Edward Thorp Net Worth

Edward Thorp Net Worth and Biography

What is Edward Thorp Net Worth?

Net Worth$ 800 million
Full NameEdward Oakley Thorp
NationalityUnited State
OccupationBusinessman
EthnicityCaucasian
Date of Birth14th August, 1932
Place of BirthChicago Illinois

Edward Thorp net worth: Edward Thorp is an American Mathematics Professor and a Businessman. Thorp is the brain behind IBM calculating machine which counted the probability of stand. Edward Thorp net worth is currently valued at $ 800 million. Keep reading to uncover more information about Edward Thorp here.

Edward Thorp Net Worth

Biography

Thorp is a popular American Businessman who was known for his impressive ability to utilize his knowledge on probability and statistics in the stock market. He got married to Vivian and they have three children. Raun, Jeff and Karen are his children. He was born on 14th August, 1932 in Chicago Illinois. Thorp graduated from the University of California, Los Angeles with a Ph.D. in Mathematics in 1958.

Business carrier

Edward Thorp worked as Hedge fund manager and blackjack researcher. He is known as “the father of the wearable computer” since he was the brain behind the inventing of the first world’s wearable computer in 1961.

Occupation

Edward’s first work after he graduated from the University of California was at Massachusetts Institute of Technology. An author of a book titled Beat the Dealer in 1962. The first book to mathematically prove that the house advantage in blackjack could be overcome by cards counting. He was gainfully employed in the New Mexico State University as professor of Mathematics. Later in his time, he joined the University of California, Irvine and worked as a professor of Mathematics and then became a professor of Mathematics and Finance in the same University.

Edward Thorp net worth

Edward Thorp net worth is about $ 800 million. His source of wealth is mainly through his businesses and academic carrier.