Jim Anixter Net Worth (Updated 2025).
Jim Anixter, a name that has become synonymous with innovation and leadership in the tech industry, began his career in the early 1980s, a time when the digital revolution was just starting to take off. Born and raised in Chicago, Anixter’s fascination with electronics and computers was evident from a young age, leading him to pursue a degree in Electrical Engineering from the University of Illinois at Urbana-Champaign.
After graduation, Anixter’s professional journey took off when he joined IBM, one of the tech giants of the time. Here, he honed his skills in hardware design and software development, working on projects that would eventually shape the early personal computer market. It was during his tenure at IBM that Anixter’s reputation as a visionary began to grow, as he consistently delivered innovative solutions that pushed the boundaries of what was then possible in the tech industry.
**Jim Anixter’s Current Net Worth (2025)**
As of 2025, Jim Anixter’s net worth is estimated to be around $50 million. This significant figure is a testament to his successful career and ventures in the tech industry.
**Career**
Jim Anixter is a prominent figure in the technology industry, known for his role as the CEO of Tripp Lite, a leading manufacturer of power protection and connectivity solutions. He has been at the helm of the company since 1991, steering it through significant growth and innovation.
**Other Ventures**
Beyond Tripp Lite, Anixter has diversified his portfolio. He is an active investor in various tech startups, providing mentorship and capital to emerging businesses. Additionally, he serves on the board of several tech companies, offering his expertise and guidance.
**Assets**
Anixter’s assets include a substantial stake in Tripp Lite, as well as his investments in tech startups. He also owns a sizable real estate portfolio, including a luxurious home in Chicago. His collection of vintage cars is another notable asset, reflecting his passion for classic vehicles.
**Annual Income**
Jim Anixter’s annual income is primarily derived from his role as CEO of Tripp Lite and his investments. According to recent estimates, his annual income is around $5 million. However, this can fluctuate based on the performance of his investments and Tripp Lite’s financial health.
Frequently Asked Questions about Jim Anixter
**Frequently Asked Questions about Jim Anixter**
1. What is Jim Anixter’s net worth?
Jim Anixter’s net worth is estimated to be around $500 million.
2. How did Jim Anixter make his fortune?
Jim Anixter made his fortune through his involvement in the cable industry. He is the former CEO of Anixter International, a company that specializes in the distribution of network and security solutions.
3. When was Jim Anixter born?
Jim Anixter was born on March 12, 1946.
4. Where did Jim Anixter grow up?
Jim Anixter grew up in Chicago, Illinois.
5. What is Jim Anixter’s educational background?
Jim Anixter graduated from the University of Illinois at Urbana-Champaign with a Bachelor of Science degree in Business Administration.
6. When did Jim Anixter start working at Anixter International?
Jim Anixter started working at Anixter International in 1970, shortly after graduating from college.
7. When did Jim Anixter become the CEO of Anixter International?
Jim Anixter became the CEO of Anixter International in 1990.
8. What are some of the philanthropic causes that Jim Anixter supports?
Jim Anixter and his family are known for their philanthropic efforts. They have supported various causes, including education, healthcare, and the arts. They have also made significant donations to their alma mater, the University of Illinois.
9. Does Jim Anixter have any children?
Yes, Jim Anixter has three children with his wife, Karen Anixter.
10. What is Jim Anixter’s current role at Anixter International?
After stepping down as CEO in 2015, Jim Anixter currently serves as the Executive Chairman of the Board at Anixter International.