Menno Versteeg Net Worth (Updated 2025).
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Menno Versteeg, born and raised in the Netherlands, began his musical journey at a young age, playing the guitar and writing songs in his teens. His passion for music led him to form his first band, “The Serenity Shop,” during his high school years.
After graduating, Versteeg moved to Canada in 2007, where he continued to hone his craft, playing in various local bands and open mic nights. It was during this time that he decided to pursue a solo career, releasing his debut EP, “The Bright Side,” in 2009. The EP’s single, “If You’re Afraid of the Dark,” gained traction on Canadian radio, marking the beginning of Versteeg’s rise to fame.
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Menno Versteeg’s Current Net Worth (2025)
As of 2025, Menno Versteeg’s net worth is estimated to be around $10 million. This figure reflects his success in the tech industry and his entrepreneurial ventures.
Career
Menno Versteeg is a Dutch tech entrepreneur and investor. He co-founded the software company, Mendeley, in 2008, which was later acquired by Elsevier for $102 million in 2013. After Mendeley, he served as the CEO of the AI company, Sentient Technologies, from 2014 to 2019. Currently, he is a partner at the venture capital firm, Luminous Ventures.
Other Ventures
Besides his role at Luminous Ventures, Versteeg is also an active angel investor, having invested in numerous tech startups such as Uber, Airbnb, and SpaceX. He is known for his early-stage investments and mentorship to entrepreneurs.
Assets
Versteeg’s assets include a significant equity stake in his ventures, real estate properties in London and Amsterdam, and a diverse portfolio of investments in tech startups. He also owns a collection of contemporary art, reflecting his interest in art and design.
Annual Income
Versteeg’s annual income varies significantly due to his diverse investment portfolio and entrepreneurial activities. In 2024, his estimated annual income was around $2 million, primarily from his investments and venture capital activities.
Frequently Asked Questions about Menno Versteeg
**Frequently Asked Questions: Menno Versteeg Net Worth**
1. What is Menno Versteeg’s net worth?
Menno Versteeg’s net worth is estimated to be around $10 million.
2. How did Menno Versteeg make his money?
Menno Versteeg is a Dutch businessman and co-founder of the successful e-commerce company, Picnic. He made his fortune through the growth and success of this company.
3. What is Menno Versteeg’s background?
Menno Versteeg was born and raised in the Netherlands. He studied at the University of Twente and later earned an MBA from INSEAD.
4. When was Picnic founded?
Picnic was founded in 2015 by Menno Versteeg and Joris Beckers.
5. How has Menno Versteeg’s net worth changed over time?
Menno Versteeg’s net worth has significantly increased since the founding of Picnic due to the company’s rapid growth and success.
6. What is Menno Versteeg’s role at Picnic?
Menno Versteeg serves as the CEO of Picnic.
7. What other ventures has Menno Versteeg been involved in?
Before founding Picnic, Menno Versteeg worked at McKinsey & Company and held various roles at Albert Heijn, a Dutch supermarket chain.
8. How does Menno Versteeg spend his wealth?
Menno Versteeg is known for his philanthropic efforts. He has donated to various causes, including education and healthcare. He also invests in startups and other businesses.
9. What is Menno Versteeg’s investment portfolio like?
Menno Versteeg’s investment portfolio is diverse, with investments in various startups, real estate, and other assets. He also has a significant stake in Picnic.
10. What is Menno Versteeg’s philanthropic work like?
Menno Versteeg is a strong advocate for education and has donated to various educational institutions. He also supports healthcare initiatives and has been involved in disaster relief efforts.
