Netflix-Login.com is obsessed about covering all things Netflix. Ever wanted to know more about the man who makes Netflix possible? Reed Hastings is the CEO and founder of Netflix. Reed is widely acclaimed for being a media visionary and fearless entrepreneur who has brought Netflix from a mail order DVD business to the most widely used service on the internet. Did you know what Netflix is the largest consumer of bandwidth in the US at peak hours? Here is a brief biography and profile on Reed Hastings, CEO of Netflix from the netflix.com website:
Reed Hastings co-founded Netflix as a DVD rental by mail company in 1997. In 2002, Netflix went public, and in 2003, Netflix crossed the 1 million subscriber mark. Netflix began streaming content over the internet in 2007, and today has over 16.9 million subscribers, most of which use Netflix streaming more than DVD.
In 2005, Time magazine added Reed to its “Time 100″ list of the 100 most influential global citizens. Newsweek wrote that “Netflix revolutionized the way we watch movies.”
In 2007, Reed was appointed to Microsoft’s board of directors and he was inducted into the Video Business Hall of Fame.
In 2010, Barron’s added Reed to its 30 most respected CEOs list, and in a Fortune magazine cover story he was named “Business Person of the Year.”
Earlier in his career, in 1991, Reed founded Pure Software, which made tools for Unix software developers. He built Pure into one of the world’s 50 largest public software companies before selling it to Rational Software in 1997.
Reed is an active educational philanthropist and board member of many non-profits. In addition, he was President of the California State Board of Education from 2000 to 2004. He has led successful statewide political campaigns for more charter public schools and easier passage of local school bonds.
Reed received a BA from Bowdoin College in 1983 and an MSCS in AI degree from Stanford University in 1988. Between Bowdoin and Stanford, Reed served in the Peace Corps as a high school math teacher in Swaziland. He is married and has two teenaged kids.
So what about the punch line? How many shares of Netflix does Reed Hastings hold? If you know the net worth of Reed Hastings, please paste below.