Michael Holthouse is a renowned entrepreneur, founder, and CEO of Paranet Inc. a computer network service company.
He has gained significant wealth throughout his career. In 2024 his net worth is estimated at around $25 Million.
Michael Holthouse Net Worth: $25 million (Estimated)
Here we go into his net worth, income sources, career, Business, and personal life, exploring the details of his successful life.
| Full name | Michael Howard Holthouse |
| Gender | Male |
| Net worth | $25 million |
| Source of wealth | Entrepreneurship, Business, Investment |
| Profession | Entreprepreneur |
| Education | Bachelors in Computer science, Indiana State University, 1976–1980 |
| Birth Date | 6/1/1958 |
| Age | 66 |
| Nationality | American |
| Last Update | 2024 |
Who is Michael Holthouse?
Michael Holthouse is a successful entrepreneur and philanthropist. He founded Paranet Inc. He also serves as an Emeritus Member as an Investor at GOOSE Capital and a Board Member at Dynamics.
Is Michael Holthouse Popular?
Michael Holthouse is known for his investments in technology and his philanthropic work, especially with youth through “Lemonade Day.”
Yet, Michael Holthouse is most recognized in the business sphere as the creator and leader of Paranet, Inc., a company specializing in computer network services.
His achievements include being recognized as an INC. Magazine Entrepreneur of the Year and leading Paranet to win the “Inc. 500 Fastest Growing Company” award twice.
Under his leadership, Paranet experienced significant growth, expanding to 27 offices, employing 1600 people, and generating revenues of over $100 million.
What is Michael Holthouse’s Net Worth?
According to our research, Michale Holthouse’s net worth is estimated at $25 million in 2024.
He is the founder of Paranet Inc. which later sold to Sprint in 1997. Michael Hothouse is also the president of Prepared 4 Life and Holthouse Foundation for Kids.
He is also, the founder of the philanthropic venture Lemonade Day. Lemonade Day has expanded to 85 cities in the United States and 14 countries around the world, serving well over a million youth.
| Name | Michael Holthouse |
| Sources of Income | Business |
| Monthly Income | $250,000 |
| Yearly Income | Unconfirmed |
| Total Asset Value | $14,334,399 |
| Yearly Expenses | Unconfirmed |
| Total Liabilities | Unconfirmed |
| Net Worth | $25 Million |
Net Worth Growth Projections of Michael Holthouse
| Year | Net Worth |
| 2019 | $23 Million |
| 2020 | $23.5 Million |
| 2021 | 24 Million |
| 2022 | 24.5 Million |
Based on the consistent growth, we can project future growth as follows:
- 2023: $25 million
- 2024: $25.5 million
- 2025: $26 million
Michael Holthouse’s Business Career and How It Contributed to His Net Worth?
Michael Holthouse’s net worth grew from founding Paranet, a network services company, and selling it to Sprint. He invests in technology startups and engages in philanthropy.
Michael, who was named “Entrepreneur of the Year” by INC. Magazine and won the “Inc. 500 Fastest Growing Company” award twice, took Paranet to great heights.
In just six years, he grew the company to 27 offices, had a team of 1600 employees, and earned over $100 million in revenues. In 1997, he sold Paranet to Sprint, marking a major success in his entrepreneurial journey.
Michael Holthouse Career Timeline
- Holthouse Foundation for Kids since Sep. 1997
- Chairman Prepared 4 Life since 1996
- Chairman, Intuitive Homes 2002–2006
- President Sprint 1997–1999
- President Sprint Paranet, Inc. 1991–1997
- President Apollo Computer 1985–1990
- Sales and Sales Management Chromatics 1983–1985
- Director of Product Marketing Pennzoil 1980–1983
Michael Holthouse’s Early Life and Family
Michael Holthouse was born and raised in the United States in a middle-class family. He faced many challenges in his early days, he balanced career demands with family needs.
His education journey included fundamental schooling, high school, and college. Later, he studied at Indiana University and completed his bachelor’s in computer science. Holthouse’s strong family bonds were formed during his schooling years.
His early life, marked by hard work and determination, laid the foundation for his later success in business and philanthropy, significantly contributing to his personal and professional growth.
Is Michael Holthouse married?
Yes, Michael Holthouse is married to Lisa Holthouse. They have 2 daughters and 1 son. Name of daughters Pia and Lissa (both 17) and son, Hudson (6).
How old is Michale Holthouse?
Michael Holthouse’s age is 66 years old.
Who is the wife of Michael Holthouse?
Lisa Holthouse is the wife of the famous entrepreneur Michael Holthouse. Lisa Holthouse along with Michael Holthouse co-founded Lemonade Day. The foundation started small, with as few as 2,600 children in Houston, but eventually expanded to encompass 60 cities and impact 1 million children.
Where does Michael Holthouse live?
The entrepreneur Michael Holthouse is lives in Houston, Texas with his wife and family.
What can we Michael Holthouse’s Success Journey in Real Life?
Michael Holthouse’s success journey exemplifies hard work, strategic business decisions, and dedication to philanthropy. His success inspired many individuals to give back to the community.
Final Thoughts — How rich is Michael Holthouse?
Michael Holthouse’s journey from a middle-class upbringing to a successful entrepreneur with a $25 million net worth. Which highlights the power of hard work, strategic planning, and philanthropy in achieving personal and professional success.
