Chamath Palihapitiya Net Worth | Celebrity Net Worth
Chamath Palihapitiya’s Equity: Chamath Palihapitiya is a Canadian Sri Lankan venture capitalist and entrepreneur with a net worth of $ 1 billion. He earned his first major fortune as CEO of Facebook. He used this Facebook money to make dozens of angel investments, some of which have become extremely valuable. Today, he is the CEO of Social Capital and a minority investor in the Golden State Warriors.
Chamath Palihapitiya was born in Sri Lanka in September 1976. He moved to Canada with his family at the age of six and then graduated in electrical engineering.
In 2004 Chamath Palihapitiya joined AOL. He eventually became the youngest vice president in the history of the company. At AOL, he supervised Instant Messenger. He joined Facebook in 2005, when the social network was just one year old.
During his stay on Facebook, Chamath used his new wealth to make small bets in other startups. Some of these investments like Palantir, Paydom (which was bought by The Walt Disney Company), Bumptop (which was bought by Google) and Pure Storage have increased in value.
In 2011 Chamath left Facebook to launch his own fund, The Social + Capital Partnership, which was eventually renamed Social Capital. Today, Social Capital manages well over $ 1 billion in assets. In 2015, Social Capital was the main investor in the financing cycle of Slack Technologies.
In 2019, Chamath was appointed to the Slack board of directors. Chamath Palihapitiya is also a board member and minority stakeholder in the NBA Golden State Warriors. He collected over $ 175,000 in the World Series of Poker and World Poker Tour and finished 101st out of 6,865 at the WSOP Main Event in 2011.