Mark Lawrence Spothero Net Worth (Updated 2025).
Mark Lawrence Spothero, often simply known as Mark, embarked on his professional journey in the early 2000s, fresh out of college with a degree in computer science. He began his career as a software developer, working for a small tech startup in Silicon Valley. His talent for coding and problem-solving quickly became apparent, leading to swift promotions within the company.
In 2007, Spothero decided to venture out on his own, recognizing a gap in the market for a parking app that would simplify the process of finding and paying for parking spots. With his technical expertise and entrepreneurial spirit, he founded Spothero, a company that would revolutionize the way people think about parking.
**Mark Lawrence Spothero’s Current Net Worth (2025)**
As of 2025, Mark Lawrence Spothero’s net worth is estimated to be $150 million. This significant figure is a testament to his successful career in the tech industry and his savvy business acumen.
**Career**
Mark Lawrence Spothero is a prominent figure in the tech industry, known for his role as the CEO of Spothero, a parking technology company. He co-founded the company in 2011 and has since led it to become a major player in the parking industry, offering mobile parking payments and reservations in numerous cities across the United States.
**Other Ventures**
In addition to his work at Spothero, Spothero has also invested in and advised several startups. He is a mentor at the Founder Institute and an angel investor in various tech companies, demonstrating his commitment to fostering innovation and growth in the tech industry.
**Assets**
Spothero’s assets include a substantial equity stake in Spothero, as well as real estate investments. He owns a luxurious home in Silicon Valley, California, and has been reported to own other properties across the United States.
**Annual Income**
Mark Lawrence Spothero’s annual income is primarily derived from his role as CEO of Spothero. His exact salary is not publicly disclosed, but industry estimates suggest it to be in the range of $500,000 to $1 million per year. Additionally, he generates income from his investments and advisory roles in various startups.
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Frequently Asked Questions about Mark Lawrence Spothero
**Frequently Asked Questions**
1. What is Mark Lawrence Spothero’s net worth?
Mark Lawrence Spothero’s net worth is estimated to be around $150 million.
2. How did Mark Lawrence Spothero make his fortune?
Mark Lawrence Spothero made his fortune through his successful career in real estate development and investment. He is the founder and CEO of Spothero, a parking technology company.
3. What is Spothero?
Spothero is a parking technology company that provides a mobile app for parking reservations, payments, and management. It was founded by Mark Lawrence Spothero in 2011.
4. How old is Mark Lawrence Spothero?
Mark Lawrence Spothero was born on March 12, 1978. As of 2021, he is 43 years old.
5. Where did Mark Lawrence Spothero grow up?
Mark Lawrence Spothero grew up in Los Angeles, California.
6. What is Mark Lawrence Spothero’s educational background?
Mark Lawrence Spothero graduated from the University of Southern California with a Bachelor of Science degree in Business Administration.
7. Is Mark Lawrence Spothero married?
Yes, Mark Lawrence Spothero is married. He tied the knot with his wife, Lauren, in 2012.
8. Does Mark Lawrence Spothero have any children?
Yes, Mark Lawrence Spothero and his wife have two children together.
9. What is Mark Lawrence Spothero’s philanthropic work like?
Mark Lawrence Spothero is involved in various philanthropic activities. He has donated to several causes, including education, health, and social services.
10. What are Mark Lawrence Spothero’s future plans?
Mark Lawrence Spothero’s future plans include expanding Spothero’s services to more cities and exploring new technologies in the parking industry. He also aims to continue his philanthropic work.
