Henry Samueli
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Henry Samueli (born September 20, 1954 in Buffalo, New York) is co-founder and chief technology officer of the Broadcom Corporation and a philanthropist in the Orange County, California community. The schools of engineering at UC Irvine and UCLA, where he is a professor, were renamed after him after he donated $20 million and $30 million, respectively, to each in 1999.
In 1991, while still working as a professor at UCLA, Samueli co-founded his company, Broadcom Corporation, with one of his former students, Henry Nicholas. In 1998, when Broadcom became a publicly traded company, Samueli stopped working as a professor, but he still maintains the title, and the UCLA Department of Electrical Engineering still maintains his name on the list of faculty.
In June 2005 he and his wife Susan bought the NHL's Mighty Ducks of Anaheim, now called the Anaheim Ducks, from the Walt Disney Company for $75 million. Samueli also owns the company that operates the city-owned Honda Center, the home of the Ducks. The Anaheim Ducks are now worth a reported value of $197 million.[1]
Under the ownership of Samueli, and his wife Susan, the Anaheim Ducks won the 2007 Stanley Cup championship.
In 2007 Forbes placed Samueli's net worth at $2.3 billion. [2] He currently resides in Corona del Mar, California.
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[edit] Education
Samueli attended UCLA, where he received his bachelor's degree (1975), master's degree (1976), and Ph.D (1980), all in the field of electrical engineering. His Ph.D. dissertation is entitled "Nonperiodic forced overflow oscillations in digital filters".
[edit] Financial Investigation
Both the Securities and Exchange Commission, as well as the Department of Justice have been investigating Broadcom Corporation for backdating of stock options. Although an internal Broadcom investigation cleared Samueli, in mid-February 2007, Samueli hired his own attorney confirming that "the company and Samueli were responding to investigators separately" [1].
On May 15, 2008, Samueli resigned as chairman of the board and took of a leave of absence as Chief Technology Officer after being named in a civil complaint by the SEC.[3]
[edit] See Also
[edit] References
[edit] External links
- Samueli's biography at the UCLA Department of Electrical Engineering
- The Samueli Foundation
- Henry and Susan Samueli honored
