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Mark Shuttleworth’s net worth is
$ 500 million

Mark Shuttleworth Wiki Biography

Mark Richard Shuttleworth was born on September 18, 1973 in Welkom, Orange Free State, South Africa and is an entrepreneur, best known as the CEO and founder of Canonical Ltd, which is responsible for the development of the Linux-based operating system Ubuntu. He helped develop the software in 2004, but all of his efforts have helped make his fortune what it is today.

How rich is Mark Shuttleworth? As of the end of 2017, sources estimated a net worth of $ 500 million, mostly made through business success. He is also the first citizen of an independent African country to become a space tourist. As he continues his endeavors, his fortune is expected to continue growing too.

Mark Shuttleworth, with a net worth of $ 500 million

Mark attended Western Province Preparatory School and then started a semester at Rondebosch Boys’ High School, followed by Bishops / Diocesan College. After enrolling, he attended the University of Cape Town to study finance and information systems and was part of the installation of the university’s first internet connections.

Upon graduation, Shuttleworth founded Thawte Consulting in 1995, specializing in internet security and digital certificates. At that time he was also working as one of the developers of the Debian operating system. Four years later, VeriSign would acquire Thawte for a total of $ 575 million, significantly increasing Shuttleworth’s net worth. In 2000 he founded HBD Venture Capital as a provider and incubator, which led him to found Canonical Ltd to fund the development of Ubuntu. He also bought 65% of the shares in Impi Linux and traveled to Antarctica. He continued to work for Canonical until he stepped down from the position in 2010. In his opinion, he would focus his energies on customers, partnerships and product design; Jane Silver would take his place as Canonical’s CEO.

In the same year, Mark was awarded an honorary doctorate from the Open University and three years later he received the Austrian Big Brother price against data protection. His fortune continued to grow over the years thanks to numerous business investments.

For his personal life it is known that in 2002 Shuttleworth became the first South African in space and the second self-financed space tourist; He joined the Russian Soyuz TM-34 mission and spent eight days on the International Space Station (ISS), where he initially trained for the mission for a year. He also owns his own private jet called the Canonical One. He is also a philanthropist and founded the Shuttleworth Foundation, which is dedicated to open source software projects. He also founded the Ubuntu Foundation, which was made with an initial investment of $ 10 million. He had a minor problem with the South African Reserve Bank after attempting to transfer his assets from South Africa to the Isle of Man, with the bank charging part of the assets plus interest for the move; the lower courts’ determinations in the case were later overturned by the Constitutional Court of South Africa. He currently resides on the Isle of Man and has dual citizenship from South Africa and the United Kingdom. According to a blog, he doesn’t like public speaking. No details are known about romantic relationships.

Net worth $ 500 million
birth date 18th September 1973
place of birth Welcome, Free State, South Africa
job Entrepreneur
education University of Cape Town, Rondebosch Boys’ High School, Diocesan College
nationality South African / British
parents Ronelle Shuttleworth, Richard Dalton Shuttleworth
brothers and sisters Grant Shuttleworth, BradleyShuttleworth

Known for movies

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