Aaron Patzer, CEO Mint
Mark Zuckerberg, CEO Facebook
Drew Houston, CEO Dropbox
Sean Parker, Founder of Napster
In their pursoot to continue putting mind over material, Silicon Valley startup top executives live humble lifestyle even though they could be living flashy and expensive lifestyles. This new generation of tech entrepreneurs pride themselves on building more than buying. These entrepreneurs’ worth are computed with the value of their shares but they hope to stay cautious and reinvest their earnings.
Of course, there are exceptions to the rule like Napster founder Sean Parker who owns multiple million dollars properties.
With a few notable exceptions, Silicon Valley’s rising young stars are rejecting the traditional symbols of status: fast cars, yachts, luxury homes. To make their mark, they’re putting their wealth into social causes and start-up ventures.
“Wealth needs a purpose greater than big houses and flashy cars,” said Patzer, founder of Mint.com, which helps people manage their money.