What is Ralph Baer's Net Worth?

Ralph Baer was a German-American video game developed, engineer, and inventor who had a net worth of $5 million. Ralph Baer was born in Rodalben, Palatinate, Germany in March 1922 and passed away in December 2014. Baer is known as "The Father of Video Games" and made many contributions to the video game industry. Ralph's family fled to America before World War II. He served in the American war effort and then worked in electronics and came up with the idea to play games on a TV screen. Baer developed and patented the first home video game system the Magnavox Odyssey.

He was awarded the National Medal of Technology in 2004. He is credited for creating the first light gun and game for home TV use which was known as Shooting gallery. Baer's ideas resulted in the video game Pong. He is credited with co-developing the electronic games Simon and Super Simon. He was inducted into the National Inventors Hall of Fame in 2010 and donated all of his hardware prototypes and documents to the Smithsonian Institute in 2006. Ralph Baer passed away on December 6, 2014 at 92 years old.

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