In 1979, Andy Grove was appointed President of Intel. He documented his business strategies and leadership approach in his widely influential book, High Output Management (1983), which was translated into 11 languages. Grove's leadership continued to shape Intel's trajectory, and in 1987, he became the company’s CEO.
Under his leadership, Intel saw unparalleled growth. Grove reinvested company profits into robust research and development efforts, as well as into new laboratories and innovation centers. His forward-thinking management style fostered a culture of experimentation and invention, solidifying Intel’s transformation from a fledgling startup to a global technology leader.
Beyond High Output Management, Grove authored several other significant works, including Physics and Technology of Semiconductor Devices (1967) and One-on-One with Andy Grove (1987). These publications reflect his deep understanding of both the technical and managerial aspects of technology development.
In 1998, Grove was diagnosed with prostate cancer. Although he stepped down as CEO shortly thereafter, he continued to serve as Chairman of Intel’s Board of Directors until 2004. His emphasis on innovation and strategic management helped establish Intel as a household name around the globe.
Grove’s estimated net worth was approximately $400 million. He passed away at the age of 79 on March 21, 2016. Remembered as a pioneering engineer and visionary leader in the semiconductor industry, Andy Grove’s legacy continues to influence technology and business management today.
Return to the previous page| Birth Date: | 2 Sep, 1936 |
| Age: | 83 yrs |
| Occupations: | Engineer Entrepreneur Computer scientist Writer |
| Citizenship: | United States of America |
| Birth Place: | Budapest |
| Gender: | Male |
| Description: | Hungarian-born American businessman, engineer, and author |
| Net Worth 2021: | 500 million |
