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George Matus Networth


Facts of George Matus

Full NameGeorge Matus
First NameGeorge
Last NameMatus
Birth NameGeorge Matus
Birth CitySalt Lake City, Utah
Birth CountryAmerica
Gender IdentityMale
Sexual OrientationStraight
Marital StatusSingle
EducationWaterford School
Twitter Profile
Date of Birth1997

Who Is George Matus?

George Matus was born in 1997 at Salt Lake City, Utah. He grew up in his hometown with his brother. He graduated from Waterford School, Sandy, Utah, the United States in 2016.

As of 2019, Matus is 22 years old. He holds an American nationality and belongs to the white ethnic background.

How Much Is The Net Worth Of Young Entrepreneur George Matus?

George Matus is estimated to have a net worth of over $1 million. He accumulates his riches from his career as the CEO of Teal Drones.

In 2014, he launched his own company Teal Drones formerly known as iDrone, while he was still a high schooler.

Young Entrepreneur George Matus showing his new iDroneImage Source: CNBC
Young Entrepreneur George Matus showing his new iDrone

Image Source: CNBC

Matus raised the $2.8 million budget to start a drone company. After graduating from high school, he went to Silicon Valley to get some of the most excellent investors for his Utah based drone company. He said,

"That was really stressful, walking into meetings and having braces. My dad was driving me to meetings until a couple of months ago."

Ultimately, his diligence paid off, and now he is serving as the founder and CEO of Teal.

Trivia: In 2015, George Matus filled the application to be a Thiel Fellow from Peter Thiel's Foundation. Wining over 3,000 applicants, he was chosen as the one. A source reported that the organization pays young entrepreneurs a salary of $100 thousand.

Following a year in 2016, the company raised $3 million with the plan to scale and grow the team.

In 2018, he was listed on the Forbes' list of 30 under 30 - Consumer Technology 2018. As of 2019, the company has over 30 employees and has made the venture funding of over $16 million.

Recently, the company completed a $13.5 million Series A funding bringing the company's total venture funding more than $20 million.

George Matus working on his new DroneImage Source: CNBC
George Matus working on his new Drone

Image Source: CNBC

The new challenger Matus is not just an average teenager. The 22 years old CEO is challenging the top-notch drone companies and drone market, which is reported to be worth somewhere around $127 billion.

Regarding his upcoming plan, he disclosed that his team's goal is to push the boundaries and make drone as ubiquitous as a smartphone.

George Matus Patents Owner

Matus is the proud owner of several million dollars patents. His patents lists

  1. Teal One Design Patent
  2. Thrust Vectoring on a Rotor-Based Remote Vehicle
  3. Modular Arms on a Rotor-Based Remote Vehicle
  4. Extensible Quadrotor Body

George Matus House

George Matus is reported to be the resident of Holladay, Utah. As per sources, the average house price in Holladay is estimated to be worth between $160 thousand to $1 million.

Inspirational Personality For The Upcoming Businessman

George conveyed and advised young entrepreneurs by saying, "The advice I would give to young entrepreneurs is to really find what interests you, and then it doesn’t feel like work. This is my passion, and it’s what I love to do."

According to Matus, he will soon be on the list of the World's Youngest And Most Successful Entrepreneurs.

Updated On Thu Oct 24 2019 Published On Thu Oct 24 2019 By