In this success post, we are going to share the story of Robert Pera, youngest billionaires, and a self-made billionaire of the Silicon Valley. With the passion for designing products, he left a lavish job at Apple and started a company in an economical $700/month apartment/office, reminding himself that he must not fail. A shy media entrepreneur who is living a lean life has the ambition to create internet connectivity that is available everywhere.
Robert Pera Early Life
Robert Pera was born on the 10th March 1978 in San Carlos. His father worked as a business consultant, and his mother was a public relations officer. He was always interested in technology and computers. Because he started his first business when he was still in high school. He used to set up computers, networks, and some databases that ran the software. But he was also a member of his school basketball team.
At the same time, he was diagnosed with a heart valve infection and had to leave school for a year. At the same time, he was diagnosed by a heart valve infection and had to leave the school for a year. After completing his school, he joined the University of California in San Diego. Where he pursued a BA degree in Japanese Languages and a BS in Electrical Engineering. He also obtained an MS degree in Electrical Engineering from the same university.
Robert Pera Career
Robert Pera was a Steve jobs admirer, and after completing his education. Also, he got the opportunity to work at Apple Inc., as a hardware engineer. His work was related to testing the company Wi-Fi devices. After working there for some time, he discovered that the signal emitted by the power sources used by the Apple Wi-Fi devices were below the FCC limits. And the transmission range could be enhanced by boosting their power so as to make internet accessible at the places, where the telephone and cable companies did not reach. He consulted his superiors regarding the same matter, but nobody took him seriously.
Robert Pera Founding Ubiquiti Networks
Pera had an idea, and he himself started working on his own low cost, high-performance Wi-Fi module, at his apartment for a longer period of one year, and in early 2005, he quit Apple Inc. to form his own company that is Ubiquiti Networks.
With the savings and credit card cash debt, he managed to secure $30000 to invest in his company. And started Uniquiti Networks, in the month of March 2005. The main goal is to start this company was to wirelessly deliver the internet to be underserved areas. Using the existing Wi-Fi technologies. The first product series launched by the company included the Super Range Mini-PCI radio cards SR2 and SR5.
Robert Pera Personal Life
The American Entrepreneur secured a place in the Forbes list of 10 youngest billionaires in the world, at the age of 36. He is the 229th richest man in the US, and the 642nd richest person, in the World Billionaire list. Pera took the company public in the year 2011 and secured $33.5 million in the IPO. He owns 65% shares in the company.
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