Theodore William "Ted" Waitt was born on January 18,1963 and is an American billionaire businessman and philanthropist.
16 Facts About Ted Waitt
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Ted Waitt began on Waitt's father's cattle ranch in Sioux City, Iowa, moved to Sergeant Bluff, Iowa and later to North Sioux City, South Dakota, where they continued to develop their "down-home" branding, complete with computer boxes printed in a black and white Holstein cow pattern.
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Ted Waitt relinquished his post as CEO of Gateway in late 1999 to Jeffrey Weitzen, but returned to the post in January 2001.
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In 2004, after the acquisition of eMachines, Ted Waitt turned over day-to-day operations of Gateway and the title of CEO to Wayne Inouye, the former CEO of eMachines.
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Ted Waitt has been featured on numerous lists by Forbes magazine.
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Ted Waitt has held a spot on both the Forbes 400 Richest in America as well as Forbes list of the World's Billionaires.
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Ted Waitt has been listed on Fortune Magazines "40 Richest Under 40", a list of the 40 wealthiest self-made Americans under the age of 40 in the United States.
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Ted Waitt fell off the Forbes 400 list in 2009 with a net worth estimate of $900 million.
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Ted Waitt served as chairman of the Salk Institute for Biological Studies Board of Trustees from November 28,2016, until November 20,2017.
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Ted Waitt originally joined the Salk Board of Trustees in 2004 and has served in numerous roles while donating millions of dollars to the institute.
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Ted Waitt was romantically linked to Ghislaine Maxwell, after she ended her relationship with Jeffrey Epstein.
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Ted Waitt owns homes in the Bird Streets area of Hollywood Hills West, Los Angeles and in La Jolla, California.
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Ted Waitt was awarded an honorary doctorate by the University of South Dakota.
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The Foundation funds partnerships and projects, sometimes in conjunction or collaboration with the Ted Waitt Institutes, focused on marine conservation.
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The Waitt Institute is a founding member, along with National Geographic Pristine Seas, Oceans 5, and Dynamic Planet, of the Blue Prosperity Coalition which aims to support governments in sustainable oceans management by providing financing, expertise, and tools to create marine protected areas.
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On 15 Sept, 2016, the Waitt Foundation joined with the Wildlife Conservation Society, the blue moon fund, and the Global Environmental Facility to commit a combined $48 million towards expansion of the world's marine protected areas.