Mary Doerr, Know The Daughter of John Doerr, Bio, Wiki, Net Worth, Family Explained
American businessman and venture capitalist John Doerr has amassed a sizeable net worth throughout the course of his career.
At Kleiner Perkins in Menlo Park, California, the investor acts as the venture capitalist. In February 2009, he was chosen to serve on the President’s Economic Recovery Advisory Board.
The board concentrated on giving the President and his administration wise guidance and recommendations in an effort to reverse the nation’s economic crisis. John was listed by Forbes as the 40th Richest In Tech in 2017.
Lo Toney, the founder managing partner of Plexo Capital, and Brian Armstrong, the CEO of the bitcoin exchange Coinbase, are two more well-known and affluent American investors.
Doerr is happily married and has two talented children as well as a lovely wife named Ann Howland Doerr. His daughter Mary is frequently compared to her father. Find out more about the businessman and his daughter.
Mary Doerr: Who Is He?
The main reason for Mary Doerr’s fame is that she is the devoted daughter of renowned VC and investor John Doerr.
The investor who oversaw early investments in Google, Sun Microsystems, and enticed Al Gore to join the company attributes his motivation to go green to Mary, his gifted daughter.
In 2008, while she was a high school freshman and heiress, Mary founded a nonprofit organization called Inconvenient Youth with support from her father and advice from his friends.
The organization wanted to teach young people how to be effective activists and community leaders, so it used an online social network built on Ning and connected it to sporadic training and conference events.
Eighty kids from all across the world attended the inaugural training sessions at Stanford. Midway through 2007, the first push for this significant endeavor began.
To combat climate change, Mary founded her own group. She ultimately enrolled in Brown, and William Rick Singer also gave her accolades.
Who Is John Doerr
Doerr was born in Missouri’s St. Louis. Doerr, the youngest of five children, received his diploma from Chaminade College Preparatory School in St. Louis. Doerr graduated with electrical engineering B.S. and M.E.E. degrees from Rice University and an MBA from Harvard Business School in 1976.
Career of John Doerr
In 1974, Doerr started working for Intel Corporation, which was then developing the 8080 8-bit microprocessor. He finally rose to the position of one of Intel’s top salespeople. He also has a number of memory device patents. Doerr received a job offer from Kleiner Perkins in 1980. Andrew Grove, the head of Intel, warned him: “John, venture capital is not a legitimate occupation. Similar to working as a real estate agent.”
Since then, he has managed the distribution of venture capital funds to tech firms like Compaq, Netscape, Symantec, Sun Microsystems, drugstore.com, Amazon.com, Intuit, Macromedia, and Google. He joined Kleiner Perkins in that year.
Entrepreneurs including Larry Page, Sergey Brin, and Eric Schmidt of Google, Jeff Bezos of Amazon.com, Scott Cook, and William Campbell of Intuit have all received funding from Doerr.Doerr is a co-founder and board member of TechNet, a policy network of high-tech CEOs promoting education and litigation reform, as well as policies for the innovation economy, and the New Schools Venture Fund, an education reform and charter public schools fund. Doerr co-chaired California’s Propositions 39 and 71, which provided $3 billion in funding for the state’s stem cell therapy research and decreased the threshold for approved school bonds. He is a board member of Bono’s ONE initiative, which works to end worldwide poverty and disease, especially in Africa. His performance in venture capital has attracted national notice; he is considered as one of the best technology venture investors in the world and was included on Forbes magazine’s exclusive “Midas List.”
Doerr has written and testified about the need for innovation in sustainable energy technology to tackle climate change. He used his daughter’s comment that “your generation caused this mess, you better cure it” as a rallying cry against global warming at a TED conference in 2007.
He and Steve Jobs jointly unveiled the $100 million Kleiner Perkins iFund in 2008. At the time, they said that the iPhone was “more significant than the personal computer” because “it knows who you are” and “where you are.” He and the other iFund partners announced an increase in the fund’s value of an additional $100 million in April 2010, making iFund the largest investment pool in the mobile application market worldwide.
He presently holds positions on the boards of Zynga, Tradesy, ASAPP, Amyris Biotech, Google, and Tradesy. Doerr oversaw a $150 million investment in Twitter by Kleiner Perkins in 2012.
He contributed to DreamBox in 2013, which Charter School Growth Fund later purchased. Additionally, he had provided the original funding for Bloom Energy Inc. Doerr is a significant benefactor of the educational firm Remind.
Ted Schlein took over as CEO of Kleiner Perkins when Doerr retired from his position as chairman in 2016.
When Ellen Pao first joined Kleiner Perkins, Doerr served as her mentor.
He was renowned for criticizing individuals who gave her unfavorable performance reports prior to altering his mind in 2012.
Doerr is a member of the boards of both ONE.org and the Obama Foundation.
Advisory Board for Economic Recovery
President Barack Obama selected Doerr as a member of the USA Economic Recovery Advisory Board in February 2009 to offer advise and guidance to the President and his administration on how to reverse America’s economic downturn.
Private life of John Doerr
The spouse of Doerr is Ann Howland Doerr. They have two kids and reside in Woodside, California.
They joined the Giving Pledge in August 2010—a campaign started by the Bill & Melinda Gates Foundation and Warren Buffett to encourage extremely wealthy people to leave their fortunes to charity during their lifetimes.
Doerr’s achievements in business earned him the title of Distinguished Alumnus of Rice University in 1997.
Doerr received the title of Fellow of the American Academy of Arts & Sciences in 2009. Doerr was admitted into the California Hall of Fame in 2010. Doerr was given the American Academy of Achievement’s Golden Plate Award in 2019.
He also serves on the Khan Academy’s global advisory board.
Stanford University announced Ann and John Doerr’s $1.1 billion commitment to create the Stanford Doerr School of Sustainability on May 4, 2022.
The first greatest gift to a university was made by Michael Bloomberg, who gave Johns Hopkins University $1.8 billion. This is the largest gift Stanford has ever received.
Politics Doerr has frequently sponsored fundraisers for the Democratic Party, which she supports.
In April 2013, John Doerr was also mentioned as one of the founders of FWD.us. A lobbying organization called FWD.us, which receives the majority of its funding from Mark Zuckerberg, works to promote school reform and immigration reform.
John Doerr’s Net Worth
John Doerr of Kleiner Perkin has a staggering net worth of $3.3 billion. owing to his prosperous profession as a venture entrepreneur and investor.
With a staggering net worth of US$ 12.7 billion as of March 2021, the American business magazine Forbes placed him as the 305th richest person in the world and the 105th richest person in the US in 2017.
Doerr’s current true net worth is thought to be $11.4 billion. As of August 2022, he held the 163rd-richest position in the world.
Additionally, he is the author of several publications, including Measure What Matters, a well-known book on goal-setting, and Speed & Scale: An Action Plan for Solving Our Climate Crisis Now.
The Stanford School of Sustainability will be launched by John and Ann Howland in 2022 as Stanford University’s first new school in 70 years. The couple gave the institution $1.1 billion to start their school, the university revealed on May 4, 2022.
Doerr convinced Kleiner to join Google in 1999 and invested $12.5 million. He also made an early investment in many other well-known companies, including DoorDash, Amazon, Slack, and many others.
Names of John Doerr’s children
Mary and Esther Doerr are two of John Doerr and Ann Howland Doerr’s children. The four-person happy family is pleased to live in Woodside, California.
Doerr and Ann joined the Giving Pledge in August 2010, a campaign started by Warren Buffett and the Bill & Melinda Gates Foundation to encourage wealthy people to donate their money to worthy causes.
A new school to study climate change has been established at Stanford University thanks to a $1.1 billion gift from venture entrepreneur John Doerr and his wife, Ann Doerr.
John was born in St. Louis, Missouri, to five siblings and devoted parents. In his homeland, he attended Chaminade College Preparatory School. He enrolled at Rice University and completed electrical engineering B.S. and M.E.E. degrees there.
The venture capitalist graduated from Harvard Business School with an MBA in 1976. He began working at Intel Corporation in 1974. John finally rose to the position of one of the top Intel salesman.
Who is Mary Doerr’s spouse?
Mary has kept her marital status a secret. Regarding her husband and their marriage, no information is provided.
For his achievements in business, her father John was honored as a Distinguished Alumnus of Rice University in 1997. In 2009, the American Academy of Arts and Sciences recognized him as a fellow.
John also received the American Academy of Achievement’s Golden Plate Award and was inducted into the California Hall of Fame. He also participates actively in the Khan Academy’s Global Advisory Board.
John and his wife Ann gave Stanford University $1.1 billion to start the Stanford Doerr School of Sustainability, the university announced on May 4, 2022. It is the second-largest gift ever made to a university.
Quick Facts:
| Full Name | L. John Doerr |
| Birth Date | June 29, 1951 |
| Birthplace | St. Louis, Missouri, United States |
| Age | 71 years old |
| Nationality | American |
| Profession | Venture capitalist, investor |
| Education | Master of Business Administration, Harvard University; Bachelor of Arts/Science, Rice University; Master of Science, Rice University |
| Marital Status | Married |
| Spouse | Ann Doerr |
| Children | Mary Doerr, Esther Doerr |