Spencer Rascoff Net Worth (Updated 2025).
Spencer Rascoff began his career in the late 1990s as an investment banker at Goldman Sachs before pivoting to the tech world, where he quickly made a name for himself. His early roles included working at venture capital firm TPG Capital and co-founding Hotwire, an online travel discount site later acquired by Expedia. This success set the stage for his next big move: joining Zillow in 2005 as a founding executive. As the company’s CFO and later CEO, Rascoff played a pivotal role in transforming Zillow into a household name, revolutionizing how people buy and sell homes online.
Rascoff’s sharp business acumen and knack for innovation cemented his reputation as a leading figure in real estate tech. Under his leadership, Zillow went public in 2011 and expanded into new markets, including rentals and mortgages. Beyond Zillow, he became a well-known entrepreneur and investor, co-founding startups like Pacaso and dot.LA. His frequent media appearances and insightful commentary on real estate trends further boosted his profile, making him a recognizable voice in the industry.
Table Of Contents
- What is Spencer Rascoff’s net worth?
- How did Spencer Rascoff make his money?
- What companies has Spencer Rascoff founded?
- Is Spencer Rascoff still involved with Zillow?
- What is Spencer Rascoff’s role at Pacaso?
- How much did Spencer Rascoff earn from Zillow?
- What other investments does Spencer Rascoff have?
- Has Spencer Rascoff written any books?
- What is Spencer Rascoff’s educational background?
- Does Spencer Rascoff participate in philanthropy?
Spencer Rascoff’s Net Worth in 2025
Spencer Rascoff’s estimated net worth in 2025 is around $500 million. This figure reflects his successful ventures in real estate and tech, including co-founding Zillow and several other high-profile startups. His wealth stems from equity stakes, investments, and executive roles in major companies.
Spencer Rascoff’s Career
Spencer Rascoff is best known as the co-founder of Zillow, where he served as CEO from 2010 to 2019. Before that, he held executive roles at Hotwire and co-founded other startups like dot.LA and Pacaso. His career is marked by disrupting traditional industries with tech-driven solutions.
Spencer Rascoff’s Other Ventures
Beyond Zillow, Rascoff has launched multiple ventures, including Pacaso, a fractional homeownership platform, and dot.LA, a media outlet covering Southern California’s tech scene. He’s also an active angel investor, backing companies like Airbnb and HubSpot early on.
Spencer Rascoff’s Assets
Rascoff owns significant real estate, including luxury properties in Los Angeles and Seattle. He also holds equity in multiple startups and public companies. His investment portfolio is diverse, spanning tech, media, and proptech sectors.
Spencer Rascoff’s Annual Income
While exact figures aren’t public, Rascoff’s annual income likely comes from board positions, speaking engagements, and investment returns. His roles at Pacaso and other ventures contribute substantially, with estimates suggesting mid-seven-figure earnings annually.
Frequently Asked Questions about Spencer Rascoff
What is Spencer Rascoff’s net worth?
Spencer Rascoff’s net worth is estimated to be in the hundreds of millions, primarily accumulated through his successful ventures in real estate and technology, including co-founding Zillow and other startups.
How did Spencer Rascoff make his money?
Spencer Rascoff made his fortune as a co-founder of Zillow, a leading real estate marketplace, and through investments in other startups like Pacaso and dot.LA. His executive roles and equity stakes contributed significantly to his wealth.
What companies has Spencer Rascoff founded?
Spencer Rascoff co-founded Zillow, Hotwire, and Pacaso, among other ventures. He also played a key role in launching dot.LA, a media platform covering the Los Angeles tech scene.
Is Spencer Rascoff still involved with Zillow?
No, Spencer Rascoff stepped down as Zillow’s CEO in 2019 but remains a shareholder. He continues to be active in the tech and real estate industries through new ventures and investments.
What is Spencer Rascoff’s role at Pacaso?
Spencer Rascoff is a co-founder and executive chairman of Pacaso, a company that helps people co-own second homes. He focuses on strategy and growth for the business.
How much did Spencer Rascoff earn from Zillow?
While exact figures aren’t public, Spencer Rascoff earned substantial wealth from Zillow through salary, bonuses, and stock options during his tenure as CEO and co-founder.
What other investments does Spencer Rascoff have?
Spencer Rascoff has invested in numerous startups, including real estate and tech companies. He is also an active angel investor and venture capitalist through his firm, 75 & Sunny.
Has Spencer Rascoff written any books?
Yes, Spencer Rascoff co-authored “Zillow Talk: The New Rules of Real Estate,” which provides insights into the housing market based on Zillow’s data.
What is Spencer Rascoff’s educational background?
Spencer Rascoff graduated from Harvard University with a degree in history and later earned an MBA from Stanford Graduate School of Business.
Does Spencer Rascoff participate in philanthropy?
Yes, Spencer Rascoff is involved in philanthropic efforts, supporting education, entrepreneurship, and Jewish causes through donations and board memberships.