Reid Hastings Net Worth (2025)
Entrepreneur, Business Executive

Net Worth
Wealth Tier: Billionaire
Net worth between $1 billion and $10 billion
Annual Income
$40 million (from Netflix compensation and stock options)
Net Worth Timeline
2022: $2.5 billion, 2023: $2.8 billion, 2024: $3.0 billion
Reid Hastings's Biography
Reed Hastings is a renowned American entrepreneur and business executive best known as the co-founder and former CEO of Netflix, a trailblazing company that reshaped the way the world consumes entertainment. Born on October 8, 1960, in Boston, Massachusetts, Hastings attended Bowdoin College before earning a master's degree in computer science from Stanford University. After an early career in software engineering, his first major success came when he launched Netflix in 1997, pioneering a subscription-based DVD rental model that later evolved into the world’s leading streaming platform. Under his visionary leadership, Netflix grew from a small startup to a global powerhouse, revolutionizing digital content distribution and winning numerous awards along the way. Known for his innovative management style and commitment to company culture, Hastings has also made significant contributions to education reform and philanthropy. With a net worth estimated at $3 billion in 2024, he continues to inspire entrepreneurs worldwide. Fun fact: before his business career, Hastings served as a Peace Corps math teacher in Africa, highlighting his lifelong dedication to learning and service.
Wealth in Perspective
Fun Fact
Reed Hastings served in the Peace Corps teaching math in Swaziland.
Full Name
Wilmot Reed Hastings Jr.
Nickname
Reed
Nationality
American
Birthday
October 08, 1960
Age
64
Zodiac Sign
Libra
Height
6'1" (185 cm)
Weight
176 lbs (80.0 kg)
Marital Status
Married
Spouse
Patty Quillin
Children
2
Education
Bowdoin College (BA), Stanford University (MS)
Famous For
Co-founding and leading Netflix
First Big Break
Launching Netflix in 1997, introducing the subscription DVD rental model
Social Media
@reedhastings (Twitter)
Businesses Owned
Netflix, investments in education technology startups
Awards
Emmy Engineering Award, inclusion in Time 100, numerous business leadership honors
Category
Business
Controversies
Faced backlash for Netflix price hikes and the Qwikster split attempt in 2011
Hobbies
Philanthropy, reading, adventure travel
Interests
Education reform, technology innovation, environmental conservation
Quote
"Do not tolerate brilliant jerks. The cost to teamwork is too high."