Matthew Prince is an American technology executive and billionaire. He is the founder, executive chairman, and chief executive officer (CEO) of Cloudflare.
Cloudflare is a global cloud-based web performance and security company. It provides a suite of internet services that help improve the performance, reliability, and security of websites and applications.
Before Cloudflare, Prince worked at a venture capital firm and later founded a company called “Ignitable.” Then, in 2009, he co-founded Cloudflare with Lee Holloway and Michelle Zatlyn. The company initially focused on providing DNS services but has since expanded to offer a wide range of internet infrastructure and security solutions.
Today, Cloudflare is one of the 1000 most valuable companies in the world with a market capitalization of over $27 billion.
Matthew Prince is the second richest billionaire in the US State of Utah. He is also a member of the Council on Foreign Relations and a World Economic Forum Technology Pioneer.
| Matthew Prince’s Personal Stats and Other Details | |
| Date of Birth | 13 November, 1974 |
| Age | 49 |
| Residence | United States of America |
| Citizenship | American |
| Marital Status | Married |
| Education | The University of Chicago, Harvard Business School, Trinity College, Rowland Hall |
| Current Net Worth and Salary (2024) | $2.9 billion |
| Companies | Cloudflare |
| Achievements | Co-founder, Executive Chairman, and CEO of Cloudflare |
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This article will look into Matthew Prince’s net worth, education, career, and more.
Matthew Prince Net Worth
As of 2024, Matthew Prince’s net worth stands at $2.9 billion. According to Forbes, he is the second richest person in Utah after Gail Miller, an American businesswoman.
The majority of Prince’s net worth comes from his 10% ownership of Cloudflare, a billion-dollar company. He also serves as its CEO.
Education
Matthew Prince’s interest in computers and technology began when he received an Apple II Plus at the age of seven. He attended Rowland Hall-St. Mark’s School in Salt Lake City, Utah, graduating in 1988.
In 1996, Prince earned a Bachelor of Arts from Trinity College, majoring in English literature and minoring in computer science. During his time at Trinity, he was the editor-in-chief of The Trinity Tripod and co-created The Trincoll Journal, an online magazine, with classmates Peter Adams and Paul Tesco.
He went on to earn a Juris Doctor (JD) from the University of Chicago Law School in 2000.
Later, Prince pursued business education, graduating with a Master of Business Administration (MBA) from Harvard Business School in 2009, where he was named a George F. Baker Scholar, an honor awarded to the top students in his class.
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Career
Matthew Prince’s career began while pursuing a degree from the University of Chicago, where he worked at Latham & Watkins.
After graduating, he joined the online insurance company GroupWorks. In 2003, Prince started teaching cyberlaw at the University of Illinois Chicago School of Law. During this time, he co-wrote a paper on the CAN-SPAM Act of 2003 and was inspired to create Unspam, a spam-prevention software for email.
He co-founded Unspam Technologies, which later supported the development of Project Honey Pot, an open-source tool designed to gather information on email address harvesting.
Then in 2009, Matthew Prince co-founded Cloudflare with Lee Holloway and Michelle Zatlyn, following a request from the Department of Homeland Security, which recognized the value of Unspam’s data. Cloudflare quickly gained recognition, and its founding team won the Dubilier Prize from Harvard Business School.
Over the years, Cloudflare became a prominent internet infrastructure company.
Matthew Prince has always maintained a stance on free speech, refusing to take down sites like the Kavkaz Center, despite external pressure. However, he made headlines for suspending service to the neo-Nazi website The Daily Stormer in 2017 and later Kiwi Farms in 2022, citing concerns over the harassment campaigns the sites incited.
In addition to his role at Cloudflare, Prince and his wife, Tatiana, acquired The Park Record newspaper in March 2023, with plans to convert it into a nonprofit or public benefit corporation.
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Latest Updates
Matthew Prince continues to lead Cloudflare as the company’s CEO. At the end of September 2024, Cloudflare celebrated its fourteenth birthday week.
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FREQUENTLY ASKED QUESTIONS
How did Matthew Prince make his money?
The majority of Matthew Prince’s billion-dollar net worth comes from his stake in Cloudflare. As the co-founder and CEO, he owns 10% of the company.
Who is Matthew Prince Utah billionaire?
Matthew Prince is an American tech exec, and the co-founder, executive chairman, and chief executive officer (CEO) of Cloudflare. He is also the second richest person in Utah.
Who is Matthew Prince married to?
Matthew Prince, the co-founder, Chairman, and CEO of Cloudflare is married to Tatiana (née Lingos-Webb). They live in Park City, Utah.
Is CloudFlare a big company?
Yes, Cloudflare is ranked among the 1000 most valuable companies in the world. It has a market capitalization of $27.9 billion.
