Verizon Ceo Net Worth (Updated 2025).

Hans Vestberg, born in Sweden, began his career in the telecommunications industry in 1991, joining the Swedish telecom giant Ericsson. He spent over two decades climbing the ranks at Ericsson, serving in various leadership roles across Europe, Asia, and the United States. In 2017, his hard work and dedication paid off when he was appointed as the President and CEO of the company.

In 2018, Vestberg made headlines when he was named the CEO of Verizon, one of the largest telecommunications companies in the United States. His appointment marked a significant milestone, as he became the first non-American to lead the company. Vestberg’s rise to fame can be attributed to his extensive experience in the industry, his innovative approach to technology, and his ability to lead and inspire teams across the globe.

Verizon CEO’s Current Net Worth (2025)

As of 2025, the latest available information pegs the net worth of Hans Vestberg, the current CEO of Verizon, at around $35 million. This figure is an estimate and can vary based on market fluctuations and other factors.

Career

Hans Vestberg has been the CEO of Verizon since 2018. Prior to this, he served as the President and Chief Technology Officer of the company. Before joining Verizon, he held various leadership positions at Ericsson, including President and CEO from 2016 to 2018. His career spans over three decades in the telecommunications industry.

Other Ventures

Vestberg is not known to have any significant ventures outside of Verizon. He is primarily dedicated to his role as the CEO of the company. However, he does serve on the board of directors of the World Economic Forum and is a member of the Business Roundtable, reflecting his commitment to corporate social responsibility.

Assets

Vestberg’s assets include a substantial stake in Verizon stock, which is a significant portion of his net worth. He also owns several properties, including a home in New Jersey valued at around $2 million. His total assets, including investments and real estate, are estimated to be around $40 million as of 2025.

Annual Income

In 2020, Hans Vestberg’s total compensation from Verizon was $26.3 million, according to the company’s proxy statement. This figure includes his base salary, stock awards, non-equity incentive plan compensation, and other compensation. His annual compensation can vary year to year based on the company’s performance and other factors.

Frequently Asked Questions about  Verizon Ceo

Frequently Asked Questions about Verizon CEO’s Net Worth

1. Who is the current CEO of Verizon?

Hans Vestberg is the current CEO of Verizon. He succeeded Lowell McAdam in August 2018.

2. How long has Hans Vestberg been the CEO of Verizon?

Hans Vestberg has been the CEO of Verizon since August 2018, making it over four years as of 2022.

3. What was Hans Vestberg’s role at Verizon before becoming CEO?

Before becoming CEO, Hans Vestberg served as the Chief Technology Officer (CTO) of Verizon from 2017 to 2018.

4. How old is Hans Vestberg?

Hans Vestberg was born on October 19, 1965, making him 56 years old as of 2022.

5. Where was Hans Vestberg born?

Hans Vestberg was born in Hudiksvall, Sweden.

6. What is Hans Vestberg’s educational background?

Hans Vestberg holds a Master of Science degree in Electrical Engineering from the Royal Institute of Technology in Stockholm, Sweden.

7. What is Hans Vestberg’s net worth?

As of 2022, Hans Vestberg’s estimated net worth is around $70 million.

8. How much does Hans Vestberg earn as Verizon’s CEO?

In 2021, Hans Vestberg’s total compensation as Verizon’s CEO was approximately $26.5 million, including salary, stock awards, and other forms of compensation.

9. What is Hans Vestberg’s salary as Verizon’s CEO?

Hans Vestberg’s base salary as Verizon’s CEO is $2 million per year.

10. What are some of Hans Vestberg’s notable achievements at Verizon?

Some of Hans Vestberg’s notable achievements as Verizon’s CEO include leading the company’s 5G network deployment, expanding Verizon’s global reach, and driving the company’s transformation into a technology and media company through strategic acquisitions like Yahoo and AOL.