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Home » AI » Michelle Zatlyn Net Worth: Co-founder and COO of Cloudflare

Michelle Zatlyn Net Worth: Co-founder and COO of Cloudflare

Michelle Zatlyn is a Canadian businesswoman and billionaire. She is the co-founder, Chief Operating Officer (COO), President, and board member of Cloudflare, a content delivery network provider and cybersecurity firm.

raya-author-image by Raya
Wednesday, 17 July 2024, 3:44 AM
in AI
michelle zatlyn net worth

michelle zatlyn net worth

Michelle Zatlyn is a Canadian businesswoman and one of the leading personalities in the tech industry. She is the co-founder, Chief Operating Officer (COO), President, and board member of Cloudflare. 

Founded in 2009, Cloudflare is now the leading web infrastructure and security company that provides services like CDN, DDoS protection, and DNS. It helps make websites faster, more secure, and more reliable for a wide range of customers. As of 2024, Cloudflare has a market capitalization of $28.53 billion. The San Fransisco-based company went public in 2019.

In 2017, Michelle Zatlyn was named in Fortune magazine’s “40 Under 40.” In 2021, Zatlyn was named among the “50 Self-Made Women,” and in 2024 she was listed in the “World’s Richest Self-Made Women by Forbes Magazine.  

“When we came up with Cloudflare, I knew nothing about internet security, but I care a lot about liking what I’m doing. I knew if I could help create internet security, that’s something I could work hard for and be proud [of].”

Michelle Zatlyn 

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Michelle Zatlyn Net Worth

As of 2024, Michelle Zatlyn’s net worth is $1.1 billion. She is officially a billionaire and has consistently ranked among the wealthiest self-made women in the world. She is the co-founder, COO, and President of a billion-dollar company. According to reliable sources, Zatlyn owns approximately a 2% stake in Cloudflare.

Education

Michelle Zatlyn was born in July 1979 in Prince Albert, Saskatchewan, Canada. She attended Carlton Comprehensive High School and was once the captain of the basketball team.

Then she earned her Bachelor of Science in Chemistry and Business from McGill University in 2001. Zatlyn later pursued her Master of Business Administration (MBA) at Harvard Business School, completing her degree in 2009.

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Career

Katlyn’s career began in 2001. She joined Investor Economics as a Research Analyst and Consultant in 2001 and worked there till 2004. Then she joined the founding team of I Love Benefits (now Achievers), a Toronto-based firm that offers global employee benefits. She was there as a Founding Team Member in Marketing till 2005. 

From 2005 to 2007, she served as a Product Manager at Toshiba. During the summer of 2008, she was a General Manager and MBA Intern at Google.

In September 2009, she co-founded Cloudflare with her Harvard Business School classmates Matthew Prince and Lee Holloway. She has held the role of Chief Operating Officer (COO) from the beginning and since December 2020, she has also been President of the company, which is based in San Francisco, California. 

Cloudflare is an Internet safety and security company that has grown to over 3,300 employees worldwide, protecting approximately 20% of the Internet and serving more than 300 of the Fortune 1,000 companies.

In addition to her work at Cloudflare, Michelle has been a Board Member at The Forum of Young Global Leaders since 2019 and at Atlassian since 2021.

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Latest Updates

Cloudflare (NET) stock has fallen 41% from its 52-week high of $116 and is down 18% year-to-date. The company reported solid Q4 results, with total revenue increasing by 30% to $378.6 million. The total paying customer base grew by 17% to 197,138, with a significant increase in large customers. 

However, Cloudflare’s shares fell after the Q1 report, as the company did not raise its 2024 revenue outlook, representing 27% growth. 

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FREQUENTLY ASKED QUESTIONS

Is Michelle Zatlyn married?

Yes, the billionaire businesswoman Michelle Zatlyn is married. She is married with two children and lives in San Francisco, California, United States. 

Who owns CloudFlare?

Cloudflare was founded in 2019 by three Harvard Business School graduates, Michelle Zatlyn, Matthew Prince, and Lee Holloway. Matthew Prince serves as the company’s CEO whereas Michelle Zatlyn is the COO. Lee Holloway is the Lead Engineer.

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Raya is a tech enthusiast diving deep into New-Age technology, especially Artificial Intelligence (AI) and Machine Learning (ML). She is passionate about decoding the complexities and uses of new-age tech. Raya is on a mission to write articles that bridge the gap between technical jargon and everyday understanding, making AI and ML accessible to a wider audience.

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