American Steve Case has an estimated net worth of $1.4 billion as of March 2013 according to Forbes. He is #1031 in Forbes Billionaires List, #344 in the United States and #285 in Forbes 400 List as of 2012. He is best known as the former CEO and Chairman of America Online (AOL). Born Stephen McConnell Case on August 21, 1958 in Honolulu, Hawaii, he graduated from the private Punahou School in 1976 and attended Central Union Church. In 1980, he graduated from Williams College in Williamston, Massachusetts with a degree in political science. After college, he had worked for Procter & Gamble, Pizza Hut, Control Video Corporation, and Quantum Computer Services that he later changed to America Online. He chose to focus in creating community-based applications and his strategy paid-of. By 2002, the company has 26.7 million subscribers.
Since his retirement as chairman of AOL Time Warner in 2003, he has built several businesses with his investment company, Revolution, LLC. He also served as chairman of the Case Foundation run by his wife Jean Case. It is devoted to employing the Internet to make philanthropy more effective and efficient. He was selected by President Barrack Obama to serve as chairman of the Startup America Partnership and named to the President’s Council on Jobs and Competitiveness. He also chairs Accelerate Brain Cancer Cure (ABC2), a non-profit organization he founded with his brother, Dan.
In January, his investment company, Revolution, sold its stake in Zipcar for roughly $95 million. It also has investments in LivingSocial, a competitor of Groupon, Echo360, a software maker that records college classroom lectures in a digital format for students to watch on their computers and mobile devices, and FedBid, which provides online auctions for sales to government. He still lives in Hawaii and owns a 40,000-acre Grove Farm on the island of Kaua’i.