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
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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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Founding 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.


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Last Modified: Aug 17 2025

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