Ted Waitt is a 59-years-old American Business executive from the United States of America. his estimated net worth is $1 Million to $5 Million Approx. Jump into read his life Facts, Wikipedia and biographies Details

Ted Waitt Biography – Wiki

According to the wiki and biography of Ted Waitt was born on January 18, 1963 in United States of America. let’s check out the Ted’s personal and public life facts, Wikipedia, bio, spouse, net worth, and career details.

Fast Facts You Need To Know

2019

Labeled a maverick by national business and technology publications, he has gone on to form four enterprises that are his chief interests: Avalon Capital Group, Inc., a wholly owned, billion-dollar private investment company with diverse interests in technology, health care, energy, finance, and real estate; and the Waitt Foundation, Waitt Institute and Waitt Institute for Violence Prevention, nonprofit organizations dedicated to the improvement of mankind’s knowledge through historical and scientific exploration.

Business Week named Waitt one of America’s 50 most generous philanthropists due to his work with the Waitt Foundation. The Foundation funds partnerships and projects, sometimes in conjunction or collaboration with the Waitt Institutes, focused on marine conservation and that have sought a deeper understanding of human history and improve mankind’s knowledge through historical and scientific exploration.

2016

Waitt served as chairman of the Salk Institute for Biological Studies Board of Trustees from November 28, 2016 until November 20, 2017. He originally joined the Salk Board of Trustees in 2004 and has served in numerous roles while donating millions of dollars to the Institute.

2015

Waitt was romantically linked to Ghislaine Maxwell, after she ended her relationship with Jeffrey Epstein. Waitt owns homes in the Bird Streets area of Hollywood Hills West, Los Angeles (put up for sale for $20 million in September 2015) and in La Jolla, California (purchased in 2005 for $13.32 million and put for sale for $22.9 million in November 2015). Waitt also owns a home in Beverly Hills, California.

2008

Waitt has been featured on numerous lists by Forbes magazine. He has held a spot on both the Forbes 400 Richest in America as well as Forbes list of the World’s Billionaires. He has also been listed on Fortune Magazines “40 Richest Under 40”, a list of the 40 wealthiest self-made Americans under the age of 40 in the United States. The 2008 Forbes 400 List listed Waitt with a net worth estimated at $1.4 billion. Waitt fell off the Forbes 400 list in 2009 with a net worth estimate of $900 million. Forbes speculated that the drop from the previous year was as a result of “souring real estate” and a divorce settlement.

On November 1, 2019, the Blue Prosperity Coalition announced a ten-year, $150 million commitment from the Waitt Foundation towards its ocean conservation efforts. On 15 Sept, 2016, the Waitt Foundation joined with the Wildlife Conservation Society (WSC), the blue moon fund (bmf) and the Global Environmental Facility (GEF) to commit a combined $48 million towards expansion of the world’s marine protected areas (MPA). On 1 May 2008, the Salk Institute for Biological Studies announced the grant of $20 million from the Waitt Foundation to fund the creation of an Advanced Biophotonics Center. On 18 December 2008, the William J. Clinton Foundation released a list of all contributors. It included Theodore Waitt, who gave between US$10–25 million. On April 23, 2011, the Sioux City Public Museum had its grand opening. $4 million of its $13 million development budget was donated by the Waitt Foundation.

2004

In 2004, after the acquisition of eMachines, Waitt turned over day-to-day operations of Gateway and the title of CEO to Wayne Inouye, the former CEO of eMachines. In May 2005, he resigned as chairman of the company, ending a near 20-year run with the company he co-founded.

2002

According to the September 2002 issue of Fortune Magazine, Waitt sold $1.1 billion in Gateway stock during the dot-com era. In August 2007, Gateway was acquired by Acer Inc. for $1.90 per share or $710 million.

1998

Waitt led a move of the company’s headquarters from South Dakota to Poway, California in 1998. Waitt relinquished his post as CEO of Gateway in late 1999 to Jeffrey Weitzen, but returned to the post in January 2001.

1993

Established in 1993, the Foundation initially focused on domestic violence prevention and community development, knowing that building stronger families and societies will help foster the vision of a better world. The creation of the Waitt Institutes in 2005—the Waitt Institute, and the Waitt Institute for Violence Prevention—has allowed the Foundation to broaden its program interests to the global community. The Waitt Institute is a founding member, along with National Geographic Pristine Seas, Oceans 5, and Dynamic Planet, of the Blue Prosperity Coalition which aims to support governments in sustainable oceans management by providing financing, expertise, and tools to protect 30% of marine environments through the creation of marine protected areas (MPA).

1985

On September 5, 1985, Waitt, his brother Norm Jr., and Mike Hammond started Gateway 2000 with a $10,000 loan secured by Waitt’s grandmother. The Company began on Waitt’s father’s cattle ranch in Sioux City, Iowa, moved to Sergeant Bluff, Iowa and later to North Sioux City, South Dakota, where they continued to develop their “down-home” branding, complete with computer boxes printed in a black and white Holstein cow pattern.

1963

Theodore W. “Ted” Waitt (born January 18, 1963) is an American billionaire businessman and philanthropist. Waitt is a co-founder of Gateway, Inc..

BirthName, Nickname, and Profession

So first, let’s take a look at some personal details of Ted, like name, nickname, and profession.

Real NameTheodore William
NicknameTed
ProfessionBusiness executive


Age, Birthdate, Religion, and BirthPlace


Age (2021)59 Years
BirthplaceSioux City
Date Of BirthJanuary 18, 1963
SunsignTaurus
HometownSioux City
Food HabitsNot Available
NationalityAmerican


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Height, Weight, And Body Measurements


HeightNot Available
In Meter: not available
In Feet: not available
WeightNot Available
In Pound: not available


Ted Waitt Personal Life, Spouse, Wife


ParentNot Available
FatherNot Available
MotherNot Available
BrotherNot Available
SisterNot Available
Marital StatusMarried
WifeMichele Merkin
GirlfriendUpdate Soon
Children4


Theodore William Net Worth


The Theodore William Estimated Net worth is $80K – USD $85k.


Monthly Income/Salary (approx.)$80K – $85k USD
Net Worth (approx.)$4 million- $6 million USD


Twitter, Facebook, and Instagram


InstagramNot Available
TwitterNot Available
FacebookTed Waitt Facebook Profile


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