Reed Hastings
Courtesy of Netflix
United States
2021

Netflix

Reed
Hastings

Founder / Co-CEO

Hastings and co-CEO Ted Sarandos are ever tink­er­ing with Netflix’s formula for success, ramping up the service’s expansion into video games as they increased efforts to crack down on password sharing — a corporate strategy Hastings detailed in his NY Times bestseller, “No Rules Rules: Netflix and the Culture of Reinvention,” released in the fall of 2020. Netflix scored better-than-expected subscriber growth in 2020, thanks to the pandemic lockdown, but Hastings said work-from-home orders were a pure negative when it came to the company’s own workforce performance. Away from Net­flix, he’s been generous with his personal fortune (estimated at $5.1 billion), donating $120 million to scholarships at historically Black colleges in 2020 and $3 million to defeat efforts to recall California Gov. Gavin Newsom in 2021.

Career

  • Netflix

Education

  • Stanford University (CA, USA)
  • Bowdoin College (ME, USA)

Variety Honors

  • 2017 Variety500 Honoree
  • 2018 Variety500 Honoree
  • 2019 Variety500 Honoree
  • 2020 Variety500 Honoree
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News from Variety

Netflix's Reed Hastings and Wife Patty Quillin Donate $10 Million to HBCU in Mississippi

Netflix's Reed Hastings and Wife Patty Quillin Donate $10 Million to HBCU in Mississippi

Netflix co-CEO Reed Hastings and his wife, Patty Quillin, an independent film producer, are personally donating $10 million to Tougaloo College, a historically Black college and university in Mississippi, and the school's partnership with Brown University.Of the total, $5 million will fund scholarships at Tougaloo, in Jackson, Miss., and $5 million will establish the Brown-Tougaloo Partnership Scholarship Fund at Brown, which is located in Providence, R.I. The gift is the largest ever to the Brown-Tougaloo Partnership, which began in 1964...

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