Age, Biography and Wiki

Tim Draper (Timothy Cook Draper) was born on 11 June, 1958 in California, United States, is a Venture capitalist. Discover Tim Draper's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 62 years old?

Popular As Timothy Cook Draper
Occupation Venture capitalist
Age 63 years old
Zodiac Sign Gemini
Born 11 June 1958
Birthday 11 June
Birthplace California, United States
Nationality United States

We recommend you to check the complete list of Famous People born on 11 June. He is a member of famous with the age 63 years old group. He one of the Richest who was born in United States.

Tim Draper Height, Weight & Measurements

At 63 years old, Tim Draper height not available right now. We will update Tim Draper's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
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Who Is Tim Draper's Wife?

His wife is Melissa Draper

Family
Parents Not Available
Wife Melissa Draper
Sibling Not Available
Children Jesse Draper, Adam Draper, Billy Draper, Eleanor Draper

Tim Draper Net Worth

His net worth has been growing significantly in 2020-2021. So, how much is Tim Draper worth at the age of 63 years old? Tim Draper’s income source is mostly from being a successful . He is from United States. We have estimated Tim Draper's net worth, money, salary, income, and assets.

Net Worth in 2021 {"name":"Net worth","value":"Estimated US$1 billion"}
Salary in 2020 Under Review
Net Worth in 2019 Pending
Salary in 2019 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

2019

In December 2019, he predicted that bitcoin would reach USD $250,000 in 2023.

2018

Draper was one of the first investors in the blood testing start up Theranos, whose founder Elizabeth Holmes was later charged by the SEC with committing massive fraud. In 2018, after the SEC had already charged Holmes, Draper continued to defend her, saying that she had been "bullied into submission".

In April 2018 Draper announced collection of "about 600,000" signatures for a new petition to divide California, this time into three new states. In June 2018, the petition collected a sufficient number of signatures to qualify as an initiative in the 2018 general election. On July 18, 2018, the day before ballots were sent to print, the California Supreme Court blocked the measure from appearing on the November 2018 ballot.

2014

On June 27, 2014, Draper paid about USD $19 million for nearly 30,000 bitcoins which had been seized by the US Marshals service and auctioned to the public.

On September 23, 2014, Draper told Fox Business that he predicted that one bitcoin would reach $10,000 "in three years"; on January 27, 2015, Draper wagered about $400,000 (which is 2000 bitcoins with $200 price) that the bitcoin will rebound from a recent plunge. The price of a bitcoin crossed $10,000 on November 29, 2017.

In early 2014, Draper filed a petition which was accepted by California's Secretary of State Debra Bowen to begin collecting signatures to divide California into six smaller states, arguing that California is "increasingly ungovernable" as one state. However, on September 12, 2014, it was announced the plan fell short of the required amount of valid signatures to land it on the 2016 ballot.

2013

In 2013, Draper launched Draper University of Heroes, an educational program that offers a crash course in entrepreneurship. The university's residential program is based in San Mateo, California, and the curricula are designed by Draper.

2006

In 2006, Draper through DFJ was an investor in the Series C venture round of Tesla. In 2007, Draper again invested in Tesla's Series D venture round through Draper Associates.

2004

Draper's father, Bill Draper, was an early investor in Skype, and DFJ backed Skype in 2004. The company owned 10% of Skype in 2005 when it was sold to eBay for US$4.1 billion. Draper and Niklas Zennström appeared in the first Skype video together in 2007 at Stanford University.

2001

Draper was the first Silicon Valley venture capitalist to invest in China through the global fund DFJ ePlanet. In 2001, Draper negotiated with CEO Robin Li of Baidu to buy 28% of the company on behalf of ePlanet for USD $9 million.

2000

In 2000, Draper spent $20 million on a failed measure to support school vouchers.

1996

Draper invested in Jack Smith and Sabeer Bhatia, who presented him with their company, Hotmail. While numerous publications intimate that he "invented viral marketing" in 1996, this major acclaim was his early support for the founders, due to his idea of automatically attaching a brief advertising message to the bottom of outgoing Hotmail emails. Draper and Jurvetson then coined the term "viral marketing," though the neologism itself is documented as early as a 1989 edition of PC User.

1985

In 1985, Draper left the investment bank Alex. Brown & Sons to start his own venture capital firm. Former colleague John H.N. Fisher became a partner in 1991, and business student Steve Jurvetson became the third partner in the firm in 1994.

1980

Draper attended Phillips Academy Andover before matriculating to Stanford University, where he graduated with a BS in electrical engineering in 1980. He later earned an MBA from Harvard Business School in 1984.

1958

Timothy Cook Draper (born June 11, 1958) is an American venture capital investor, and founder of Draper Fisher Jurvetson (DFJ), Draper University, Draper Venture Network, Draper Associates, and Draper Goren Holm. His most prominent investments include Baidu, Hotmail, Skype, Tesla, SpaceX, AngelList, SolarCity, Ring, Twitter, DocuSign, Coinbase, Robinhood, Ancestry.com, Twitch, Cruise Automation, and Focus Media. In July 2014, Draper received wide coverage for his purchase at a US Marshals Service auction of seized bitcoins from the Silk Road marketplace website. Draper is a major proponent of Bitcoin and decentralization.

Draper is the third in a familial line of venture capitalists and government officials. He is the son of Phyllis (Culbertson) and William Henry Draper III and the younger brother of actress Polly Draper. His father is the founder of Draper & Johnson Investment Company and former chairman and president of the Export-Import Bank of the United States. His grandfather, William Henry Draper Jr., founded Draper, Gaither and Anderson in 1958 and served as the first ambassador to NATO.