Becoming the President and Chief Executive Officer of Yahoo! at a young age, Marissa Mayer, is known as the 32nd most powerful business woman in the world. The Yahoo! management left the world awestruck while announcing the young woman, now 40, as the top boss in 2012. Becoming the CEO of a Fortune 500 company, Marissa Mayer is currently having a net worth of about 300 million USDs.
Marissa Mayer Net Worth - $300 Million
Birth Name - Marissa Ann Mayer
Date of birth - May 30, 1975
Zodiac Sign - Gemini
Birth Place - Wausau, Wisconsin, U.S.
Nationality - American
Height - 5' 8"
Profession - Business Leader, Engineer, Computer Programmer;
Born in a simple family, Mayer chased her dreams of doing something bigger in life and she was one of the few women who were offered jobs by Google. She started her career at Google in 1999 as a simple employee. She was the 20th employee in Google and dated one of the co-founders of the company Larry Page for a little while.
Google’s first female engineer
Mayer was recognised as the first female engineer at Google. She spent thirteen years as an engineer, designer, product manager, and executive in the company and contributed largely to its present day position as the top search engine and web enterprise.
Over these thirteen years, she managed the roles under segments of Google Search, Google Product, Google Images, Google Maps, Google News, Google Books, Search, Google Toolbar, iGoogle and Gmail.
With her consistently better performance at the company, she was soon given the responsibility of handling the homepage search engine and she grew as the Vice President of search products and user experience.
In 2012, she served as the Vice President of Local, Maps, and Location Services at Google Inc. She is presently, also a member of the board of directors at Yahoo!
Achievements as Yahoo Chief
Over her three years’ journey at the helm of affairs at Yahoo Inc, she led to an overhaul overhaul of Flickr, which is the photo-sharing service at Yahoo. Flickr underwent revamping of the homepage and several acquisitions were made. This also included a $1.1 billion deal for blogging platform Tumblr. Mayer made another $30 million acquisition of story-shortener Summly soon after taking over as the CEO.
The rise to fame
In 2012, Mayer was rated number 14 among America’s most powerful businesswomen. This rating was giving by a leading research and business publication.
Marissa Mayer graduated from Stanford University. She attained honours degree in B.S. in symbolic systems and an M.S. in computer science. Her speciality is in artificial intelligence for both degrees.
Being a bright student, she was granted honoris causa doctorate degree by the Illinois Institute of Technology in 2009. This recognition was made for her outstanding contribution in the field of research.
She married American investor Zach Bogue. They first had a son and the 40 year old business tycoon is now expecting twin baby girls in December. Though she left the entire tech world in surprise and concerns over her break, she assured it publicly that she will not take a very long break due to her requirements back home after delivery.
Mayer was expecting her son when she joined Yahoo. She managed to join back work within two weeks. Even though the Chief showed exceptional dedication towards her profession, he short leave sparked off the debate of setting “wrong” examples for her junior colleagues
She has been known for spending the weekends with her family in Vail. She also also invited US President Barack Obama over dinner.
Investments and incomes
Marissa Mayer, over the years has made several investments in a number of private companies. The popular ones included Square and Airtime. She became a part of the Series A round for financing for Square.
The other companies where she has stakes included Airtime, uBeam, Minted, One Kings Lane, Getaround and Brit + Co.
for drawing her in, sources said that Yahoo! made an investment of $100 million. If she stays on board the company for another two years, she will end up drawing approximately $117 million, say market analysts.
Her monthly base salary, at present, is estimated at $1 million. She has now been considered eligible for drawing the $4 million bonus as well. She also owns Yahoos shares worth $30 million.
She may even be given arrears of a total of about $14 million at Yahoo in the bonus category. As per the estimates of market analysts, Mayer’s present worth is at least 3,324 times higher than that of an average US household.