Ray Milton Dolby, OBE (January 18, 1933 – September 12, 2013) was an American engineer and inventor of the noise reduction system known as Dolby NR. He helped develop the video tape recorder while at Ampex. He was the founder of Dolby Laboratories. He was also a billionaire and a member of the Forbes 400 with an estimated net worth of US$2.9 billion in 2008 although as of September 2012 it was estimated to have declined to $2.4 billion.
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Ray Milton Dolby, OBE (January 18, 1933 – September 12, 2013) was an American engineer and inventor of the noise reduction system known as Dolby NR. He helped develop the video tape recorder while at Ampex. He was the founder of Dolby Laboratories. He was also a billionaire and a member of the Forbes 400 with an estimated net worth of US$2.9 billion in 2008 although as of September 2012 it was estimated to have declined to $2.4 billion.