roblox-ceo-david-baszucki-net-worth-1605892010949.jpg
Source: Getty Images

Roblox CEO David Baszucki's Net Worth

By

Updated

David Baszucki is the CEO and co-founder of Roblox, which is a multi-user global platform where people play and create their own worlds. 3D worlds on Roblox are generated by and for Roblox community members. Baszucki’s mission for Roblox is to bring people together through play.  

Article continues below advertisement

Roblox can be played on all modern smartphones, tablets, and computers as well as on Xbox One, Oculus Rift, and HTC Vive. It's free to download, but the company earns revenue through in-app purchases.

david-baszucki-roblox-1605891868053.jpg
Source: Getty Images
Article continues below advertisement

Did David Baszucki die?

David Baszucki hasn't died, although multiple Internet pranks and hoaxes have circulated about his death. However, Erik Cassel, a co-founder of Roblox, passed away in 2013 from cancer. 

Who is David Baszucki?

Before Baszuki became the CEO of Roblox, he founded Knowledge Revolution, which was a leader in “educational physics and mechanical design simulation software.” MSC Software acquired Knowledge Revolution in1998. Baszucki also served as the vice president and general manager at MSC Software.  

Article continues below advertisement

Baszucki has earned multiple awards for his work. He was one of Goldman Sachs’ 100 Most Intriguing Entrepreneurs in 2017, 2018, and 2019. He was also among the Top CEOs for Diversity in 2018 and 2019. 

In a 2013 Wired interview, Baszucki said that Roblox's biggest priority is “delivering a terrific, high-quality overall user experience centered on building and creation.” The developer and creator pool earned $72.2 million in the first three quarters of 2019. The number jumped to $209.2 million for the same period in 2020. 

Article continues below advertisement

Who owns Roblox?

In February 2020, Roblox raised $150 million in Series G funding, according to TechCrunch. The investors include Andreessen Horowitz’s venture fund as well as other new and continuing investors. 

The Wall Street Journal reported that Roblox is valued at $4 billion in February. On Nov. 19, Roblox filed for its IPO following 68 percent growth from the first three quarters of 2019 to the same period in 2020, according to TechCrunch

Article continues below advertisement

The executive team as a whole owns 16.4 percent, while Baszucki owns 12 percent of the company in both Class A and B shares. Altos Ventures, Meritech Capital, Index Ventures, Tiger Global, and First Round Capital also hold significant ownership. 

roblox-games-1605891922453.jpg
Source: Roblox Facebook
Article continues below advertisement

David Baszucki and Erik Cassel

David Baszucki and Erik Cassel collaborated to found an early prototype of Roblox, which was named “DynaBlocks.” They named the company Roblox in 2005 by combining “robots” with “blocks.” The Roblox platform was released in 2006.  

David Baszucki's Roblox account

A Roblox community fan page states that Baszucki used to go by the username “builderman,” but now is david.baszucki on his own Roblox account. 

Article continues below advertisement

How old is David Baszucki?

David Baszucki was born on January 20, 1963. Currently, he's 57 years old.  

How much is David Baszucki worth?

Baszucki’s net worth comes from the sale of his first company, Knowledge Revolution, for $20 million. He also has income from founding and running Roblox. His net worth is estimated to be $28 million.  

Where does David Baszucki live?

Baszucki and his wife Jan Ellison, an author, live in Portola Valley, Calif. 

Advertisement

More From Market Realist