Kevin Ashton Net Worth (Updated 2025).

Kevin Ashton, a name now synonymous with the Internet of Things (IoT), began his career in the late 1990s, working for companies like Procter & Gamble and the Boston Consulting Group. Here, he honed his skills in data analysis and strategy, but it was his move to a small startup called Autodesk that would set the stage for his future fame.

In 1999, Ashton joined Autodesk, a company known for its design software. Here, he was tasked with creating a new business model for the company’s software. It was during this time that Ashton began to explore the idea of connecting everyday objects to the internet, a concept that would later become the Internet of Things. His groundbreaking work at Autodesk laid the foundation for his future innovations and eventual fame in the tech industry.

Kevin Ashton’s Current Net Worth (2025)

As of 2025, Kevin Ashton’s net worth is estimated to be around $100 million. This figure is based on the latest available information and takes into account his successful career in technology and entrepreneurship.

Career

Kevin Ashton is a British entrepreneur and computer scientist, best known as a co-founder of the IoT (Internet of Things) movement. He started his career at Procter & Gamble, where he worked on supply chain management. In 2000, he co-founded the Auto-ID Center at MIT, which laid the foundation for the IoT. He then co-founded Thingworx, a company that provides a platform for building and deploying IoT applications.

Other Ventures

Aside from his work in the IoT, Ashton has also ventured into other areas. He is a co-founder of the Open Sensor Project, an initiative aimed at creating open-source hardware for environmental monitoring. He has also written a book, “How to Fly a Horse: The Secret History of a Revolutionary Technology,” which explores the history and future of the IoT.

Assets

Ashton’s assets include his stakes in the companies he has co-founded, such as Thingworx and the Open Sensor Project. He also holds a significant amount of equity in other tech startups. Additionally, he owns several properties, including a home in Cambridge, Massachusetts.

Annual Income

Ashton’s annual income is primarily derived from his equity in his companies and any related dividends. His exact annual income is not publicly disclosed, but it is estimated to be in the millions of dollars. He also earns income from speaking engagements and book sales.

Frequently Asked Questions about  Kevin Ashton

Frequently Asked Questions: Kevin Ashton Net Worth

1. What is Kevin Ashton’s net worth?

Kevin Ashton’s net worth is estimated to be around $50 million.

2. How did Kevin Ashton make his money?

Kevin Ashton is an entrepreneur and investor. He co-founded the Auto-ID Center at MIT, which focuses on the development of Radio Frequency Identification (RFID) technology. He also co-founded ThingWorx, a company that provides a platform for building and deploying applications for the Industrial Internet of Things (IIoT).

3. What is Kevin Ashton’s background?

Kevin Ashton was born in England and received his degree in physics from the University of Cambridge. He later moved to the United States and worked at Procter & Gamble before co-founding the Auto-ID Center at MIT.

4. When was ThingWorx founded?

ThingWorx was founded in 2008.

5. Who are the co-founders of ThingWorx?

The co-founders of ThingWorx are Kevin Ashton, Russ Fadel, and Michael Lachance.

6. What is the Industrial Internet of Things (IIoT)?

The Industrial Internet of Things (IIoT) refers to the networking of physical objects—like vehicles, equipment, and industrial systems—embedded with sensors, software, and network connectivity, which enables these objects to collect and exchange data.

7. What is RFID technology?

Radio Frequency Identification (RFID) is a wireless technology that uses radio waves to read and capture information stored on a tag attached to an object. It is used for tracking and managing inventory, assets, and people.

8. What is Kevin Ashton’s role at MIT?

Kevin Ashton is a co-founder and the former executive director of the Auto-ID Center at MIT. He is also a visiting scientist at the MIT Senseable City Lab.

9. What is Kevin Ashton’s involvement with the Internet of Things (IoT)?

Kevin Ashton is one of the pioneers of the Internet of Things (IoT). He coined the term “Internet of Things” in a presentation he gave at Procter & Gamble in 1999.

10. What is Kevin Ashton’s latest project?

As of now, Kevin Ashton’s latest project is his work at the MIT Senseable City Lab, where he is exploring the use of data and technology to improve urban living. He is also an active investor and advisor to several startups in the IoT and related fields.