Reid Hoffman, an American internet entrepreneur and venture capitalist, has a net worth of $3 billion.
The online social network LinkedIn was founded by Reid Hoffman, who is his most well-known co-founder.
He played a role in founding Inflection AI, an AI software company, and is currently a partner at Greylock Partners, a venture capital firm, and a frequent angel investor.
Prior to LinkedIn, Reid was a high-ranking executive at PayPal, eventually becoming an Executive Vice President.
Hoffman’s duties at PayPal encompassed all external relationships, such as infrastructure, business development, international, government, and legal matters.
He was a key figure in the company’s acquisition by eBay and oversaw partnerships with Intuit, Visa, MasterCard, and Wells Fargo.
Hoffman was the founder of SocialNet, which was considered the first online social network, before he transferred to PayPal in 1998.
He was among the first investors in Zynga, the gaming company owned by his friend Mark Pincus.