- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.1 Billion
- Birthdate:
- 1938 (86 years old)
- Gender:
- Male
- Profession:
- Entrepreneur, Businessperson
- Nationality:
- United States of America
What is Carl Berg's Net Worth?
Carl Berg is an American businessman, real estate investor and venture capitalist who has a net worth of $1.1 billion. Berg's story is a quintessential example of success that includes a gradual rise from rags to riches. Born in 1938, he had to work as a vending machine repairman at night to get himself to university. After he graduated from the University of New Mexico, he climbed up the career ladder and eventually was able to make his own lucrative investments.
It was in 1997 that he bought Mission West Properties Real Estate Investment Trust. He eventually sold it to realty developer Divco West five years later, netting $1.3 billion in the process. Furthermore, he is one of the principals of Berg & Berg Enterprises, LLC, as well as a major investor and board member of Valence Technologies and Summit Semiconductor. In addition to the above, Carl Berg also sits on the board of directors of Lynox Works.
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