Mark Stevens (venture capitalist)
American venture capitalist; former Sequoia Capital partner; NVIDIA director
| Mark Stevens
| |
|---|---|
| Born | 17 February 1960 (Forbes) |
| Nationality | American |
| Residence | Steamboat Springs, Colorado (Forbes) |
| Occupation | Venture capitalist |
| Known for | Sequoia Capital partner (1993–2011); S-Cubed Capital; NVIDIA board |
| Education | University of Southern California (BSEE, BA, MS); Harvard Business School (MBA) (NVIDIA) |
Mark Stevens (born 17 February 1960) is an American venture capitalist. He was a managing partner of Sequoia Capital from 1993 to 2011 and has run S-Cubed Capital, a family office investment firm, since 2012.[1][2] He is a director of NVIDIA and, according to Forbes, a minority owner of the Golden State Warriors.[1][2] On 12 November 2026 the Forbes Real-Time Billionaires list ranked Stevens 358th in the world, with an estimated net worth of US$10.0 billion; Forbes lists the source of wealth as venture capital.[2][3] In the annual World's Billionaires list published in 2026, Forbes had ranked Stevens 304th, at US$10.6 billion.[4]
Early life and education
Forbes says Stevens's first job, at 16, was as a cook at a Jack in the Box restaurant in Culver City, California, and that he paid for most of his undergraduate degree at the University of Southern California (USC) with merit scholarships and savings from work.[2] NVIDIA's board biography lists a BSEE, a BA in economics and an MS in computer engineering from USC, and an MBA from Harvard Business School.[1]
Sequoia Capital and S-Cubed
Before venture capital, Stevens held technical sales and marketing posts at Intel and worked on the technical staff of Hughes Aircraft.[1][2] Forbes says he joined Sequoia in 1989 and spent about two decades there, during which the firm invested in Google, PayPal and LinkedIn.[2] NVIDIA says he was an associate at Sequoia for four years before serving as a managing partner from 1993 to 2011.[1] Since 2012 he has been managing partner of S-Cubed Capital, which NVIDIA describes as a private family office investment firm.[1]
NVIDIA
Stevens first served on NVIDIA's board from 1993 to 2006 and rejoined it in 2008. He sits on its compensation committee and its nominating and corporate governance committee.[1] Forbes describes NVIDIA as a fabless semiconductor company.[2]
Golden State Warriors
Forbes says Stevens owns a minority stake in the Golden State Warriors.[2] On 6 June 2019 the NBA and the Warriors announced that he was banned from NBA games and Warriors team activities for a year and fined US$500,000. The penalty was for pushing the Toronto Raptors' Kyle Lowry and directing obscene language at him during Game 3 of the NBA Finals the night before. The ban ran through the 2019–20 season, including the play-offs.[5]
Philanthropy
In March 2015 Stevens and his wife, Mary, gave USC US$50 million to endow and name the USC Mark and Mary Stevens Neuroimaging and Informatics Institute, which studies conditions including Alzheimer's disease, schizophrenia and traumatic brain injury.[6] USC said the couple had earlier made naming gifts for the USC Stevens Center for Innovation and the Stevens Academic Center for student-athletes.[6] NVIDIA's biography says he is a USC trustee and chairs the university's investment committee.[1]
Political activity
Itemised FEC records for the 2022–2026 cycles were matched to him only where NVIDIA, S-Cubed or Sequoia is given as employer. Many records under the same name list a law firm in Saratoga, California, as employer and are excluded as another person. The matched records are summarised below as filed.[7]
The single non-memo record retrieved for the 2022–2026 cycles is for US$5,000 (a lower bound), to NVIDIA CORPORATION EMPLOYEES FEDERAL POLITICAL ACTION COMMITTEE (NVPAC) (US$5,000), as named in the filing.[7]
| Cycle | Total (US$, lower bound) | Records | Largest recipient committees (as filed with the FEC) |
|---|---|---|---|
| 2026 | $5,000 | 1 | NVIDIA CORPORATION EMPLOYEES FEDERAL POLITICAL ACTION COMMITTEE (NVPAC) ($5,000) |
Wealth history
Forbes has included this entry in its annual World's Billionaires list in 15 of the editions from 2001 to 2026 checked for this profile, starting with 2012. The table gives the rank and estimated net worth in each annual list, and, where applicable, the rank and estimate in the Forbes 400 list of the richest Americans.[4][2]
| Year | World's Billionaires rank | Net worth (US$ bn) | Forbes 400 rank | Forbes 400 net worth (US$ bn) |
|---|---|---|---|---|
| 2011 | – | – | 375 | 1.1 |
| 2012 | 1015 | 1.2 | 360 | 1.2 |
| 2013 | 1107 | 1.3 | 382 | 1.4 |
| 2014 | 1154 | 1.5 | 383 | 1.6 |
| 2015 | 1118 | 1.7 | 375 | 1.8 |
| 2016 | 1011 | 1.8 | 361 | 1.9 |
| 2017 | 973 | 2.1 | 350 | 2.3 |
| 2018 | 965 | 2.5 | 302 | 2.7 |
| 2019 | 962 | 2.4 | 319 | 2.7 |
| 2020 | 836 | 2.5 | 268 | 3.1 |
| 2021 | 807 | 3.7 | 224 | 4.8 |
| 2022 | 637 | 4.5 | 296 | 3.8 |
| 2023 | 721 | 3.9 | 201 | 5.5 |
| 2024 | 424 | 6.5 | 137 | 8.3 |
| 2025 | 382 | 8.0 | 114 | 10.5 |
| 2026 | 304 | 10.6 | 120 | 11.8 |
International and political links
This section uses the same ten headings for every profile in this series. Only specific, sourced actions are included; company-level and foundation-level actions are labelled as such. Where nothing was found, the entry reads "No documented involvement found in sources checked."
Israel (investments, operations, donations, contracts, statements)
No documented involvement found in sources checked.
Zionist or pro-Israel organisations and lobbying groups
No documented involvement found in sources checked.
Jewish communal charities
No documented involvement found in sources checked.
Gulf states
No documented involvement found in sources checked.
China
No documented involvement found in sources checked.
Russia
No documented involvement found in sources checked.
India
No documented involvement found in sources checked.
Palestinian or Arab causes
No documented involvement found in sources checked.
Home government
No documented involvement found in sources checked.
Other international links
No documented involvement found in sources checked.
Notes
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 NVIDIA, Mark A. Stevens: Managing Partner, S-Cubed Capital (board of directors biography) NVIDIA, undated, read 12 November 2026, accessed 12 November 2026.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 Forbes, Forbes profile record for Mark Stevens (Forbes data feed behind forbes.com/profile/mark-stevens/) Forbes, live record, read 12 November 2026, accessed 12 November 2026.
- ↑ Forbes, Forbes Real-Time Billionaires data feed Forbes, live; downloaded 12 November 2026 09:42 UTC, accessed 12 November 2026.
- ↑ 4.0 4.1 Forbes, Forbes World's Billionaires list data feed, annual editions 2001–2026 (one file per year at this path with the year substituted; all 26 files downloaded and read) Forbes, annual lists; downloaded 20 October 2026, accessed 12 November 2026.
- ↑ NBA Communications, Warriors investor Mark Stevens banned one year and fined $500,000 NBA.com, 6 June 2019, accessed 12 November 2026.
- ↑ 6.0 6.1 Keck School of Medicine of USC, $50 million gift names the USC Mark and Mary Stevens Neuroimaging and Informatics Institute Keck School of Medicine of USC, 25 March 2015, accessed 12 November 2026.
- ↑ 7.0 7.1 U.S. Federal Election Commission, OpenFEC Schedule A (itemised individual contributions) query, contributor name "STEVENS, MARK"; 2026 cycle shown in link, the 2022, 2024 and 2026 cycles were queried together with the same parameters; top 100 records by amount; records filtered by employer/occupation and name, memo entries excluded U.S. Federal Election Commission, data as filed; queried 12 November 2026, accessed 12 November 2026.