Introduction
Dara Khosrowshahi, the CEO of Uber Technologies Inc., is a prominent figure in the tech industry. Born in Iran and raised in the United States, Khosrowshahi has made a name for himself through his leadership roles in various companies. As of 2024, his net worth is a topic of interest for many, given his position at the helm of one of the world’s most valuable tech companies.
Attribute | Detail |
---|---|
Estimated Net Worth: | $200 million |
Age: | 55 |
Born: | May 28, 1969 |
Country of Origin: | Iran |
Source of Wealth: | Business Executive |
Early Life and Education
Dara Khosrowshahi was born in Tehran, Iran, but his family moved to the United States following the Iranian Revolution in 1978. He attended the Hackley School in New York before enrolling at Brown University, where he earned a degree in electrical engineering.
Career Beginnings
After graduating from Brown, Khosrowshahi joined Allen & Company, an investment bank, where he worked for several years. He then moved to IAC/InterActiveCorp, a media and internet company, where he served in various executive roles.
Expedia
In 2005, Khosrowshahi was appointed CEO of Expedia, an online travel company owned by IAC. Under his leadership, Expedia grew into one of the world’s largest online travel companies.
Uber
In 2017, Khosrowshahi was named CEO of Uber, succeeding founder Travis Kalanick. His appointment came at a time when Uber was facing numerous challenges, including legal issues, a toxic corporate culture, and declining market share.
Challenges and Successes at Uber
Since taking over as CEO, Khosrowshahi has worked to address Uber’s issues and improve its reputation. He has implemented changes to the company’s culture, settled legal disputes, and focused on sustainable growth. Despite these efforts, Uber has continued to face challenges, including regulatory hurdles and competition from other ride-sharing companies.
Net Worth
As of 2024, Khosrowshahi’s net worth is estimated to be around $200 million. This wealth comes primarily from his salary and bonuses as CEO of Uber, as well as his stock options in the company.
Salary and Bonuses
Khosrowshahi’s base salary at Uber is $1 million, but he also receives substantial bonuses based on the company’s performance. In 2018, for example, he received a bonus of $2 million.
Stock Options
In addition to his salary and bonuses, Khosrowshahi has a significant amount of stock options in Uber. These options, which give him the right to buy Uber shares at a predetermined price, have the potential to significantly increase his wealth if Uber’s stock price rises.
Personal Life
Khosrowshahi is married and has two children. He is known for his philanthropy, having donated millions of dollars to various causes, including education and refugee assistance.
Conclusion
Dara Khosrowshahi’s net worth of $200 million as of 2024 reflects his successful career in the tech industry. From his early days at Allen & Company and IAC to his current role as CEO of Uber, Khosrowshahi has demonstrated a knack for leadership and a deep understanding of the tech industry. Despite the challenges he has faced at Uber, he has managed to maintain his wealth and continue to build on his success.
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