How Much is Reed Hastings Worth? Reed Hastings's Assets & Salary in Net Worth 2026: Career Earnings & Assets

Many fans are curious about Reed Hastings's financial success in April 2026. In this article, we dive deep into the assets and career highlights.

What is Reed Hastings' net worth and salary?

Reed was on the board of directors of Facebook from 2011 to 2020. Ironically he is not, and has never been a Facebook user. In fact, he has described social media as his "idea of hell". He was on the board of directors of Microsoft from 2007 to 2012.

His first job after Stanford was for the oilfield services company Schlumberger. He then worked as a software developer for a company called Adaptive Technology. At Adaptive, his focus was debugging software.

"Once you have hitchhiked across Africa with $10 in your pocket, starting a business doesn't seem too intimidating."

During this time he decided to apply to graduate schools. His first choice was M.I.T., but he was rejected and instead opted for Stanford. He graduated in 1988 with a master's in computer science.

Reed Hastings' base salary at Netflix is $650,000. That's a pay cut from the roughly $3 million base salary he earned in many years in the 2010-2014 era. He voluntarily cuts his salary from time to time. Even in good years. For example, he cut his base salary from $700,000 in 2019 to $650,000 in 2020. With bonuses, stock awards and other compensation he typically ends up earning significantly more in salary. For example in 2020, on top of the $650,000 base salary Reed earned roughly $33.4 million in other compensation. In 2019 he earned $31.5 million. In 2018 he earned a total of $29.4 million.

Wilmot Reed Hastings Jr. was born on October 8, 1960 in Boston, Massachusetts. His father was an attorney for the Department of Health, Education and Welfare for the Nixon administration. After high school he spent a year selling vacuum cleaners door-to-door before enrolling at Bowdoin College in Maine. He spent summers training at the Marine Corps' Platoon Leader School with the intention of joining the Marines after graduating. Instead, the very next day after graduating he chose to join the Peace Corps. While in the Peace Corps Reed taught math in schools in Swaziland. Speaking about his time in the Peace Corps decades later, Reed would say:

Reed Hastings is an American entrepreneur who has a net worth of $5 billion. Reed Hastings has earned his fortune as the co-founder, Chairman and CEO of Netflix. As of the company's most recent SEC filing, Reed owns 5.2 million shares of Netflix including options. At his peak, when Netflix stock was soaring, Reed's net worth reached as high as $7 billion.

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In summary, the total wealth of Reed Hastings reflects strategic moves.

Disclaimer: All net worth figures are estimates based on public data.