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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“An original is a creation
motivated by desire.
Any reproduction of an original
is motivated by necessity ...
It is marvelous that we are
the only species that creates
gratuitous forms.
To create is divine, to reproduce
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—Man Ray (18901976)