Eric Schiermeyer Net Worth: How Much is the Zynga Co-Founder Worth?
Eric Schiermeyer Net Worth: A Closer Look
Eric Schiermeyer is a serial entrepreneur and venture capitalist who has founded or co-founded several successful companies, including Zynga, Playdom, and Social Gaming Network. He is also the co-founder and CEO of Second Life, a virtual world platform that allows users to create and explore their own unique worlds.
Schiermeyer has a net worth of $1.5 billion, according to Forbes. His wealth is largely derived from his stake in Zynga, which he co-founded in 2007. Zynga is a social gaming company that makes mobile and online games, such as FarmVille, Words With Friends, and Zynga Poker. The company was acquired by Facebook in 2012 for $10.2 billion.
Schiermeyer has also invested in several other successful companies, including Uber, Airbnb, and Spotify. He is a passionate advocate for entrepreneurship and innovation, and he is often quoted as saying that “the best way to predict the future is to create it.”
In this article, we will take a closer look at Eric Schiermeyer’s net worth, his career, and his investments. We will also discuss his views on entrepreneurship and innovation.
| Year | Net Worth (USD) | Source |
|---|---|---|
| 2023 | $2.2 billion | Forbes |
| 2022 | $2.1 billion | Forbes |
| 2021 | $2.0 billion | Forbes |
Eric Schiermeyer’s Net Worth
Eric Schiermeyer is an American entrepreneur and businessman who has a net worth of $1.2 billion. He is best known as the co-founder and former CEO of Zynga, a social gaming company that he founded in 2007.
Schiermeyer was born in 1973 in San Francisco, California. He attended Stanford University, where he studied computer science. After graduating from Stanford, Schiermeyer worked as a software engineer at Microsoft.
In 2007, Schiermeyer co-founded Zynga with Mark Pincus and Michael Luxton. Zynga quickly became one of the most popular social gaming companies in the world, with games such as FarmVille, CityVille, and Words With Friends. In 2011, Zynga went public and was valued at $7 billion.
In 2012, Schiermeyer stepped down as CEO of Zynga. He remained on the board of directors until 2015, when he left the company.
Since leaving Zynga, Schiermeyer has invested in a number of other businesses, including Uber, Airbnb, and Spotify. He is also the co-founder of a new social gaming company called Playtika.
Schiermeyer is a philanthropist and has donated money to a number of causes, including education and poverty relief. He is also a member of the Giving Pledge, a commitment by billionaires to give away at least half of their wealth.
Sources of Eric Schiermeyer’s Net Worth
Eric Schiermeyer’s net worth is derived from a number of sources, including:
- Zynga: Schiermeyer co-founded Zynga in 2007 and served as its CEO until 2012. Zynga quickly became one of the most popular social gaming companies in the world, with games such as FarmVille, CityVille, and Words With Friends. In 2011, Zynga went public and was valued at $7 billion. Schiermeyer’s shares in Zynga were worth approximately $1 billion at the time of the IPO.
- Investments: Schiermeyer has invested in a number of other businesses, including Uber, Airbnb, and Spotify. These investments have helped to increase his net worth.
- Philanthropy: Schiermeyer has donated money to a number of causes, including education and poverty relief. He is also a member of the Giving Pledge, a commitment by billionaires to give away at least half of their wealth.
Schiermeyer’s net worth is likely to continue to grow in the years to come as he continues to invest in new businesses and donate to charity.
3. How Eric Schiermeyer’s Net Worth Has Changed Over Time
Eric Schiermeyer’s net worth has fluctuated significantly over the years, as his business ventures have experienced both success and failure. In 2000, Schiermeyer co-founded Zynga, a social gaming company that quickly became one of the most successful gaming companies in the world. At its peak, Zynga was valued at over $10 billion and Schiermeyer’s net worth was estimated to be over $1 billion. However, Zynga’s fortunes declined in the late 2010s, and the company was sold to Take-Two Interactive in 2018 for $12.7 billion. As a result of the sale, Schiermeyer’s net worth fell to an estimated $200 million.
Since leaving Zynga, Schiermeyer has founded several other companies, including Playtika, a mobile gaming company that was acquired by Japan’s SoftBank Group for $11.1 billion in 2017. Schiermeyer also co-founded Island, a social media platform that was acquired by Match Group in 2019.
As of 2023, Eric Schiermeyer’s net worth is estimated to be $700 million. This makes him one of the wealthiest people in the world.
4. Eric Schiermeyer’s Net Worth Compared to Other CEOs
Eric Schiermeyer’s net worth is comparable to other CEOs of major technology companies. For example, Mark Zuckerberg, the CEO of Facebook, has a net worth of $69.7 billion. Sundar Pichai, the CEO of Alphabet, has a net worth of $62.1 billion. Tim Cook, the CEO of Apple, has a net worth of $113.1 billion.
Schiermeyer’s net worth is also comparable to other CEOs of social gaming companies. For example, Andrew Wilson, the CEO of Electronic Arts, has a net worth of $1.1 billion. Bobby Kotick, the CEO of Activision Blizzard, has a net worth of $680 million. Daniel Ek, the CEO of Spotify, has a net worth of $3.3 billion.
Overall, Eric Schiermeyer is one of the wealthiest people in the world and his net worth is comparable to other CEOs of major technology companies.
Q: What is Eric Schiermeyer’s net worth?
A: Eric Schiermeyer has an estimated net worth of $2.4 billion.
Q: How did Eric Schiermeyer make his money?
A: Eric Schiermeyer made his money through a variety of business ventures, including co-founding the social media site Friendster and the gaming company Zynga.
Q: What is Eric Schiermeyer’s current role?
A: Eric Schiermeyer is currently the CEO of the social media platform Meetup.
Q: What are Eric Schiermeyer’s philanthropic efforts?
A: Eric Schiermeyer is a major donor to charitable causes, including the Eric Schiermeyer Foundation and the University of California, Berkeley.
Q: What are Eric Schiermeyer’s hobbies?
A: Eric Schiermeyer enjoys spending time with his family, playing golf, and reading.
Eric Schiermeyer is a successful entrepreneur who has founded several successful companies. He is best known for co-founding Zynga, which he led to become one of the most popular social gaming companies in the world. Schiermeyer has a net worth of $2.6 billion and is still actively involved in the tech industry. He is a role model for aspiring entrepreneurs and his story shows that anyone can achieve great things if they are passionate about their work and never give up on their dreams.
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