Eric Smidt (#156)
- $ 18 B
- Hardware stores
- United States
- M
- 66 Years
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About Me
Eric Smidt is CEO of nearly $9 billion (sales) Harbor Freight Tools, a home improvement retailer that has over 1,600 stores. Smidt was a teenager when he started Harbor Freight Tools with his father Allan in 1977. He earned enough credits at his job to graduate high school. In the beginning, Harbor Freight was a mail-order business that sold tools out of a small warehouse in North Hollywood. Smidt became president of the company in 1985 and CEO and sole owner in 1999. In 2010, his father Allan sued him for "looting" the company and leveraging it to finance his own lavish lifestyle. The case was settled out of court.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Eric Smidt’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Eric Smidt’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $17.9B
(May 4, 2026)
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