Arthur Rock Biography
Arthur Rock is an American Businessman and Investor who was born and brought-up in Rochester, New York. He was an early investor in major firms which include ‘Intel’, ‘Apple Computer’, ‘Scientific Data Systems’ and ‘Teledyne’. He is also known for donating $25 million to the Harvard Business School, with the aim to establish the ‘Arthur Rock Center for Entrepreneurship’.10 Quick Facts About Arthur Rock
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- Name: Arthur Rock
- Age: 95 years
- Birthday: 19 August
- Zodiac Sign: Leo
- Height: Average
- Nationality: American
- Occupation: Businessman and Investor
- Marital Status: Married
- Salary: Under Review
- Net worth: $1.1 billion
Arthur has received two awards and honors including the EY Entrepreneur of The Year Award Recipient, Northern California Region in 1987, and Golden Plate Award of the American Academy of Achievement in 1989. He began his business career working in New York City, as a securities analyst in 1951.
Arthur Rock Age
Rock is 95 years old as of 2021, he was born on 19 August 1926, in Rochester, New York, United States of America. He celebrates his birthday on 19 August every year and his birth sign is Leo.Arthur Rock Height
Arthur stands at an average height. He appears to be quite tall in stature of his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We will update this section when the information is available.Arthur Rock Education
Rock attended G.I. Bill college. He then enrolled at Syracuse University, graduating with a Bachelor’s degree in business administration in 1948. He also earned an MBA from Harvard Business School in 1951.Arthur Rock Family, Parents and Siblings
Arthur was born to his parents Hyman and Reva (Cohen) Rock in Rochester, New York. Our efforts to find out more about his family came to no avail as no such information is publicly available. Thus, it is also not known if he has any siblings. We will update this section once this information is available.Arthur Rock Wife Toni Rembe
Rock is happily married to his wife Toni Rembe. He tied the knot with his wife Toni on 19 July 1975. They have been a supporter of Teach For America. The organization’s annual Social Innovation Award is named in their honor. His wife Toni is a lawyer. He spends much of his time in Aspen Colorado. His wife owns a three-story condominium. Rock exercises for an hour every morning. He skis most of the winter. He is a great fan of the San Fransisco Giants baseball team. He also supports San Francisco’s opera, Museum of Modern Art, and ballet. Rock’s personal art collection includes works by Hans Hofmann as well as Robert Motherwell. He enjoys hosting dinner parties.Arthur Rock Net Worth
Arthur has an estimated net worth of $1.1 billion dollars as of 2021. This includes his assets, money and income. His primary source of income is his career as a Businessman and Investor. Through his various sources of income, he has been able to accumulate a good fortune but prefers to lead a modest lifestyle.Arthur Rock Measurements and Facts
Here are some interesting facts and body measurements you should know about him;Arthur Rock Wiki
- Full Names: Arthur rock
- Popular As: Arthur Rock American Businessman
- Gender: Male
- Occupation / Profession: Businessman and Investor
- Nationality: American
- Race / Ethnicity: White
- Religion: Jewish
- Sexual Orientation: Straight
Arthur Rock Birthday
- Age / How Old?: 95 years (2021)
- Zodiac Sign: Leo
- Date of Birth: 19 August 1926
- Place of Birth: Rochester, New York, United States of America
- Birthday: 19th August
Arthur Rock Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: Average
- Weight: Moderate
- Eye Color: Brown
- Hair Color: Grey
- Shoe Size: Not Available
Arthur Rock Family and Relationship
- Father (Dad): Not Known
- Mother: Not Known
- Siblings (Brothers and Sisters): Not Known
- Marital Status: Married
- Wife/Spouse: Married to Toni Rembe
- Children: Sons (Not Known) Daughter(s) (Not Known)
Arthur Rock Net Worth and Salary
- Net Worth: $1.1 Billion
- Salary: Under Review
- Source of Income: Businessman and Investor
Arthur Rock Career
Arthur started his career in the year 1951. He worked as a securities analyst in New York City. He later joined the corporate finance department of Hayden, Stone & Company in New York. There he focused on raising money for small high-technology companies. In the year 1957, (when the “traitorous eight” left Shockley Semiconductor Laboratory), Arthur was the one who helped them find a place to go. He did convince Sherman Fairchild to start Fairchild Semiconductor. Rock moved to California, in the year 1961. formed the San Francisco venture capital firm Davis & Rock alongside Tomas J. Davis, Jr., Rock. He was as well a member of Apple Inc.’s board (when Steve Jobs was ousted in the 1980s0. He donated $25 million to the Harvard Business School. The money was to establish the Arthur Rock Center for Entrepreneurship.Arthur Rock Invented the Term ‘Venture Capital’
Rock joined the Wall Street firm of Hayden Stone & Co. after graduating from Harvard. He used to work as a securities analyst in the investment banking department. He underwrote new stock issues. Rock was quite successful at picking applied science stocks in the late 1950s and early 1960s. Robert Noyce and Gordon Moore who are both entrepreneurs in the year 1956, helped William Shockley who us the investors of the transistor to set up Shockley Semiconductor Laboratories. Fed up with William’s difficult temperament eight engineers walked out on him. They (“traitorous eight,”) wanted to set up their own transistor company. They, however, needed investors. Among the eight traitorous, there was one who has a father with an account at Hayden Stone. He mentioned his son’s predicament to someone at the investment banking firm. Later, a partner at the firm and Rock flew to California. They met with the eight men and agreed to find the financing for their venture. It took Arthur 35 tries before he found a company that would supply the money they needed. Fairchild Camera and Instrument (a company in Syosset, New York), put up $1.5 million in return for the right to buy the new company for $3 million if it succeeded. Fairchild Camera and Instrument called Fairchild Semiconductor and succeded. Some years later, around two Fairchild bought out the founders for $250,000 in Fairchild stock, worth $1.35 million in 1997. Arthur and Hayden Stone got involved with Teledyne soon after the company’s founding in 1960 by Henry E. Singleton. Rock then became a member of the executive committee. Singleton found Arthur to be “extremely brainy, perceptive, quick to grasp the essentials and reach a conclusion. Rock set up a business alongside Thomas J. Davis, Jr. Thomas J. Davis, Jr was his general partner. In order to fund the business, Arthur assembled capital of $3.5 million from 25 limited partners who included Fayez Sarofim, a Harvard classmate, and Henry E. Singleton. Davis & Rock existed for 7 years thus from 1961 to 1968. It was the first limited venture capital partnership. The company invested in 15 companies, including Scientific Data Systems (SDS), founded by the mathematician Max Palevsky, Anadex Instruments, Inc., Benrus Watch Co., General Capacitor, Teledyne, Astrodata as well as Benrus Watch Co., The company put $257,000 into SDS. The investment did rise in value to $60 million. The sales went from $1 million to $100 million. The success of SDS made Rock become popular. He gained a good reputation as a great prognosticator of high-tech companies in which to invest. In the year 1969, SDS was acquired by Xerox Corporation. In 1970 Arthur’s share of Xerox stock was worth $4.6 million. He does not have a technical background. Despite him not having a technical background, he chose SDS because he had confidence in Palevsky’s drive to succeed.Frequently Asked Questions About Arthur Rock
Who is Arthur Rock?
Arthur Rock is an American Businessman and Investor. He was an early investor in major firms which include ‘Intel’, ‘Apple Computer’, ‘Scientific Data Systems’ and ‘Teledyne’. He is also known for donating $25 million to the Harvard Business School, with the aim to establish the ‘Arthur Rock Center for Entrepreneurship’. He began his business career working in New York City, as a securities analyst in 1951.How old is Arthur Rock?
Rock is 95 years old as of 2021, he was born on 19 August 1926, in Rochester, New York, United States of America. His birth sign is Leo.How tall is Arthur Rock?
Arthur stands at an average height, he has not shared his height with the public. His height will be listed once we have it from a credible source.Where did Arthur Rock attend college?
Rock attended G.I. Bill college. He then enrolled at Syracuse University, graduating with a Bachelor’s degree in business administration in 1948. He also earned an MBA from Harvard Business School in 1951.Is Arthur married?
Yes, he is Rock is happily married to his wife Toni Rembe. He tied the knot with his wife Toni on 19 July 1975. They have been a supporter of Teach For America. The organization’s annual Social Innovation Award is named in their honor. His wife Toni is a lawyer. He spends much of his time in Aspen Colorado.How much is Rock worth?
Arthur has an estimated net worth of $1.1 billion dollars as of 2021. This includes his assets, money and income. His primary source of income is his career as a Businessman and Investor.Is Arthur dead or alive?
He is still alive and in good health. There have been no reports of him being sick or having any health-related issues.Where does Rock live?
He is a resident of Silicon Valley, California, USA, we shall upload pictures of his house as soon as we have them.Arthur Rock Social Media Contacts
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