Ray Ozzie Net Worth

Ray Ozzie Net Worth: What You Need to Know

Ray Ozzie is a well-known software entrepreneur and executive who has had a significant impact on the technology industry. He is best known for his work as the Chief Software Architect at Microsoft and the creation of Lotus Notes, which is credited with revolutionizing the email and communications industry. His personal net worth has been the subject of much interest in recent years, and this article will explore Ray Ozzie’s net worth, career, personal life, and legacy.

Net Worth and Salary

According to Celebrity Net Worth, Ray Ozzie’s net worth is estimated to be around $680 million. This places him among the wealthiest software executives in the world. His vast wealth has been accumulated through his involvement in several high-profile technology companies, including Microsoft, Lotus Development Corporation, and Groove Networks.

As a highly successful software entrepreneur, Ray Ozzie has received numerous awards and honors for his contributions to the industry. In 2000, he was inducted into the National Academy of Engineering for his pioneering work in software development, and in 2008 he was awarded the prestigious Edwin H. Land Medal by the Optical Society for his work in the field of information technology.

Early Life and Education

Ray Ozzie was born on November 20, 1955, in Chicago, Illinois. His father was a computer programmer, and his mother worked as a bookkeeper. Ozzie’s interest in computers began at a young age, and by the time he was in high school, he had already built his first computer.

After completing high school, Ozzie attended the University of Illinois at Urbana-Champaign, where he studied computer science. It was during this time that he first became interested in the emerging field of software development. After completing his degree, he began working for several small software companies before landing a job at Data General Corporation in 1979.

Career

In 1984, Ray Ozzie founded Iris Associates, a software company that would later develop Lotus Notes, one of the most popular email and collaboration tools in the world. In 1995, Iris Associates was acquired by Lotus Development Corporation, where Ozzie became the Chief Technical Officer.

In 2005, Ozzie announced that he would be leaving Lotus Development Corporation to start his own company, Groove Networks. Groove Networks developed software designed to help people collaborate and work together more efficiently. In 2008, Groove Networks was acquired by Microsoft, and Ozzie became the Chief Software Architect.

During his time at Microsoft, Ozzie was responsible for the development of several high-profile products, including Windows Azure, Microsoft’s cloud-based computing platform. In 2010, Ozzie announced that he would be leaving Microsoft to focus on developing a new technology for online collaboration.

Personal Life

Despite his immense wealth and success, Ray Ozzie has remained a private individual. He is married to his high school sweetheart, Dawn Ozzie, and they have three children together. Ozzie is known for his love of music and is an accomplished drummer.

Real Estate

Ray Ozzie owns several properties, including a mansion in Seattle, Washington, which he purchased for $6.85 million in 2001. The property is located on the shores of Lake Washington and features a private dock and boat lift.

Legacy

Ray Ozzie’s contributions to the software industry have been significant, and his legacy is likely to endure for many years to come. His creation of Lotus Notes is widely regarded as a groundbreaking achievement in the field of email and communications technology, and his work at Microsoft helped to create some of the most widely used software products in history.

FAQs

1) What is Ray Ozzie known for?

Ray Ozzie is best known for his work as the Chief Software Architect at Microsoft and as the founder of Iris Associates, which developed Lotus Notes, one of the most popular email and collaboration tools in the world.

2) How did Ray Ozzie make his money?

Ray Ozzie made his money through his involvement in several high-profile technology companies, including Microsoft, Lotus Development Corporation, and Groove Networks.

3) What is Ray Ozzie’s net worth?

According to Celebrity Net Worth, Ray Ozzie’s net worth is estimated to be around $680 million.

4) What awards has Ray Ozzie received?

Ray Ozzie has received numerous awards and honors for his contributions to the software industry, including induction into the National Academy of Engineering and the Edwin H. Land Medal.

5) What is Lotus Notes?

Lotus Notes is a popular email and collaboration tool developed by Iris Associates, which was founded by Ray Ozzie.

6) When did Ray Ozzie leave Microsoft?

Ray Ozzie left Microsoft in 2010 to focus on developing a new technology for online collaboration.

7) What is Groove Networks?

Groove Networks was a software company founded by Ray Ozzie that developed software designed to help people collaborate and work together more efficiently.

8) Is Ray Ozzie married?

Yes, Ray Ozzie is married to his high school sweetheart, Dawn Ozzie, and they have three children together.

9) What is Ray Ozzie’s favorite hobby?

Ray Ozzie is known for his love of music and is an accomplished drummer.

10) What properties does Ray Ozzie own?

Ray Ozzie owns several properties, including a mansion in Seattle, Washington, which he purchased for $6.85 million in 2001.

11) What is Windows Azure?

Windows Azure is Microsoft’s cloud-based computing platform, which was developed during Ray Ozzie’s time as the Chief Software Architect at the company.

12) What is Ray Ozzie’s role in the software industry today?

Ray Ozzie is currently working on a new technology for online collaboration, although details about the project are still scarce.