Grab all the exclusive details regarding the net worth, salary, and source of income for Chamath Palihapitiya.
Imagine being born in Sri Lanka, and moving to Canada, and ending up in the United States, and achieving tremendous success despite all that in the corporate sector. The relocation process has been hectic for many but the ones who manage to burn the midnight oil never fail to come through. Chamath Palihapitiya belongs precisely to the same category as he is a renowned venture capitalist and an engineer. As of 2021, he is the chief executive officer of Social Capital, a venture capital firm in Palo Alto, California.
Looking at the resume of Chamath Palihapitiya makes the man seem even more attractive since he was a senior executive at Facebook in the past. In addition to that, the 44-year-old is also a minority stakeholder of the NBA side, Golden State Warriors. Despite not being a part of the showbiz sector, the Canadian-American has achieved celebrity status courtesy of his achievements in the corporate sector and his political comments. Go nowhere as we bring all the details you need to know regarding his net worth and income sources.
Chamath Palihapitiya's Net Worth Is Huge
Chamath Palihapitiya owns a whopping net worth of $1 billion. Photo Source: Bloomberg
Chamath Palihapitiya might look humble and calm by the exterior, but you would be totally surprised to acknowledge the fact that he is a multimillionaire by net-worth. The venture-capitalist has his name in the list of 'billionaires', which is quite prestigious, to be honest. Getting into the numbers, Chamath Palihapitiya gathers a staggering net worth of $1 billion as we enter the new year 2021. With such a colossal bank balance for the entrepreneur, he enjoys living a luxurious lifestyle around all sorts of modern amenities.
The net worth figure of Chamath Palihapitiya might look massive, but it isn't surprising considering his history working as the senior executive of Facebook. He worked at the social media site from 2007 to 2011, to start his own fund, The Social Capital Partnership, with his ex-wife. He was extremely grateful to fellow venture-capitalist Peter Thiel who believed in his project and invested in it. It was by 2015 when the Sri-Lanka born businessman disclosed that his firm gathered more than $1.1 billion in terms of total assets.
Chamath Palihapitiya is the CEO of Social Capital. Photo Source: Fortune
Chamath Palihapitiya is an ambitious personality who kept on trying new things as a profession from a young age. While he got a degree to become an electrical engineer in 1999 from the University of Waterloo, he did make a transition into working as a manager, and a venture capitalist. It was a huge shock when Steven Levy referred to the Canadian-American as a 'bully' in their workplace in his book. Furthermore, you would be surprised to know how he was a poker player in the past who participated in three World Series of Poker and two World Poker Tour.
Chamath Palihapitiya's Portfolio Investment Helped His Net Worth Grow
It is a known fact on how Chamath Palihapitiya is a billionaire by net worth, but not many acknowledge his financial sources. When he was young, he worked at AOL as their youngest vice president, which aided him to expand his income well-enough to invest it in other sectors. When he was employed at Mark Zuckerberg's Facebook, he made some big stock investments in Palantir, Pure Storage, and Playdom, which was later bought by The Walt Disney Company. Along with his own venture, Social Capital, he even invested in SecondMarket, Box, and Yammer.
Palihapitiya became a member of the board of directors of a renowned workplace chat application, Slack in 2017 until stepping down in 2019. Likewise, in 2020, the CEO of Social Capital played a pivotal role to help Virgin Galactic go public, courtesy of SPAC.
Chamath Palihapitiya is a venture capitalist, software engineer, and entrepreneur. Photo Source: Techcrunch
As a billionaire, Chamath Palihapitiya knows the right way to live a lavish life. He might be a divorcee to ex-wife Brigette Lau, with whom the Canadian-American shares four kids, but that doesn't mean that he is single right now. The 44-year-old is happily dating an Italian model and pharmaceutical heiress in Nathalie Dompe. The love birds live together in their mansion-like house in California.