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.
5 Kenyan family business empires that crumbled and lessons
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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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