Ray Dolby, founder of one of the most popular companies in audio technology – Dolby Laboratories, passed away on September 12th, 2013. Ray Dolby founded the Dolby Labs(as it is shortly called) in the year 1965 in Great Britain. After eleven years, Ray moved the company to United States.
Ray Dolby died in his home at San Francisco. Ray was diagnosed with acute leukemia earlier this year. Prior to that, he had been suffering from Alzheimer’s disease for several years.
Ray Dolby’s Dolby labs is one of the pioneers of the audio industry for its noise reduction technologies and audio encoding/compression algorithms. Ray was described as a “true visionary” by Kevin Yeaman who is the current President of Dolby Labs. The work of Dolby in surround sound is still widely used across movies, music and entertainment in places ranging from theaters to a handheld smart device. Dolby holds around 50 patents related to audio technology and he has been awarded two Oscards, a Grammy and several Emmys for his life’s work.
Ray’s dedication to audio earned him a lot of rewards in the form of money and recognition. According to Forbes, Roy’s total assests were valued at USD $2.3 billion. Roy has his wife Dagmar and two sons – Tom and David.