How did Assaf Rappaport go from a military cybersecurity expert to a billionaire entrepreneur? His journey through startups like Adallom and Wiz has made him a key player in cloud security.
In this article, Pennbook explores Assaf Rappaport net worth, his financial strategies, and how Wiz became a multi-billion-dollar company.
Let’s dive into the details of his wealth, income sources, and future business plans.
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 2025, Assaf Rappaport’s net worth is estimated at $1.2 billion.
His fortune primarily comes from his 10% stake in Wiz, a cloud security company valued at $12 billion. Wiz’s rapid growth and major clients like Fox, Morgan Stanley, and LVMH have played a significant role in increasing his wealth.
Compared to other cybersecurity entrepreneurs, Rappaport’s financial success is notable. While not as wealthy as some Silicon Valley tech moguls, his influence in cloud security is undeniable.
Other Notable Figures in Tech & Security:
- Roy Reznik
- Ami Luttwak
- Yinon Costica
- Bernard Arnault
- Andreessen Horowitz
- Bill Gates
- Elon Musk
- Mark Zuckerberg
- Larry Page
- Jeff Bezos
For more insights into the world’s most successful entrepreneurs, check out the top billionaires in tech.
Assaf Rappaport Wealth, Salary, and Financial Overview
How Did He Build His Wealth and Financial Success?
Rappaport’s financial success started with Adallom, a cybersecurity startup he co-founded in 2012. Microsoft later acquired the company, setting the stage for his next venture.
In 2020, he co-founded Wiz with his Adallom colleagues, Roy Reznik, Ami Luttwak, and Yinon Costica. The company quickly became a leader in cloud security, attracting major clients and investors.
His strategy focused on rapid hiring, aggressive funding rounds, and targeting high-profile corporate clients. This approach helped Wiz achieve a $12 billion valuation in just four years.
What Are His Major Sources of Income?
Rappaport’s primary source of income is his 10% stake in Wiz. The company generates revenue by providing security solutions for major cloud services like AWS and Microsoft Azure.
Wiz’s revenue exceeded $100 million in 2023, thanks to high-profile clients and strategic investments. He has also secured funding from Andreessen Horowitz, Lightspeed, and Thrive Capital, ensuring steady financial growth.
How Does He Invest and Manage His Finances?
Rappaport’s investment strategy focuses on cloud security, cybersecurity startups, and enterprise tech. He has maintained a lean financial model, prioritizing high-impact investments and strategic hiring.
He is known for backing innovative startups that align with his expertise in cybersecurity. His partnerships with top venture capital firms also give him access to lucrative business opportunities.
What Is the Financial Status of His Company, Wiz?
Wiz is one of the fastest-growing cybersecurity firms today. Its valuation reached $12 billion in May 2024, making it a major player in cloud security.
The company’s rapid expansion is driven by:
- A strong client base, including Fox, Morgan Stanley, and LVMH
- Strategic funding from major venture capital firms
- Innovative cloud security solutions that cater to large enterprises
With increasing demand for cloud security, Wiz’s revenue is expected to grow even further in the coming years.
What Are His Future Business and Financial Plans?
Looking ahead, Rappaport is focused on expanding Wiz’s global presence. With cloud security becoming a top priority for corporations, his company is expected to grow rapidly.
Potential future moves include:
- Further international expansion
- New product developments in cloud security
- Possible IPO or acquisition deals
With his strategic vision, he is likely to remain a key figure in the cybersecurity industry for years to come.
Conclusion
Assaf Rappaport’s journey from a cybersecurity expert to a billionaire entrepreneur is inspiring.
His leadership at Wiz has transformed the cloud security landscape, making him one of the most influential figures in the industry.
For more insights on tech billionaires and financial success stories, visit Pennbook. Let us know your thoughts in the comments and share this article with others interested in the world of cybersecurity and wealth!
