Early Life and Education

Born on June 26, 1943, in Swansea, Wales, Terry Matthews showed an early interest in technology and entrepreneurship. He attended the University of Wales, Swansea, where he earned a degree in electronics.

Career Beginnings

After completing his education, Matthews moved to Canada in the late 1960s and started his career as an engineer at Bell Northern Research (BNR), a subsidiary of Nortel Networks. It was during his time at BNR that Matthews began to develop his entrepreneurial spirit.

Entrepreneurial Ventures

In 1972, Matthews co-founded Mitel Networks Corporation, a telecommunications company that went on to become a global leader in the industry. He later founded Newbridge Networks in 1986, which was acquired by Alcatel in 2000 for $7.1 billion.

Current Ventures

Matthews is currently the chairman of Wesley Clover International, a private investment management firm that focuses on technology companies. He is also involved in several other ventures and serves on the board of directors for various organizations.

Awards and Recognition

Throughout his career, Matthews has received numerous awards and accolades for his contributions to the technology industry. In 1994, he was appointed an Officer of the Order of the British Empire (OBE) for his services to the industry.

Net Worth

As of 2024, Terry Matthews' net worth is estimated to be over $1 billion. His success as an entrepreneur and investor has allowed him to amass a considerable fortune over the years.

Personal Life

Matthews is married with three children and currently resides in Ottawa, Canada. In his free time, he enjoys playing golf and spending time with his family.

Legacy

Terry Matthews' legacy as a visionary entrepreneur and technology pioneer is well-established. His contributions to the industry have had a lasting impact on telecommunications and technology companies around the world.