What is Camp famous for? Biography
Garrett Camp is a Software developer, investor, and businessman from Canada. He co-founded Uber and contributed to the development of the search engine StumbleUpon.
When was Camp born? – Age
The Former CEO of StumbleUpon is 45 years old as of 4 October 2023. He was born in 1978 in Calgary, Canada.
Camp Family
Camp grew up in Calgary, Alberta, Canada, where he was born. His mother was an artist and his father was an economist; they both went on to become home builders.
Where did Camp go to School? – Education
He received his electrical engineering bachelor’s degree from the University of Calgary in 2001. Later on, he graduated with a master’s degree in software engineering, concentrating on information retrieval, evolutionary methods, and collaborative systems.
Camp Partner
Camp and his partner Eliza Nguyen.
How much does Camp own of Uber? – How did Camp make his money?
With an estimated net worth of US$5.3 billion in 2015, Camp ranked third among Canadians and 283rd in the world’s richest people, according to Forbes. Based on the Bloomberg Billionaires Index as of February 2024, Camp is the fifteenth richest Canadian with a net worth of US$6.18 billion. 2017 saw Camp sign The Giving Pledge, a pledge to donate half of his fortune to charitable causes.
Where does Camp live? House
It’s thought that Camp’s $72.5 million purchase of a Beverly Hills property is the neighborhood’s largest-ever home transaction. It wasn’t even the most premium real estate transaction in Los Angeles that was announced this week. According to the Los Angeles Times, a 56,500-square-foot chateau in Holmby Hills that was formerly owned by television mogul Aaron Spelling sold for $120 million, the highest price for a property in Los Angeles County history.
The astounding sales of mega-mansions coincide with a major surge in homelessness, mounting concerns about the housing problem, and growing inequality in Los Angeles, which has sparked a heated discussion over who should profit from the city’s expanding economy. The Manor, a 4.7-acre property in Holmby Hills, is regarded as the biggest single-family mansion in Los Angeles. It was constructed in 1991 for television producer Aaron Spelling, and as of this writing, it contains 123 rooms, per the LA Times’ as-yet-unreleased report on the sale. According to the article, this marks the fourth sale in LA history of $100 million or more.
Only a few weeks had passed since Uber’s IPO, which greatly enriched the company’s affluent founders and investors, when Camp bought the Beverly Hills property. With an estimated net worth of $4.2 billion, Camp is a Canadian entrepreneur who already owns a collection of opulent homes in Manhattan, San Francisco, and Los Angeles. The acquisition of Camp has infuriated campaigners and drivers who have long been opposing Uber’s labor policies and calling for improved working conditions.
Camp Uber
Camp and Travis Kalanick co-founded UberCab, a car-hire startup that subsequently changed its name to Uber Technologies (UBER) but is still referred to as Uber globally, in the beginning of 2009. While Camp joined the board of directors and held the position of chair for a number of years, Kalanick was appointed CEO.
Midway through 2010, the service was introduced in the San Francisco region and then progressively spread to additional American cities as well as foreign locales. In 2012, it introduced three new service variants: UberX, Uber SUV, and UberTAXI. In an effort to lower the price of taxi rides, Camp introduced a ride-sharing service in the beginning of 2013.
Uber, which was once the world’s most valuable private firm, went public on May 9, 2019. It is renowned for being the company that transformed the car-livery sector worldwide, despite its rough history. In 2017, Travis Kalanick was compelled to step down as CEO following revelations about the hostile work environment and culture at Uber. Camp declared at the end of March 2020 that he was leaving the board. Earlier that year, he had donated or sold one-third of his company’s equity.
What companies does Camp own?
Expa was founded by Camp in May 2013. Expa is a global network of entrepreneurs that facilitates the establishment of businesses and companies through peer support. Since its founding, Expa has raised more than $1 billion in capital for more than 30 projects that it has either successfully launched or invested in. For new and emerging businesses, the Expa Studio branch offers workspaces, operational support, and technical guidance.
A new attempt at an internet search engine, akin to StumbleUpon, was made by Camp in October 2015. He started Mix.com, a website that allows visitors to “discover the most compelling content” available online. The user’s PC or mobile device receives internet information that is combined with suggestions from friends and subject matter experts based on their interests. 2018 saw the migration of registered accounts from the now-defunct StumbleUpon to Mix.
Eco is one of Camp’s other Expa projects. When he first announced Eco in 2018, he had in mind a brand-new cryptocurrency. However, by 2019, the idea—which is now a collaboration with Beam.io—had evolved into a more all-encompassing financial platform, an app for receiving, spending, and saving money with high yields (2.5%) on balances and cash-back incentives.