John Morgridge Net Worth $1 Billion
Mr. Morgridge is also the 426th richest man in the United States and the 1342nd in the list of World Billionaires. He chose the company public in 1990 and was appointed chairman in 1995. Mr. Morgridge stepped down from the standing in the exact same year and became a billionaire a year after as the company’s stock continued to climb.
In 2006, John Morgridge was named Chairman Emeritus of Cisco who continues to establish the culture of the firm as one of innovation, empowerment, frugality and giving back. Mr. Morgridge continues to advocate a number of education and corporate citizenship initiatives. Mr. Morgridge is also a guiding force in the organization ‘s long term dedication to focusing on fundamental individual needs, responsible citizenship, and accessibility to instruction. Mr. Morgridge and his wife, Tasha, were avid philanthropists and have given several gifts to his alma maters, the University of Wisconsin and Stanford University.