Carl Berg
Encyclopedia
Carl Edwin Berg is a real estate investor and venture capitalist who has been included in Forbes Magazine's list of the 400 richest people in America
numerous times. At the time the 2007 list was released, his net worth
was estimated at $1.5 billion. He is married with one daughter and resides in Atherton, California.
Berg is the owner of Mission West Properties Real Estate Investment Trust
(REIT) and one of the principals of Berg & Berg Enterprises, LLC. His technology investments include the consulting firm International Network Services, which he bought from Lucent Technologies
in 2002.
He is also a major investor and board member of Valence Technologies and Summit Semiconductor, and is on the Board of Directors of LynuxWorks
.
Berg is a former partner of John Sobrato
.
Forbes 400
The Forbes 400 or 400 Richest Americans is a list published by Forbes Magazine magazine of the wealthiest 400 Americans, ranked by net worth. The list is published annually in September, and 2010 marks the 29th issue. The 400 was started by Malcom Forbes in 1982 and treats those in the list like...
numerous times. At the time the 2007 list was released, his net worth
Net worth
In business, net worth is the total assets minus total outside liabilities of an individual or a company. For a company, this is called shareholders' preference and may be referred to as book value. Net worth is stated as at a particular year in time...
was estimated at $1.5 billion. He is married with one daughter and resides in Atherton, California.
Berg is the owner of Mission West Properties Real Estate Investment Trust
Real estate investment trust
A real estate investment trust or REIT is a tax designation for a corporate entity investing in real estate. The purpose of this designation is to reduce or eliminate corporate tax. In return, REITs are required to distribute 90% of their taxable income into the hands of investors...
(REIT) and one of the principals of Berg & Berg Enterprises, LLC. His technology investments include the consulting firm International Network Services, which he bought from Lucent Technologies
Lucent Technologies
Alcatel-Lucent USA, Inc., originally Lucent Technologies, Inc. is a French-owned technology company composed of what was formerly AT&T Technologies, which included Western Electric and Bell Labs...
in 2002.
He is also a major investor and board member of Valence Technologies and Summit Semiconductor, and is on the Board of Directors of LynuxWorks
LynuxWorks
LynuxWorks, Inc. is a San Jose, California software company founded in 1988. LynuxWorks produces embedded operating systems and tools for using full virtualization and paravirtualization in embedded systems...
.
Berg is a former partner of John Sobrato
John A. Sobrato
John Albert Sobrato owns Cupertino-based Sobrato Development Companies, a prominent Silicon Valley development firm specializing in commercial and residential real estate...
.