Eric Smidt

Eric Smidt

Eric Smidt (#157)

Global Rank #157
Country Rank #64
Country United States

Eric Smidt is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 18 B
  • Hardware stores
  • United States
  • M
  • 66 Years

Snapshot

Quick Facts

Global Rank #157
Country Rank #64
Net Worth $17.9B
Previous Worth $17.9B
Worth Change +$0.0B
Country United States
Industry Hardware stores
Age 66 Years
Gender M
Worth As Of May 4, 2026
Residence Beverly Hills, California
Citizenship United States
World Billionaires List United States Billionaires Hardware stores

Profile Data

Personal Stats

Age 66
Source Of Wealth Hardware stores, Self Made
Self Made Score 10
Philanthropy Score 1
Residence Beverly Hills, California
Citizenship United States
Marital Status Married
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $17.9B
Current Net Worth $17.9B

Worth as of May 4, 2026

About Me

Eric Smidt is CEO of nearly $9 billion (sales) Harbor Freight Tools, a home improvement retailer that has over 1,600 stores. Smidt was a teenager when he started Harbor Freight Tools with his father Allan in 1977. He earned enough credits at his job to graduate high school. In the beginning, Harbor Freight was a mail-order business that sold tools out of a small warehouse in North Hollywood. Smidt became president of the company in 1985 and CEO and sole owner in 1999. In 2010, his father Allan sued him for "looting" the company and leveraging it to finance his own lavish lifestyle. The case was settled out of court.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Eric Smidt.

#160
Billionaires (2026)
#56
Forbes 400 (2025)

Insights

Did You Know?

Smidt and his wife live in a 35-room Beverly Hills mansion called "the Knoll," whose previous residents include oilman Marvin Davis and country singer Kenny Rogers.

In 2013, Smidt and his wife created Harbor Freight Tools for Schools, a philanthropic initiative that supports skilled trades education in America.

Wealth Growth

Net Worth Growth Over Time

Tracking Eric Smidt's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $17.9B (May 4, 2026)

© Iconic Billionaires