Ted Waitt Bio | Wiki
Ted Waitt ( Full Name: Theodore William “Ted” Waitt) is a famous American billionaire philanthropist and businessman. He is the co-founder of the American computer company, Gateway, Inc. Furthermore, Ted is happily married to Michele Merkin. He was previously married to his ex-wife called Joan Peschel but their marriage ended in a divorce.
Ted Waitt Age
He was born on January 18, 1963, in Sioux City, Iowa, United States. Ted is 60 years old.
Ted Waitt Height
He is a man of average stature. Ted stands at a height of 5 ft 9 in ( Approx. 1.75m ).
Ted Waitt Family
He was born in Sioux City, Iowa, United States to a loving mother and a caring father named Norman Waitt Sr. Norman was a cattle broker. Ted’s family had been in the cattle business for four generations. After dropping out of the University of Iowa in 1984 at the age of twenty-two, he began selling computers at Radio Shack. Ted then became friends with Mike Hammond. Eventually, the two created Gateway 2000.
Ted Waitt Wife | Michele Merkin
He is a married man. Ted is blissfully hitched to his appealing wife named Michele Merkin. She is a 48-year-old American former model and television host. Michele was born on June 25, 1975, in Santa Clara County, California, United States. Furthermore, she started modeling part-time from the age of 15, while she was in high school. In addition, Michele has appeared in magazines such as Vogue, Harper’s Bazaar, Marie Claire, and ELLE. Previously, he was married to his ex-wife called Joan Peschel. However, their marriage ended in divorce.
Ted Waitt Michele Merkin Wedding
He exchanged his wedding vows with the love of his life, Michele Merkin on July 3, 2011. Together, they celebrated their 12th wedding anniversary in July 2023 .
Ted Waitt Education
He went to a local high school. There, Ted had a wild period and also failed computer science. Eventually, he ended up at the University of Iowa. There, Ted majored in marketing.
Ted Waitt Gateway
He and Norm Jr., his brother, and Mike Hammond began Gateway 2000 on September 5, 1985, with a $10,000 loan secured by Ted’s grandmother. The company started on his father’s cattle ranch in Sioux City, Iowa. It was relocated to Sergeant Bluff, Iowa, and later to North Sioux City, South Dakota. There, they continued to develop their “down-home” branding, complete with computer boxes printed in a black and white Holstein cow pattern. In the year 1998, he led a move of the company’s headquarters from South Dakota to Poway, California.
In late 1999, Ted relinquished his post as CEO of Gateway to Jeffrey Weitzen. However, he came back to the post in January 2001. Ted turned over the day-to-day operations of Gateway and the title of CEO to Wayne Inouye in 2004 after the acquisition of eMachines. Wayne is the previous CEO of eMachines. Ted sold $1.1 billion in Gateway stock during the dot-com era according to the September 2002 issue of Fortune Magazine. The computer company was acquired by Acer Inc. in August 2007 for $1.90 per share or $710 million.
Ted Waitt Yacht | Boat
The tech billionaire owns a 240-foot superyacht called Plan B. It was custom-built in 2012 and sleeps 12 in eight staterooms. Furthermore, the yacht features a gym, massage room, elevator, helipad, and jacuzzi. Moreover, Plan B can be rented for about $604,000 per week. It assisted Ghislaine to travel to Croatia and the South of France.
Ghislaine Maxwell Ted Waitt | Maxwell | Epstein
He was romantically linked to Ghislaine Maxwell after she concluded her relationship with Jeffrey Epstein. Ghislaine is a 61-year-old British convicted sex offender and former socialite. However, the convicted sex offender was found guilty of child sex trafficking and other offenses in connection with the deceased financier and convicted sex offender Jeffrey Epstein in the year 2021. Ghislaine was sentenced in a New York court to twenty years imprisonment in June 2022.
Ted Waitt House
He owns homes in the Bird Streets area of Hollywood Hills West, Los Angeles. It was put up for sale for $20 million in September 2015. Ted also owns a home in La Jolla, California. He bought it in 2005 for $13.32 million and put it for sale for $22.9 million in November 2015). In addition, he also owns a home in Beverly Hills, California.
Ted Waitt Net Worth
Having been working as a businessman for a total experience exceeding twenty years now, he has managed to garner good affluence in his career thus far. Ted’s net worth is $800 Million.
Who Is Ted Waitt
He is a 60-year-old famous American billionaire philanthropist and businessman known as the co-founder of the American computer company, Gateway, Inc. Furthermore, Ted is happily married to Michele Merkin. He was previously married to his ex-wife called Joan Peschel but their marriage ended in a divorce.
How Old Is Ted Waitt
He is 60 years old. Ted was born on January 18, 1963, in Sioux City, Iowa, United States. Thus, he relishes and commemorates his birthday on January 18 every year.
How Tall Is Ted Waitt
He is a man of average stature who stands at a height of 5 feet 9 inches, approximately 1.75 meters.
Ted Waitt Social Media
Twitter – @tedwaitt