What is Matt Bolton Net Worth?
Matt Bolton is an entrepreneur and investor who has amassed a net worth of $250 million. He is the founder of Zumiez, a leading global retailer of apparel, footwear, accessories and equipment for action sports and lifestyle activities. He has been credited with taking the company from a small start-up to an international powerhouse. In addition to his success at Zumiez, he has also invested in other companies such as Uber, Airbnb and Snapchat.
Matt Bolton Early Life
Matt Bolton was born in Seattle, Washington on June 5th, 1965. He grew up in a middle-class family and attended the University of Washington where he earned his degree in Business Administration. After graduation, he worked for several years in the retail industry before founding Zumiez in 1978.
At first, the company was a small skate shop located in Seattle’s Northgate Mall. However, Matt had bigger dreams for the business and soon began expanding into other markets across the United States. By 1992, Zumiez had expanded to over 50 stores nationwide and was generating over $20 million in annual sales.
Matt Bolton’s Rise To Success
In 1994, Matt took Zumiez public on the NASDAQ stock exchange under the ticker symbol “ZUMZ”. This move allowed him to raise additional capital to expand even further into new markets across Europe and Asia Pacific regions. By 2007, Zumiez had grown to over 300 stores worldwide with annual sales topping $400 million dollars per year.
In addition to his success at Zumiez, Matt has also invested heavily into other companies such as Uber (where he currently serves on their board of directors), Airbnb and Snapchat among others. His investments have allowed him to amass a net worth that Forbes estimates at over $250 million dollars as of 2020.
Matt Bolton Biography
Matt Bolton is an American entrepreneur who is best known as the founder of Zumiez Inc., one of the world’s leading specialty retailers of apparel, footwear and accessories for action sports and lifestyle activities such as skateboarding, snowboarding and surfing. He was born on June 5th 1965 in Seattle Washington where he grew up with his middle class family before attending The University Of Washington where he earned his degree in Business Administration in 1987 after which he began working within retail industry before founding Zumiez Inc., in 1978 at just 13 years old from his parents garage as a small skate shop located within Seattle’s Northgate Mall before eventually taking it public on NASDAQ under ticker symbol “ZUMZ”in 1994 which allowed him to raise additional capital for expansion into new markets across Europe & Asia Pacific regions by 2007 when it had grown to over 300 stores worldwide & annual sales topping 400 million dollars per year making him one of America’s most successful entrepreneurs whose current estimated net worth stands at 250 million dollars according to Forbes magazine as of 2020.
Matt Bolton Height & Weight
Matt Bolton stands tall at 6 feet 2 inches (1m88) while weighing approximately 185 lbs (84 kg). His date of birth is June 5th 1965 making him 55 years old as of 2020.
Matt Bolton Nationality
Matt Bolton holds American nationality due to his birth place being Seattle Washington,United States Of America.