Pierre Omidyar
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Early Life and Education
Pierre Morad Omidyar was born on June 21, 1967, in Paris, France, to Iranian parents. His father, a surgeon, moved the family to the United States to pursue professional opportunities. Omidyar spent his formative years in Virginia, attending The Potomac School in McLean before graduating from St. Andrew’s Episcopal School in Potomac, Maryland. He studied at the University of California, Berkeley, and later earned a degree in computer science from Tufts University in Medford/Somerville, Massachusetts.
Quick Facts
- Birth Date
- 21 Jun, 1968
- Age
- 51 yrs
- Citizenship
- United States of America
Show all facts
- Birth Place
- Paris
- residence
- Honolulu
- Education
- Tufts University
- Gender
- Male
- Description
- EBay founder, American entrepreneur and philanthropist
- Net Worth 2021
- 24.7 billion
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Selected for this profileFounding eBay
Omidyar began developing the code for an online auction site in 1995, at the age of twenty-eight. Originally launched as "AuctionWeb," the platform quickly gained traction. The first item successfully sold on the site was a broken laser pointer, purchased by a collector. The unexpected interest in such a seemingly worthless item revealed the vast potential of online peer-to-peer commerce.
eBay’s Growth and Impact
By 1996, Omidyar’s auction site had facilitated over 250,000 auctions. This number grew rapidly, and by mid-1997, eBay was hosting approximately 800,000 auctions each day. The platform revolutionized e-commerce by providing a global marketplace for individuals and businesses to connect directly. Today, eBay remains a major player in online retail, a testament to Omidyar’s pioneering vision.
Net Worth and Recognition
In 2018, Forbes estimated Pierre Omidyar’s net worth at over $10 billion, largely due to his success with eBay. He has long been recognized as one of the most influential entrepreneurs in the technology sector, contributing significantly to the evolution of online commerce.
Philanthropy and the Omidyar Network
Beyond his business achievements, Omidyar is also a prominent philanthropist. He co-founded the Omidyar Network, an investment firm and philanthropic foundation that supports initiatives promoting economic and social change. Since its inception, the organization has committed nearly $1 billion to causes related to education, financial inclusion, governance, and digital identity.
Personal Life
Pierre Omidyar is married to Pamela Wesley, and they have three children. The family resides primarily in Henderson, Nevada, and also owns a home in Honolulu, Hawaii. Despite his wealth and public stature, Omidyar maintains a relatively low profile, focusing much of his effort on philanthropic endeavors and advocacy in areas such as press freedom and government accountability.