Nick Woodman, a name now synonymous with action sports and wearable technology, didn’t always have his eyes set on the big leagues. His journey began in the late 1990s, when he was a young surfer in California, frustrated by the lack of a durable, waterproof camera to capture his adventures. This personal need sparked an idea that would eventually revolutionize the way we document our experiences.

In 2002, Woodman, armed with a degree in political science and a passion for innovation, took a leap of faith. He mortgaged his parents’ house to fund his fledgling startup, GoPro. With a simple, yet ingenious design, the first GoPro camera was born – a small, rugged device that could be mounted on helmets, surfboards, or even dogs, capturing unique perspectives that traditional cameras couldn’t match. Little did he know, this was just the beginning of his rise to fame.

Nick Woodman’s Current Net Worth

As of 2025, Nick Woodman’s current net worth stands at an impressive $1.8 billion, according to Forbes. This significant figure is a testament to his entrepreneurial success and the enduring popularity of his company, GoPro.

Career

Nick Woodman, born in 1975, is an American entrepreneur and businessman. He is best known as the founder and CEO of GoPro, a company that specializes in high-definition personal cameras. Woodman started GoPro in 2002, initially selling his cameras out of the trunk of his car. Today, GoPro is a global brand, with products sold in over 100 countries.

Other Ventures

In addition to GoPro, Woodman has invested in several other ventures. He is a co-founder of the investment firm, Mad Hatter Fund, and has also invested in companies like SpaceX and Bird Rides, Inc. Furthermore, Woodman is a passionate environmentalist and has supported various ocean conservation initiatives.

Assets

Nick Woodman’s assets include a significant stake in GoPro, which he has maintained since founding the company. He also owns properties in California, including a $20 million estate in Del Mar. Additionally, Woodman’s collection of luxury cars, including a rare Ferrari 250 GTO, is estimated to be worth tens of millions of dollars.

Annual Income

As the CEO of GoPro, Nick Woodman’s annual income is primarily derived from his salary and stock holdings in the company. In 2020, his total compensation was reported to be around $1.2 million. However, this figure can fluctuate based on the company’s performance and changes in Woodman’s stock holdings.

Frequently Asked Questions about  Nick Woodman

Frequently Asked Questions: Nick Woodman Net Worth

1. What is Nick Woodman’s net worth?

Nick Woodman’s net worth is estimated to be $2.7 billion.

2. How did Nick Woodman make his money?

Nick Woodman made his fortune by founding GoPro, a company known for its action cameras. He started the company in 2002 and served as its CEO until 2021.

3. When was Nick Woodman born?

Nick Woodman was born on June 24, 1975.

4. Where did Nick Woodman grow up?

Nick Woodman grew up in Atherton, California.

5. Did Nick Woodman attend college?

Yes, Nick Woodman attended the University of California, San Diego, where he studied political science. He dropped out before graduating to pursue his entrepreneurial dreams.

6. What was Nick Woodman’s first business?

Nick Woodman’s first business was a web-based service called EmpowerAll.com, which he started in 1999. He sold the company in 2000 to focus on his next venture, GoPro.

7. When was GoPro founded?

GoPro was founded in 2002.

8. What was the first GoPro camera?

The first GoPro camera was the GoPro HERO, which was released in 2004.

9. When did Nick Woodman step down as GoPro’s CEO?

Nick Woodman stepped down as GoPro’s CEO in 2021. He remains the company’s executive chairman.

10. What are some of Nick Woodman’s philanthropic efforts?

Nick Woodman and his wife, Jill, have been involved in various philanthropic efforts, including supporting environmental conservation and disaster relief efforts. They have also donated to educational institutions and healthcare organizations.