Chamath Palihapitiya is a famous venture capitalist. His most significant contribution is in Silicon Valley where he has worked for most of his life. He is the current owner of the famous Golden State Warriors. Chamath also serves as a board member. Palihapitiya is best known for being the founder of FWD which is a group which focuses on significant reforms. This foundation focuses on making things easier for everyone. Read on and find out the personal life, career, awards and achievements. It will also explain into details Chamath Palihapitiya’s Net Worth in 2019.
Chamath Palihapitiya was born in 1976, 3rd September. His place of birth is Sri Lanka. When he was only six years old, Chamath moved to Canada with his parents. His father is called Gamage and when in Sri Lanka he served Sri Lankan High Commission as an official In Ottawa. They were to leave for home in 1986 but Gamage opted to apply for a refugee status, instead.
He went to Waterloo University where he graduated in 1999 with a bachelor’s degree in electrical engineering. In 2000 Chamath moved to California in the United States of America with his girlfriend.
Chamath Palihapitiya got married to co-founder and partner of Social Capital called Brigette Lau.
After graduating from Waterloo University, Chamath Palihapitiya worked with an investment bank where he served as a derivatives trader. He later became part of AOL where he worked extra hard to reach the top position and in 2004 was crowned the president of AOL messaging department. In 2005 he resigned from AOL and worked for Mayfield Fund for a few months before joining Facebook. His primary job in Facebook was to increase the number of users. He always took pride in Mark Zuckerberg, founder of Facebook for being a humble man and making excellent decisions.
Chamath Palihapitiya made several investments in many companies while he was still working with Facebook. In 2011 Chamath resigned from Facebook to start a fund, The Social+Capital Partnership. It later graduated to Social Capital in 2015. His firm was unique since it invested in the rarely invested in fields such as health, education and finance. Peter Thiel congratulated Chatham approach and creative way of thinking before investing in the firm.
Due to the uniqueness of this firm, it has caught the attention of many investors hence improving its net worth with time. In 2015, total assets amassed to over 1.1 billion dollars. In 2013, Palihapitiya founded FWD which focuses on making reforms in the neglected fields. Chatham is an active poker player who has participated many world championships where he has recorded a high level of success.
Awards & Achievements
Chatham Palihapitiya is the current owner of Golden State Warriors. He was a part of improving Facebook and making it one of the most used social media group ever. He owns his firm which deals with investment industry. Chatham Palihapitiya has founded charity organizations that have helped improve the state of his country by bringing noticeable results. All these achievements have contributed to Chatham Palihapitiya net worth.
Net Worth of Chatham Palihapitiya
Chatham Palihapitiya net worth is $1.2 billion. This amount has been amassed from his work as a software engineer for numerous companies. His other sources of income are his career as a capitalist and his own founded firm. The different occupations have each contributed to his current considerable net worth.
People love different things and make decisions that they might regret in the future. Chatham Palihapitiya has been interested in software engineering since he was a kid and despite his challenges, he worked hard to achieve this. Chatham played a significant role in Facebook development but recently criticized the negative influence on Facebook.