Tony Hsieh Net Worth is$400 Million
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Date of Birth: 1975

Ethnicity: Taiwanese American

Tony Hsieh an American businessman has a net worth of $400 million. Tony Hsieh has built his net worth as CEO of online shoe and clothing shop Zappos.com; he was also a co-founder of LinkExchange, which is now owned by Microsoft. Hsieh is a graduate of Harvard University with a degree in Computer Science. In 2010 he wrote a book called Delivering Happiness, about his entrepreneurial endeavors.
Tony Hsieh (English pronunciation: /'?e?/ "shay", born December 12, 1973) is the CEO of online shoe and clothing shop Zappos.com. Prior to joining Zappos, Hsieh co-founded and sold the internet advertising network LinkExchange to Microsoft in 1999 for $265 million.
In 1995, Hsieh graduated from Harvard University with a degree in Computer Science. While at Harvard, he managed the Quincy House Grille selling pizza to the students in his dorm (his best customer, Alfred Lin, would later be Zappos's CFO and COO). After college, Hsieh worked for Oracle. After five months, Hsieh found himself dissatisfied with the corporate environment and quit to found LinkExchange.
In 1996, Hsieh started developing the idea for an advertising network called LinkExchange. Members were allowed to advertise their site over LinkExchange's network by displaying banner ads on their website. They launched in March 1996, with Hsieh as CEO, and found their first 30 clients by direct emailing webmasters. The site grew, and within 90 days LinkExchange had over 20,000 participating web pages and had its banner ads displayed over 10 million times. By 1998, the site had over 400,000 members and 5 million ads rotated daily. In November 1998, LinkExchange sold to Microsoft for $265 million.
After LinkExchange sold to Microsoft, Hsieh co-founded Venture Frogs, an incubator and investment firm, with his partner, Alfred Lin. The name originated from a dare. One of Hsieh's friends said she would invest everything if they chose "Venture Frogs" as the name, and the pair took her up on the bet (although they have yet to see any money). They invested in a variety of tech and Internet startups, including Ask Jeeves, OpenTable and Zappos.
In 1999, Nick Swinmurn approached Hsieh and Lin with the idea of selling shoes online. Hsieh was initially skeptical and almost deleted Swinmurn's initial voice mail. After Swinmurn mentioned that "footwear in the US is a $40 billion market, and 5% of that was alrea

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Tony Hsieh Latest News

The revitalization of downtown Las Vegas

Much of the credit goes to three individuals: Tony Hsieh of Zappos for helping bring businesses and restaurants to the area; Derek Stevens for the transformation of hotel properties in the area and Jeff Victor who served as president of the Fremont Street ...
Posted: August 15, 2017, 1:39 pm

Min looks ahead after AAU trip

But, for now, Min’s primary focus is closing out his senior year with a championship. With the Knights returning a strong core that includes seniors Tony Hsieh and Takumi Simon, Min is more motivated than ever going into his senior year at St. John’s ...
Posted: August 16, 2017, 10:13 am

Why the ad industry should ditch job titles

In 2013, the business adopted a Holacracy, a fancy word for a flat management structure. According to Tony Hsieh, CEO of Zappos, Holacracy “enables employees to act more like entrepreneurs and self-direct their work instead of reporting to a manager who ...
Posted: August 16, 2017, 5:42 pm

Beyond Social Selling: 4 Ways Employee Advocacy Programs Can Grow Your Business

A positive work culture embodies the kind of brand you want to build. Tony Hsieh, CEO of Zappos.com says, “We believe that your company’s culture and your company’s brand are really just two sides of the same coin. The brand may lag the culture at ...
Posted: August 9, 2017, 4:25 pm

Random Collisions of Unusual Suspects: Unleashing the Adjacent Possible

which is how Jeff Sparr who after sharing his personal struggle with OCD which led him to launch PeaceLove Studios collided with Zappos founder Tony Hsieh resulting in a collaboration in Tony’s Downtown Las Vegas project. Q. How can random collisions of ...
Posted: August 11, 2017, 3:45 pm
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