How did Assaf Rappaport amass his fortune?
As a self-made entrepreneur, he played a pivotal role in cybersecurity, co-founding Adallom and later Wiz, one of the fastest-growing cloud security companies.
His financial journey is a story of strategic investments, high-profile acquisitions, and market success. But what exactly is his net worth in 2025, and how does he make his money? Let’s dive deep into his financial empire.
Assaf Rappaport Quick Facts
FACT | DETAIL |
---|---|
Real Name | Assaf Rappaport |
Popular Name | Assaf Rappaport |
Birth Date | August 28, 1983 |
Age (as of 03/18/2025) | 41 |
Birthplace | N/A |
Nationality | Israel |
Ethnicity | N/A |
Education | The Hebrew University of Jerusalem |
Marital Status | Unmarried |
Spouse | N/A |
Children | N/A |
Dating | N/A |
Siblings | N/A |
Parents | Tzipi (mother) |
Height (meters) | N/A |
Net Worth | $1.2 billion |
Source of Wealth | Security startup, Self Made |
What is the Net Worth of Assaf Rappaport in 2025?
As of March 18, 2025, Assaf Rappaport’s net worth is estimated at $1.2 billion.
His wealth largely comes from Wiz, the cloud security company he co-founded, where he holds a 10% stake. His company has rapidly grown in value, reaching $12 billion in May 2024.
Compared to other Israeli entrepreneurs in the cybersecurity industry, Rappaport stands out, but he is still behind giants like Gil Shwed, the founder of Check Point Software, who boasts a higher valuation. Nevertheless, his financial influence in the cloud security sector remains substantial.
Related People
- Gil Shwed
- Roy Reznik
- Ami Luttwak
- Yinon Costica
- Bernard Arnault
- Marc Andreessen
- Ben Horowitz
- Satya Nadella
- Reid Hoffman
- Larry Ellison
Want to see how Assaf Rappaport compares to other self-made billionaires? Check out the wealthiest entrepreneurs making headlines today.
Assaf Rappaport Wealth, Salary and Financial Overview
How Did He Build His Wealth?
Assaf Rappaport’s financial success is deeply connected to his expertise in cybersecurity. He began his journey by co-founding Adallom in 2012, alongside Roy Reznik, Ami Luttwak, and Yinon Costica. The company focused on securing cloud applications and gained massive industry traction.
In 2015, Microsoft acquired Adallom, integrating its security solutions into Microsoft Azure. Rappaport then took on a leadership role at Microsoft Israel R&D, further expanding his knowledge of cloud security and corporate management.
However, he didn’t stop there. In 2020, he co-founded Wiz, which rapidly became one of the top cloud security platforms. With high-profile clients like Fox, Morgan Stanley, and LVMH, Wiz’s valuation soared to $12 billion in 2024, securing Rappaport’s billionaire status.
His Salary and Earnings Breakdown
While specific salary figures for Rappaport are undisclosed, his main source of earnings comes from his 10% ownership stake in Wiz. As the company continues to grow, so does his financial portfolio.
Besides his stake in Wiz, Rappaport has benefited from past acquisitions, such as Adallom’s sale to Microsoft. His earnings also include:
- Potential dividends from Wiz
- Equity appreciation from company growth
- Possible advisory or board member compensation
His Business Investments and Financial Decisions
Rappaport is known for strategic business decisions that maximize wealth generation. His biggest financial move was founding Wiz, but his earlier sale of Adallom to Microsoft was also a key moment.
At Wiz, he aggressively raised funds, securing investments from top venture capital firms like:
- Andreessen Horowitz
- Lightspeed Venture Partners
- Thrive Capital
By focusing on large-scale enterprises and rapidly growing Wiz’s customer base, he ensured continuous revenue inflow and company expansion.
Wiz’s Financial Growth and Market Valuation
Wiz is one of the fastest-growing cybersecurity companies, thanks to its ability to detect cloud security threats for major corporations.
- Revenue: Surpassed $100 million in 2023
- Valuation: Reached $12 billion in May 2024
- Major Clients: Fox, Morgan Stanley, LVMH
- Investor Support: Andreessen Horowitz, Thrive Capital
With cloud security being a booming sector, Wiz’s financial trajectory remains promising, and its future valuation could climb even higher.
His Future Financial Prospects and Potential Growth
Looking ahead, Rappaport’s wealth is likely to grow, given Wiz’s continued expansion. Possible growth factors include:
- Global expansion of Wiz’s cybersecurity solutions
- New partnerships with major enterprises
- Further investment rounds and potential IPO
If Wiz continues its rapid growth, his net worth could increase substantially over the next few years, positioning him among the top tech entrepreneurs globally.
Conclusion
Assaf Rappaport’s journey from startup founder to billionaire tech leader is a testament to his business acumen and cybersecurity expertise.
As Wiz continues to grow, his financial future remains bright. Want to stay updated on the latest insights into tech billionaires? Check out more exclusive content on Aupeo.