Eric Schmidt
01Overview
Our base-case estimate of Eric Schmidt's net worth is $41.1 billion. Most of it is still Google: about 43.4 million Alphabet voting shares1 and, in our assumed minimum-holding scenario, about 39.5 million non-voting Class C shares, together worth $26.4 billion at the October 23, 2026 closes. The next biggest piece is a reported stake of about 1% in Anthropic4, the artificial intelligence company, worth about $9.7 billion at its May 2026 funding value.
Schmidt was Google's chief executive from 2001 to 2011, taking it through its 2004 IPO, then its executive chairman until 2018. He has been selling and giving away shares since at least 2010. Since he left Alphabet's board in 2019 his trades no longer have to be reported one by one, which makes him one of the harder big fortunes to pin down.
The published estimates are far apart. Forbes had him at $36.3 billion on October 24, 2026; Bloomberg's index, which says it counts about 80 million Class C shares from a 2019 filing, had $64.6 billion. Our selected scenarios, $31.4 billion to $53.9 billion, show how much turns on two numbers nobody outside the family can see: his Class C share count and his Anthropic stake. They are not a full range; actual wealth could fall outside them.
| Born | April 27, 1955, Washington, D.C. |
| Age | 71 |
| Residence | Los Angeles and Santa Barbara, California; also homes in San Francisco, Washington, D.C., New York and London |
| Source of wealth | Google, which he joined as chairman in March 2001 and ran as CEO from 2001 to 2011 |
| Largest holding | 43,439,037 Alphabet Class A and B shares (June 30, 2025) plus Class C shares |
02Reconcile the Estimate
Schmidt left Alphabet's board in June 2019, so he no longer files a Form 4 for every trade. His last ownership filing, a Schedule 13G/A for June 30, 2025, lists 48,808,584 voting shares (Class A, counting Class B as converted)1, of which 5,369,547 belong to three Schmidt charities. The non-voting Class C shares have not been reported since February 2019, when he held 79,984,300 (as adjusted for the 2022 split)2. A 2014 agreement with Google, if it is still in force, bars him from selling Class C shares if that would leave him with more Class B than Class C3, and his 2019 holdings sat right at that line, so our base case is an assumed minimum-holding scenario: about as many Class C shares as Class B, 39,507,677. The agreement allows him to hold more; it does not show that he holds exactly the minimum.
| Counted | Basis | Value |
|---|---|---|
| Alphabet Class B sharesDisclosed | 13G/A for June 30, 2025: 39,507,677 shares (Schmidt Family Living Trust 34,173,405, Schmidt Investments, L.P. 5,331,500, direct 2,772), convertible one-for-one into Class A, x $320.21 | $12.65B |
| Alphabet Class A sharesDisclosed | 13G/A for June 30, 2025: 3,931,360 shares (direct 316,360, plus 3,615,000 in four Schmidt LLCs: Special Strategies I and II, Hillspire Holdings and Big Hen Group I) x $320.21 | $1.26B |
| Alphabet Class C sharesEstimated | Assumed minimum-holding scenario: 39,507,677 shares, equal to his Class B count, the least the 2014 transfer agreement allows if it is still in force3; 79,984,300 were reported in February 20192. x $317.28 | $12.54B |
| Anthropic stakeEstimated | About 1% (Bloomberg, October 19, 2026)4 of the $965 billion post-money value of Anthropic's Series H, May 28, 20265. Neither Schmidt nor Anthropic has confirmed the stake | $9.65B |
| Cash and investments from stock salesModeled | Simplified model, not a reconstruction: about $7.9 billion of Google stock sales (Bloomberg)6, less a flat assumed 37.1% tax, less the Relativity Space money and the homes counted below. Other spending, gifts and investment returns are unknown (see the table under Assets) | $3.80B |
| Relativity SpaceModeled | Nearly $800 million put into the rocket maker since 2025 (Bloomberg, December 2025), counted at cost; he has a controlling stake | $0.80B |
| Real estateModeled | Eight properties at reported purchase prices, 2020-2025, about $367 million (listed under Assets) | $0.37B |
| Estimated net worth | $41.1B | |
What Makes Up the Estimate
| Alphabet Class B sharesDisclosed | $12.65B | 31% | |
| Alphabet Class A sharesDisclosed | $1.26B | 3% | |
| Alphabet Class C sharesEstimated | $12.54B | 31% | |
| Anthropic stakeEstimated | $9.65B | 24% | |
| Cash and investments from stock salesModeled | $3.80B | 9% | |
| Relativity SpaceModeled | $0.80B | 2% | |
| Real estateModeled | $0.37B | 1% |
Solid: holdings counted from a filing or a market price. Hatched: modeled or estimated holdings that rest on our assumptions.
| Left out | Why | Value |
|---|---|---|
| Alphabet shares held by Schmidt charities | 5,369,547 Class A shares on June 30, 2025: Schmidt Family Foundation 2,511,602, Eric and Wendy Schmidt Fund for Strategic Innovation 2,830,845, Schmidt Ocean Institute 27,1001. Given away, so not counted | $1.72B |
| Charities' other assets | The three charities reported about $3.69 billion of total assets for 2024 (Form 990-PF filings), including the shares above | $3.69B |
| Class C shares above the minimum-holding scenario | Up to 40,476,623 more, if he has sold none since February 2019 (79,984,300 less 39,507,677); this is our high scenario | $12.84B |
| 20% of D. E. Shaw and venture investments | Hillspire bought the D. E. Shaw stake in 2015 for an undisclosed price, and his venture holdings have no public values. They are not valued separately; if they were paid for out of sale proceeds, their cost is in effect still inside the modeled cash line, at cost, not at today's value | Not valued separately |
Alphabet at the October 23, 2026 closes of $320.21 (Class A, also used for Class B) and $317.28 (Class C); Anthropic at its May 2026 Series H value; homes and Relativity at cost. Two selected scenarios: $31.4 billion leaves out the unconfirmed Anthropic stake; $53.9 billion counts all 79,984,300 Class C shares from 2019. They do not capture every uncertainty listed below, so actual wealth could fall outside them.
Not observable: any Alphabet shares sold or given away since June 30, 2025 (his Class A and B holdings fell by 8.1 million shares in the first half of 2025 alone); his actual Class C count; whether he has sold any Anthropic shares (a sale would turn part of the stake into cash, not remove it); what Relativity Space, D. E. Shaw and his venture investments are worth; how he has spent or reinvested his sale proceeds; and any personal debt, none of which is disclosed.
Explore the assumptions
Class A and B shares are the 43,439,037 in his 13G/A for June 30, 2025. Everything else, $5.0 billion of modeled cash, Relativity Space and homes, is held constant.
03Wealth History
Forbes: Mar 6, 2018 $13.4B; Mar 5, 2019 $12.9B; Apr 7, 2020 $13.2B; Apr 6, 2021 $18.9B; Apr 5, 2022 $22.1B; Apr 4, 2023 $16.2B; Apr 2, 2024 $20.6B; Apr 1, 2025 $24B; Mar 10, 2026 $35.5B. DaveManuel.com: Oct 23, 2026 $41.1B.
Forbes: annual World's Billionaires lists, as published; not inflation-adjusted. DaveManuel.com: this estimate, October 23, 2026, which counts an Anthropic stake that Forbes' profile does not mention. The two are not joined.
04Published Estimates
| Source | Date | Estimate |
|---|---|---|
| DaveManuel.com | October 23, 2026 | $41.1B base case (scenarios $31.4-53.9B) |
| Forbes Real-Time | October 24, 2026 | $36.3B (No. 63) |
| Forbes 400 | September 15, 2026 | $37.8B (No. 26) |
| Bloomberg Billionaires Index | Profile accessed October 25, 2026 | $64.6B (No. 32) |
Bloomberg's profile says it counts about 49 million Class A and B shares and about 80 million Class C shares from a 2019 filing, plus his sale proceeds, Hillspire's 20% stake in D. E. Shaw and Relativity Space. Its October 19, 2026 article put him at $57.5 billion before the Anthropic stake. Forbes' profile notes his Alphabet stake and the 20% D. E. Shaw stake his family office bought in 2015, but does not mention Anthropic or Relativity Space and does not publish a share count. Our base case counts the Class A and B shares in his latest filing, uses an assumed minimum-holding scenario for Class C (about half the 2019 count), and adds Anthropic at its last funding value.
05Assets and Liabilities
Schmidt's wealth is mostly Alphabet stock in three classes, valued at the October 23, 2026 closes, plus a reported Anthropic stake and the proceeds of years of selling. Every $10 move in Alphabet changes his net worth by about $0.83 billion on our share counts.
| Asset | Value |
|---|---|
| Alphabet shares | |
| Class B (10 votes each)139,507,677 shares, mostly in the Schmidt Family Living Trust and Schmidt Investments, L.P., valued at the Class A price | $12.65B |
| Class A13,931,360 shares held directly and in four Schmidt LLCs | $1.26B |
| Class C (no vote, estimated)2Assumed minimum-holding scenario: 39,507,677 shares, the least his 2014 transfer agreement allows if it is still in force3; 79,984,300 were reported in February 2019 | $12.54B |
| Private holdings | |
| Anthropic4About 1%, from an early investment (Bloomberg reports he put tens of millions of dollars into its 2021 Series A), at the $965 billion Series H value | $9.65B |
| Relativity SpaceNearly $800 million invested since 2025, at cost; controlling stake | $0.80B |
| Cash and property | |
| Cash and investments from stock sales6Modeled residual: about $7.9 billion of Google stock sold, less a flat assumed 37.1% tax and the Relativity and property spending shown here (see How We Model the Cash, below). How the rest is invested is not public | $3.80B |
| Real estateAt reported purchase prices: Spelling Manor, Holmby Hills, Los Angeles ($110M, 2025); Enchanted Hill, Beverly Crest, Los Angeles ($65M, 2021); Jay Paley House, Holmby Hills, Los Angeles ($61.5M, 2021); 18 Holland Park, London ($55M, 2024, GBP 42 million); Villa Solana, Santa Barbara ($30.8M, 2020); Pacific Heights co-op, San Francisco ($24M, 2025); Georgetown houses, Washington, D.C. ($15.1M, 2023); 1059 Angelo Drive, Beverly Hills ($5.2M, 2021) | $0.37B |
| Total assets | $41.06B |
| Estimated net worth | $41.06B |
Not included: Alphabet shares and other assets of the Schmidt Family Foundation, the Eric and Wendy Schmidt Fund for Strategic Innovation and the Schmidt Ocean Institute, which together reported about $3.69 billion of assets for 2024; Hillspire's 20% stake in D. E. Shaw, his limited-partner stake in the Washington Commanders and venture investments through Innovation Endeavors and Hillspire, none of which has a public value (if they were bought with sale proceeds, their cost is in effect inside the modeled cash line). He sold his Atherton home for $22.5 million in 2024 and agreed to sell his New York penthouse in 2025. No loans are disclosed.
06Current Positions
| Organization | Role |
|---|---|
| Relativity Space | Chief executive officerSince March 10, 2025; controlling investor |
| Special Competitive Studies Project | ChairAI and national security think tank he launched October 5, 2021 |
| SandboxAQ | ChairmanAI and quantum software company spun out of Alphabet in 2022 |
| Schmidt Family Foundation | Co-founderStarted with Wendy Schmidt in 2006 |
| Innovation Endeavors | Co-founderVenture capital firm, 2010 |
07How the Fortune Was Built
| 1955 | Born April 27. His father, Wilson Schmidt, was an economics professor. | |
| 1976 | Graduates from Princeton in electrical engineering. | |
| 1982 | Earns his PhD at the University of California, Berkeley, after a 1979 master's. | |
| 1983 | Joins Sun Microsystems as a software manager; becomes chief technology officer in 1994. | |
| 1997 | Becomes chairman and CEO of Novell on April 7. | |
| 2001 | Joins Google as chairman in March and is named CEO on August 6. | |
| 2004 | Google goes public on August 19 after pricing at $85 a share; its May 2004 filing showed Schmidt with about 6%. | |
| 2011 | Hands the CEO job to Larry Page on April 4 and becomes executive chairman; Google had approved a $100 million stock and option award for him in January. | |
| 2013 | Discloses a plan to sell up to 3.2 million shares, about 42% of his stake at the time. | |
| 2015 | His family office, Hillspire, buys 20% of the hedge fund D. E. Shaw. | |
| 2018 | Steps down as Alphabet's executive chairman in January. | $13.4B (Forbes list) |
| 2019 | Leaves Alphabet's board on June 19, ending his duty to report each trade. | $12.9B (Forbes list) |
| 2021 | Invests in Anthropic's Series A. | $18.9B (Forbes list) |
| 2025 | Becomes CEO of Relativity Space on March 10; buys Spelling Manor for $110 million. | $24.0B (Forbes list) |
| Oct 2026 | Bloomberg reports on October 19 that he owns about 1% of Anthropic, ahead of its expected IPO. | $41.1B |
08Profile
| Full name | Eric Emerson Schmidt |
| Spouse | Wendy Schmidt (married 1980) |
| Children | Two daughters |
| Education | BSE, electrical engineering, Princeton University, 1976; MS 1979 and PhD 1982, electrical engineering and computer science, University of California, Berkeley |
| Early career | Sun Microsystems, 1983-1997 (chief technology officer from 1994); chairman and CEO of Novell, 1997-2001 |
| Current role | CEO of Relativity Space since March 10, 2025 |
09Background and Google
Schmidt trained as an engineer (Princeton, then a Berkeley PhD in 1982), spent 14 years at Sun Microsystems, where he became chief technology officer, and ran Novell from 1997. Google's investors wanted an experienced chief executive beside its young founders, Larry Page and Sergey Brin, and Schmidt took the job in August 2001. He ran the company through its 2004 IPO and the years in which it became the dominant search and advertising business, then handed the CEO role back to Page in 2011 and stayed on as executive chairman until January 2018.
10Selling Down
Fifteen years of trading plans
Schmidt has sold Google stock under pre-arranged trading plans since at least 2010. A plan disclosed in February 2012 covered 2.4 million shares, which was expected to cut his stake from 2.8% to 2.1%, and one announced in February 2013 covered 3.2 million shares, about 42% of what he then owned. Those are pre-2014 shares; each one is now 20 Class A or B shares and 20 Class C shares. Bloomberg estimates he has collected about $7.9 billion from selling Google stock.6
What the filings still show
Because he is no longer an insider, the only regular disclosure is a Schedule 13G covering his voting shares. Together with his final Form 4, the filings show his Class B shares falling from about 79.9 million in early 2019 to 47.5 million at the end of 2024 and 39.5 million on June 30, 2025.1 That June 2025 filing reported he owned under 5% of the Class B shares and none had been filed since as of October 25, 2026. Class C shares carry no vote and are not covered by it, so the last count is from his final Form 4, in February 2019.2
11After Google
Anthropic
Schmidt was an early backer of Anthropic, investing in its 2021 Series A. On October 19, 2026, Bloomberg reported that he owns about 1% of the company, which would be worth about $9.7 billion at the $965 billion value of its May 2026 funding round and more if its planned stock market listing values it higher. Bloomberg said it was unclear whether he had sold any shares; a sale would turn part of the stake into cash rather than remove it from his fortune. Schmidt and Anthropic declined to comment.4
Rockets, hedge funds and AI
In March 2025 Schmidt took a controlling stake in Relativity Space, a Long Beach rocket maker, and became its chief executive; Bloomberg reported in December 2025 that he had provided nearly $800 million. His family office, Hillspire, bought 20% of the hedge fund D. E. Shaw in 2015, and he invests in startups through Innovation Endeavors and Hillspire. None of these holdings has a public value, so apart from Relativity at cost we do not count them.
Homes and giving
The Schmidts have spent at least $367 million since 2020 on the homes whose prices have been reported, most recently $110 million for Spelling Manor in Los Angeles in 2025, after selling their longtime Atherton house for $22.5 million in 2024. Their charities, including the Schmidt Family Foundation, the Eric and Wendy Schmidt Fund for Strategic Innovation and the Schmidt Ocean Institute, reported about $3.69 billion of assets for 2024. We leave those out because the money has been given away.
12How We Model the Cash
A simplified model, not a reconstruction of his actual taxes and remaining assets.
| Step | Amount |
|---|---|
| Google stock sale proceeds, as estimated by Bloomberg6 | $7.90B |
| Assumed tax, flat 37.1% (federal, net investment income and California) | -$2.93B |
| Relativity Space, counted separately at cost | -$0.80B |
| Homes with reported prices, counted separately at cost | -$0.37B |
| Other spending, gifts, taxes above or below our assumption, and investment gains or losses | Unknown, not modeled |
| Modeled residual: cash and investments | $3.80B |
The purchase cost of the D. E. Shaw stake and his venture investments is not public, so it is not subtracted. If they were paid for out of these proceeds, their cost is in effect still inside the residual; we do not value them on top of it.
13Schmidt's Alphabet Voting Shares Over Time
Class B shares reported in his Alphabet filings, adjusted for the 2022 20-for-1 split. Class B shares carry 10 votes each and convert into Class A when sold or given away.
| As of | Filing | Class B shares |
|---|---|---|
| February 25, 2019 | Form 4 | 79,926,220 |
| December 31, 2019 | Schedule 13G/A | 78,759,260 |
| December 31, 2021 | Schedule 13G/A | 62,008,160 |
| December 31, 2022 | Schedule 13G/A | 60,929,262 |
| December 31, 2023 | Schedule 13G/A | 54,115,182 |
| December 31, 2024 | Schedule 13G/A | 47,472,677 |
| June 30, 2025 | Schedule 13G/A (latest) | 39,507,677 |
The filings do not say how many of the shares were sold and how many were given away.
14Frequently Asked Questions
What is Eric Schmidt's net worth?
Our base-case estimate is $41.1 billion at October 23, 2026 prices, with selected scenarios of $31.4 billion to $53.9 billion; actual wealth could fall outside them. Forbes had him at $36.3 billion on October 24, 2026, and the Bloomberg Billionaires Index at $64.6 billion on its profile as read on October 25, 2026.
How much Alphabet stock does Eric Schmidt own?
His latest filing, for June 30, 2025, shows 48,808,584 Class A and Class B shares, of which 5,369,547 are held by his charities. He also owns non-voting Class C shares; the last reported count was 79,984,300 in February 2019, and our base case assumes about 39.5 million now, the minimum-holding scenario. We value his Alphabet stake at $26.4 billion at the October 23, 2026 closes.
Does Eric Schmidt own part of Anthropic?
Bloomberg reported on October 19, 2026 that he owns about 1% of Anthropic from an early investment, which would be worth about $9.7 billion at the company's $965 billion May 2026 valuation. Neither Schmidt nor Anthropic has confirmed it.
Is Eric Schmidt still at Google?
No. He was CEO from 2001 to 2011 and executive chairman until January 2018, left Alphabet's board on June 19, 2019, and ended his role as a technical adviser in 2020. Since March 2025 he has been chief executive of Relativity Space.
Why do Forbes and Bloomberg disagree so much about him?
Neither has a current Class C count to work from, because those shares have not been reported since February 2019. Bloomberg says it counts about 80 million Class C shares from a 2019 filing plus his stake in D. E. Shaw; Forbes does not say how many shares it counts. Our estimate falls between them.
15Sources and Method
This is a sum-of-the-parts estimate. Alphabet Class A and B shares come from Schmidt's Schedule 13G/A for June 30, 2025, his latest, leaving out the 5,369,547 shares held by his charities; Class B shares are valued at the Class A close of $320.21. Class C shares have not been reported since February 2019, so our base case uses an assumed minimum-holding scenario of 39,507,677, the same as his Class B count and the fewest a 2014 transfer agreement with Google allows if it is still in force; his 2019 holdings were at that level, but he may hold more. They are valued at the Class C close of $317.28. Anthropic is counted at about 1% of its $965 billion May 2026 funding value, as reported by Bloomberg. Cash is a simplified model: Bloomberg's estimate of about $7.9 billion of sale proceeds, less a flat assumed 37.1% tax and the money we can see he has spent on Relativity Space and homes, which are counted at cost. That gives a base case of $41.1 billion.
Two selected scenarios show the effect of the biggest unknowns: $31.4 billion leaves out the unconfirmed Anthropic stake, and $53.9 billion assumes he still owns all 79,984,300 Class C shares reported in 2019. They are not a full range; actual wealth could fall outside them. We do not count his charities, the D. E. Shaw stake or venture holdings without a public value, and we do not deduct taxes he would owe if he sold. Later sales would reduce the Alphabet holding shown here, but the proceeds may remain in cash or other investments; gifts, taxes, spending and investment returns decide the effect on his total net worth.
- Holdings: Schmidt Schedule 13G/A Amendment No. 21 for June 30, 2025 (SEC), Amendment No. 20 for December 31, 2024 (SEC) and earlier amendments (2023, 2022, 2021, 2019); final Form 4, filed February 27, 2019 (SEC); 2014 Transfer Restriction Agreement (SEC).
- Share prices: October 23, 2026 closes (GOOGL; GOOG, StockAnalysis).
- Anthropic and Relativity: Bloomberg, October 19, 2026 (Bloomberg; Business Standard; TechCrunch); Anthropic Series H (Anthropic); Relativity Space (TechCrunch; Bloomberg Law); D. E. Shaw (New York Times).
- Google career and sales: InternetNews, 2001; IPO (CNN Money; InformationWeek); 2011 award (SEC 8-K); 2017 change (SEC 8-K); 2012 plan (City A.M.); 2013 plan (CNBC); board exit (MobileSyrup).
- Homes and charities: Spelling Manor (The Real Deal); Los Angeles homes (The Real Deal); London (City A.M.); Santa Barbara (Variety); San Francisco (Benzinga, citing the Wall Street Journal); Washington (The Georgetowner); Atherton sale (Inman); charities (ProPublica).
- Estimates and biography: Forbes profile; Bloomberg Billionaires Index; Novell appointment (Novell); CNN Fast Facts; Wikipedia.
1 Schedule 13G/A Amendment No. 21, event date June 30, 2025, filed August 14, 2025: 48,808,584 Class A shares counting 39,507,677 Class B as converted, including 5,369,547 Class A shares held by three Schmidt charities. No later filing had been made as of October 25, 2026.
2 Schmidt's final Form 4, filed February 27, 2019: 3,999,215 Class C shares, or 79,984,300 after Alphabet's July 2022 20-for-1 split, held directly, in the Schmidt Family Living Trust and in two Schmidt Investments partnerships.
3 Transfer Restriction Agreement of March 25, 2014 between Google, Schmidt, his family trust and two Schmidt Investments partnerships: they may not sell non-voting (Class C) shares if that would leave them with more Class B than non-voting shares. It ends if their voting power falls below 2% of Alphabet's total; by our calculation from the percentages in his 2025 filing, it was between about 2.8% and 3% in mid-2025. No change to the agreement has been disclosed; it can also be ended by agreement of all the parties.
4 Bloomberg, October 19, 2026: Schmidt owns around 1% of Anthropic thanks to his early investment; it is unclear whether he has sold any of the stake. Schmidt and Anthropic declined to comment.
5 Anthropic announced its Series H on May 28, 2026: $65 billion raised at a $965 billion post-money valuation.
6 Bloomberg Billionaires Index profile, accessed October 25, 2026: about $7.9 billion collected from the sale of Google stock, based on company filings and Bloomberg data.
Prices: October 23, 2026. Latest disclosed voting holdings: June 30, 2025. Research last reviewed: October 26, 2026. Net worth figures are estimates built from public filings and reporting; private holdings are valued conservatively and may differ from what the person would report.
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