Wiki Biography of Nolan Bushnell
Nolan Kay Bushnell, an engineer and entrepreneur, was born on February 5, 1943 in Clearfield, Utah, and is best known as the co-founder of Atari, Inc., a video game development company that produced the majority of arcade games during the 1980s, the most famous of which are undoubtedly Pong, Pac Man, Breakout, and Space Invaders. He is also the co-founder of the Chuck E. Cheese’s Pizza Time Theaters and eateries chain in the United States.
Have you ever considered how wealthy this computer nerd has become? How wealthy is Nolan Bushnell? According to sources, Nolan Bushnell’s net worth is estimated to be $50 million as of early 2016, including a residence in Woodside, California, and has been amassed throughout the course of his almost 47-year career in the entertainment industry.
Nolan Bushnell has a net worth of $50 million dollars.
When Nolan was in high school, he worked at Lagoon Amusement Park and developed an interest in arcade games. In 1968, he earned a bachelor of science degree in electrical engineering from the University of Utah College of Engineering. During his studies, Nolan Bushnell’s interest in arcade games grew as he played Spacewar! Game, and in 1969, he founded Syzygy company with Ted Dabney with the goal of creating a Spacewar clone called Computer Space. The game was published by Nutting Associates and grossed more than $3 million. Nolan Bushnell’s overall net worth is based on this latter engagement.
Their appetites developed, and in 1972, the talented duo launched Atari, Inc., a home computer and video game development firm. Three years later, the home version of their first game, Pong, was released and quickly became a smash. With the release of the Atari 2006 home video game console in 1977, Atari, led by Nolan Bushnell, sparked a revolution in the home gaming business, selling over 250,000 units on the first day. Nolan sold Atari, Inc. to Warner Communications for $28 million in the same year, but retained his chairmanship. By 1982, Nolan had guided Atari to become one of the fastest-growing corporations in the United States, with annual sales of $1.3 billion. This commercial enterprise was undoubtedly the main source of Nolan Bushnell’s wealth.
Nolan Bushnell initiated another business initiative in 1977, after obtaining Pizza Time Theater from Warner Communications. It became Chuck E. Cheesy’s Pizza Time Theater, a network of family entertainment centers originally envisioned as a place where kids could eat pizza and play Atari’s video games. However, when the company went bankrupt in 1984, Nolan resigned from his position. Nolan was unfazed by his business loss, and he went on to develop Catalyst Technologies, one of the earliest business incubators, with businesses like Androbot, Etak, Cumma, and Axlon among its portfolio. These enrolments had a significant beneficial impact on Nolan Bushnell’s net worth.
Despite the fact that Nolan’s wealth was harmed during the 1990s, and despite the fact that he had to declare bankruptcy and have his assets taken by the banks, he was able to get back on his feet and earn millions again. Nolan Bushnell has founded over 20 businesses in his career, the most of which are closely related to computer science and game creation. uWink and Brain Rush are two of his most recent ventures.
Nolan Bushnell is regarded as one of the founding fathers of the video game industry, and he has been recognized for his contributions by being inducted into both the Video Game Hall of Fame and the Consumer Electronics Association Hall of Fame. He was designated one of the 50 Men Who Changed America by Newsweek.
In terms of his personal life, Nolan has three children from his first marriage to Paula Rochelle Nielson. He is now married to Nancy Bushnell and has five children with her. They currently dwell in Nolan’s family mansion in Woodside, California, which he purchased from coffee billionaire James Folger in 1977.
|Date Of Birth
|February 5, 1943
|Place Of Birth
|Clearfield, Utah, USA
|Engineer, Entrepreneur, Writer
|University of Utah College of Engineering, Utah State University, Stanford Business School
|Paula Rochelle Nielson, Nancy Bushnell
|Wyatt Bushnell, Brent N. Bushnell, Alissa Bushnell, Tyler Bushnell, Dylan Bushnell
|Video Game Hall of Fame, Consumer Electronics Association Hall of Fame, BAFTA Fellowship, Nations Restaurant News “Innovator of the Year” award
|Newsweek’s “50 Men Who Changed America”
|“Something Ventured”, “Atari: Game Over” (2014)
|“Made in the USA” (2005), video game “Hat Trick” (1987), Anti-AgingGames, “We Talk Games”, “Nolan Bushnell Keynote Address”(2009)