Sandra Lerner is an American businesswoman who has a net worth of $200 million. She is the co-founder of Cisco Systems and is the former wife of Leonard Bosack. After her run with Cisco, she founded Urban Decay cosmetics and is an animal rights activist.
It has been claimed that the total estimate of the current Sandra Lerner net worth reaches 200 million dollars, which she has accumulated because of her successful career as a businesswoman. In fact, her net worth makes her one of the richest female businesspeople in the world. In addition to this, she is a philanthropist. Sandra Lerner became more known when she co-founded the company Cisco Systems.
The money which she got from its sale Sandra Lerner donated to animal support organizations and women’s writing. Although most of her business ventures are in the United States, she has one in the United Kingdom, called Chawton House. Thus, all of her projects have increased the total amount of Sandra Lerner net worth.
Sandra Lerner was born in 1955 in northern California, where she grew up on a farm. In 1975, she became a graduate of California State University, Chico, from which she earned her bachelor’s degree in political science. She continued her education at Claremont Graduate School, from which she graduated in 1977 and got her master’s degree in econometrics. In 1981, Sandra Lerner became a graduate of Stanford University, from which she earned her master’s degree in statistics and computer science.
Sandra Lerner served as the Director of Computer Facilities for the Stanford University Graduate School of Business. At about the same time, she started to get recognition when she co-founded Cisco Systems. She established it with her husband at that time, Len Bosack. In 1988, John Morgridge became the third CEO of the company. However, in 1990, Sandra Lerner was fired from the company and her husband followed her, showing her support. The couple sold their part of the company for 170 million dollars although it has made them famous and also added up to the total sum of Sandra Lerner net worth/
In the beginning of the 1990s, Sandra Lerner divorced. Sandra Lerner was left with quite a lot of stock earnings. She invested some part of it into a start-up venture capital limited partnership called “& Capital Partners”. Sandra Lerner is also interested in architecture. In fact, she built her house in Los Altos, California, which has an English rose garden as well as a 2 1/2 story glass garden tower
Moreover, Sandra Lerner is an acknowledged philanthropist. In 1992, she helped to restore Chawton House. The owner of the house was Jane Austen’s brother Edward Austen Knight. The house was opened in 2003 and it became the Centre for the Study of Early Women’s Writing. The Chawton House has its own library, which has a collection of more than 9 thousand books. Most of these books are written by women. In addition, it also has some manuscripts. The library has a contract signed with the University of Southampton, which awarded Sandra Lerner an honorary doctorate for her work.
Sandra Lerner is a writer herself. She wrote a sequel to Jane Austen’s book called “Pride and Prejudice”, called “Second Impressions”, sales of which have also increased the total size of Sandra Lerner net worth.