Do you know who’s behind the massive tech company, Intel? It’s Gordon Moore, a giant in the tech industry. This article will closely examine the wealth he has accumulated throughout his impressive career.
As of 2023, just how rich is he? Read on to discover Gordon Moore net worth and learn how his innovative mindset has shaped his success.
- 1 What is Gordon Moore Net Worth and Salary in 2023?
- 2 Why is Gordon Moore Famous?
- 3 Gordon Moore’s Overview
- 4 FAQs about Gordon Moore
- 5 Conclusion
What is Gordon Moore Net Worth and Salary in 2023?
|Birth Date||January 3, 1929|
|Age||94 years old|
|Birth Place||San Francisco, California, USA|
|Net Worth||$6.8 Billion|
|Source of Wealth||Co-founding Intel Corporation|
According to Forbes, Gordon Moore’s net worth is estimated at around $6.8 billion. He became very rich mainly because of his successful business ventures, especially his involvement in Intel, the biggest company making small silicon chips.
Read More: Jeffrey Skoll Net Worth
Why is Gordon Moore Famous?
Moore isn’t just famous for his wealth; he’s a technological trailblazer. His name is synonymous with Moore’s Law, a prediction he made about the speed of technological progress.
Moore predicted that the number of transistors on a tiny computer chip would double every two years, causing a tremendous increase in computing strength. This insight has shaped the tech industry for over half a century.
Additionally, Moore helped start Intel, a very important technology company that has greatly influenced the world. We can’t emphasize enough how much he has shaped our digital experiences.
Gordon Moore’s Overview
Gordon Earle Moore was born on January 3, 1929, in San Francisco, California. When he was young, he resided in a small town called Pescadero.
However, when he turned 10 years old, his family relocated to Redwood City because his father found a better job as a deputy sheriff. A chemistry set he received as a Christmas gift in 1940 sparked his interest in chemistry.
Because of this, he decided to study chemistry at Sequoia High School and continued his studies at San José State College (now called San José State University) from 1942 to 1947.
He then transferred to the University of California, Berkeley, where he studied under renowned scientists like Glenn Seaborg, Melvin Calvin, and William Giauque.
In 1950, Moore completed his studies and got a Bachelor of Science degree in chemistry. Then, he studied at the California Institute of Technology (Caltech) and received a Ph.D. in chemistry and physics in 1954.
Moore’s career started to soar when he got a job at Shockley Semiconductor Laboratory in 1956. He worked there with William Shockley, who was one of the people who came up with the transistor.
However, after a year and a half, Moore and seven colleagues, known as the traitorous eight, left Shockley due to management issues and formed Fairchild Semiconductor Corporation in 1957.
This new venture quickly became a major player in the transistor manufacturing industry, with Moore as the director of research and development from 1959.
In 1965, while still at Fairchild, Moore made a groundbreaking prediction that would later become known as Moore’s Law.
He guessed the number of transistors on a computer chip would double yearly. This prediction was mostly correct, although it was adjusted to approximately every two years later.
Three years later, in 1968, Moore and Robert Noyce left Fairchild to establish Intel Corporation. Moore was elected executive vice president until 1975 when he was promoted to president.
At Intel, Moore held various leadership positions, including vice president (1968–75), president (1975–79), chief executive officer (1975–87), and chairman of the board of directors (1979–97).
With him in charge, Intel grew to become the biggest company in the world that makes tiny chips from silicon. They also introduced new technologies for computer memory, integrated circuits, and designing microprocessors.
Besides his job at Intel, Moore was chairman of Caltech’s board of trustees from 1993 to 2000. Because of his important contributions to technology, he received the National Medal of Technology in 1990 as recognition.
After retiring from Intel in 2006, Moore focused on philanthropy, establishing the Gordon and Betty Moore Foundation with his wife. The foundation targeted environmental conservation, science, and the San Francisco Bay Area, among other initiatives.
Despite retiring, Moore’s influence continued to leave a lasting impact. In 2022, Intel renamed its main Oregon site as ‘Gordon Moore Park’ in his honor.
Unfortunately, Moore died on March 24, 2023, when he was 94 years old. He left behind a great legacy of innovation and leadership in the technology field.
Gordon Moore was married to Betty Irene Whitaker. The couple first met in 1947 during a student government conference at the Asilomar Conference Grounds. Their relationship blossomed into marriage in 1950, marking the beginning of a lifelong partnership.
Together, they had two sons, Kenneth, born in 1954, and Steven, born in 1959. The family resided in Woodside, California.
After he stopped working at Intel in 1997, Moore focused on charity work and scientific study. He and his wife, Betty, created the Gordon and Betty Moore Foundation.
This foundation has given billions of dollars to help protect the environment, study science and care for patients. Moore has also given money to many scientific groups and projects, like the Thirty Meter Telescope and the Allen Institute for Brain Science.
When he died, his foundation had already donated over $5 billion. The foundation still had about $9 billion that they planned to donate. They gave $600 million to the California Institute of Technology in 2001 and donated an additional $100 million in 2015.
Awards and Honors
In 1976, he joined the National Academy of Engineering because of his important contributions to semiconductor devices.
In 1990, President George H.W. Bush honored him with the National Medal of Technology and Innovation for his leadership in driving significant advancements in microelectronics following the postwar period.
In 2001, Moore received the Othmer Gold Medal for his outstanding contributions to progress in chemistry and science.
The next year, President George W. Bush gave him the Presidential Medal of Freedom, the highest honor a civilian can receive in the United States. Moore also received the Bower Award for Business Leadership in 2002.
He received the IEEE Medal of Honor in 2008 for his pioneering roles in integrated-circuit processing and leadership in developing MOS memory, the microprocessor computer, and the semiconductor industry.
The Society of Chemical Industry (American Section) annually presents the Gordon E. Moore Medal to recognize early career success in innovation in the chemical industries.
The Electrochemical Society presents the Gordon E. Moore Medal for Outstanding Achievement in Solid State Science and Technology every two years.
This award honors scientists who have made important contributions to solid-state science. The Gordon and Betty Moore Foundation supports the Gordon E. Moore Award for Positive Outcomes for Future Generations and acknowledges Regeneron ISEF finalists.
FAQs about Gordon Moore
How old was Gordon Moore?
Gordon Moore age was 94 years old.
How tall was Gordon Moore?
Gordon Moore height was unknown.
How much of Intel does Gordon Moore own?
The tech business owner, who is 91 years old, still has about a 4% share in the company.
Is Moore’s law still valid?
Moore’s Law had predicted that the number of chips would double every two years. This isn’t happening now, which technically means Moore’s Law isn’t working. But it’s still causing important changes, and they’re just taking place at a slower speed.
The net worth Gordon Moore is a testament to the power of vision and innovation. If you’ve enjoyed learning about Moore and want to discover more about other influential figures in the world of technology and beyond, be sure to explore our other articles here on Hereofamily.