Age, Biography and Wiki

Tom Alberg was born on 12 February, 1940 in San Francisco, California, U.S., is an American lawyer and businessman (1940–2022). Discover Tom Alberg'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 82 years old?

Popular As N/A
Occupation Founder and managing partner of Madrona Venture Group
Age 82 years old
Zodiac Sign Aquarius
Born 12 February, 1940
Birthday 12 February
Birthplace San Francisco, California, U.S.
Date of death 5 August, 2022
Died Place N/A
Nationality United States

We recommend you to check the complete list of Famous People born on 12 February. He is a member of famous lawyer with the age 82 years old group.

Tom Alberg Height, Weight & Measurements

At 82 years old, Tom Alberg height not available right now. We will update Tom Alberg'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 Tom Alberg's Wife?

His wife is Mary Ann Johnke (m. 1963-1989) Judy Beck (m. 1989)

Family
Parents Not Available
Wife Mary Ann Johnke (m. 1963-1989) Judy Beck (m. 1989)
Sibling Not Available
Children 5

Tom Alberg Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Tom Alberg worth at the age of 82 years old? Tom Alberg’s income source is mostly from being a successful lawyer. He is from United States. We have estimated Tom Alberg's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income lawyer

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Timeline

1940

Thomas Austin Alberg (February 12, 1940 – August 5, 2022) was an American lawyer and businessman, founder and managing partner of the venture capital firm Madrona Venture Group, and a director of Amazon.com from 1996 to 2019.

In addition to investing in many high tech startups, he was one of the earliest investors in Amazon.

At Madrona, some of Alberg's investments included Impinj, a RFID technology start-up, online real estate brokerage Redfin, business management as-a-service provider Apptio and Isilon Systems, a storage software provider which was later acquired by the Emc Corporation.

Alberg was born on February 12, 1940, in San Francisco, California, the son of Thomas Alberg and Miriam Twitchell Alberg.

His grandfather had immigrated from Sweden.

Alberg grew up in Seattle, Washington where he attended Ballard High School.

1962

During this time he also worked at the family farm in Carnation. He studied at Harvard University, where he received a BA in International Affairs in 1962.

1963

Alberg married Mary Ann Johnke, a physics professor, in 1963.

The couple had three children.

1965

He then studied at Columbia Law School, where he received a JD degree in 1965.

Alberg started his career in 1965 with Cravath, Swaine & Moore, a New York–based law firm, after graduating from Columbia.

1967

He returned to Seattle in 1967 and joined Perkins Coie, a law firm based in the city.

He went on to become the chair of the executive committee and served Boeing, Alaska Airlines, and other clients in the high-tech industry.

During his time with the firm, he led the shift from public offerings toward private investments and venture capital, helping the firm focus on the emerging technology companies in the region.

His work with Advanced Technology Labs, an ultrasound imaging technology company was a step in this direction.

1989

The marriage ended in a divorce in 1989.

He married Judi Beck the same year and remained married until his death.

1990

He joined McCaw Cellular in 1990 as an executive vice president, having been recruited by the then chairman Craig McCaw.

In the mid-1990s, he quit McCaw after it was acquired by AT&T.

1995

After acting as an advisor to the board and being part of the negotiating team during this time, he quit the combined entity in 1995.

He then partnered with William Ruckelshaus, who had earlier served as the administrator of the Environmental Protection Agency, to form Madrona Venture Group, a venture capital firm headquartered in Seattle.

Some of the investments by Madrona included Impinj, a RFID technology start-up, online real estate brokerage Redfin, business management as-a-service provider Apptio and Isilon Systems, a storage software provider which was later acquired by the Emc Corporation.

Alberg was noted for his association with Jeff Bezos and Amazon, where he was one of the earliest investors after being introduced to Bezos in 1995 by a friend.

While he loved physical bookstores, it is noted that he was convinced by Bezos' online store after he failed to find a book by management consultant Peter Drucker in his neighborhood bookstore.

He started with an investment of $50,000 in the company and partnered in convincing twenty-two other investors to raise a total of $1 million.

The other early investors included both Bezos' parents and Alberg's parents.

1996

Alberg joined the company's board in 1996, and by mid-1999, he was noted to have made at least $21 million on the investment.

2009

Alberg was made a member of then-US President Barack Obama's National Advisory Council on Innovation and Entrepreneurship in 2009.

2010

In the late 2010s and early 2020s, Alberg shifted his focus toward urban planning, and tackling the problem of homelessness and affordable housing.

During this period, he also wrote his book Flywheels: How Cities Are Creating Their Own Futures (2021), which focused on Seattle's technology-led urban renaissance and how it can serve as a template for other cities seeking to emerge as innovation hubs.

Alberg was an investor in local journalism efforts focused in the Pacific Northwest including Seattle Weekly's Eastside Week and The New Pacific.

Crosscut, an online news website that he started with venture capitalist David Brewster later merged with KCTS 9 to form the non profit Cascade Public Media.

2015

In 2015, Alberg received the Lifetime Achievement Award at Seattle Business Magazine's Tech Impact Awards.

His work with Madrona Venture Group and Amazon.com were noted.

Alberg also helped start the Paul G. Allen School of Computer Science and Engineering at the University of Washington and also worked with former Washington state governor Christine Gregoire to set up Challenge Seattle, a non-profit that allowed business and technology leaders to contribute towards solving civic issues in the region.

2019

He stepped down from the board in 2019 after serving for 23 years.

Alberg set up Oxbow Farms, a conservation center spread over 240 acres along the Snoqualmie River on land that was handed down to him by his father in Carnation, Washington.

The non-profit organization focused on sustainable agriculture methods for growing food.

He also was the founder of Novelty Hill Winery in Woodinville, Washington which he founded with winemaker Mike Januik.

He also owned a vineyard in Royal City, Washington.