Jason Ballard Icon Net Worth: A Look at the Worth of the Co-Founder and CEO of ICON!

By Toni Volker On Oct 13, 2023

Jason Ballard, the co-founder and CEO of ICON, is at the helm of a company that pioneers cutting-edge construction technologies, utilizing 3D printing robotics, advanced materials, and software.

ICON’s mission is to create 3D-printed homes, not only for underserved communities in developing nations but also with an eye towards the future of human habitation both on Earth and beyond.

With a staggering valuation of $2 billion, ICON has garnered substantial support from major investors including Norwest Venture Partners, Oakhouse Partners, Vulcan Capital, D.R. Horton, and others.

Now, let’s delve into Jason Ballard’s financial standing. What exactly is his net worth as the leader of one of the most groundbreaking and transformative companies in the construction sector? In this article, we’ll explore this question by exploring his background, career, accomplishments, and sources of income.

Jason Ballard’s Background and Career

Born in 1979 in Austin, Texas, Jason Ballard grew up surrounded by technology and engineering, sparking his interest in innovation and sustainability. He earned a degree in Environmental Science from Texas A&M University in 2006.

Following his education, Ballard worked as a consultant for environmentally-friendly building projects and managed various construction endeavors. He was also a co-founder of TreeHouse, a home improvement store specializing in eco-conscious products and services.

In 2017, alongside Alex Le Roux and Evan Loomis, Jason Ballard established ICON. Their goal was to utilize 3D printing technology to craft affordable and durable housing for those in need.

In 2018, ICON introduced the world’s first officially approved 3D-printed home in Austin, Texas, through a collaboration with the non-profit organization New Story. Since then, ICON has successfully 3D-printed over 100 homes and structures in both the United States and Mexico, a milestone surpassing any other construction technology company.

Additionally, ICON has been advancing its technology for space exploration and habitation. In 2019, they secured a contract from NASA to design a Moon habitat using lunar soil. In 2020, in partnership with BIG-Bjarke Ingels Group and SEArch+, ICON launched Project Olympus, an ambitious initiative aimed at constructing a sustainable lunar city using 3D printing.

Jason Ballard’s Net Worth

Jason Ballard’s private nature makes it challenging to pinpoint his exact wealth. Online speculations estimate his net worth to range between $500,000 and $1 million. However, considering ICON’s rapid growth and valuation, along with Jason Ballard’s ownership in the company, his actual net worth might be substantially greater.

Sources of Income for Jason Ballard

As the co-founder and CEO of ICON, Jason Ballard probably earns a competitive salary based on his position and duties. In Austin, Texas, the average CEO salary is around $161,000 per year, though this can vary based on the company’s size, revenue, and profitability.

Additionally, as a co-founder and CEO, Ballard likely holds a substantial portion of ICON’s shares. According to PitchBook, ICON has secured a total funding of $207 million over eight rounds.

The most recent round, a later stage VC round in January 2023, valued the company at $2 billion. Assuming Ballard owns 10% of the company (a conservative estimate), his ownership would be valued at $200 million.

Jason Ballard Net Worth

Apart from ICON, Ballard may also have income from his past or current ventures. He co-founded TreeHouse, a sustainable home improvement retailer, and served as its CEO until 2017.

According to Crunchbase, TreeHouse raised $23 million in total funding over four rounds. The last round, a debt financing round in June 2017, valued the company at $50 million. Assuming Ballard owns 10% of the company (again, a conservative estimate), his ownership would be valued at $5 million.

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Is Jason Ballard Married?

Jason Ballard is married to Jennifer Ballard. Jennifer is an entrepreneur and co-founder of TreeHouse, a home improvement retailer specializing in eco-friendly products and services.

She has a background in education and social work, having graduated from Texas A&M University with a degree in Interdisciplinary Studies in 2006. Jennifer worked as a teacher and counselor for various schools and organizations.

Additionally, she co-founded The Refuge, a non-profit dedicated to providing long-term care for survivors of child sex trafficking.

The couple has four children – two boys named Judah and Zion, and two girls named Eden and Selah. They reside in Austin, Texas, where they cherish spending quality time with their family and friends. They share a passion for traveling, hiking, camping, and discovering new places together.

Conclusion

Jason Ballard, an innovative entrepreneur, is transforming the construction sector through his cutting-edge 3D printing technology. He serves as the co-founder and CEO of ICON, a company dedicated to constructing 3D-printed homes for communities in less developed regions, as well as for the future of humanity both on Earth and in space.

While Jason Ballard’s estimated net worth falls between $500,000 and $1 million, it may well be significantly higher considering the remarkable success and valuation of ICON. And if you’re interested in learning about other famous people, too, you can bookmark our website and come back later.