Greg Becker Net Worth
What is Greg Becker’s Net Worth?
Greg Becker is the current CEO of Silicon Valley Bank, a California-based commercial bank that provides financing and banking services to technology and life science companies, as well as venture capital firms and private equity funds.
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He has an estimated net worth of $3.7 million.
Greg Becker Bio
|Full name||Gregory W Becker|
|Source of Wealth||Business|
However, it is known that he was born and raised in the United States and attended Indiana University, where he earned a Bachelor’s degree in Business Administration. After graduation, he joined the financial industry and began his career as a credit analyst at Silicon Valley Bank in 1987. He later earned a Master’s degree in Management from Northwestern University’s Kellogg Graduate School of Management.
Becker has been with Silicon Valley Bank for over 30 years, joining as a credit analyst in 1987 and rising through the ranks to become CEO in 2011.
Under his leadership, the bank has expanded its international presence, with offices in the UK, China, and India. Becker is also a member of the board of directors of the National Venture Capital Association and the Silicon Valley Leadership Group.
SVB had achieved considerable growth and joined the S&P 500 in 2018. It was previously named one of the best banks in America, one of the fastest growing public companies in the US, and one of the best places to work.
Becker was named to the Silicon Valley Business Journal’s inaugural Power 100 list in 2023. He is a Class A Director for the Federal Reserve Bank of San Francisco, and since 2016 has been a member of TechNet’s executive council, which he chaired from 2020-2022.
However, much of his success came to a halt when Silicon Valley Bank collapsed on March 10th, 2023 and was taken over by the FDIC.
Becker may have known about SVB’s banking troubles in advance because he sold nearly $4 million in SIVB stock just 2 weeks prior to March 10th.
According to MarketBeat, Becker owned 92,562 shares of SIVB stock after his February 2023 stock sale.
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