We’ll uncover the net worth details and earning proportion of Chamath Palihapitiya, remarkable as a venture capitalist, engineer, and CEO of Social Capital.
First and foremost, Chamath Palihapitiya entered the billionaire world as a senior executive at Facebook in 2007. Though his parents struggled with low-paying jobs, somehow, he held a degree in electrical engineering and eventually earned substantial income to ballpark stocks. While the social media platform like Facebook didn’t count him in charts, the most unusual card game-poker held him 101st out of 6865 participants in the 42nd and 43rd Annual World Series of poker.
How did Chamath Palihapitiya mount on the ladder of a billionaire? Let’s reveal it here:
Chamath Palihapitiya Net Worth in 2021
As of 2021, Chamath Palihapitiya holds $1 billion of net worth. After graduation in electrical engineering, he instantly became the AOL group leader, the former popular chat tool. Next, he led AOL, emerging as the youngest Vice-president as he binged in new ideas, innovative skills, and user-friendly interface. The immediate success in AOL history confined him in Mayfield Group Venture Capital Fund, and then to Facebook consecutively.
Caption: As of 2021, Chamath Palihapitiya holds $1 billion of net worth| Image Source: Otaku Kart
He owned hefty rewards, bonuses, and salaries. And he invested them in those companies, which promised to pay back remunerative returns. For instance, he invested in Bumptop, Playdom, and Palantir procured by Google, Disney, and PLTR, respectively.
Palihapitiya left facebook in 2011, when he felt tremendous guilt in the social media platform that chained humans within misinformation and non-civil disclosure. The same year, he launched his own start-up ‘The Social + Capital Partnership’, later altered to Social Capital in 2015. At the moment, the company clenches billions of assets and properties.
What’s more in Chamath Palihapitiya’s billions of net worth?
After leaving Facebook, he prioritized backing up financial reinforcement among promising start-ups via Social Capital. Be that as may be; he didn’t halt investing in mafia companies like Tesla, Hinge, Wealthfront, Slack, Virgin Galactic, and Amazon. Similarly, he has a potential eye to differentiate the companies, which vows to provide him strong-headed portfolios, the next day. Thus, the Social Capital generated $1.7 billion in revenue in one year.
Caption: Isn’t Chamath Palihapitiya’s house luxurious? Image Source: Institutional Investor
Far away from Facebook chants, he resided in lavish home décor (the blend of the woodsy site and modern furnishings) with his ex-wife and three kids. The modern house also facilitated the poker room enlightened by sophisticated chandeliers and furniture. After all, he is a world-renowned poker player, who won the cash prize of $175,801 via World Series of Poker, and World Poker Tour.
Where is Chamath Palihapitiya from?
44, Chamath Palihapitiya is a native of Sri Lanka originally. When he was five, he commuted to Canada with his family. He made Canada his hometown and graduated from the Lisgar Collegiate Institute at seventeen. Then he took electrical engineering and graduated from Waterloo University.
Next, he moved to California with his then-girlfriend/ex-wife, Brigette Lau. Palihapitiya did everything in California, including his marriage, settling down, having three kids, launching his own Social Capital, and getting apart from Brigette Lau. Now, he is dwelling in same California with an Italian pharmaceutical heiress and model, Nathalie Dompe, whom he met in Italy.