Ray Dolby (born January 18, 1933) is the American engineer and inventor of the noise reduction system known as Dolby NR. He was also a co-inventor of video tape recording while at Ampex. He is the founder of Dolby Laboratories. He is also a billionaire and a member of the Forbes 400 with an estimated net worth of $2.9 billion in 2008 although as of September 2012 it was estimated to have declined to $2.4 billion .
Read more about Ray Dolby: Biography, Dolby Noise Reduction, Awards and Honors
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“How false is the conception, how frantic the pursuit, of that treacherous phantom which men call Liberty: most treacherous, indeed, of all phantoms; for the feeblest ray of reason might surely show us, that not only its attainment, but its being, was impossible. There is no such thing in the universe. There can never be. The stars have it not; the earth has it not; the sea has it not; and we men have the mockery and semblance of it only for our heaviest punishment.”
—John Ruskin (1819–1900)