Reed Hastings is a well-known American entrepreneur best known as the CEO and co-founder of ‘Netflix.’ He is also a member of Facebook’s board of directors. Hastings is also a philanthropist who sits on the boards of a number of non-profit organizations. He is an education advocate and former member of the California State Board of Education.
Quick Facts
| Celebrated Name: | Reed Hastings |
|---|---|
| Real Name/Full Name: | Wilmot Reed Hastings Jr. |
| Gender: | Male |
| Age: | 61 years old |
| Birth Date: | 8 October 1960 |
| Birth Place: | Boston, Massachusetts, United States |
| Nationality: | American |
| Height: | 1.78 m |
| Weight: | 76 kg |
| Sexual Orientation: | Straight |
| Marital Status: | Married |
| Wife/Spouse (Name): | Patrician Ann Quillin |
| Children: | Yes (2 children) |
| Dating/Girlfriend (Name): |
N/A |
| Profession: | American entrepreneur and philanthropist |
| Net Worth in 2023: | $4 billion |
Reed Hastings Biography
Wilmot Reed Hastings, Jr. was born in Boston, Massachusetts on October 8, 1960, to Wilmot Reed Hastings and Joan Amory Hastings.
He graduated from Buckingham Browne & Nichols High School and then joined the Marine Corps. Hastings attended Bowdoin College before joining the Peace Corps and becoming a math teacher in Swaziland in 1983. He received his master’s degree in computer science from Stanford University in 1988.
Reed Hastings’s Age, Height, Weight
Reed Hastings was born on October 8, 1960, and will be 61 years old on July 6, 2022. His height is 1.78 m and he weighs 76 kg.
Career
Reed Hastings began his career as an Adaptive Technology software developer. He used to work for Audrey MacLean there. He resigned from his position in 1991. After that, he co-founded the company ‘Pure Software’ with Mark Box and Raymond Peck. The company used to make software and has grown significantly over the years.
Hastings was appointed CEO of Pure Software. The company merged with Atria in 1996 to form Pure Atria Corporation. Rational Software purchased it in 1997.
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Reed Hastings, along with Marc Randolph, co-founded Netflix in 1997. Netflix used to offer media rental by mail to customers in the United States as part of its media rental service. It began DVD operations in 1998. The company quickly expanded and became a globally recognized brand. As of 2015, the company had over 65 million subscribers.
From 2007 to 2012, Hastings served on the board of Microsoft. In June 2011, he was appointed to Facebook’s board of directors. He was the CEO of the ‘Technology Network,’ a political network of business executives.
Achievements and Awards
Reed Hastings’ founding of Netflix is one of his most notable career accomplishments. He also co-founded Pure Software with great success. Reed Hastings received the Henry Crown Leadership Award in 2014 for his contributions to philanthropy and entrepreneurial achievements.
Reed Hastings’ Net Worth in 2023
Reed Hastings’ net worth is estimated to be more than $4 billion as of July 2023. He amassed this fortune through his entrepreneurial career. He co-founded the successful companies Pure Software’ and ‘Netflix.’ Today, the company has grown into a major Internet television provider, and he also owns more than $10 million in Facebook stock. Beginning in 2007, his company Netflix began streaming movies from television to computers. Hastings amassed this fortune after his company went public and the value of its shares increased.
Reed Hastings is widely regarded as one of the world’s most successful entrepreneurs. He was successful in establishing Netflix. He has also participated in various political activism and serves on the California State Board of Education. He is an active educational activist, and his popularity has led to his inclusion in the FACES: TECH project. Reed Hastings made the front page of USA Today in 1995. He has given millions of dollars to various organizations, primarily in the education sector.
Reed Hastings Wife, Marriage
Reed Hastings and Patricia Ann Quillin have married. They have two children with each other. He lives in the San Francisco Bay Area with his family.
In 2009, he contributed more than $250,000 to Budget Reform Now. Hastings donated $1 million to Beacon Education Network in 2006 to help open new charter schools throughout Santa Cruz County.
