Nick Woodman - Net Worth, Age, Height, Birthday, Bio, Wiki!

Explore Nick Woodman net worth, age, height, bio, birthday, wiki, and salary! He is best known for his leadership of the GoPro high-definition camcorder business. His net worth was more than 2.5 billion as of the beginning of 2015. However, he was named one of the worst CEOs in the world in 2016. In this article, we will discover how old is Nick Woodman? Who is Nick Woodman dating now & how much money does Nick Woodman have?

Nick Woodman Biography

Nick Woodman is one of the most popular and richest Entrepreneur who was born on June 24, 1975 in Santa Clara County, California, United States. Woodman’s GoPro company sponsored Woodman’s GoPro company sponsored freerunner Jason Paul and a number of other athletes. , a freerunner, and many other athletes.

Nicholas D. Woodman (born June 24, 1975) is an American businessman, and the founder and CEO of GoPro.

Woodman is the son of Concepcion (née Socarras) and Dean Woodman. His father was born into a Quaker family and co-founded the investment bank Robertson Stephens; and his mother is of Hispanic descent and re-married Irwin Federman, General Partner of U.S. Venture Partners in 1992. Woodman grew up in Menlo Park, California and Atherton, California, attending the Menlo School, where he graduated in 1993. He earned a bachelor’s degree in visual arts and a minor in creative writing from the University of California, San Diego in 1997.

He was the son of Concepcion Socarras and Dean Woodman. He is married to Jill Scully and has three children.

He won the EY Entrepreneur of Year Award 2013 in the United States.

The first GoPro product was a 35mm film camera developed by a Chinese company named Hotax that incorporated Woodman’s custom wrist strap, slight modifications to the housing, and the GoPro logo. Hotax sold Woodman the rebranded camera for $3.05 and the cameras retailed for about $30. Woodman would go about selling his products while using his 1971 Volkswagen Bus that he named ‘The Buscuit’ as his mobile home. The product has since evolved into a compact digital camera that supports WiFi, can be remotely controlled, has waterproof housing and records to a micro SD card.

Nick Woodman Net Worth

Nick is one of the richest Entrepreneur from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Nick Woodman's net worth $5 Million. (Last Update: January 13, 2024)

After studying creative writing and visual art at the University of California in San Diego, he started a company called funBug. However, he decided to go on a surfing vacation around the globe after his first business venture failed. He came up with the idea of GoPro while on extended vacation.

After a successful IPO, the couple donated 5.8 million shares of GoPro stock to the Jill + Nicholas Woodman Foundation, a fund they created at the Silicon Valley Community Foundation in 2014. This donation allowed Nick Woodman to reduce his taxable income by approximately $450 million while avoiding capital gains taxes on the sale of the stock. From 2014 to 2018, the value of the donated GoPro stock declined from $500 million to $36.1 million. Woodman has not announced when or how much of the original stock the foundation sold. Woodman was one of the biggest donors in the tech industry in 2014; however, it angered investors because the donation avoided the typical 180-day waiting period after an IPO. Woodman has not announced how much, if any, of the donation has been distributed to charitable causes, nor has he announced the intention of the foundation.

In 2004, Woodman made his first big sale when a Japanese company ordered 100 cameras at a sports show. Thereafter, sales doubled every year, and in 2012, GoPro sold 2.3 million cameras. In 2005, Woodman appeared on QVC to sell his GoPro Hero. In 2004, GoPro had about $150,000 in revenue which grew to about $350,000 in 2005. In December 2012, the Taiwanese contract manufacturer Foxconn purchased 8.88% of the company for $200 million which set the market value of the company at $2.25 billion making Woodman, who owned the majority of the stock, a billionaire. On June 26, 2014, GoPro went public – closing the day at $31.34 a share. In 2014, Woodman was the highest paid US chief executive, paying himself $235 million while GoPro earned profits of $128 million.

Ethnicity, religion & political views

Many peoples want to know what is Nick Woodman ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Nick Woodman's ethnicity is Not Known. We will update Nick Woodman's religion & political views in this article. Please check the article again after few days.

In March 2014, Woodman was honored for his philanthropic work with BUILD at their 5th annual gala in San Francisco.

Who is Nick Woodman Dating?

According to our records, Nick Woodman married to Jill Woodman. As of January 13, 2024, Nick Woodman’s is not dating anyone.

While in Australia and Indonesia on a surf trip, he used a 35mm camera attached to the palm of his hand by a rubber band to try to capture his surfing activities on film. Seeing that amateur photographers like him, who wanted to capture high quality action photos of their activities, had difficulties because either they could not get close enough to the action or were unable to purchase appropriate quality equipment at affordable prices, his trip became his inspiration to found GoPro. His solution was to develop a belt that would attach the camera to the body. To finance the business, Woodman borrowed $200,000 from his father, who still owned a 6.4% stake in May 2014. Nick also borrowed $35,000 and a sewing machine from his mother, which he used to sew camera straps while experimenting with early designs. Nick and his future wife Jill generated an additional $10,000 by selling shell necklaces they bought in Bali (for $1.90) from their car along the California coast (for $60). His desire for a camera system that could capture close up footage inspired the ‘GoPro’ name as, at that time, the only surfers who were filmed were the professionals.

Height, Weight & Body Measurements

Nick Woodman height Not available right now. Nick weight Not Known & body measurements will update soon.

Woodman won the national Ernst & Young Entrepreneur of the Year award in the retail and consumer products category in 2013. In 2014, Woodman accepted an Emmy Award on behalf of GoPro for Technology and Engineering in the category of Inexpensive Small Rugged HD Camcorders.

In 2015, GoPro formed a partnership with the NHL in which the NHL would use GoPro products to improve the viewing experience for fans. Woodman has been invited to speak at various tech conferences and in October 2015, Woodman was a guest on the Late Show with Stephen Colbert and wore a GoPro camera for the entirety of the interview. Woodman appeared as a shark investor in the sixth season of the show Shark Tank. Woodman has invested $125,000 as of November 2015 on Shark Tank on two investments.

Facts & Trivia

Nick Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in United States. Nick Woodman celebrates birthday on June 24 of every year.

With the many changes at and involving GoPro, including numerous job cuts and falling stock prices, Woodman was named in a 2016 Fox Business article as one of the year’s worst CEOs.

Is Nick Woodman a billionaire?

In 2014, Woodman took GoPro public, and continued to put out new products. In 2015, the popular camera and his majority stake in the company placed him on the Forbes billionaire list, with an estimated net worth of $1.75 billion.

Does Nick Woodman still own GoPro?

GoPro reported revenue of $891.9 million at the end of the 2020 fiscal year. The top individual shareholders of GoPro are Nicholas Woodman, Brian McGee, Kenneth Goldman, Peter Gotcher, and Alexander Lurie.

What is Nick Woodman worth?

With shares hovering at just above $11.00, Woodman is now worth a little more than $995 million, a far cry from the $3.3 billion he was worth in Sept.

What did Nick Woodman do before GoPro?

Sure enough, after graduating from UC San Diego, Nick founded his first startup, a website called EmpowerAll.com. The idea behind the site was to sell electronic goods for a markup of $2 or less. The site failed to launch, and Nick shut it down quickly. His second entrepreneurial effort made a bigger splash.

How much is GoPro worth now?

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. GoPro net worth as of June 03, 2022 is $1.1B.

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