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How did Chamath Palihapitiya became a billionaire?

Chamath palihapitiya

The net worth of Chamath Palihapitiya:

Chamath Palihapitiya’s net worth is $1 billion. Chamath Palihapitiya was born in Sri Lanka and later shifted to Canada. He is an American venture capitalist and entrepreneur with a net worth of $1 billion. His biggest achievement was as an early executive at Facebook.

This job earned him his massive fortune. The money that he reaped from Facebook was used to make dozens of angel investor investments. Later some of those enterprises became exceptionally valuable. Currently, Chamath is the CEO of Social Capital and a contingent investor in the Golden State Warriors.

The early life of Chamath Palihapitiya:

Chamath Palihapitiya was born on 3rd September 1976 in Sri Lanka. He is married to Brigette Lau. Chamath had moved to Canada with his family at the young age of six. He later attained a degree in electrical engineering.

Chamath Palihapitiya had joined in AOL in 2004. Chamath had achieved a lot at a young age and he ultimately became the youngest Vice President in the AOL enterprise’s history. At AOL his work was to supervise the Instant Messenger app. In 2005, he joined Facebook. During that time the huge social networking site, Facebook was only a year old.

Chamath Palihapitiya’s occupation:

While working at Facebook, Chamath had utilized his newfound fortune to invest in other small startups. Some of those investments are made in Playdom, Palantir, Pure Storage and Bumptop. Playdom was later acquired by The Walt Disney Company and Bumptop was purchased by Google. These startups had soared in value.

Chamath had left Facebook in 2011 to launch his own fund called The Social+Capital Partnership. It was finally renamed as Social Capital. Currently, the Social Capital regulates well over $1 billion in assets. Social Capital in 2015 was the major investor in Slack Technologies funding round. Chamath Palihapitiya is considered a prominent business tycoon in the corporate world.

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