Reed Hastings

Reed Hastings is an American technology entrepreneur and education philanthropist from California, born in 1960. He is identified as a Netflix co-founder, and his estimated net worth is ~$6.3 billion Wikidata NewsAPI.

Business & SEC Activity

Hastings built his wealth through Netflix, a prepackaged-software and technology company listed in SEC records as Netflix Inc. SEC EDGAR. SEC records also associate him with Facebook Inc. and show 858 filings, including 856 insider filings. Form 4 filings generally report transactions by company insiders, while Form 144 filings notify regulators of proposed sales of restricted or control securities SEC EDGAR.

Philanthropy

Three Hastings foundations reported $41.4 million in combined assets and $3.84 million in grants paid for tax year 2023 ProPublica 990. The Hastings Foundation in California reported $2.01 million in grants, the Pennsylvania Hastings Foundation Tr reported $1.53 million, and Hastings Foundation Inc. in Connecticut reported $298,458 ProPublica 990. Hastings is also listed as a Giving Pledge signatory Giving Pledge.

Political Activity

Hastings has at least 100 federal contributions; the figures below cover only the most recent 100 records sampled, not his full contribution history FEC. Those sampled records totaled $18.91 million, including $698,500 categorized as Democratic and $18.22 million categorized as PAC/Other; the sample's largest listed recipients were Republican Accountability PAC at $6.91 million and SMP at $5.99 million FEC.

In the News

A Fortune article dated August 18, 2026, reported that Hastings said companies are not families and connected that view to Netflix's 2001 layoffs, when roughly one-third of its workforce was cut NewsAPI. A Forbes article dated August 3, 2026, described Hastings discussing emotional skills and an EQ exercise for teams, while a June 24, 2026, Yahoo Finance headline discussed Netflix's decline since he said he was leaving GDELT.