Net Worth and Personal Life
| Category | Information |
|---|---|
| Net Worth | $20 million |
| Salary | N/A |
| Birthdate | 1964 |
| Birthplace | Charlottesville, Virginia |
| Gender | Male |
| Height | N/A |
| Profession | Technology Entrepreneur |
| Nationality | American |
Halsey Minor is an American technology entrepreneur with a net worth of $20 million. He was born in 1964 in Charlottesville, Virginia. Minor gained recognition for his entrepreneurial endeavors in the field of technology, particularly as the founder of CNET, a well-known media company. Alongside his professional achievements, Minor has also faced financial challenges, including a bankruptcy filing in 2013. However, his contributions to the tech industry and his successful ventures have contributed to his overall net worth.
Highlights
– Halsey Minor has a net worth of $20 million.
– He founded CNET and held an 11% stake valued at $180 million in 1997.
– CNET was later acquired by CBS for $1.8 billion, earning him $200 million from the sale.
– Minor filed for Chapter 7 bankruptcy in 2013, citing significant personal debts.
– He is actively involved in start-ups and technology, as well as being an art collector and horse-racing enthusiast.
Early Life and Education
Halsey Minor was born in Charlottesville, Virginia, in 1964. He pursued his education at the University of Virginia, where he earned a degree in Anthropology. Although his academic background was not directly related to technology or business, it laid the foundation for his future endeavors. Minor’s passion for technology and entrepreneurship led him to establish his own company in 1993, setting him on a path of success and innovation.
Career
Halsey Minor’s most notable career achievement was the founding of CNET, a prominent media company that focused on technology and the internet. In 1997, Minor held an 11% stake in CNET, which amounted to $180 million. He played a critical role in the company’s growth and success for seven years before deciding to explore other interests.
After leaving CNET, Minor continued his entrepreneurial journey by establishing Minor Ventures, a venture capital firm that aimed to support and fund start-ups. He also founded Vignette Software and Snap/NBCi, expanding his influence in the technology industry. Moreover, Minor became an early and significant investor in Salesforce.com, a company that played a crucial role in the advancement of cloud computing.
Despite his achievements, Minor faced financial obstacles. He filed for Chapter 7 bankruptcy in 2013, attributing the loss of his fortune to ill-fated real estate deals, excessive spending on legal disputes, artwork, and horse breeding.
Personal Life
Apart from his professional pursuits, Halsey Minor has shown a keen interest in the arts and horse racing. He is an avid collector of fine art and an ardent fan of horse racing. Minor’s involvement in these areas reflects his diverse range of passions outside of the technology and business realms.
Net Worth Over Time
During his tenure at CNET, Halsey Minor witnessed significant growth in his net worth. In 1997, his 11% stake in CNET was valued at $180 million. The value of his stake peaked at nearly $500 million during the dot-com boom in 2000. When CNET was acquired by CBS in 2008, Minor made $200 million from the sale. However, subsequent financial challenges, including the bankruptcy filing in 2013, impacted his net worth.
Components of Net Worth
Halsey Minor’s net worth primarily consists of his investments and ventures in the technology and media industry. His successful founding of CNET and subsequent involvement in companies such as Vignette Software and Snap/NBCi contributed significantly to his fortune. Additionally, his early investment in Salesforce.com allowed him to benefit from the growth of cloud computing. However, financial setbacks, including bankruptcy and over-spending on various personal interests, led to a decrease in his net worth over time.
Disclaimer: The net worth mentioned above is based on publicly available information and estimates. While efforts have been made to ensure accuracy, the figures may vary. Corrections and additional information are always welcome.