Age, Biography and Wiki
Tim Draper (Timothy Cook Draper) was born on 11 June, 1958 in East Chicago, Indiana, U.S., is an American businessman. Discover Tim Draper's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 65 years old?
Popular As |
Timothy Cook Draper |
Occupation |
Venture capitalist |
Age |
65 years old |
Zodiac Sign |
Gemini |
Born |
11 June, 1958 |
Birthday |
11 June |
Birthplace |
East Chicago, Indiana, U.S. |
Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 11 June.
He is a member of famous businessman with the age 65 years old group. He one of the Richest businessman who was born in United States.
Tim Draper Height, Weight & Measurements
At 65 years old, Tim Draper height not available right now. We will update Tim Draper's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Tim Draper's Wife?
His wife is Melissa Parker
Family |
Parents |
Not Available |
Wife |
Melissa Parker |
Sibling |
Not Available |
Children |
4, including Jesse |
Tim Draper Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Tim Draper worth at the age of 65 years old? Tim Draper’s income source is mostly from being a successful businessman. He is from United States. We have estimated Tim Draper's net worth, money, salary, income, and assets.
Net worth |
Estimated US$1 billion |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
businessman |
Tim Draper Social Network
Timeline
Timothy Cook Draper (born June 11, 1958) is an American venture capital investor, and founder of Draper Fisher Jurvetson (DFJ), Draper University, Draper Venture Network, Draper Associates and Draper Goren Holm.
His most prominent investments include Baidu, Hotmail, Skype, Tesla, SpaceX, AngelList, SolarCity, Ring, Twitter, DocuSign, Coinbase, Robinhood, Ancestry.com, Twitch, Cruise Automation, PrettyLitter and Focus Media.
His grandfather, William Henry Draper Jr., founded Draper, Gaither and Anderson in 1958 and served as the first ambassador to NATO.
Draper attended Phillips Academy Andover before matriculating to Stanford University, where he graduated with a BS in electrical engineering in 1980.
He later earned an MBA from Harvard Business School in 1984.
While at Stanford, Draper interned at Hewlett-Packard as a marketing engineer.
Draper made national headlines as a student when he created the popular campus board game "Stanford - The Game" alongside Heidi Roizen, who was a student at the Stanford Graduate School of Business at the time.
In 1985, Draper left the investment bank Alex. Brown & Sons to start his own venture capital firm.
Draper and Jurvetson then coined the term "viral marketing", though the neologism itself is documented as early as a 1989 edition of PC User.
Draper was the first Silicon Valley venture capitalist to invest in China through the global fund DFJ ePlanet.
Former colleague John H.N. Fisher became a partner in 1991, and business student Steve Jurvetson became the third partner in the firm in 1994.
Draper invested in Jack Smith and Sabeer Bhatia, who presented him with their company, Hotmail.
While numerous publications intimate that he "invented viral marketing" in 1996, this major acclaim was his early support for the founders, due to his idea of automatically attaching a brief advertising message to the bottom of outgoing Hotmail emails.
In 2001, Draper negotiated with CEO Robin Li of Baidu to buy 28% of the company on behalf of ePlanet for USD $9 million (~$ in ).
Draper's father, Bill Draper, was an early investor in Skype, and DFJ backed Skype in 2004.
The company owned 10% of Skype in 2005 when it was sold to eBay for US$4.1 billion (~$ in ).
In 2006, Draper through DFJ was an investor in the Series C venture round of Tesla.
Draper and Niklas Zennström appeared in the first Skype video together in 2007 at Stanford University.
In 2007, Draper again invested in Tesla's Series D venture round through Draper Associates.
In July 2014, Draper received wide coverage for his purchase at a US Marshals Service auction of seized bitcoins from the Silk Road website.
Draper is a proponent of Bitcoin and decentralization.
Draper was also one of the first investors in Theranos.
Draper is the third in a familial line of venture capitalists and government officials.
His father is the founder of Draper & Johnson Investment Company and former chairman and president of the Export-Import Bank of the United States.
On June 27, 2014, Draper paid about US$19 million (~$ in ) for nearly 30,000 bitcoins which had been seized from the Silk Road by the US Marshals service and auctioned to the public.
On September 23, 2014, Draper told Fox Business that he predicted that one bitcoin would reach $10,000 "in three years"; on January 27, 2015, Draper wagered about $400,000 (which is 2000 bitcoins with $200 price) that the bitcoin will rebound from a recent plunge.
The price of a bitcoin crossed $10,000 (~$ in ) on November 29, 2017.
On April 21, 2018, Draper predicted during an Intelligence Squared debate that "In five years you are going to try to go buy coffee with fiat currency and they are going to laugh at you because you're not using crypto."
In 2018, after the SEC had already charged Holmes, Draper continued to defend her, saying that she had been "bullied into submission".
Draper's recent investments include Robinhood (company), Coinbase, eShares, Tezos, DefiMoneyMarket, and OpenGov.
Draper's recent investments are centered around companies who use artificial intelligence, Bitcoin, blockchain, smart contracts, and computational genomics to apply to industries like finance, health care, and government.
Draper played several sports from a young age, including tennis, baseball and basketball.
At a height of 193.0 cm (6 ft 4 in), Draper continues to play basketball several times a week with a regular group of players including his son, Adam Draper.
Three of Draper's children also have venture funds.
In December 2019, he predicted that bitcoin would reach US$250,000 by the end of 2022.
After funding Twitch, which was sold to Amazon for $1 billion, Kyle Vogt, a founder of Twitch, took Draper for a ride in the Cruise Automation self-driving car.
After nearly crashing, Draper funded Cruise.
Cruise went on to be sold to General Motors for $1 billion as well.
Draper was one of the first investors in the blood testing startup Theranos, whose founder Elizabeth Holmes was later charged by the SEC with committing massive fraud.