Alex Bouzari Net Worth 2026: DDN Co-Founder, $2 Billion

Alex Bouzari is a billionaire, according to Forbes. In August 2026 Forbes reported that the co-founder and CEO of data storage company DDN (DataDirect Networks) owns a stake of about 40% that is worth roughly $2 billion, based on the $5 billion valuation set when Blackstone invested $300 million in January 2025. The reason is the AI boom: DDN's storage systems feed data to Nvidia-powered supercomputers, and Forbes said the company's revenue was on track to reach $1 billion in 2026.

What is Alex Bouzari's net worth?

Forbes puts it at about $2 billion (reported August 6, 2026). That figure reflects his roughly 40% share of DDN, which he and co-founder Paul Bloch hold in equal parts. The previous version of this page stated $2 billion in its first line but $40 million elsewhere, with no source for either; the Forbes figure replaces both.

Because DDN is private, the value of his stake depends on the price investors pay. Bouzari told Bloomberg in June 2026 that DDN planned to raise more money by the end of the year and wanted investors who would better reflect the value it creates, so the next round could move the figure in either direction.

Alex Bouzari's yearly earnings, monthly income and salary

The old page listed a yearly income of $875,000, or about $73,000 a month. There is no source for those numbers, and they have been removed. DDN is private and does not publish executive pay. His wealth comes from his ownership of the company, not from salary.

Where the money comes from: DDN

Bouzari and Bloch founded DDN in 1998. Based in Chatsworth, California, it built storage for the world's fastest supercomputers at research labs such as NASA, Forbes reported. Its technology uses fast drives plus software that splits huge files across thousands of drives at once, so processors are not left waiting for data.

For most of its history DDN was a niche, largely self-funded business of about $300 million in yearly revenue. That changed after Nvidia started building its own AI supercomputers in 2016. Nvidia vice president Marc Hamilton told Forbes that storage failed on the day they switched one on, and DDN fixed the problem; the two have worked together ever since.

Customers named in the reporting include Elon Musk's xAI, national governments building their own AI supercomputers, Google, Salesforce and CoreWeave. DDN's pitch is that expensive GPU servers often sit idle waiting for data, and its software keeps them busy.

The Blackstone deal

In January 2025 Blackstone bought a $300 million stake that valued DDN at $5 billion. Bouzari told DatacenterDynamics that DDN had turned down other offers because the profitable company "does not need the money," but chose Blackstone for its reach into enterprises and its data center investments. He said DDN could go public but that many large companies now stay private, and recalled Nvidia CEO Jensen Huang advising him not to list.

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Recent changes (2025–2026)

• January 2025: Blackstone invests $300 million at a $5 billion valuation.
• September 2025: tells DatacenterDynamics that DDN is weighing an IPO.
• June 2026: tells Bloomberg DDN wants to raise new funding by year-end.
• August 2026: Forbes reports he is a billionaire as DDN's sales head toward $1 billion.

Forbes also noted the competition: Vast Data was valued at $30 billion after a $1 billion raise in April 2026, and larger storage vendors are chasing the same AI customers.

Early life and personal life

Forbes describes Bouzari as a 65-year-old French-Iranian émigré who divides his time between a 19th-century apartment in Paris near the Arc de Triomphe and a home in Las Vegas decorated in Art Deco style. He is known for designing his own flamboyant clothes, including Regency-style suits and crocodile-skin shoes, and much of the furniture in his homes.

The old page described a village childhood, choir singing, a swim team and a planned music album. None of that appears in any reliable source and it has been removed.

Alex Bouzari's wife

The old page named a wife, but we found no reliable source confirming her name, so it has been removed.

Education

The earlier claim that he graduated from Stanford's engineering school could not be confirmed and has been removed. DatacenterDynamics describes Bouzari and Bloch as coming from the supercomputing world.

Age, height and weight

Forbes gave his age as 65 in August 2026, so the old figure of 50 was wrong. His height and weight have not been published and have been removed.

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How the figure was reached

Forbes applied his roughly 40% stake to DDN's last known valuation of $5 billion. That is a paper value: it is not cash, it depends on a private-market price set in early 2025, and it may change with the next funding round or an IPO. Forbes' estimate is the only reputable figure published.