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Eric Schmidt net worth and salary: Eric Schmidt is an American businessman and philanthropist who has a net worth of $17 billion. Eric Schmidt is most notable for being the former CEO of Google. Today he owns approximately 1.3% of Google (now known as Alphabet). He also owns around 4.3 million shares of Class C Alphabet stock. Over the last decade, Eric has sold approximately $3.5 billion worth of his Google stock. Eric Schmidt was born in Washington D.C. in 1955. He spent his childhood in Blacksburg, Virginia. He attended Yorktown High School, and went on to Princeton University and graduated with a bachelors in electrical engineering. He continued his education at the University of California, Berkeley, where he earned his MS, and then went on to earn a PhD in EECS. He was also a part time Professor at Stanford Business School. Prior to joining Google, Eric held positions with Bell Labs, Novell, the Palo Alto Research Center, Zilog and Sun Microsystems. At Sun he worked his way up from Director of software engineering to Vice President and GM of Sun Microsystems’s software products division. While at Novell he served as the chairman of the board and the CEO. He was interviewed by Google founders Larry Page and Sergey Brin at a pivotal Pre-IPO time during Google’s origination. He became Google’s chairman, and CEO in 2001. He served as CEO until 2011. He served as Executive until December 2017 when he announced he was stepping down completely after 17 years with the company. He was famously very active politically. Perhaps more active than a Chairman/CEO of a company like Google should have been. He was a staunch supporter of both Barack Obama and Hillary Clinton. During Clinton’s failed 2016 Presidential race, Schmidt was essentially a staff member of her campaign. At what was supposed to be her election night victory party, Schmidt was photographed backstage wearing a Clinton “staff” badge.