Celebrity Net worth Summary
| Celebrity net worth | $10.4 million |
| Age | 83 |
| Year of birth | 1939 |
| Country/State of Origin | Youngstown, Ohio |
| Source of wealth | Company shares and stocks |
| Career | Businessman |
| Marital Status | Married |
| Wikipedia | https://en.m.wikipedia.org/wiki/George_Conrades |
George Conrades is the former chairman of the board and Chief Executive officer of Akamai technologies. He was named the CEO of the company in April 1999. He further went on to become Executive Chairman and Chairman in 2005 and 2010 respectively.
George Conrades has directed a wide range of activities and companies from tech to the Entertainment sector.
He has headed two manufacturing and development groups in the United States and Asia chapter of International Business Machine (IBM). It is without a doubt that George Conrades is a very established businessman.
This article reviews the net worth of George Conrades and his complete biography.
George Conrades Net worth
George Conrades has an estimated net worth of $10.4 million. The bulk of George Conrades net worth comes from his ownership of over 6,509 units of Oracle stock together with additional incomes from being an Independent Director at Oracle.
As an independent director at Oracle, Gorge Conrades makes $461,240. George Conrades’s net worth is bound to keep increasing as he has affiliations on various boards including the board of Ironwood Pharmaceuticals and Harley-Davidson.
The independent director has holdings worth millions of dollars. George trades an average of 3,373 units of Oracle stock every 31 days since 2003.
A testament to the higher potential of George Conrades’s net worth is the fact that he still holds about 50,675 units of Oracle stock.
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Early life
George Conrades was born in 1939 in the United States. He spent his childhood in Youngstown, Ohio in the early 1950s. Conrades went on to explain that as a child he always believed that he would be a rock star, not a businessman.
In 1961, George Conrades was awarded a B.S degree in Physics and mathematics from Ohio Wesleyan University.
In 1971, he received an MBA from the University Of Chicago Booth Graduate School of business.
The first professional position that George Conrades held was that of sales representative for Big Blue Columbus, Ohio.
Career
Conrades has an impressive career track record. The businessman has served in various corporations and organizations, some of which he has been even opportune to lead.
After working for 10 years at the International Business Machine, Conrade branched into the business sector with a management position in Chicago.
This first professional position came with a lot of responsibilities as he was tasked with handling one of the company’s largest accounts. After George Conrades Got his MBA degree he was now worthy of advancing for higher roles and top business opportunities.
He climbed to the position of senior vice president and member of the corporate management board. Conrades later went on to form a technology consulting firm in the reputable R&D company, Bolt Beranek, and Newman (BBN) in 1994.
The company will grow to become one of the earliest internet service providers.
In 1999, he became the chairman and chief executive officer of Akamai technology after just joining them a year ago.
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Family
George Conrades is married to Patricia Conrades and he usually gives her credits as being the most supportive person towards chasing his career.
The couple has six kids who are all grown. Among their children, Gus Conrades seems to be the one who was more in the public limelight.
George Conrades son was the center of attention in the reputable Forbes magazine more than 10 years ago.
In an attempt to carve out something for himself, George Conrades son who was known as Gus ventured into different sections of the tech market, his last business venture was into the automotive industry which he was involved in at the time of his death in December 2001.
Luxury life
George Conrades keeps private part of his life away from the public hence not much is known of any extravagance. The Chief Executive Officer owns a five-bedroom luxury home in Boston’s Back Bay neighborhood.
The house was initially purchased for $4.6 million in 2003 but is reported to now have a worth of about $11.2 million.
His house is 7,500 square feet and has five bedrooms, 8 bathrooms, a two-story paneled library, and seven fireplaces.
The house features a sky-lit roof and a personal garden. The main feature of the beautiful and luxurious house is its beautiful view of the Charles River.
Awards and Achievements
With an impressive 53-year career track record, George Conrades has been at the center of many positive reviews, awards, achievements, and recognitions.
He has popularly been dubbed the man who reveled in the thrill side of technology.
The businessman who has moved early mainframes from internet startups to billion-dollar success is an inspiration to many. Some of his various achievements so far in his career include
- Senior VP and GM United States at IBM (June 1961 – March 1992)
- Chairman and CEO of Bolt, Beranex, and Newman technologies (1994 – 1997)
- Executive VP GTE, and President GTE Internetworking ( 1997 -1998)
- Director of Ironwood Pharmaceuticals (2007 – 2013)
- Director of Harley Davidson Motor Company(May 2002 – June 2016)
- Chairman of Akamai Technologies ( 1999 -2018)
- Chairman of the board to LinkDrive Inc (2013 – Present)
Quotes
Being a force to be reckoned with in the Tech sector, George Conrades has been in various magazines, interviews, and radio talks. Most of his quotes are motivations for youths currently trying to pave a way for themselves in the tech sector.
Some of his popular quotes include;
- Absorb uncertainty.
- I’m fortunate to have lived in the world of the next big thing.
- The whole idea of Internet business is exhilarating.
George Conrades maintains minimum social media presence, He can be found on Linkedin as “George Conrades”
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Summary
The 53-year career of George Conrades has been filled with the achievement of various technological feats.
He stood out during his tenure at IBM as a man in love with technology and has gone far to inspire various people in the technology sector.
George Conrades was instrumental in making Akamai one of the largest IPO in history.
Frequently asked questions
George Conrades was born in Youngstown, Ohio
He is married to Patricia Conrades.
George Conrades is currently 83 years old.
George Conrades net worth is estimated to be 10.4 million.
George Conrades net worth comes mostly from his stocks in Oracle and his various tech business affiliations.
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