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$2.8 billion
- A returnee to the Forbes list of 400 wealthiest Americans, after falling off it in 2019, Niraj Shah, the CEO of online home goods retailer Wayfair is ranked 299 in the 2020 edition of the list. He is currently worth $2.8 billion.
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Apr 4, 2022 · PROFILE. Niraj Shah. $1.6B. 2022 Billionaires Net Worth. as of 4/4/22. Photo by Suzanne Kreiter/The Boston Globe/Getty Images. From the Editor. Niraj Shah is cofounder and CEO of online home...
- Younger Years
- Building Wayfair
- Conspiracy Theory: Child Sex Trafficking
- Success Throughout The Pandemic
Shah’s parents immigrated to the U.S. from India, and he was raised in Pittsfield, Massachusetts. His family shaped his views on entrepreneurship from a young age. As a child, his business ventures included lawn-mowing and paper delivery. He met his future Wayfair co-founder, Steve Conine, while the pair were still in high school. They attended a p...
Wayfair began in 2002, in the spare bedroom of Steve Conine’s house. Originally known as CSN Stores, the pair bought the domain name “racksandstands.com”, which sold only entertainment furniture. By December 2002, the company made $250,000 in sales. They started to buy up other niche domain names, including simplydogbeds.com, justshagrugs.com, and ...
Wayfair made headlines in summer of 2020 after a Reddit conspiracy theory went viral. The post alleged that high-priced furniture items on Wayfair’s online retailer marketplace were the proof of a child sex trafficking operation. Social media users claimed that, due to high prices and items labeled with women’s names, Wayfair was selling people in ...
Once upon a time, people questioned whether or not home furnishings would have a place in e-commerce. Wayfair proved that the business model could succeed, and this past year’s pandemic proved just how necessary it would be. Diginomicanoted that at the start of March 2020, Wayfair’s revenue growth was at about 20% year-on-year. By the end of March,...
Shah was a director of the Federal Reserve Bank of Boston from 2017 to 2019. [2][6] In May 2017, Wayfair's share price rose above $70 per share, making Shah and his co-founder Steve Conine both billionaires. As of April 2022, his estimated net worth was $1.6 billion. [7]
Apr 1, 2015 · What is Niraj Shah's net worth? The estimated net worth of Niraj Shah is at least $11.05 million as of July 8th, 2024. Shah owns 209,137 shares of Wayfair stock worth more than $11,046,616 as of July 10th.
- (617) 532-6100
- CEO, Wayfair
- ir@wayfair.com
- The estimated net worth of Niraj Shah is at least $19.26 million as of October 9th, 2023. Shah owns 299,137 shares of Wayfair stock worth more than...
- Shah is currently 49 years old. There are 5 older executives and no younger executives at Wayfair. The oldest executive at Wayfair is Dr. Thomas Ne...
- As the CEO of Wayfair Inc., Shah earns $751,220.00 per year. The highest earning executive at Wayfair is Ms. Kate Gulliver, CFO & Chief Administrat...
- The corporate mailing address for Shah and other Wayfair executives is 4 COPLEY PLACE 7TH FLOOR, BOSTON MA, 02116. Wayfair can also be reached via...
- Within the last three months, Niraj Shah has sold $534,200.00 in shares of Wayfair stock. Most recently, Niraj Shah sold 10,000 shares of the busin...
- Wayfair's insider roster includes Jon Blotner (Insider), Michael Choe (Director), Steven Conine (Insider), Michael Fleisher (CFO), Kate Gulliver (C...
- During the last twelve months, insiders at the sold shares 47 times. They sold a total of 284,391 shares worth more than $15,393,458.88. The most r...
- He Was in Fortune’s 40 under 40. In the 2013 “40 under 40” list from Fortune magazine, Niraj Shah was listed 32nd. The magazine cited his rapidly-rising share prices, and the billion-dollar business that he built from scratch.
- He Became a Billionaire in 2017. Wayfair’s shares increased to the point that he and co-founder Steve Conine walked away with $2.74 billion dollars in combined net worth.
- His Wife is an Entrepreneur Too. Jill Shah founded Jill’s List in 2010. She designed the website to provide a place for unbiased, accurate reviews of alternative medicine practitioners.
- He Hires for Traits. Niraj Shah has a hiring method that is not widely used in the corporate world. Rather than relying on a person’s resume or experience, he looks at their skills and who they are as a person.
Jul 20, 2023 · Within its first year, Wayfair’s revenue exceeded $600 million and became a household name. In the past year, the company generated $9.5 billion in net revenue. While Shah remains at the head of...
Sep 20, 2020 · A returnee to the Forbes list of 400 wealthiest Americans, after falling off it in 2019, Niraj Shah, the CEO of online home goods retailer Wayfair is ranked 299 in the 2020 edition of the list. He...
