Reed Hastings
- Net worth $6.6 billion
- Birthday October 8, 1960
- Status Married
- Country United States
- Ethnicity American
- Source(-s) of wealth Entrepreneur, Philanthropist
How much is Reed Hastings Worth? Reed Hastings Net Worth in 2026
Reed Hastings’s net worth is estimated at $6.6 billion as of October 2026. Hastings is the co-founder of Netflix, which he led as CEO from 1999 to 2023 and chaired until 2026. In April 2026 he announced that he would step down from the Netflix board in June.
| Net worth | About $6.6 billion (estimate) |
|---|---|
| Estimated annual income | Mainly from Netflix share value and investments |
| Born | October 8, 1960, Boston, Massachusetts (age 66) |
| Country | United States |
| Occupations / sources of wealth | Entrepreneur, investor, philanthropist |
| Known for | Co-founding Netflix and leading it from DVD rentals to global streaming |
How much is Reed Hastings worth in 2026?
Reed Hastings’s net worth is estimated at about $6.6 billion as of October 2026. Nearly all of it comes from his Netflix shares, with smaller amounts from earlier ventures and investments.
Estimates vary because his wealth moves with the Netflix share price and his large charitable gifts, and this figure is an approximation.
How Reed Hastings built it
- Founded and sold a software company. He founded Pure Software in 1991, and the merged company was bought by Rational Software in 1997.
- Co-founded Netflix. He started it with Marc Randolph and was CEO from 1999 to 2023.
- Held his shares. Nearly all of his wealth comes from his Netflix stock.
Learn the wealth mindset behind Reed Hastings’s career in the Alux app.
Get the Alux appReed Hastings in 2026: what they’ve been up to
- April 2026: announced he would step down from the Netflix board in June 2026, ending a tenure as chairman that began in 2023.
- 2025: joined the board of Anthropic and gave $50 million to Bowdoin College for the Hastings Initiative for AI and Humanity.
- 2024: gave about $1.1 billion in Netflix shares to his donor-advised fund.
- 2023: became majority owner of the Powder Mountain ski resort in Utah.
How Reed Hastings makes money
- Netflix stock: the bulk of his wealth, from his role as co-founder, CEO from 1999 to 2023 and chairman until 2026.
- Earlier ventures: the sale of Pure Atria to Rational Software in 1997.
- Real estate and resorts: majority ownership of Powder Mountain.
- Board roles: past boards include Microsoft (2007 to 2012) and Facebook (2011 to 2019).
Career timeline
- 1983: graduated from Bowdoin College in mathematics, then taught math in Swaziland with the Peace Corps until 1985.
- 1988: earned a master’s degree in computer science at Stanford.
- 1991: founded Pure Software.
- 1996: Pure Software merged with Atria Software.
- 1997: the combined company was acquired by Rational Software; Hastings co-founded Netflix with Marc Randolph.
- 1999: became CEO of Netflix.
- 2007: Netflix launched streaming.
- 2012: joined The Giving Pledge.
- 2020: donated $120 million to the United Negro College Fund, Morehouse College and Spelman College.
- 2023: became chairman of Netflix.
- 2025: joined the board of Anthropic.
- 2026: announced he would leave the Netflix board in June.
Early life and background
Reed Hastings was born in Boston, Massachusetts, the son of Joan Amory and Wilmot Reed Hastings. He attended Buckingham Browne & Nichols in Cambridge and later studied mathematics at Bowdoin College.
After college he joined the Peace Corps and taught high school math in Swaziland, then earned a master’s degree in computer science at Stanford. He started his career at Adaptive Technology, where he built a software debugging tool, before founding Pure Software.
Personal life
Hastings is married and has two children. He has pledged $100 million to children’s education through the Hastings Fund.
Reed Hastings net worth FAQ
What is Reed Hastings’s net worth?
Reed Hastings’s net worth is estimated at about $6.6 billion as of October 2026. Estimates vary.
How does Reed Hastings make money?
Mainly through his Netflix shares, along with earlier business sales and investments.
How old is Reed Hastings?
Reed Hastings was born on October 8, 1960, so he is 66 years old as of October 2026.
Where is Reed Hastings from?
He was born in Boston, Massachusetts.
What is Reed Hastings doing now?
He announced he would step down from the Netflix board in June 2026, sits on the board of Anthropic, and is active in philanthropy.
How is Reed Hastings’s net worth estimated?
It is estimated from the value of his Netflix holdings, reported share transactions and charitable gifts. It is an approximation.
Related profiles
- Mark Zuckerberg net worth
- Eric Schmidt net worth
- Michael Dell net worth
- Mark Cuban net worth
- Laurene Powell Jobs net worth
How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: October 2026.