Arthur Rock Biography and Wiki
Arthur Rock is an American businessman as well as an investor based in Silicon Valley California. Rock was an early investor in major films which include: Teledyne, Intel, Data Sytems, Apple Computer, and Scientific Data Sytems.
Arthur Rock Age and Birthday
Rock was born on August 19, 1926, in Rochester, New York, United States. He is 93 years as of 2019. He will be turning 64 years on August 19, 2020. Rock celebrates his birth on August 19 every year.
Arthur Rock Height and Weight
Arthur stands at an average height and moderate weight. He appears to be quite tall in stature of his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We are keeping tabs and will update this information once it is out.
Arthur Rock Education
Rock was born and brought up in Rochester, New York. He comes from a Jewish family. He then went to college on the G.I. Bill. He attended Syracuse Univerity where he earned his Bachelor’s degree in business administration in 1948. He as well earned an MBA from Harvard Business School in 1951.
Arthur Rock Family
Arthur comes from a Jewish family. He was an only child and his father owned a small candy store where Rock worked as a youth. He joined the U.S. Army during World War II but the war ended before he was deployed. After doing our research, details about his parents are not known to the public and it is also not known if he has any siblings. However, this section is still under review and will be updated as soon as it is available.
Arthur Rock Wife, Toni Rembe
Rock is a married man. He is married to Toni Rembe. He married Toni as his second wife. Rock was earlier married but the name of his previous wife is not disclosed to the public. The couple tied the knot on July 19, 1975. Together with his wife, Rock has been a supporter of Teach For America. The organization’s annual Social Innovation Award is named in their honor. His wife Toni is a lawyer. He spends much of his time in Aspen Colorado.
His wife owns a three-story condominium. Rock exercises for an hour every morning. He skis most of the winter. He is a great fan of the San Fransisco Giants baseball team. He also supports San Francisco’s opera, Museum of Modern Art, and ballet. Rock’s personal art collection includes works by Hans Hofmann as well as Robert Motherwell. He enjoys hosting dinner parties. He has been very wealthy as a venture capitalist. In the year 1984, his net worth was estimated to be $200 million.
Arthur Rock Net Worth
Following his professional career as a businessman and investor, Rock has been able to accumulate an estimated net worth of $1 billion.
Arthur Rock Measurements and Facts
Here are some interesting facts and body measurements you should know about Rock.
Arthur Rock Bio and Wiki
- Full Names: Arthur rock
- Popular As: Arthur Rock
- Gender: Male
- Occupation / Profession: Businessman and Investor
- Nationality: American
- Race / Ethnicity: Jewish
- Religion: To be Updated
- Sexual Orientation: Straight
Arthur Rock Birthday
- Age / How Old?: 93 years
- Zodiac Sign: To be Updated
- Date of Birth: August 19, 1926
- Place of Birth: Rochester, New York, United States
- Birthday: August 19
Arthur Rock Body Measurements
- Body Measurements: To be Updated
- Height / How Tall?: Average
- Weight: Moderate
- Eye Color: To be Updated
- Hair Color: Black
- Shoe Size: To be Updated
Arthur Rock Family and Relationship
- Father (Dad): To be Updated
- Mother: To be Updated
- Siblings (Brothers and Sisters): To be Updated
- Marital Status: Married or Single
- Wife/Spouse: Toni Rembe
- Children: To be Updated
Arthur Rock Net Worth and Salary
- Net Worth: $1 billion
- Salary: Under Review
- Source of Income: His professional career as a businessman and investor
Arthur Rock House and Cars
- Place of living: To be Updated
- Cars: Car Brand to be Updated
Arthur Rock Career
Arthur started his career in the year 1951. He worked as a securities analyst in New York City. He later joined the corporate finance department of Hayden, Stone & Company in New York. There he focused on raising money for small high-technology companies. In the year 1957, (when the “traitorous eight” left Shockley Semiconductor Laboratory), Arthur was the one who helped them find a place to go. He did convince Sherman Fairchild to start Fairchild Semiconductor.
Rock moved to California, in the year 1961. formed the San Francisco venture capital firm Davis & Rock alongside Tomas J. Davis, Jr., Rock. He was as well a member of Apple Inc.’s board (when Steve Jobs was ousted in the 1980s0. He donated $25 million to the Harvard Business School. The money was to establish the Arthur Rock Center for Entrepreneurship.
Arthur Rock Invented the Term ‘Venture Capital’
Rock joined the Wall Street firm of Hayden Stone & Co. after graduating from Harvard. He used to work as a securities analyst in the investment banking department. He underwrote new stock issues. Rock was quite successful at picking applied science stocks in the late 1950s and early 1960s. Robert Noyce and Gordon Moore who are both entrepreneurs in the year 1956, helped William Shockley who us the investors of the transistor to set up Shockley Semiconductor Laboratories.
Fed up with William’s difficult temperament eight engineers walked out on him. They (“traitorous eight,”) wanted to set up their own transistor company. They, however, needed investors. Among the eight traitorous, there was one who has a father with an account at Hayden Stone. He mentioned his son’s predicament to someone at the investment banking firm. Later, a partner at the firm and Rock flew to California. They met with the eight men and agreed to find the financing for their venture.
It took Arthur 35 tries before he found a company that would supply the money they needed. Fairchild Camera and Instrument (a company in Syosset, New York), put up $1.5 million in return for the right to buy the new company for $3 million if it succeeded. Fairchild Camera and Instrument called Fairchild Semiconductor and succeded. Some years later, around two Fairchild bought out the founders for $250,000 in Fairchild stock, worth $1.35 million in 1997.
Arthur and Hayden Stone got involved with Teledyne soon after the company’s founding in 1960 by Henry E. Singleton. Rock then became a member of the executive committee. Singleton found Arthur to be “extremely brainy, perceptive, quick to grasp the essentials and reach a conclusion. Rock set up a business alongside Thomas J. Davis, Jr. Thomas J. Davis, Jr was his general partner. In order to fund the business, Arthur assembled capital of $3.5 million from 25 limited partners who included Fayez Sarofim, a Harvard classmate, and Henry E. Singleton.
Davis & Rock existed for 7 years thus from 1961 to 1968. It was the first limited venture capital partnership. The company invested in 15 companies, including Scientific Data Systems (SDS), founded by the mathematician Max Palevsky, Anadex Instruments, Inc., Benrus Watch Co., General Capacitor, Teledyne, Astrodata as well as Benrus Watch Co.,
The company put $257,000 into SDS. The investment did rise in value to $60 million. The sales went from $1 million to $100 million. The success of SDS made Rock become popular. He gained a good reputation as a great prognosticator of high-tech companies in which to invest. In the year 1969, SDS was acquired by Xerox Corporation. In 1970 Arthur’s share of Xerox stock was worth $4.6 million. He does not have a technical background. Despite him not having a technical background, he chose SDS because he had confidence in Palevsky’s drive to succeed.
Frequently Asked Questions About Arthur Rock
Who is Arthur Rock?
Arthur Rock is an American businessman as well as an investor based in Silicon Valley California.
How old is Arthur Rock?
Rock was born on August 19, 1926, in Rochester, New York, United States. He is 93 years as of 2019. He will be turning 64 years on August 19, 2020. Rock celebrates his birth on August 19 every year.
How tall is Arthur Rock?
Rock stands at an average height, he has not shared his height with the public. His height will be listed once we have it from a credible source.
Where did Arthur Rock attend college?
Rock was born and brought up in Rochester, New York. He comes from a Jewish family. He then went to college on the G.I. Bill. He attended Syracuse Univerity where he earned his Bachelor’s degree in business administration in 1948. He as well earned an MBA from Harvard Business School in 1951.
How many siblings does Arthur Rock have?
Arthur comes from a Jewish family. He was an only child and his father owned a small candy store where Rock worked as a youth. He joined the U.S. Army during World War II but the war ended before he was deployed. After doing our research, details about his parents are not known to the public and it is also not known if he has any siblings. However, this section is still under review and will be updated as soon as it is available.
What nationality is Arthur Rock?
Arthur is an American national.
Is Arthur Rock married?
Rock is a married man. He is married to Toni Rembe. The couple tied the knot in 1975. Together with his wife, Rock has been a supporter of Teach For America. The organization’s annual Social Innovation Award is named in their honor. It is not known if the couple has any children. Probably by looking at his age, he has a well-maintained family and children back at home. This section is still under review and will be updated as soon as it is available.
How much is Arthur Rock worth?
Rock has an approximate net worth of $1 billion. This amount has been accrued from his leading roles in the business industry.
Is Arthur Rock dead or alive?
Rock is still alive and in good health. There have been no reports of him being sick or having any health-related issues.
Where does Arthur Rock live?
Because of security reasons, Rock has not shared his precise location of residence. We will immediately update this information if we get the location and images of his house.