Jeff Raikes Net Worth (Updated 2025).
Jeff Raikes, a name that’s become synonymous with philanthropy and tech innovation, didn’t always start with a silver spoon. Born in 1958, Raikes was raised in a humble family in Washington state, where he learned the value of hard work and dedication from an early age. After earning his degree in Business Administration from Washington State University, Raikes kicked off his career at the Microsoft Corporation in 1981 as a marketing manager.
His journey at Microsoft was nothing short of remarkable. Starting from the ground floor, Raikes climbed the corporate ladder, holding various positions such as Senior Vice President of the Microsoft Office Division, and eventually serving as the President of the Microsoft Business Division. His strategic leadership and vision played a pivotal role in transforming Microsoft Office into a global powerhouse, making it a staple in offices worldwide.
Jeff Raikes’ Current Net Worth
As of 2025, Jeff Raikes’ current net worth is estimated to be $500 million. This figure is based on the latest available information and takes into account his career in business and technology, as well as his other ventures.
Career
Jeff Raikes is a prominent figure in the tech industry, known for his leadership roles at Microsoft. He served as the President of the Microsoft Business Division from 2000 to 2008, overseeing the company’s productivity and business processes group. Prior to this, he held various other executive positions at Microsoft, including Senior Vice President of the Worldwide Sales and Marketing Group. His strategic contributions played a significant role in Microsoft’s growth and success.
Other Ventures
After leaving Microsoft, Raikes co-founded the Raikes Foundation with his wife, Tricia. The foundation focuses on improving the lives of young people, with a particular emphasis on education, youth development, and social and emotional learning. Additionally, Raikes serves on several corporate boards, including those of Adobe Systems and Costco Wholesale Corporation.
Assets
Jeff Raikes’ assets include a substantial stake in Microsoft, which he acquired during his time at the company. He also owns shares in other companies where he serves on the board. Real estate investments, including properties in Washington state and California, also contribute to his total assets. His philanthropic endeavors, such as the Raikes Foundation, are another significant aspect of his portfolio.
Annual Income
While Jeff Raikes’ exact annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This includes his earnings from his roles on corporate boards, as well as any dividends or interest from his investments. His annual income from the Raikes Foundation is also a significant contributor, although the foundation focuses more on philanthropic giving than personal income.
Frequently Asked Questions about Jeff Raikes
**Frequently Asked Questions: Jeff Raikes Net Worth**
1. What is Jeff Raikes’ net worth?
Jeff Raikes’ net worth is estimated to be around $1 billion.
2. How did Jeff Raikes make his money?
Jeff Raikes made his fortune primarily through his career at Microsoft, where he served as the Group Vice President of the Information Worker group. He also co-founded the Raikes Foundation with his wife, Tricia Raikes.
3. What is the Raikes Foundation?
The Raikes Foundation is a private family foundation established by Jeff and Tricia Raikes in 2002. It focuses on supporting initiatives in education, youth development, and civic engagement.
4. Did Jeff Raikes have any role in Bill Gates’ philanthropic efforts?
Yes, Jeff Raikes was a key figure in the creation of the Bill & Melinda Gates Foundation. He served as its first chief executive officer from 2000 to 2008.
5. What is Jeff Raikes’ role at the Bill & Melinda Gates Foundation now?
After stepping down as CEO, Jeff Raikes continued to serve on the board of the Bill & Melinda Gates Foundation until 2016. He is no longer actively involved in the day-to-day operations of the foundation.
6. What is Jeff Raikes’ educational background?
Jeff Raikes graduated from Duke University with a Bachelor of Science degree in Electrical Engineering in 1979. He also holds a Master of Business Administration degree from the University of California, Berkeley.
7. How long did Jeff Raikes work at Microsoft?
Jeff Raikes worked at Microsoft for 26 years, from 1981 to 2007.
8. What are some of the products Jeff Raikes worked on at Microsoft?
During his time at Microsoft, Jeff Raikes worked on various products, including Microsoft Office, Windows, and the Microsoft Bob assistant. He also led the development of the Microsoft Office suite.
9. What is Jeff Raikes’ current role in the tech industry?
After leaving Microsoft, Jeff Raikes has not taken on a significant role in the tech industry. He is primarily focused on his philanthropic work through the Raikes Foundation.
10. How does Jeff Raikes spend his time now?
Jeff Raikes spends much of his time working on the Raikes Foundation, focusing on its various initiatives. He also serves on several boards, including those of the Bill & Melinda Gates Foundation and the University of Washington.
