Web Reference: Theodore William " Ted " Waitt (born January 18, 1963) is an American billionaire businessman and philanthropist. Waitt is a co-founder of Gateway, Inc. [1] On September 5, 1985, Waitt, his brother Norm Jr., and Mike Hammond started Gateway 2000 with a $10,000 loan secured by Waitt's grandmother. Feb 27, 2026 · The hearings have also drawn attention to Ted Waitt, a former boyfriend of Maxwell. Waitt attended events connected to the Clinton Global Initiative and was reportedly close to Bill Clinton. Ted Waitt was born in Sioux City, Iowa, into a family that had been in the cattle business for four generations. After a reportedly wild period in high school (during which he failed computer science), he ended up at the University of Iowa majoring in marketing. During a trip to Des Moines with some friends he met someone who worked for the compute...
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Details: $50M - $94M
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Last Updated: April 6, 2026
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