Info
- Category:
- Richest Business
- Net Worth:
- $50 Million
- Salary:
- $1.5 Million Per Year
- Date of Birth:
- Dec 28, 1969 (53 years old)
- Place of Birth:
- Helsinki
- Gender:
- Male
- Profession:
- Programmer, Scientist, Software Engineer
- Nationality:
- Finland
💰 Compare Linus Torvalds' Net Worth
Table of ContentsExpand
- Early Life
- Career
- Stock Holdings
- Relationships
- Religious Views
- Criticism
What is Linus Torvalds' Net Worth and Salary?
Linus Torvalds is a Finnish software engineer who has a net worth of $50 million. Torvalds is probably best known for developing the Linux kernel which today powers billions of mobile phones via the Android operating system, in addition to the corporate computers of companies like Amazon, eBay, Google and PayPal. The word "Linux" is a stylized version of his first name. He is known as Linux's "benevolent dictator for life". He oversees and has final say over every line of code to this day. The Linux Foundation pays Linus around $1.5 million per year to support the software. The foundation has a $50 million operating budget to manage thousands of programmers worldwide who make around 80,000 code fixes and additions in a given year.
Outside of his work on Linux, Linus also created Git, a distributed version control system. In addition, Torvald is recognized as the creator of Subsurface, a scuba dive logging and planning software.
For his contributions to the world of technology, Linus Torvalds was awarded the Millennium Technology Prize in 2012 by Technology Academy Finland. Linus has been celebrated for creating an open-source operating system, and he has won a number of additional awards over the years. Torvalds is still very active in the modern era, and he continues to improve the Linux kernel while working on a number of additional projects.
Early Life
Linus Benedict Torvalds was born on December 28th of 1969 in Helsinki, Finland. Raised by two journalists in a family of writers and poets, Linus grew up speaking Swedish at home – which is rare in Finland. His parents named him after Linus Pauling, a Nobel Prize-winning chemist.
By the age of 11, Torvalds was playing with early consumer computers such as the Commodore VIC-20. He then purchased a Sinclair QL, which he heavily modified. Among many other things, he altered the computer's operating system considerably. By the 90s, he was writing his own video games – including a Pac-Man clone called "Cool Man." In 1991, he purchased an Intel-based clone of an IBM PC.
After graduating from secondary school, Linus attended the University of Helsinki. In 1996, he graduated with a master's degree in computer science after becoming closely involved with the NODES research group. However, his university education had to be halted for a year in 1989 when he was forced to complete Finland's mandatory military service requirements. He joined the Finnish Navy and eventually reached the rank of second lieutenant.
By the time Torvalds had returned to university, he was already familiar with MINIX, a basic version of Unix. This prompted him to start work on Linux, which resulted in his MSc thesis entitled "Linux: A Portable Operating System."
Jarno Mela/AFP/GettyImages
Career
Linus first released Linux to the public in 1991, but the official "Version 1.0" wasn't released until 1994. By this point, Torvalds had used Richard Stallman's GNU General Public License to develop the Linux kernel.
By 1996, Torvalds had relocated to California to work for Transmeta. He stayed with this company for the next six years before moving to Open Source Labs. Open Source Labs eventually went through a number of mergers before becoming the Linux Foundation. Torvalds continues to work at the Linux Foundation to this day.
During his time in the United States, Linus got to work on 86open. He proved to be instrumental in helping choose a standard binary format for both Linux and Unix. Over the years, Linus has become a strong proponent of open-source software.
Today, Torvalds has contributed approximately 2% of the Linux kernel code. This is one of the largest contributions of any individual, although others are now stepping in to play a more central role. Torvalds has admitted that he doesn't do much programming anymore for Linux, although he still holds the highest level of authority when it comes to decisions for how new code is implemented into the Linux kernel. In addition, Linus holds the trademark for "Linux."
Stock Holdings
Linus Torvalds current fortune is mostly due to his late 1990s stock holdings. In 1999, Red Hat and VA Linux – both leading developers of Linux-based software – presented Torvalds with stock options in gratitude for his creation. Also in 1999, both companies went public and Torvalds' share value temporarily shot up to roughly $20 million. Currently, the Linux Foundation sponsors Torvalds as he works full-time on improving Linux.
Relationships
After meeting Finnish karate champion Tove Torvalds in 1993, Linus married her and had three daughters. His family is mostly settled in the United States, as two of his children were born and raised there.
Religious Views
Linus Torvalds is a well-known agnostic, although he has described himself as an atheist in the past as well. He has been critical of religion in the past, stating that it "detracts from both morals and appreciation of nature." However, one of Linus' most famous quotes is also "Do unto others as you want them to do unto you." Many interpreted this as an endorsem*nt of Christianity, but Torvalds later stressed that he was an agnostic.
Criticism
Despite his vocal support for open-source software, Torvalds came under fire when he started using and praising BitKeeper software, which provided version control for the Linux kernel. In the face of this criticism, Linus developed a BitKeeper alternative called Git, which is completely free.
Torvalds is also unapologetically argumentative, and some would even call him hostile in the way that he criticizes others. Linus himself has admitted to being a "really unpleasant person," but he claims that this approach is necessary to get his point across. Various developers and programmers have criticized Torvalds for this approach. Linus' conduct was questioned heavily after the Linux Kernel "Code of Conflict" was replaced by a new, Contributor Covenant-based "Code of Conduct." Linus was then forced to apologize for his behavior, and he went back to maintaining the kernel after being confronted by "The New Yorker."
All net worths are calculated using data drawn from public sources. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. We welcome all corrections and feedback using the button below.
As a technology enthusiast and expert, my depth of knowledge encompasses a wide range of topics, particularly in the field of computer science and software engineering. I've closely followed the careers of influential figures in the industry, and Linus Torvalds is undoubtedly one of them. I'll provide insights into the various concepts mentioned in the article about Linus Torvalds.
Linus Torvalds Overview:
Info Category: Richest Business
Net Worth: $50 Million
Salary: $1.5 Million Per Year
Date of Birth: Dec 28, 1969 (53 years old)
Place of Birth: Helsinki
Gender: Male
Profession: Programmer, Scientist, Software Engineer
Nationality: Finland
Career Highlights:
Linus Torvalds is a renowned Finnish software engineer, widely recognized for developing the Linux kernel. Linux is a crucial component in numerous devices, including mobile phones (Android OS) and corporate computers (used by companies like Amazon, eBay, Google, and PayPal).
He holds the title of "benevolent dictator for life" in the Linux community, overseeing and having the final say on every line of code. The Linux Foundation pays him around $1.5 million annually for his contributions, managing a $50 million budget to support thousands of programmers globally.
Aside from Linux, Torvalds created Git, a distributed version control system, and Subsurface, a scuba dive logging and planning software.
In 2012, he was awarded the Millennium Technology Prize in recognition of his contributions to technology.
Early Life:
Linus Torvalds was born on December 28, 1969, in Helsinki, Finland. Raised in a family of writers and poets, he showed early interest in computers, starting with the Commodore VIC-20 and later modifying a Sinclair QL.
He attended the University of Helsinki, where he became involved with the NODES research group and initiated the development of Linux as part of his MSc thesis.
Career Development:
Torvalds released Linux to the public in 1991, using Richard Stallman's GNU General Public License. He later worked for Transmeta in California and eventually became associated with the Linux Foundation.
He played a crucial role in 86open, contributing to the standard binary format for Linux and Unix.
Currently, Torvalds remains active, contributing about 2% of the Linux kernel code.
Stock Holdings:
Torvalds' wealth largely stems from stock holdings in Red Hat and VA Linux in the late 1990s. Both companies presented him with stock options in gratitude for his contribution to Linux.
Personal Life:
Linus Torvalds is married to Finnish karate champion Tove Torvalds, and they have three daughters. His family resides in the United States.
Religious Views:
Torvalds identifies as agnostic, with occasional mentions of atheism. He has been critical of organized religion, emphasizing his focus on morals and appreciation of nature.
Criticism:
Despite his support for open-source software, Torvalds faced criticism for using BitKeeper software. In response, he developed Git as a free alternative.
Torvalds is known for his argumentative and, at times, hostile communication style. This led to a revision of the Linux Kernel's "Code of Conflict" and a public apology for his behavior.
In conclusion, Linus Torvalds stands as a pivotal figure in the world of technology, contributing significantly to open-source software and shaping the landscape of modern computing.
