John Morgridge's Journey from Cisco CEO to Philanthropist Billionaire

Born John Philip Morgridge on July 23, 1933, in Wauwatosa, Wisconsin, USA, he rose to prominence as the former chief executive of Cisco Systems, a global leader in telecommunications and networking technology.

Curious about John Morgridge's fortune as of late 2017? Reports indicate his wealth could reach $1 billion, accumulated through a dynamic career spanning from the late 1950s to 2006.

John Morgridge's Financial Legacy

John was one of three children raised by educators L.D. Morgridge and Ruth Gordon Morgridge in Wauwatosa. After attending Wauwatosa East High School, he took on various jobs before enrolling at the University of Wisconsin, earning his degree in 1955, followed by an MBA from Stanford two years later.

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Post-education, John began his career at Stratus Computer and Honeywell Information Systems, later moving to GRiD Systems before joining Cisco in its nascent stages. His leadership propelled the company to unprecedented growth, expanding globally and boosting its workforce to tens of thousands. As CEO and Chairman, John oversaw a period of significant transformation until his retirement in 2006, cementing his financial success.

On a personal note, John has shared his life with Tashia Frankwurth since 1955; together they have three surviving children, six grandchildren, and cherished memories, despite the loss of their youngest son to leukemia.

John's commitment to society is evident through substantial charitable contributions, including a $175 million donation to establish the Fund for Wisconsin Scholars and the creation of the Morgridge Family Foundation. His philanthropy extends to local churches, schools, and major initiatives like The Giving Pledge, inspired by influential figures such as Bill Gates and Warren Buffett.

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His involvement spans numerous boards and foundations, contributing to educational and environmental causes while imparting business knowledge at Stanford's Graduate School of Business.