around $3.1 billion, according to Forbes. This makes him one of the wealthiest individuals in the world.
Career
Herbert Simon, often known as Herb Simon, is an American businessman and co-founder of the software company, Symantec. He served as the company’s CEO from 1982 to 1992, and again from 1996 to 1999. Under his leadership, Symantec grew into a global leader in cybersecurity and software solutions.
Other Ventures
In addition to Symantec, Herb Simon has been involved in various other ventures. He co-founded the venture capital firm, El Dorado Ventures, and has invested in numerous technology startups. Simon is also a philanthropist, having donated to various educational and healthcare institutions.
Assets
Herb Simon’s assets include a significant stake in Symantec, as well as real estate investments. He owns a 10% stake in the National Basketball Association’s Indiana Pacers, which he co-founded in 1985. Simon also has a collection of vintage cars, including a 1937 Mercedes-Benz 540K.
Annual Income
Herb Simon’s annual income varies, but as of 2020, it was estimated to be around $10 million. This includes his salary from Symantec, investment income, and other business ventures. However, his income can fluctuate significantly from year to year due to changes in his business activities and investments.
Frequently Asked Questions about Herb Simon
**Frequently Asked Questions: Herb Simon Net Worth**
1. What is Herb Simon’s net worth?
Herb Simon’s net worth is estimated to be around $5 billion.
2. How did Herb Simon make his fortune?
Herb Simon made his fortune through co-founding the software company, Salesforce, in 1999. He served as the CEO until 2014 and remains the Chairman and Co-CEO.
3. What is Herb Simon’s role at Salesforce?
Herb Simon is the Co-Chairman and Co-CEO of Salesforce, along with Marc Benioff.
4. What is Herb Simon’s background?
Herb Simon graduated from the University of Illinois at Urbana-Champaign with a degree in Computer Science. He also has an MBA from Harvard Business School.
5. What is Herb Simon’s investment portfolio like?
Herb Simon’s investment portfolio includes stakes in various tech companies and real estate. He is also a philanthropist, donating to causes like education and healthcare.
6. What is Herb Simon’s philanthropic work?
Herb Simon is involved in various philanthropic activities. He and his wife, Marcie, have donated to the University of Illinois and the University of California, Berkeley, among other institutions. They also support healthcare initiatives.
7. How does Herb Simon’s net worth compare to other tech billionaires?
Herb Simon’s net worth places him among the top tech billionaires globally, although it fluctuates due to market conditions and company performance.
8. What is Herb Simon’s stance on climate change?
Herb Simon is an advocate for climate action. Salesforce has committed to being net-zero carbon by 2030 and is a signatory of the We Are Still In initiative.
9. What is Herb Simon’s political affiliation?
Herb Simon’s political affiliation is not publicly known.
10. What are Herb Simon’s future plans?
Herb Simon’s future plans include continuing to grow and innovate at Salesforce, as well as expanding the company’s philanthropic efforts. He also plans to continue investing in and supporting other tech startups.
