How Did Henry Samueli Make His Money?

Henry Samueli’s Profile Summary

Company	Broadcom Corporation
Position	Chairman
Source of wealth	Semiconductor Industry
Also known as	Henry Samueli
Age	70
Education	Ph.D. in Electrical Engineering
Citizenship	USA
Residence	Newport Beach, California, USA
Family	Married, three children
Website, Social Media	Samueli Foundation: samueli.org

Henry Samueli’s biography

Henry Samueli, born on September 20, 1954, in Buffalo, New York, is an American engineer, entrepreneur, and philanthropist. Raised in Los Angeles by Jewish immigrant parents, he developed an early interest in electronics, building a Heathkit radio in seventh grade, which sparked his passion for electrical engineering.

Samueli pursued his education at the University of California, Los Angeles (UCLA), earning bachelor's, master's, and Ph.D. degrees in electrical engineering. He joined UCLA's faculty, focusing on research in broadband communications circuits. In 1991, he co-founded Broadcom Corporation with his student, Henry T. Nicholas III, operating initially from a condominium in Redondo Beach, California.
Under Samueli's leadership, Broadcom became a global leader in semiconductor solutions, significantly influencing the broadband communications industry. Beyond his role at Broadcom, he is the owner of the Anaheim Ducks, a National Hockey League team, and is known for his substantial philanthropic contributions, particularly in education and healthcare through the Samueli Foundation.

Samueli has received numerous accolades, including election to the National Academy of Engineering and the American Academy of Arts and Sciences. He holds over 75 U.S. patents and has published extensively in his field. As of December 2024, Forbes estimates his net worth at $25.3 billion, ranking him among the wealthiest individuals globally.

Residing in Newport Beach, California, with his wife, Susan, Samueli continues to influence the technology sector and actively engages in philanthropic endeavors, reflecting his commitment to innovation and community development.

How did Henry Samueli make money?
Henry Samueli made his fortune by co-founding Broadcom Corporation in 1991. With a Ph.D. in electrical engineering and years of experience as a professor at UCLA, Samueli partnered with his former student, Henry T. Nicholas III, to start the company. Initially operating out of a condominium in Redondo Beach, California, Broadcom focused on creating integrated circuits for broadband communication, a burgeoning technology sector at the time.

Broadcom’s innovative products, particularly its chipsets for cable modems, Ethernet, and Wi-Fi, helped drive the rapid adoption of broadband internet. The company's breakthrough came with the launch of the CMOS (complementary metal-oxide-semiconductor) chip, which revolutionized broadband communication by making devices faster and more energy-efficient. This innovation propelled Broadcom to the forefront of the semiconductor industry.

The company went public in 1998, raising $63.5 million in its initial public offering. Over the years, Broadcom continued to grow through strategic acquisitions and the development of cutting-edge technologies for smartphones, networking equipment, and digital entertainment devices. By 2016, Broadcom was acquired by Avago Technologies for $37 billion, creating one of the world's largest semiconductor companies.

Samueli's wealth primarily comes from his substantial ownership stake in Broadcom and his role in its success. He has also diversified his investments, including owning the Anaheim Ducks hockey team and supporting philanthropic initiatives through the Samueli Foundation, which focuses on education, health, and community development.
What is Henry Samueli net worth?

As of 2025, Henry Samueli’s net worth is estimated to be $24.3 B.

What is Henry Samueli also known as?

Henry Samueli is recognized as a prominent figure in the technology industry, known for co-founding Broadcom Corporation and his contributions to semiconductor technology. He is also known for his ownership of the Anaheim Ducks and his philanthropic efforts through the Samueli Foundation.

Prominent achievements of Henry Samueli

Henry Samueli co-founded Broadcom Corporation, leading it to become a global semiconductor industry leader. He has been elected to the National Academy of Engineering and the American Academy of Arts and Sciences, holds over 75 U.S. patents, and is recognized for his philanthropic contributions through the Samueli Foundation.

What are Henry Samueli’s key insights?

Henry Samueli emphasizes innovation, integrity, and a commitment to advancing technology to improve society. He believes in fostering a collaborative work environment and investing in research and development to drive progress in the semiconductor industry.

Henry Samueli’s personal life

Henry Samueli is married to Susan Samueli, and together they have three children. The family is known for their philanthropic endeavors, particularly through the Samueli Foundation, which supports education, health, and community initiatives.