Who is CEO of Uber now? Biography
Dara Khosrowshahi, is an American business executive of Iranian descent working as an Uber’s CEO. Previously, he served as CEO of Expedia Group, which is the parent firm of multiple travel pricing aggregators. He was previously on the board of The New York Times Company and currently serves on the boards of BET.com and Hotels.com.
How old is Khosrowshahi? – Age
The Uber CEO is 55 years old as of 28 May 2024. He was born in 1969 in Tehran, Iran.
Khosrowshahi Family – Parents
Khosrowshahi was raised in a mansion on his family’s property and was born in 1969 in Iran into a well-known and prosperous family. Lili and Asghar (Gary) Khosrowshahi are the parents of three children, the youngest of whom is him. Khosrowshahi’s mother left Iran in 1978, and the family emigrated as a result of money theft. After fleeing to France, they eventually made their way to the US. In order to pay for her son’s education, Khosrowshahi’s mother worked full-time. In order to take care of his grandfather, his father traveled to Iran, but the Iranian authorities forbade him from leaving for six years.
Dara’s brother Kaveh Khosrowshahi is a managing director at Allen & Company, an investing firm. The second brother of Dara, Mehrad Khosrowshahi, is the managing partner of the boutique consulting company Confida Inc. Due to the Iranian Revolution, their uncle Hassan Khosrowshahi left Iran and is currently a billionaire. Nervana Systems was co-founded by Amir, a relative, and was purchased by Intel in 2016 for $408 million. Golnar, a different cousin, established Reservoir Media as a music publishing business in 2007. Darian Shirazi, the first intern employed by Facebook and the creator of Radius Intelligence, is also linked to the Khosrowshahis.
What degree does the CEO of Uber have? Education
He completed his education at Tarrytown’s elite Hackley School, a university-preparatory institution, in 1987. He was a member of the social fraternity Sigma Chi while attending Brown University, where he earned a B.S. in electrical and electronics engineering in 1991.
Khosrowshahi Wife – Children
Khosrowshahi’s first marriage produced two children: Chloe, a daughter, and Alex, a son. Khosrowshahi wed Sydney Shapiro, an actress and former preschool teacher, on December 12, 2012. He complimented his wife for showing up to the Las Vegas wedding wearing a Slayer t-shirt. The pair has twin sons with autism spectrum disorder (ASD), Hayes Epic and Hugo Gubrit, and Khosrowshahi has spoken as a guest speaker for Autism.
What is Khosrowshahi’s net worth? – How much does Khosrowshahi make?
The Uber CEO’s net worth is projected to be at least $170 million.
How many shares of Uber does Khosrowshahi own?
With 1,016,240 shares, Khosrowshahi ranked as Uber’s largest individual stakeholder as of November 2023. In December 2023, Uber’s largest stakeholder with 167.63 million shares was The Vanguard Group. As of November 2023, Khosrowshahi possessed 1,016,240 shares of Uber.
Khosrowshahi’s House
Early in October, Khosrowshahi sold his Seattle house for an off-market price of $3.835 million. After making a career change in 2017 to lead the ride-hailing company based in San Francisco, the 49-year-old executive no longer required a residence in the Emerald City.
home records show that Khosrowshahi paid $3 million for the Pacific Northwest home in 2010. Five years after taking over as CEO of the travel website Expedia, he made the deal. Even though the house is only a little over ten years old, its contemporary features—such as the striking moldings and wide-plank oak floors—have held up.
The expansive design makes the most of the breathtaking views. An outside eating area with a view deck is accessible through French doors. A state-of-the-art kitchen, opulent master suite, play area, and fitness center are other features. A covered entry is accessible via a guarded motor court. The elegant home is situated near Volunteer Park, stores, and eateries in the bustling and well-liked Capitol Hill district.
The CEO of Uber made a respectable profit on the sale of his Seattle home, which he could use to pay for the opulent San Francisco property he allegedly bought. Socket Site claims that Khosrowshahi paid $16.5 million in an off-market deal last year for a posh home in the upscale Pacific Heights district. The 1929 estate by the Bay has been remodeled and now has five bedrooms, 6.5 bathrooms, formal dining and living rooms, and an open concept kitchen and family room that opens to a hot tub terrace.
Along with a gym, wine room, and three-car garage, the rooftop level entertainment area features a wet bar with views of the Golden Gate bridge. It appears that Khosrowshahi has reached his intended location.
Khosrowshahi Career
In 1991, Khosrowshahi joined Allen and Company, a speculation bank, as an expert. While still a lesser worker at the firm, when Khosrowshahi’s supervisor fell debilitated one day, Khosrowshahi was subsequently entrusted with making sense of the mathematical figures of a significant organization arrangement to Barry Diller. The opportunity meeting with the tycoon from there on established a profound connection with Khosrowshahi.
In 1998, he left Allen and Company to work for Barry Diller, first at Diller’s USA Organizations, where he stood firm on the footholds of Senior VP for Key Preparation and afterward president, and later as CFO of IAC, one more organization constrained by Diller.
In 2001, IAC bought Expedia, and in August 2005, Khosrowshahi turned into Expedia’s CEO. After a decade, in 2015, Expedia gave him $90 million in investment opportunities as a feature of a drawn out business understanding, molded on him remaining with the organization until 2020. In June 2013, he got a Pacific Northwest Business visionary of the Year grant from Ernst and Youthful.
In 2016, he was quite possibly of the most generously compensated Chief in the US. During his residency as Chief of Expedia, “the gross worth of its inn and other travel appointments more than quadrupled and its pre-charge profit dramatically increased.” Under Khosrowshahi, Expedia stretched out its presence to in excess of 60 nations and obtained Travelocity, Orbitz, and HomeAway. Khosrowshahi was not considering a lifelong move, and at first when moved toward by a talent scout would not matter as Uber Chief, yet Spotify fellow benefactor Daniel Ek convinced him during their gatherings in 2017.
In August 2017, Khosrowshahi turned into the President of Uber, succeeding fellow benefactor and extremely rich person Travis Kalanick. He was at first seen as a “surprisingly strong contender” up-and-comer in the event that the underlying leaders, General Electric’s Jeff Immelt and Hewlett Packard Endeavor’s Meg Whitman, failed to work out. In any case, when Immelt flubbed his show, Immelt’s underlying allies tossed their sponsorship to Khosrowshahi. This included Kalanick, despite the fact that Khosrowshahi had clarified that under his supervision, Kalanick would play no part in Uber’s everyday tasks; as he put it in one of his slides, “there can’t be two Chiefs.” After a few halted votes, Benchmark, a funding firm that had helped lead the work to push out Kalanick, vowed to drop a claim against Kalanick assuming that it named Whitman as President. A few of the chiefs read the declaration as shakedown. One of Whitman’s allies changed his vote to Khosrowshahi, breaking the halt and making him Uber’s subsequent full-time President.
Khosrowshahi’s fundamental errand was to tidy up the picture of an organization that had become one of the most loathed in the nation, to a limited extent because of disclosures about Uber’s corporate culture. He supplanted Kalanick’s once-sacred 14 qualities, which contained such things as “super siphoned” and “forever be hustlin’,” with eight qualities zeroing in on “client fixation”. By any means of his public appearances in the wake of dominating, Khosrowshahi focused on the message, “We make the best decision. Enough said.”
In May 2019, Khosrowshahi drove Uber in its first sale of stock, which he tended to with workers in a vast letter. Uber Advances Inc revealed in 2023 that Khosrowshahi’s complete remuneration last year rose 22% to $24.3 million. Khosrowshahi is on the rundown of “Noticeable Iranian-Americans” distributed by the U.S. Virtual Consulate Iran.