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David Cheriton

David Cheriton

D. Cheriton
1.18% | + $253.99M
$21.78 B ₹ 1.98 Lk Cr
Real Time Net Worth #110 Ranking as of 21 Feb 2026 By Forbes

More on David Cheriton

Gender

Male

Age

74Y

Country

Canada

Born On

March, 1951

Deceased

No

Relationship Status

Divorced

Children

4

Education

University Of Waterloo - PhD In Computer Science

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Investments)

Primary Organization

Stanford University

Titles

Professor Emeritus

Sources of Wealth

Google

Industry

Technology, Investments, Venture Capital

About David Cheriton


D avid Cheriton is a Canadian computer scientist, mathematician, and billionaire venture capitalist. He is a tenured professor emeritus at Stanford University in the computer science department, where he has mentored numerous successful students and founded several companies. He is most famous for his incredible foresight in writing one of the very first checks to Google.

In 1998, two of his PhD students at Stanford, Larry Page and Sergey Brin, came to him with their idea for a new search engine. Cheriton, along with Andy Bechtolsheim, wrote a seed-stage check for $100,000 to the two founders. This single investment in the fledgling company, then called Google, has since grown into a multi-billion dollar fortune. Despite his immense wealth, Cheriton is famously frugal, known for his simple lifestyle. He has continued to be an active academic and an investor in other technology startups.

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Quick Reads


  • A computer science professor at Stanford University.
  • Became a billionaire by being one of the first two seed investors in Google.
  • He wrote a $100,000 check to Larry Page and Sergey Brin in 1998.
  • He is known for his famously frugal lifestyle despite his vast wealth.
  • Has founded and invested in numerous other technology companies.

Early Life and Background


David Ross Cheriton is a Canadian computer scientist, professor, and self-made billionaire whose fortune is rooted in his early, strategic investments in the technology sector. Born in Vancouver, B.C., in 1951, his intellectual path was clear: after being rejected by the music program at the University of Alberta, he pursued a career in mathematics and computer science, graduating with a B.S. from the University of British Columbia (1973) and securing a Ph.D. in Computer Science from the University of Waterloo (1978).

His career is defined by academia and technical innovation: he is a long-time Computer Science Professor at Stanford University, where he founded the Distributed Systems Group. His technical expertise in distributed computing and computer networking positioned him to recognize and fund groundbreaking ideas long before the venture capital world caught on.

Career Journey of David Cheriton


David Cheriton's financial success is built on his unparalleled ability to commercialize cutting-edge computer science research. In 1996, he co-founded Granite Systems with Andy Bechtolsheim, developing gigabit Ethernet products. The company was quickly acquired by Cisco Systems, providing Cheriton with his first major exit and capital.

The pivotal moment that secured his massive fortune occurred in August 1998 on his front porch. His former students, Sergey Brin and Larry Page, met with Bechtolsheim to discuss their new search engine. Bechtolsheim wrote the first check, and Cheriton immediately joined as an angel investor with a $200,000 investment in Google. This investment alone made him a multi-billionaire. He later co-founded Arista Networks (2004), a high-speed networking company, and has maintained a reputation for a frugal lifestyle, famously being included on a list of cheapskate billionaires, often avoiding costly cars and large houses despite his wealth.

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David Cheriton's Timeline


1978:

Earns a Ph.D. in Computer Science from the University of Waterloo (Academic Achievement).

1981 (approx.):

Joins Stanford University as a professor (Academic Career).

1996:

Granite Systems (co-founded with Andy Bechtolsheim) is acquired by Cisco Systems (First Exit).

1998 (August):

Makes a $200,000 angel investment in Google (Investment Milestone).

2004:

Co-founds Arista Networks (Founding 2).

Ongoing:

Donates $25 million to the University of Waterloo (Philanthropic Milestone).

Major Business Ventures and Investments


David Cheriton's wealth is concentrated in his founding equity and massive investment returns from the technology sector.

  • Google (Early Angel Investor): His $200,000 investment in 1998 is his single largest source of wealth, tied to his technical expertise.
  • Arista Networks (Co-founder & Chief Scientist): A major publicly traded high-speed networking company, specializing in cloud networking solutions.
  • Granite Systems (Co-founder): Sold to Cisco Systems in 1996.
  • VMware (Early Investor): He was an early investor in the compute virtualization leader.
  • Investment Philosophy: His strategy is defined by his philosophy of frugality and investing only in companies that solve big market opportunities with superior technical architecture.

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Philanthropy and Social Impact


David Cheriton is a dedicated philanthropist, focusing his giving heavily on computer science education and research. He made a significant $25 million donation to the University of Waterloo to support graduate studies and research, leading the school to be renamed the David R. Cheriton School of Computer Science.

His structural social impact is tied to his role in mentoring and funding a generation of Silicon Valley founders (including Brin and Page). His work has advanced the fields of distributed computing and computer networking, forming the intellectual infrastructure of the modern internet.

Fashion, Style, and Lifestyle


David Cheriton is famous for his extremely frugal lifestyle. His attire is consistently simple, functional, and often worn until worn out, reflecting his disinterest in material wealth. His aesthetic is anti-luxury, prioritizing intellectual pursuits over consumerism.

Residing in Palo Alto, California, his luxury is the profound security and autonomy derived from his multi-billion dollar fortune. His life is defined by his commitment to his students, deep technical work, and his long-term impact on global networking and computing.

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Quotes and Philosophy


“I still drive a Toyota Corolla. These things are just silly.”

“Finding big market opportunities and building the right architectures to address them is the key to lasting success.”

Fun Facts & Trivia


  • He was rejected by the music program at the University of Alberta.
  • His $200,000 investment in Google made him a multi-billionaire.
  • He is known as a 'cheapskate billionaire', avoiding costly cars and large houses.
  • He is a Stanford Computer Science Professor and founded Arista Networks.
  • He mentored Sergey Brin and Larry Page.
  • The University of Waterloo's Computer Science school is named in his honor.
  • His first company, Granite Systems, was sold to Cisco Systems.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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