Marcelo Claure Net Worth

Marcelo Claure’s net worth is

$20 Million

Marcelo Claure Wiki Biography

Marcelo Claure, an American businessman and entrepreneur, is widely recognized as the founder of Brightstar Corporation, a wireless industry distribution company. He currently serves as the Chief Executive Officer of Sprint Corporation, a telecommunications holding company and wireless services provider.

Marcelo Claure’s estimated net worth is $20 million as of early 2016, accrued through successful business enterprises and investments.

Early Life and Education

Born on 9 December 1970, in La Paz, Bolivia, Marcelo lived in several countries due to his parents’ jobs. He matriculated from the American Cooperative School in La Paz in 1989 and graduated from Bentley University in 1993 with a Bachelor of Science degree in economics and finance.

Career

Marcelo began his professional career as the international marketing manager for the Bolivian Football Federation. In 1995, he started working in USA Wireless, a small wireless retail firm. Within a year, he expanded the business and subsequently sold the company, establishing the foundation for his net worth.

In 1997, Marcelo founded Brightstar, a Miami-based company focused on wireless communication distribution and services, primarily in the Latin American market. The business expanded rapidly, broadening its operations to multiple countries. In 2013, SoftBank purchased 57% of Brightstar shares with a total worth of $1.26 billion, significantly contributing to Marcelo’s net worth.

Marcelo Claure has also ventured into the soccer industry, acquiring Bolivar Administración Inversiones y Servicios Asociados S.R.L., which operates the Bolivian soccer team Bolivar.

In 2014, he became the President and CEO of Sprint Corporation, further enhancing his net worth.

Personal Life and Advocacy

Marcelo Claure is married to Jordan Engard and has five children. He is also involved in advocating for the education of underprivileged children, co-creating the One Laptop Per Child campaign.