Joe Lacob net worth is $1.2 billion as of 2021. He is a Business Executive from America. His official name is Joseph Steve Lacob but he is popularly known by the name Joe Lacob.
He is admired in the business world for his business skills and futuristic vision. Joe belonged to a lower-middle-class family and had to work from a young age to support his parent and earn money to pay for his studies.
He has been working hard at a very young age. Joe is known for his magic touch in business as he has turned numerous startups into successfully running a business.
His journey is worth inspiring the youth as he has faced a lot of hardships right from schooling days until establishing himself successfully in the business world.
Joe’s venture experiences have taught him a lot and today he stands as a well-known entrepreneur who is admired by many in the world of business.
His success reflects in his net worth. Joe Lacob has a net worth of $1.2 billion which is a big achievement for him as he faced a lot of hardships while growing up.
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Joe Lacob Net Worth and Overview
|Net Worth||$1.2 billion|
|Date Of Birth||10th January 1956|
|Children||Kirk Lacob (son) Kent Lacob (son) Kelly Lacob (daughter) Kayci Lacob (daughter)|
|Country Of Origin||United States of America|
|Source Of Wealth||Business Ventures|
|Last Updated||December 2020|
Joseph Steve Lacob was born on the 10th of January in the year 1956 to Sidney Lacob (father) and Marlene Lacob (mother) in New Bedford, Massachusetts.
His father Sidney Lacob worked at a local paper products company while his mother worked at a local supermarket.
Joe had to start working from a young age to support his parents and accumulate fees for his studies as he wanted to lessen the burden on his parents.
He grew up watching his parents hustle for daily bread and that was the moment that embarked a fire within him to change the situation and do something big in life.
In the year 1978, Joe got a bachelor’s degree in Biological Sciences from the University of California, Irvine. He went ahead for masters and got a master’s degree in Public Health (epidemiology) from the University of California, Los Angeles (UCLA).
Since he wanted to do something big in life he chose to rely upon business to yield huge profits and for that, he did MBA from Stanford Graduate School of Business.
Belonging to a lower-middle-class family he decided to change his situation into the better. Working for a young age he was full of courage and desire to establish himself in the corporate world.
Career Highlights and Awards
Joe was born in a lower-middle-class Jewish family. His father worked at a local paper products company whereas his mother worked at a supermarket.
Watching his parents hustle and struggle to earn the daily bread he decided to support them in every possible way.
Joe started working at a very young age to support his parents and pay fees for his education. He was keen on doing something big and improving his financial condition.
He got a bachelor’s degree from the University of California, Irvine in Biological Sciences. Joe pursued a master’s degree in Public Health (epidemiology) from the University of California, Los Angeles (UCLA).
Joe always had a business mindset and he didn’t give it a second thought before applying for an MBA and did his MBA from Stanford Graduate School of Business.
After completing his studies he was all set for stepping in the corporate world and work for all that he wanted in life.
Journey to Success
He began his career working as an executive for Cetus Corporation which is a famous and one of the earliest companies in the field of Biotechnology in the U.S.
Later on, Joe worked for companies like Allen & Hamilton, ‘Booz’, and ‘FHP International’. In the year 1978, his career took a great turn which changed his life as it was in 1978 when Joe became a managing partner at Kleiner Perkins Caufield and Byers (KPCB).
He got to experience success after becoming a managing partner at KPCB which has been one of the best decisions in his life.
At KPCB majority of his investments have been in start-ups which reflects his risk-taking attitude. Along with the risk factor, he had a futuristic vision and his investment judgment has been fruitful for KPCB most of the time.
In the year 1994 Joe Lacob became the director of Corixa Corporation. He was in association with Corixa till its take-over by GlaxoSmithKline.
He has even worked with a famous medical company called ‘The Orx’ which promoted him as a director of their company.
Throughout his career line, he has served at a significant position in companies like ‘Glori Energy Inc.’, ‘Arresto Biosciences, Inc.’, ‘Cox Automotive, Inc.’, ‘Ophthonix, Inc.’, ‘Corthera, Inc.’, ‘Elance, Inc.’, and ‘Livecapital, Inc.’.
He has successfully served at all the companies with his business skills. Today, Joe Lacob has a net worth of $1.2 billion.
Joe has been a curious child since childhood and his desire to learn has brought him where he stands now. Lacob worked from childhood itself and paid his fees from a young age.
Joe is a successful entrepreneur and has found love in his life. He married Laurie and they together have four kids.
However, his judgment skills didn’t work in the case of his marriage and he divorced Laurie eventually.
Joe later started dating Nicole Curran. After being in a relationship with her for almost a decade he married Nicole.
His wife Nicole Curran is a member of the ‘Warriors Community Foundation’ and played an important role while the community gathered and donated $6.7 million to the society for serving numerous causes.
Joe is a down to earth person and he has been a philanthropist for many years now. He has been providing scholarships to students from schools and colleges for years as a sign of giving back society and reflecting gratitude towards life.
He has been a big fan of basketball from a young age. From his childhood days, he supported his home team ‘The Boston Celtics’. When Joe was 14 years old his family moved to Anaheim, California. After that, he started supporting ‘Los Angeles Lakers’
Joe Lacob is the owner of ‘Golden State Warriors’ which is an NBA team.
Joe Lacob is a successful entrepreneur and a perfect example of turning life from rags to riches. He is one of the most admired entrepreneurs in the corporate world.
He has invested in 40+ startups while at KPCB and with his risk-taking factor he has attained success in the majority of his investments.
But his decisions are not always appreciated by those who are affected by it. Joe Lacob is the owner of the NBA basketball team ‘Golden State Warriors’.
Recently he fired Mark Jackson and appointed Steve Kerr as a new head coach. He even made a statement publicly that he cannot have 200 people in the same organization who are not like him.
His decisions have been fruitful most of the time but this decision of him affected the players emotionally. And making a statement publicly was even more hurtful.
What is Joe Lacob Net Worth in 2021?
Joe Lacob has a net worth of $1.2 billion which reflects his successful journey as an entrepreneur in the corporate world.
He has worked with a lot of companies as a director and served successfully at each company. Since the day he joined KPCB as a managing partner his life changed and he became successful.
His hard work, dedication, and perseverance reflect in his net worth. Joe Lacob has a net worth of $1.2 billion as of 2021.
Interesting Facts about Joe Lacob
- Joe Lacob was born in a Jewish lower-middle-class family.
- He started working from a young age and paid for his education.
- Lacob has a futuristic vision and is a risk-taking personality as at KPCB he mostly invested in startups which reflects his gut feelings and judgment in doing business as he has been successful from the day he joined KPCB as a managing partner.
- He is a huge fan of basketball since childhood.
- Joe Lacob owns the NBA team ‘Golden State Warriors’ as he is a huge fan of basketball.
Joe Lacob is a perfect example of a successful journey from rags to riches. Belonging from a lower-middle-class family he never lost courage and dreamt of success.
He is a perfect example of dreams coming true as he worked hard and paid for his education. From a young age, he started working and he became fierce to change his financial condition and fetch everything which he couldn’t have back then.
Joe Lacob has a net worth of $1.2 billion as of 2021 which is a huge achievement for him concerning the conditions he grew up in.