Frederic Luddy

Frederic Luddy (#2886)

Global Rank #2886

Country Rank #887

Country United States

There is no better experience than giving someone a piece of technology that lets them do something they never thought they could do.

$ 1 B
Software
United States
M
71 Years

Snapshot

Quick Facts

Global Rank #2,886

Country Rank #887

Net Worth $1.3B

Previous Worth $1.3B

Worth Change +$0.0B

Country United States

Industry Software

Age 71 Years

Gender M

Worth As Of May 4, 2026

Residence San Diego, California

Citizenship United States

World Billionaires List United States Billionaires Software

Profile Data

Personal Stats

Age 71

Source Of Wealth Software, Self Made

Residence San Diego, California

Citizenship United States

Marital Status Single

Children 1

Education Drop Out, Indiana University

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $1.3B

Current Net Worth $1.3B

Worth as of May 4, 2026

About Me

Fred Luddy, a serial entrepreneur, cofounded enterprise software company ServiceNow in 2004, a few weeks before he turned 50. At the time, Luddy had just lost a nearly $35 million fortune when his previous employer, Peregrine Systems, filed for bankruptcy. Advised by Sequoia Capital, Luddy turned down a $2.5 billion acquisition offer for ServiceNow in 2011 and took it public the next year. Luddy stepped down as CEO in 2011 to serve as chief product officer, a role he held until 2017. He became chairman of the board in 2018. ServiceNow generated $9 billion in revenue in 2023.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Frederic Luddy.

#2858

Billionaires (2026)

Wealth Growth

Net Worth Growth Over Time

Tracking Frederic Luddy's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $1.3B (May 4, 2026)