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  • Monday, 23 December 2024

John McAfees net worth: How much was he worth at death?

John McAfees net worth: How much was he worth at death?

John McAfees net worth: How much was he worth at death?

John McAfee's net worth: How much was he worth at death?

Technology entrepreneur John McAfee lost his life by suicide

on June 23, 2021. The renowned guru was the world's largest

anti-virus company designer and made tons of money

through this idea and other business ventures. Netizens have

been curious to discover what John McAfee's net worth was

at his death.

John David McAfee. : @RickEMartin

John McAfee's net worth has sparked global interest, with

many people wondering what his financial status was and the

assets he left behind. But, unfortunately, John faced

numerous controversies and accusations levelled against him

throughout his life.

Who is the founder of McAfee?

If you are a Personal Computer (PC) owner, you must be

familiar with the McAfee anti-virus. Lots of netizens have

been wondering who founded the company. The million-dollar

company, McAfee Associates, was founded by John David

McAfee, a British-born technopreneur, in 1987.

He became its CEO and raked in a pretty penny from this

venture. Eight months after starting, he had $10 million in the

bank.

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The company had a unique business strategy whereby they

gave the product free and billed clients for technical support

and upgrades. John served as the McAfee CEO until 1994

when he resigned. In the same year, he got bored with the

software business and sold his entire stake in the company.

How much did McAfee sell McAfee for? The British tech guru

sold his entire stock holding for $100 million. Intel later

acquired the company for a whopping $7 billion.

John McAfee's net worth

After selling his company, John had an estimated worth of

$100 million. Besides the antivirus company, he also started

companies like Tribal Voice, QuorumEx, and Future Tense

Central. However, he ended up selling off most of them at

huge profits.

After John David left McAfee, he sought to increase his asset

base. He purchased a five-acre oceanfront mansion in Hawaii,

a 10-person Cessna private jet, and a 157-acre ranch in New

Mexico, which contained a 35-seater movie theatre. The

technopreneur also owned dozens of luxury cars .

John McAfee: Anti-Virus Software Developer Found Dead in

Prison Cell

What's more, John poured $25 million into establishing a

10,000 square foot, 280-acre estate in Colorado, which

became his primary residence. To diversify his investments,

the techie purchased Lehman Brothers bonds worth millions

of dollars. Unfortunately, Lehman Brothers declared

bankruptcy in October 2008, making McAfee's investment

valueless.

In 2001, the McAfee founder published the book Into the Heart

of Truth: The Spirit of Relational Yoga. The British businessman

provides drills to help the reader develop in-depth self-

awareness and discusses yoga 's history.

Tough financial times

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