Travis Kalanick Net Worth

How much is Travis Kalanick Worth?

in Richest BusinessmenCEOs
Travis Kalanick net worth:
$6.3 Billion

Travis Kalanick net worth and salary: Travis Kalanick is an American entrepreneur who has a net worth of $6.3 billion dollars. Travis Kalanick was born in Los Angeles, California. He went on to study Computer Engineering at the University of California Los Angeles. He ultimately chose to drop out so he could co-found Scour, Inc., a multimedia search engine. His group also founded Scour Exchange, a peer-to-peer file-sharing program. Multiple film boards sued Scour, Inc., and the company subsequently filed for bankruptcy. In 2001, he launched Red Swoosh, another peer-to-peer file-sharing company. Red Swoosh eventually sold to Akamai Technologies for $19 million. In 2009, he co-founded Uber, a mobile application for searching and finding ride share and person-to-person car rentals in major cities. It currently operates hundreds of cities around the world and has been copied by a number of other similar rideshare apps. Uber's success transformed Travis into one of the most important and controversial tech CEOs on the planet. In June 2014, Uber raised a massive investment round that valued the company at $18.2 billion. The investment totaled $1.6 billion worth of financing from several different parties, most notably the mutual fund Fidelity Investments. At that valuation, Travis Kalanick officially became a billionaire with an implied ownership stake of 5.55%. Today Uber is worth worth $70 billion. In June 2017, Travis Kalanick was forced to resign as CEO of Uber after a barrage of controversies that had plagued the company for over a year. Travis will remain on the board of directors and still controls the largest number of individual voting shares.

Travis Kalanick Net Worth

Travis Kalanick

Businessperson
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
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