Douglas Leone
Venture capital · Menlo Park, California
Net worth
$11.4B
Today
+$172M+1.53%Past month
−$1.3B−10.25%As of Nov 11, 2026, 1:50 PM EST
Doug Leone is ranked at No. 8 on the 2026 Midas List, his 21st appearance. Leone ran Sequoia from 1996 to 2022 as its "senior steward." He returned to investing again in 2026 in a new role as the chairman of the storied venture fund. During his tenure, Leone guided Sequoia into tech investments including Rackspace, RingCentral, ServiceNow, Nubank and Wiz, which was acquired by Google for $32 billion in March 2026. He inherited the reins from firm founder Don Valentine in the mid-1990s, alongside Michael Moritz. He started his tech career at Sun Microsystems, a firm cofounded by another billionaire venture capitalist, Vinod Khosla. An Italian immigrant, Leone looks for entrepreneurs from humble, far-flung backgrounds.
Net worth over time
Principal holdings
16 positions| Company | Industry | Share | Value |
|---|---|---|---|
Private and other holdings | Finance & Investments | 37.8% | $4.3B |
Google Inc. (Cl C) NASDAQ: GOOG | Finance & Investments | 19.9% | $2.3B |
Alphabet NASDAQ: GOOGL | Finance & Investments | 19.0% | $2.2B |
Palo Alto Networks Inc. NASDAQ: PANW | Finance & Investments | 9.1% | $1.0B |
Nu Holdings NYSE: NU | Finance & Investments | 3.1% | $358M |
Meta Platforms NASDAQ: META | Finance & Investments | 2.6% | $295M |
Airbnb, Inc NASDAQ: ABNB | Finance & Investments | 2.4% | $270M |
DoorDash, Inc NASDAQ: DASH | Finance & Investments | 1.4% | $161M |
ServiceNow NYSE: NOW | Finance & Investments | 1.4% | $155M |
Amazon NASDAQ: AMZN | Finance & Investments | 1.3% | $151M |
Snowflake NYSE: SNOW | Finance & Investments | 0.9% | $107M |
Unity Software NYSE: U | Finance & Investments | 0.4% | $51M |
Zoom Video Communications NASDAQ: ZM | Finance & Investments | 0.3% | $38M |
RingCentral NYSE: RNG | Finance & Investments | 0.2% | $19M |
Freshworks NASDAQ: FRSH | Finance & Investments | 0.1% | $7M |
Amplitude NASDAQ: AMPL | Finance & Investments | 0.0% | $4M |
Also known for
- When Leone moved to New York with his family at age 11, he barely spoke a word of English.
- He's known for getting up at 4:30 a.m. to work out before a day at the firm.
- Leone's first job was collecting golf balls by hand at a driving range. He lasted two days.
“Take full responsibilities of failures, and share the successes.”