John McAfee Net Worth! How Wealthy The IT Entrepreneur Was?
According to John McAfee Net Worth, a website that keeps tabs on the wealth and finances of the famous and wealthy, when antivirus software developer John McAfee passed away in a Spanish prison in June of last year, his net worth had fallen to a comparatively low $4 million.
After the Spanish high court approved his extradition to the US on tax evasion allegations, McAfee, who established the multinational security software company McAfee in 1987, hanged himself in his cell, according to his lawyer, Javier Villalba, who spoke to Reuters.
More than a year after his passing, McAfee is once again in the public eye thanks to a true crime documentary Netflix released this week on his life as a wanted man.
John McAfee Early Life
On September 18, 1945, at a US Army base in Cinderford, England, John McAfee was born. His father is an American soldier stationed at the facility, and his mother is British. McAfee was raised in the American city of Salem, Virginia.
He has claimed that he feels equally at home in Britain and America. When McAfee was fifteen years old, his violent alcoholic father shot himself to death.
He studied at Roanoke College in Salem, Virginia, where he earned a bachelor’s degree in mathematics in 1967. In 2008, he received an honorary Doctor of Science (Sc.D.) degree from the university.
In the years after his undergraduate graduation, John McAfee worked at NASA’s Institute for Space Studies in New York City from 1968 to 1970. He worked on the application as a programmer. After leaving NASA, he worked as an operating system architect at Xerox and subsequently as a software designer at Univac.
When McAfee joined the Computer Sciences Corporation as a software consultant in 1978, he made the switch to consulting. Then, from 1980 to 1982, he spent two years working for the consulting company Booz Allen Hamilton.
When McAfee was employed at Lockheed in the 1980s, he started working on creating virus-fighting software. For instance, after getting a copy of the Brain computer virus, he started developing antivirus software.
McAfee quit his employment in 1987 to launch his own computer anti-virus business, McAfee Associates. The business was officially formed in the state of Delaware a few years later, in 1992. Before leaving the company in 1994, he worked there for two more years.
After that, he became disinterested in the software industry two years after McAfee Associates went public and sold every share of the company for $100 million.
Network Associates was created in 1997 as a result of the merger of McAfee Associates and Network General. Network Associates changed its name to John McAfee, Inc. seven years later. Intel acquired McAfee Inc. in August 2010.
Up until January 2014, when McAfee-related products started being marketed under the name Intel Security, it kept its own branding distinct from that of Intel. The division formerly known as McAfee, Inc. was split out of Intel in 2017 and renamed McAfee, LLC. This joint venture was between Intel and TPG Capital.
McAfee lost millions of dollars due to a string of poor investments, including a significant wager on Lehman Brothers’ bonds, and had to sell his real estate and other assets for pennies on the dollar.
For instance, McAfee received only $5.7 million for a $25 million Colorado home. In addition, he sold a Cessna private plane, a ranch in New Mexico, and a home in Hawaii.
In the past, McAfee lived in Orange Walk Town, Belize. The Gang Suppression Unit of the Belizean Police Department conducted a raid on his property in April 2012. Police detained McAfee for possessing an illegal weapon and manufacturing drugs, but he was eventually freed without being charged.
In November of the same year, the Belizean police started looking into McAfee as a person of interest in connection with the slaying of an American ex-pat. On November 11, 2012, Gregory Viant Faull’s body was discovered at his Belizean residence.
He was shot and passed away. McAfee had lived next door to Faull, which is why investigators were looking into his relationships with Faull. After being sought out by authorities for interrogation in connection with the murder of Faull, McAfee ultimately left Belize.
A brief update on the status of the release of John’s remains and the autopsy report. pic.twitter.com/FgOssCt3yL
— Janice McAfee (@theemrsmcafee) August 5, 2022
On December 5, 2012, he was detained for entering Guatemala illegally after attempting to claim refuge in Guatemala City. His asylum application was turned down while he was being detained, so he was forced to wait for deportation in a Guatemalan detention facility.
McAfee was eventually released on December 6, 2012, and was returned to the United States by deportation from Guatemala following what ABC News claimed to be two small heart attacks he had while being held in custody. Later, McAfee said he made up the heart attacks to obtain time for his lawyer to submit an appeal on his behalf.
Since then, McAfee has encountered the law numerous times more. He was detained for drunk driving and having a handgun in his hands in Tennessee in August 2015. The wrongful death action against McAfee for Faull’s death in Guatemala was then refiled in November 2018 after the Circuit Court in Orlando, Florida, rejected to dismiss it.
A Grand Jury was then called to prosecute him on tax-related charges after a second lawsuit was filed against him in the early months of 2019. Consequently, he declared in January 2019 that he was eluding American officials and was residing on a boat.
Several further arrests have been made for him. He was detained in July 2019 while his yacht was parked in Puerto Plata, Dominican Republic. He was detained for four days before being let go.
He was detained in Spain in October 2020 as a result of a request for his detention from the American Department of Justice for tax evasion. The Spanish government declared on June 23, 2021, that they would permit John’s extradition back to the United States. Tragically, later on, that day, John committed suicide. He was 75.
John McAfee’s Net Worth
At the time of his passing, John McAfee was a successful American technology entrepreneur with a $4 million net worth. He originally rose to fame and fortune as the creator and CEO of McAfee, a maker of antivirus software.
The 2008 global recession and poor investments caused John McAfee to lose a significant portion of his once-over $100 million net worth. Later in life, John ran into a lot of legal issues. At age 75, he reportedly committed suicide on June 23, 2021.
John McAfee was approached by a sex worker in South Beach, Miami, after he returned to the United States from Guatemala in December 2012 after being deported there. Janice Dyson, who was this woman, and McAfee started dating in 2012, and in 2013 they got married.