Frederic Luddy (#2906)
There is no better experience than giving someone a piece of technology that lets them do something they never thought they could do.
- $ 1 B
- Software
- United States
- M
- 71 Years
Rest in Peace Ask Jeeves, every search comes to an end
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About Me
Fred Luddy, a serial entrepreneur, cofounded enterprise software company ServiceNow in 2004, a few weeks before he turned 50. At the time, Luddy had just lost a nearly $35 million fortune when his previous employer, Peregrine Systems, filed for bankruptcy. Advised by Sequoia Capital, Luddy turned down a $2.5 billion acquisition offer for ServiceNow in 2011 and took it public the next year. Luddy stepped down as CEO in 2011 to serve as chief product officer, a role he held until 2017. He became chairman of the board in 2018. ServiceNow generated $9 billion in revenue in 2023.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Frederic Luddy’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Frederic Luddy’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $1.3B
(May 4, 2026)
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