Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

#216 Gordon Moore $7.16B

Random fact: Studied chemistry at University of California in Berkeley.

Overview

Moore co-founded Intel, the world's largest supplier of semiconductor chips. The Santa Clara, California-based company manufactures Pentium, Atom and Itanium brand microprocessors, and had revenue of $59 billion in 2016. He's the author of Moore's Law, which predicted that computing power would double every year.

As of July 23, 2017:
Last change -$3.26M (-0.1%)
YTD change -$102M (-1.4%)
Industry Technology
Biggest asset INTC US Equity
Citizenship United States
Age 88
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Gordon Moore's net worth of $7.16B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
0%
of the total wealth of the 500 richest people in the world
0%
of the top 100 U.S. college endowments
0%
of the top 200 U.S. executives’ total awarded compensation
0%
of U.S. existing home sales
0
times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Moore's wealth is derived from his stake in Intel, the company he co-founded in 1968 with Robert Noyce. Moore owned 172.9 million shares of the chip manufacturer, according to the company's 2006 proxy statement, the last time his name appears in Intel regulatory filings. In the years leading up to that, the billionaire rarely sold stock. He donated about 1 million shares a year between 1999 and 2006. Bloomberg's analysis calculates that Moore has maintained a similar pace of divestiture since then, and credits him with about 163 million shares. Intel is the world's largest semiconductor supplier, according to an IC Insights report in May 2017.

Moore has collected more than $1.3 billion in dividends since Intel's initial public offering in 1971. He also owned more than 3 million shares of Gilead Sciences before stepping down as a director in 2013.

His main charitable vehicle, the Gordon and Betty Moore Foundation, which isn't included in his net worth calculation, had net assets of $6.5 billion as of Dec. 31, 2015, according to its website.

Biography

Birthdate: 1/3/1929
Family: Married, 2 children
Education: 1954, California Institute of Technology, PhD 1950, Chemistry, University of California Berkeley, Bachelor's Degree

Gordon Earle Moore was born in San Francisco in 1929. He graduated with degrees in chemistry and physics from the University of California at Berkeley and the California Institute of Technology, and began working for Shockley Semiconductor Laboratory, one of the first companies to make transistors for computers. The founder of the company, William Shockley, was a Noble-prize winner who helped invent the transistor.

Discontent at the company led to a falling out between Shockley and the eight young scientists he hired to help run the company. The group, which came to be known as the "traitorous eight," left Shockley in 1957 and started their own company, Fairchild Semiconductor. The business became an incubator for much of the talent that would sprout in Silicon Valley.

Moore left Fairchild in 1968 to found Intel with Robert Noyce, another former employee of Shockley. Intel would grow into one of the largest computer-chip manufacturers in the world.

The billionaire is best known for his observation in 1965 that predicted the number of transistors that could fit on a circuit would double every two years. Moore's Law, as it became known, mostly held true in the four decades after it was published.

Moore conducts much of his philanthropy through the Gordon and Betty Moore Foundation. Among his many gifts was a $600 million donation to the California Institute of Technology, the largest ever to an academic institution. He committed to donate more than half his wealth to philanthropy in 2012.

Milestones
  • 1929 Gordon Earle Moore is born in San Francisco.
  • 1950 Graduates from the University of California in Berkeley.
  • 1954 Receives science doctorates at the California Institute of Technology.
  • 1956 Begins working at Shockley Semiconductor for William Shockley.
  • 1968 Co-founds Intel with Robert Noyce, one of the "traitorous eight."
  • 1975 Predicts computing power will double every two years.
  • 2000 Establishes the Gordon and Betty Moore Foundation.
  • 2002 Receives the Medal of Freedom from President George W. Bush.