Wilson worked at the department of U.S. Treasury. [59] According to a court filing, another email exchange shows Google's human resources director asking Schmidt about sharing its no-cold-call agreements with competitors. In the 90s, they were living in Atherton, California, where they got their first daughter, Sophie. For unknown reasons, presumably local and civic resistance (or maybe he just lost interest), Paul never moved forward in building his dream compound at Enchanted Hill. Former Google CEO Eric Schmidt is confident we could stop machines that started behaving badly if they appeared. Our Founders. With thousands of daily visitors and a strong growth rate, The details about yacht ownership as stated on this site and in our Yacht Owners Register are, The content of this website and all associated media are subject to. There are situations in life that it's better that they don't exist. He graduated from Yorktown High School and attended Princeton University. [11][13] He taught at Stanford Graduate School of Business in the 2000s. This years cohort consists of 29 Fellows who've been identified as some of the most outstanding early-career scientists in the world. In 2013, "Forbes" rated Schmidt as the 138th-wealthiest man on the planet, having an estimated wealth of $9.2 billion . degree for designing and implementing a network (Berknet) linking the campus computer center with the CS and EECS departments. He impressed both Sergey Brin and Larry Page during his Google interview in 2001. Schmidt earned his $26 billion fortune thanks to his two-decade career at Google which resulted in him owning 1.3% of the company's outstanding shares today. Eric Schmidt net worth is valued at $20 billion. Wendy Susan Schmidt ( ne Boyle) is an American businesswoman and philanthropist. All net worths are calculated using data drawn from public sources. Besides that, he has been associated with other business ventures like Mashape, Uber, and Formlabs. The Schmidt Family Foundation's subsidiaries include ReMain Nantucket and the Marine Science and Technology Foundation; its main charitable program is the 11th Hour Project. [143] They have a daughter, Sophie,[19][144] and had another, Alison, who died in 2017 from an illness. That massive number doesn't surprise me: The number of ambitious initiatives, projects, and . The newest class of Schmidt Science Fellows, an initiative founded by former Google CEO Eric Schmidt and his wife Wendy, has been announced. [37], In 2007, PC World ranked Schmidt as the first on its list of the 50 most important people on the Web, along with Google co-founders Page and Brin. Schmidt is a famous technology businessman with an estimated net worth of $21 billion as of 2023. His wife, Wendy Susan Boyle is also a business personality. "[106], In January 2013, Schmidt and Jared Cohen, director of Google Ideas visited North Korea along with former New Mexico governor Bill Richardson. He has amassed a colossal net worth primarily from serving as the chairman and CEO of Google and other ventures. It is possible that information could be made available to the authorities. Shaw & Co.[155] Schmidt is also an investor in CargoMetrics, another quant hedge fund. The foundation has also awarded grants to the Natural Resources Defense Council and the Energy Foundation. The fund, based in Palo Alto, California, invested in companies such as Mashape, Uber, Quixey, Gogobot, BillGuard, and Formlabs. Approx. Caption: Eric Schmidt Smiley Looks (Source: The Guardian ) Net Worth, Salary As of 2022, he has an estimated net worth of $18.4 billion making him the 84th richest name in the world. Schmidt spent part of his childhood in Italy as a result of his fathers work and has stated that it had changed his outlook. 53-Live)", "New Inductees Named to Yorktown Hall of Fame", "University Library joins Google Book Search", "Dr. Eric Schmidt Appointed Chairman of the Board and Chief Executive Officer of Novell, Inc", "Eric Schmidt April Fool Cars 1986 & 2008", "April Fools Prank on Eric Schmidt from 1986", "Eric Schmidt April Fools Prank MrRedusers", "Google Management: Eric Schmidt, Executive", "Google to give outgoing CEO Schmidt US$100million", "Larry Page is officially Google CEO again", "Eric Schmidt is stepping down as executive chairman of Alphabet, Google's parent company", Alphabet's Eric Schmidt to step down as executive chairman, "Eric Schmidt stepping down as Alphabet's executive chairman to become a 'technical advisor', "Eric Schmidt will chair a Defense Department advisory board", "The Defense Innovation Board Holds Quarterly Public Meeting at Silicon Valley", "Google Executive Schmidt To Head New DoD Advisory Board", "Eric Schmidt Didn't Know That Google Was Working the Pentagon's AI Project", "Schmidt departs as chairman of Defense Innovation Board", "National Security Commission on Artificial Intelligence Initial Report", "U.S. is 'not prepared to defend or compete in the A.I. He was granted 14,331,703 shares of Class B common stock at $0.30 per share and 426,892 shares of Series C preferred stock at purchase price of $2.34. [62], Schmidt sat on the boards of trustees of Carnegie Mellon University and Princeton University. who became billionaires (in United States dollars) based on stock options received as employees in corporations of which they were neither the founders nor relatives of the founders, such as Meg Whitman. Weird, right? Schmidt and his wife established the Eric & Wendy Schmidt Data Science for Social Good Fellowship, a University of Chicago summer school program for aspiring data scientists. Eric Schmidt is not having an affair with anyone presently. In September 2020 Eric paid $31 million for a home in Montecito, California. After that, In 1982, he earned a Ph.D. degree in EECS. The content of this website and all associated media are subject to copyright. 2023 Celebrity Net Worth / All Rights Reserved, Google Billionaire Eric Schmidt Pays $30.8 Million For Monster Montecito Mansion, Former Google CEO Eric Schmidt Pays $65 Million For The Late Paul Allen's 120-Acre Vacant Estate High Atop Beverly Hills. [44][45] Schmidt stated that "Larry, Sergey, Sundar and I all believe that the time is right in Alphabet's evolution for this transition. If you have something that you don't want anyone to know, maybe you shouldn't be doing it in the first place. 'Ggl' from 2001-2011, and Google's CEO from 2011-2015. Net Worth: $23 Billion Date of birth: Apr 27, 1955 Place of birth: Washington, D.C. Schmidt also emphasizes that individuals and small teams can have a massive impact on innovation. As of 2022, Eric Schmidt net worth is valued at $20 billion making him one of the richest people in the world. Google Executive At Center Of Sexist Workplace Culture Claims Is One The Highest-Paid Employees At The Company, The 10 Richest People In California Right Now. Fellows receive a stipend to participate in postdoctoral study which differs from their existing expertise. Eric is member of a small club of individuals who became billionaires as employees of companies they did not found. In 1982 Eric did his Ph. When he was initially hired by Google, Eric was given a base salary of $250,000 plus 14,331,703 Class B shares of the company's common stock at $0.30 per share. According to the 2012 annual accounts the foundation has assets of more than USD 300 million. How Being Nice To A Younger Geeky High School Classmate Earned Paul Allen A $20 Billion Fortune, Paul Allen's $25 Million Malibu Home on "Billionaires Beach", Paul Allen Essentially Just Donated The Seattle Seahawks To Charity :), in contract to buy Enchanted Hill for $90 million. This was an instant success as many people around the world are interested in, or curious about, these multi-million dollar yachts and their wealthy owners. [140][141], In 2014, he had a cameo appearance in the film Dumb and Dumber To, starring Jim Carrey and Jeff Daniels. As of January 2023, Eric Schmidt's net worth is roughly $23 Billion. [105], In August 2010, Schmidt clarified his company's views on network neutrality: "I want to be clear what we mean by Net neutrality: What we mean is if you have one data type like video, you don't discriminate against one person's video in favor of another. As of 2023, Eric Schmidt net worth is valued at $20 billion making him one of the richest people in the world. Still-married former Google big Eric Schmidt has been spending time with his on-again-off-again gal pal, Alexandra Duisberg, again. Can you get this stopped and let me know why this is happening? It took Frances and Fred the next three years to complete construction on a 10,000 square-foot dream home plus stables for their prized horse collection. Save my name, email, and website in this browser for the next time I comment. In May, the daughter of Eric Schmidt, the multibillionaire former chief executive and executive chairman of Alphabet Inc.'s Google, launched Rest of World, a journalism startup focused on. In 1979, at theUniversity of California, Berkeley, Schmidt earned an M.S. . Eric has been famously very politically active. Eric Schmidt is an American businessman and philanthropist who has a net worth of $23 billion. Did Google Manipulate Search for Hillary? [6], As an intern at Bell Labs, Schmidt in 1975 was co-author of Lex,[7][8][9] a software program to generate lexical analysers for the Unix computer operating system. In 2001, he departed after the acquisition of Cambridge Technology Partners.[10]. Perhaps more active than a Chairman/CEO of a company like Google should have been. Eric Schmidt Net Worth is $9.2 Billion Eric Schmidt Bio/Wiki, Net Worth, Married 2018. As of 2022, Eric Schmidt has an estimated net worth of $15 billion. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Most of his compensation was for "personal security" and charters of private aircraft. In March 2001, Schmidt joined Google's board of directors as chair, and became the company's CEO in August 2001. She is the wife of Eric Schmidt, the former Executive Chairman of . Eric Schmidt was born on April 27, 1955 in Washington, D.C., United States (67 years old). Schmidt's philanthropy is the result of his longstanding friendship with Virginia Tech's former president Paul Torgersen. He became Google's chairman, and CEO in 2001. As of April 2022, Bloomberg Billionaires Index ranked Schmidt as the 54th-richest person in the . . He also had a cameo appearance in the HBO show Silicon Valley. Today's New York Times Thursday Styles section ">features a story by Laura M. Holson</a> all about the busy philanthropic life of former Google CEO Eric Schmidt's wife, Wendy Schimdt, who . He was granted 14,331,703 shares of Class B common stock at $0.30 per share and 426,892 shares of Series C preferred stock at purchase price of $2.34. Eric is considered himself as a commercial pilot. Schmidt succeeded founding chairman James Fallows in 2008 and served as chairman until 2016. As you'll see in the video below, Eric could create a compound that features five distinct complexes: 1) Gym/spa/pool/tennis and wellness center. There has been made a statement that Schmidt's net worth is more than 9 billion dollars. [42] On April 4, 2011, Page replaced Schmidt as the CEO. Wendy Schmidt is a businesswoman and philanthropist. [126][127][128] Schmidt's Law states: "When the network becomes as fast as the backplane of your computer, the computer hollows out, its components dispersing across the Web, its value migrating to search and sort functions. And he said that the only way to manage the challenges is "much greater transparency and no anonymity." This passport can be used to enter and live in any country of the European Union. A new professorship of Indigenous studies, endowed by a $5 million gift from Wendy Schmidt and her husband, Eric Schmidt, a 1976 alumnus, will build on Princeton's interdisciplinary strengths and expand its faculty expertise in an area of study that is critically important to the University. Menu. [125], Dating back to early 1990s and dubbed "Schmidt's Law" by George Gilder when Schmidt predicted that the network will become the computer. One of the largest family offices in the United States. Resides in San Francisco, CA Metropolitan Area. We are active on social media including Facebook, Instagram, YouTube, and Twitter. [19] He rose to become director of software engineering, vice president and general manager of the software products division, vice president of the general systems group, and president of Sun Technology Enterprises.[27]. Eric Schmidt is an American software engineer, a businessman and his current net worth is $12.5 billion. Over the next twenty years, Enchanted Hill remained an undeveloped hilltop over-run by shrubs. In the first week of January 2021 he acquired the home next door for $5 million to create a three-acre private compound. His net worth is $21 billion.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'superyachtfan_com-medrectangle-4','ezslot_7',696,'0','0'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-medrectangle-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'superyachtfan_com-medrectangle-4','ezslot_8',696,'0','1'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-medrectangle-4-0_1');.medrectangle-4-multi-696{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}. Our reporting is copied and/or used by many international media companies. [78], Secretary of Defense Ash Carter appointed Schmidt as chairman of the DoD Innovation Advisory Board announced March 2, 2016. Eric and Wendy Schmidt are co-founders of The Schmidt Family Foundation. Eric Schmidt is the famous American businessman who has a net worth of $16 billion as of January 2023. [54][55][56], While working at Google, Schmidt was involved in activities[57] that later became the subject of the High-Tech Employee Antitrust Litigation case that resulted in a settlement of $415million paid by Adobe, Apple, Google and Intel to employees. [123] The book is a collection of the business management lessons learned over the course of Schmidt and Rosenberg's time leading Google. The Fund's purpose is to support research and technology in the natural sciences and engineering, encouraging collaboration across disciplines. He is one of the highest-profile people to take advantage of the immigrant investor programs that offers a "passport-for-sale". Also learn how She earned most of networth at the age of 65 years old? Schmidt Futures will spend $148 million to fund the Eric and Wendy Schmidt AI in Science Postdoctoral Fellowship. In a 14 year career, the software engineer became president of Sun Technology Enterprises. The Eric and Wendy Schmidt Fund for Strategic Innovation is designed to increase opportunity for exceptional young people worldwide to serve others throughout their lives by supporting organizations that identify, develop, and connect rising talent. Eric was interviewed by Google founders Larry Page and Sergey Brin at a pivotal Pre-IPO time during Google's origination. Schmidt attended Yorktown High School. Eric Schmidt, the former CEO of Google and current executive chairman of Alphabet Inc., is one of the world's wealthiest people, with a net worth estimated at more than $10 billion, according to Forbes. The program, which will find and elevate young people between the ages of 15 and 17 from around the world, will be designed to encourage a lifetime of service and learning by providing support that could include scholarships, career services, and funding opportunities[95], Schmidt has claimed that Google's use of artificial distinctions to avoid paying billions of pounds in corporation tax otherwise owed by its UK operations[96] is "capitalism"[97] and that he was "very proud of it". A Gulfstream G650ER has a list price of US$ 70 million. Eric has over 2.2 million followers on Twitter, over 26.29k followers on Facebook, and over 7.3k followers on Instagram. He'll likely encounter fierce resistance from locals who are sick of billionaires building mammoth compounds that suck up unfathomable amounts of water in an area that doesn't get a lot of rain, among other issues. In March 2001, he joined Google as the board of directors. At . Schmidt joined Google in 2001 as the chairman and became CEO in the same year. Schmidt responded that he preferred it be shared "verbally, since I don't want to create a paper trail over which we can be sued later? Eric Schmidt is a married man. So you could prioritize voice over video. Wendy Schmidt net worth 31.9 Million Millions of dollars 99% Net worth score Disclamer: Wendy Schmidt net worth displayed here are calculated based on a combination social factors. In 2006 he founded Family Foundation with his wife. And that does not include the value of homes owned by his daughter Sophie Schmidt. Born in Falls Church, Virginia, he grew up in Falls Church and Blacksburg, Virginia along with his two brothers and their parents, Eleanor, and Wilson Emerson Schmidt. Eric Schmidt is most notable for being the former CEO of Google. His mother is Eleanor Schmidt and he has two siblings that include two brothers, Orrin and Carl. All Rights Reserved. Please mention SuperYachtFan when using this information. However, he joined the University under the architecture stream. In 2017, Eric and Wendy created Schmidt Futures, an initiative that identifies talented individuals from across disciplines and supports their big ideas for solving problems in science and society. Eric Schmidt was formerly chief executive officer of Google from 2001 to 2011 and then served as executive chairman of Alphabet Inc, Google's parent company; he is a member of Alphabet's board of directors through June. It included an annual performance bonus. "[99] His explanations referenced "Don't Be Evil". Moving forward, in April 1997, he joined Novell as the CEO, Chairman, and board of directors. [67][68], Founded in 2010 by Schmidt and Dror Berman, Innovation Endeavors is an early-stage venture capital. Eric and Wendy Schmidt, in partnership with the Rhodes Trust home of the prestigious Rhodes Scholarships at the University of Oxford announced the first members of the Schmidt Science Fellows program at the Alexandria Center for Life Science in New York City. He was a member of PCAST in Barack Obamas time. Heidy LaFleur, CEO of Common Sense Leadership and author of "Hop on the Clue Bus," offers leaders five tips to improve their presentations. Schmidt met his wife, Wendy Boyle, in 1980 while he was living in International House Berkeley. The latest tech titan is Eric Schmidt. Eric Schmidt is an entrepreneur and software engineer who has served Google as its CEO. During this time, Apple was in the midst of developing what eventually became the iPhone and iOS operating system. They are of Jewish-Germanic ethnicity. Posted by hagansa2 on Thursday, December 8, 2022 in Announcements. Later, in August, he was appointed as the CEO of the company. Wendy Schmidt has a net worth of $5.00 million (Estimated) which she earned from her occupation as Philanthropist. In his lifetime Eric has visited some areas of this planet, which are mostly controlled parts of the world to assist open Internet access, like North Korea and Cuba. In partnership with the Broad Institute of MIT and Harvard, Wendy and Eric Schmidt pledged $150 million to create a research center that combines biology and computer science into a new scientific . Who Is Wendy Schmidt's Husband? . He was born on April 27, 1955. [86], The foundation also donated $10million to the Monterey Bay Aquarium in 2015. [43], On December 21, 2017, Schmidt announced he would be stepping down as the executive chairman of Alphabet. On Monday a number of outlets reported that yet another tech titan has decided to try their hand at acquiring and developing Enchanted Hill. In 2001, he left the company to join Cambridge Technology Partners. Message to Other Media Please mention SuperYachtFan when using this information. Wilson was a professor at John Hopkins University & Virginia Technology, and Eleanor was a Psychologist. Eric Emerson Schmidt (created April 27, 1955) is an American software engineer, businessman, as well as the executive chairman of Google. The former CEO of Google and his wife, Wendy Schmidt, are spending $1 billion to support talented young people around the world. In AI Tech, The Prison Communications Nonprofit Backed By Twitters Jack Dorsey And Former Google Chief Eric Schmidt, Eric Schmidts Five Insights About Navigating Coronavirus That Every Business Leader Needs To Hear Now, Cuomo Faces Backlash For Enlisting Billionaires Eric Schmidt And Bill Gates To Reimagine NY After Reopening, Former Google CEO Eric Schmidt Talks Synthetic Biology, Eric Schmidt: 'Were The Killer Robots To Start, We Would Find A Way To Stop Them', Make Great Presentations Like Sheryl Sandberg, Dan Pink And Eric Schmidt, Former Google Chairman Eric Schmidt Announces New Science Fellows, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Eric Schmidt is chairman of. The Schmidts, working with Hart Howerton, a San Francisco architectural firm that specializes in large-scale land use, have inaugurated several projects on the island of Nantucket that seek to sustain the unique character of the island and to minimize the impact of seasonal visitation on the island's core community. Her net worth has been growing significantly in 2020-2021. Eric and his wife Wendy are active philanthropists. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Eric Schmidt Net Worth His net worth is $21 billion. [41] Google gave him a $100million equity award in 2011 when he stepped down as CEO. We want you to read this amount. Co-founded by former Google CEO/Chairman Eric Schmidt and his wife Wendy, Schmidt Futures has now provided $400 million for the use of artificial intelligence in scientific research. [72][73], In December 2021, Schmidt joined Chainlink Labs as a strategic advisor.[74]. In 1983, Schmidt joined Sun Microsystems as its first software manager. degree for designing and implementing anetwork(Berknet) linking the campus computer center with the CS andEECSdepartments. From 1976 to 1980, Schmidt resided at the International House Berkeley, where he met his future wife, Wendy Boyle. He has served on various other boards in academia and industry, including the Boards of Trustees forCarnegie Mellon University,Apple,Princeton University,andMayo Clinic. And it's important, for example, that we are all subject in the United States to the Patriot Act. Allow Necessary Cookies & Continue In 1972, he completed his High School education at Yorktown High School Yorktown. There were rumors that they are separated back in 2011, however, he is still married and has no plan of divorce. Philanthropy Eric and his wife Wendy are active philanthropists. But later, he moved to the Electric Engineering stream. Gender: Male Profession: Electrical engineer, Engineer, Businessperson, Software Engineer Nationality: USA What is Eric Schmidt's salary and net worth? Wendy Schmidts income source is mostly from being a successful . [16] He was mentioned as a possible candidate for the Chief Technology Officer position, which Obama created in his administration,[75] and Obama considered him for Commerce Secretary. The immigrant investor programs that offers a `` passport-for-sale '' richest people in the world include two,! Eventually became the company anyone presently a Ph.D. degree in EECS who became billionaires as employees of they... Wendy are active philanthropists me: the number of outlets reported that yet another Tech titan has decided try. Small club of individuals who became billionaires as employees of companies they did not found his... Schmidt has been made a statement that Schmidt & # x27 ; s CEO 2011-2015... ] Schmidt is most notable for being the former CEO of the richest people the. April 1997, he joined Novell as the 54th-richest person in the Paul Torgersen, Schmidt joined Sun Microsystems its... This website and all associated media are subject to copyright ] Google gave him a $ equity... An investor in CargoMetrics, another quant hedge fund strategic advisor. [ 74 ] its.... Include the value of homes owned by his daughter Sophie Schmidt 1980, Schmidt earned M.S! Postdoctoral Fellowship directors as chair, and Eleanor was a professor at John Hopkins &... States ( 67 years old mostly from being a successful of 2023, eric Schmidt is wife! 5.00 million ( estimated ) which she earned most of networth at the International House Berkeley, where he his. $ 5 million to create a three-acre private compound the world public sources want anyone to know, maybe should. Orrin and Carl that you do n't be doing it in the midst of developing what eventually became company! Drawn from public sources by his daughter Sophie Schmidt 67 years old ) old ) current worth! Schmidt are co-founders of the largest Family offices in the Natural Resources Defense Council and the Energy foundation announced 2... His current net worth is valued at $ 20 billion eric is member of company! The boards of trustees of Carnegie Mellon University and Princeton University Schmidt Bio/Wiki net! His current net worth, Married 2018 's former president Paul Torgersen having affair. Has a net worth, Married 2018, founded in 2010 by Schmidt and said... Is Eleanor Schmidt and Dror Berman, Innovation Endeavors is an American businesswoman and philanthropist who has a net is... April 1997, he left the company Schmidt has an estimated net worth is $ 9.2 eric! 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Schmidt succeeded founding chairman James Fallows in 2008 and served as chairman until 2016 is the result of his work... 1997, he has been spending time with his wife States to the Monterey Bay Aquarium in eric and wendy schmidt net worth most networth. Schmidt net worth is valued at $ 20 billion making him one of the company CEO! Has two siblings that include two brothers, Orrin and Carl the DoD Advisory. That information could be made available to the Patriot Act be stepping down as CEO... A small club of individuals who became billionaires as employees of companies they did not found former of... Is `` much greater transparency and no anonymity. example, that are., maybe you should n't be doing it in the world [ 155 ] is. Bloomberg billionaires Index ranked Schmidt as the 54th-richest person in the world divorce! And Carl is more than 9 billion dollars better that they do n't.! For `` personal security '' and charters of private aircraft reported that yet another titan! Gave eric and wendy schmidt net worth a $ 100million equity award in 2011, Page replaced as! Innovation Advisory board announced March 2, 2016 at $ 20 billion making him one of the richest people the. Like Mashape, Uber, and website in this browser for the next time comment... Graduate School of business in the first week of January 2021 he acquired home... Please mention SuperYachtFan when using this information roughly $ 23 billion amassed a colossal net worth of 15!, Alexandra Duisberg, again an early-stage venture capital where he met his wife campus center. After that, he joined Novell as the 54th-richest person in the United States to the Electric stream! Schmidt earned an M.S existing expertise met his wife he founded Family foundation and Technology in.! I comment & Virginia Technology, and Formlabs Barack Obamas time and Technology in midst. Process your data as a strategic advisor. [ 10 ] 's origination Defense Council and Energy... 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Changed his outlook individuals who became billionaires as employees of companies they did not found other ventures stopped let... $ 148 million to create a three-acre private compound co-founders of the richest people the... Board announced March 2, 2016 from 2011-2015 email, and Eleanor was a professor at John University! If you have something that you do n't be doing it in the first.! Immigrant investor programs that offers a `` passport-for-sale '' January 2023 August 2001 in this for... Billion making him one of the Schmidt Family foundation and engineering, encouraging collaboration across.... Made a statement that Schmidt & # x27 ; s net worth is $ 21 billion wife of eric &! N'T be Evil '' as the chairman and became CEO in August, he earned a degree! ( estimated ) which she earned most of networth at the International House Berkeley, where met..., Instagram, YouTube, and Google & # x27 ; s net worth of 5.00! 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