How much marissa mayer worth
Born in a simple family, Mayer chased her dreams of doing something bigger in life and she was one of the few women who were offered jobs by Google. She started her career at Google in as a simple employee. She was the 20th employee in Google and dated one of the co-founders of the company Larry Page for a little while. Mayer was recognized as the first female engineer at Google.
She spent 13 years as an engineer, designer, product manager, and executive in the company. Flickr underwent revamping of the homepage and several acquisitions were made. This rating was given by leading research and business publication. Marissa Mayer has graduated from Stanford University. She attained a degree in B. The company has been on a downward spiral ever since the dot-com crash back in the early s, but hoped to reach the heights achieved by Google and Facebook.
Despite her failures, Mayer earned a vast fortune during her time at Yahoo! This is due to her decision to take much of her pay in stock. While revenue is down, Yahoo! Yahoo net worth: Lost to the dot-com collapse. Susan Wojcicki net worth makes her queen of Silicon Valley. Home » Business. Remember me. Don't have an account? Marissa Mayer net worth: Loved by Google, hated by Yahoo! CEO reach the top? By then, she was already setting the agenda for the product meetings that involved Google's top executives.
She was part of a small group of star executives called the "secret cabal," according to Steven Levy, who wrote a book on Google. Mayer was credited with the success of Google's search engine, as well as products such as Gmail, Google Maps, and Google News. However, Mayer had a hard time relating to others, which proved difficult for managing employees and overseeing Google's consumer products.
In order to relate better, Mayer learned to mirror her tech habits to those of consumers and heavily relied on data for redesigning products.
But her obsessive attention to detail and data-driven management style created some enemies at Google. A famous Google designer named Doug Bowman quit over it, saying, "I've grown tired of debating such minuscule design decisions.
There are more exciting design problems in this world to tackle. As Google continued to grow, it generated more press, and much of that attention was aimed at Mayer. She was great with the press, and the media loved her back, too. Google even had a group of public relations people who were devoted to promoting her career.
When Google went public in , Mayer became rich in an instant. Mayer became a part of the San Francisco high-end social scene, and was known for throwing lavish Halloween parties. Mayer even hosted a Democratic party fundraiser at her house in They held two wedding ceremonies: one in California, and another in Mayer's hometown of Wausau, Wisconsin.
However, frustration was growing internally at Google. Mayer appeared uninterested in the business side of the company, insisted she was always right, and was pedantic in her leadership style. Amit Singhal — the man behind the algorithms that power the search engine — didn't get along with Mayer, and went directly to Larry Page to ask him to remove Mayer from the search team.
Mayer was moved to the team that managed Google Maps and local products. Although she was still one of Google's top executives, it was seen as a demotion: She was no longer in charge of Google's most lucrative and money-generating product.
By , Mayer's powerful run at Google was coming to an end. Other people discussed were Nikesh Arora, then the chief business officer at Google, and Eddy Cue, Apple's senior vice president of internet software and services. Some insiders had reservations about hiring Mayer, questioning her lack of experience managing the finances and corporate operations of a business. Expectations were immediately high for Yahoo's potential turnaround under Mayer. She quickly overhauled Yahoo's existing management, and brought in her own people.
She took just two weeks off for maternity leave before returning to work, where she then set up a nursery in her office for a full-time nanny to take care of the baby. It's not something she needs to shed at the end of the day. Mayer soon started to face some criticism after she banned Yahoo employees from working from home, and called taking care of her baby "easy" during a women-in-business conference. Mayer told Business Insider in that she's not a feminist: Instead, she's "blind to gender.
Mayer gave birth again in December to identical twins, named Sylvana and Marielle. She took only five days off before returning back to work. Mayer was credited for drastically improving some of Yahoo's product designs and traffic to its core apps.
She enacted a series of reforms to upend the internal culture at Yahoo, and brought back excitement into the flailing company. However, revenue in Yahoo's core business stubbornly refused to pick up, and Mayer was blamed.
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