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    Interesting Facts About CrowdStrike CEO George Kurtz

    Rayan

    By Rayan - Jun 30, 2024 | Updated On: 22 July, 2024 | 4 min read

    By Rayan , 4 min read - Jun 30, 2024

    Updated On: 22 July, 2024

    CrowdStrike CEO George Kurtz. Image Credit: Web Summit.




  • We put all our info and trust in technology throughout our professional and personal lives. From a simple password to a digital scan, our privacy security has been a big deal. That’s why cybersecurity is essential in everyone’s life.

    CrowdStrike CEO George Kurtz has changed the way cyberspace is used. He has contributed to making cybersecurity more advanced and has helped the world recover from many cyberattacks.

    George did all of this through CrowdStrike, his cybersecurity technology. But let’s learn more about this exciting and visionary man.




  • Early Life Of George Kurtz

    George was born in May 1965 in New Jersey to a simple and humble family. Unfortunately, his father passed away when he was just seven years old.

    The passing of his father made life much more challenging for Kurtz, and it would take him years to overcome all of the struggles that came in his life.

    CrowdStrike CEO George Kurtz

    CrowdStrike CEO George Kurtz. Image Credit: Web Summit.

    George mostly spent his time in New Jersey, growing up in Parsippany Troy Hills. He also did his schooling at Parsippany High School. Similarly, he raced in the Sports Car Club of America and Radial Cuo endurance events.

    Somehow, George’s passion for coding started at a young age. The future CEO made his first video games in fourth grade. After completing school, George went to Seton Hall University to get an accounting degree.




  • Career Beginnings of CrowdStrike CEO George Kurtz

    George began his career at Price Waterhouse as a CPA. In 1993, he became one of the first employees in the new security group by Price Waterhouse.

    Kurtz wrote Hacking Exposed, a 1999 book that includes cybersecurity for network administration with Stuart McClure and Joel Scambray.

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    Development of Price Waterhouse’s first Internet penetration testing method

    Over seven years, from 1991 to 1998, George developed the first internet pen-testing method for Price Waterhouse.




  • CrowdStrike CEO George Kurtz headed an elite team of consultants across the United States.

    In 1999, Kurtz started Foundstone, a cybersecurity company that was one of the first dedicated security consulting companies.

    Foundstone focused on vulnerability management software and developed a well-recognized incident response practice.

    Foundstone Acquisition, Aurora, and McAfee

    McAfee purchased Foundstone in August 2004 for $86 million and in October 2009, George was appointed as the company’s Chief Technology Officer.




  • In 2010, he participated in Operation Aurora, where he invested in cyber attacks targeting Google and several other companies.

    CrowdStrike CEO George Kurtz

    CrowdStrike CEO George Kurtz. Image Credit: Social Media.

    George Kurtz led McAfee’s investigation of the emerging Night Dragon and Shady RAT threats, collaborating closely with Dmitri Alperovitc, the company’s vice president of threat research.

    Similarly, you might like to explore Instant Teams CEO Liza Rodewald.

    From an Accountant to CEO of cybersecurity company CrowdStrike

    Few people have earned the status of a billionaire in cybersecurity, and George is one of the few who have specialized in this market.




  • CrowdStrike CEO George Kurtz founded the company in 2011; few companies were advanced in cybersecurity during this time. This helped Kurtz’s company to have a competitive edge and no wonder the company started to see sucess very early on.

    Crowdstrike CEO George Kurtz

    CrowdStrike CEO George Kurtz. Photo Credit: Social Media.

    2016 was the year their company finally gained a lot of attention. They even worked with the Democratic National Committee to fight many cyber crimes. No wonder George was financially successful, although he only owned 10% of the company.

    However, George would be even more successful in 2017, when his company bagged a unicorn status. George’s hard work paid off, and despite struggling from a young age, he somehow managed to become CEO of the fastest-growing cybersecurity company in 2020.

    Married and have two children

    CrowdStrike CEO George is successful in his professional life. But his personal life is equally enchanting yet tragic. George Kurtz is married to a beautiful lady named Annamaria Kurtz.




  • The couple had two children: daughter Allegra Kathleen Kurtz and son Alexander Kurtz. The family of four lived happily, and the Kurtzs raised their kids in a nurturing environment.

    Unfortunately, their daughter Allegra passed away on May 3, 2021, due to brain health complications. However, Kurtz has never been more dedicated to improving his and others’ lives by constantly working hard.

    Awards and Achievements

    Through his contribution to the field of cybersecurity, Kurtz has received many exciting awards, such as:

    With all of the fantastic stuff he did in 2017, it’s no wonder he won that year’s Ernst & Young Entrepreneur of the Year award.




  • In December 2015, he was honored as an innovator in Science and Technology who will help shape the world issued by Time Magazine.

    In October 2014, George was honored among the 100 most intriguing entrepreneurs by Goldman Sachs.

    Net Worth~$2.9 Billion: How much Does George Kurtz make?

    The recent outage caused by CrowdStrike’s faulty update majorly affected George Kurtz’s fortune. The CEO is no stranger to tech failure in the past years, but his net worth decreased by $300 million this time.

    According to Forbes data, George Kurtz’s net worth is $2.9 billion as of July 2024. Previously, it was between $3.2 billion and $3.8 billion. The primary reason behind the drop is Kurtz’s ties with CrowdStrike’s stocks.




  • As the CEO and co-founder, he owns over 3% of the company shares. The share prices show how his wealth has grown over the years.

    2021

    • Total compensation: $20,518,011
    • Base pay: $550,00
    • Bonus: $1,137,881
    • Stock: $19,377,034

    2022

    • Total compensation: $147,695,746
    • Base Salary: $750,000
    • Bonus: $815,588
    • Stock: $146,123,040
    CrowdStrike CEO George Kurtz

    CrowdStrike CEO George Kurtz. Image Credit: CrowdStrike, Inc.

    2023

    • Total compensation: $36,532,681
    • Base Salary: $900,000
    • Bonus: $1,037,307
    • Stock: $33,386,337

    2024

    • Total compensation: $46,983,855
    • Base Salary: $950,000
    • Bonus: $1,241,709
    • Stock: $44,090,037

    Here, take a look at George Kurtz’s net worth in the table below:

    YearNet Worth
    2021$3 billion
    2022$2.8 billion
    2023$1.8 billion
    2024$3.8 billion
    2024 (as of 7/22/2024)$2.9 billion

    Table Source: Forbes

    Their revenue report for January 2023 revealed that Kurtz’s company made over $2.2 billion in sales only. This is pretty amazing, and since cyber threats are at an all-time high, George and his company will grow beyond our expectations.




  • It will be exciting to see how George and his company battle cyber threats and make cyberspace more secure.

    Faulty Crowdstrike Update Caused Global Tech Outage

    On July 19, 2024, early Friday,  a major global IT outage affected several industries caused by a faulty Crowdstrike update. The software update caused major disconnections from previous files, freezing of bank accounts, and disruptions in flight services worldwide.

    CrowdStike sent a faulty file that caused Microsoft computers around the globe to fail. They were trying to send an update from its popular Falcon sensor product, a cloud-based cybersecurity operation method.

    Kurtz tweeted, ” CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts…This is not a security incident or cyberattack.”




  • CrowdStrike wrote in the statements that the issue has been identified, and a solution has been shared. CrowdStrike stock nosedived in after-hours trading and opened Friday down 15% before rebounding slightly.

    Despite Friday’s big drop in his fortune, Kurtz is a low-key billionaire who lives in Paradise Valley, Arizona.

    FAQS

    Q: How old is CrowdStrike?




  • A: Crowdstrike was founded in 2011 to reinvent security for the cloud era.

    Q: Where is CrowdStrike HQ?

    A: CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas.

    Q:who is George Kurtz wife?




  • A: Annamaria Kurtz is the wife of George Kurtz.




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