Bill Gurley Net Worth: The VC Investor Who Made a Fortune with Uber
Bill Gurley Net Worth Stats
| Info | Details |
|---|---|
| Net worth | $8 billion |
| Source of wealth | VC investments |
| Date of birth | May 10, 1966 |
| Place of birth | Dickinson, Texas |
How did Bill Gurley build his net worth?
Bill, the venture capitalist, began his career as a member of Advanced Micro Devices’ marketing department.
Despite having a solid background in engineering and finance.
He worked in technical marketing for a while before joining the former-successful computer business Compaq as a design engineer.
Gurley began a career in investment after leaving Compaq and working as a research analyst on Wall Street for a while.
He later joined Hummer Winblad Venture Partners as a partner.
Notably, Gurley served as the principal analyst for Amazon’s 1997 initial public offering.
Benchmark is a Silicon Valley venture capital firm that Gurley started.
He has stakes in and board positions with numerous businesses, including Zillow, Vessel, Stitch Fics, Good Eggs, and many more.
When Uber was still a startup, Gurley pumped $12 million into the company’s coffers as an early investor.
But despite having a stake in the rapidly expanding Uber, things were spiraling out of control as the company’s CEO, Travis Kalanick, was drawn into one scandal after another.
Kalanick was persuaded to retire in 2017 after assembling a group of supportive investors and board members for Uber.
The following day, Gurley went with him. Gurley’s early-stage investment in Uber ultimately saw a return when it went public on the NYSE.
The principal investor of Benchmark, Gurley, decided not to participate in his company’s 10th investment fund in 2020, a decision that The Wall Street Journal described as “typical of venture capitalists toward the end of their careers.”
How has Bill Gurley spent his wealth?
Reports state that Bill Gurley is Wed to May.
Three kids were born to the couple.
The family resides in Atherton, a wealthy VC neighborhood in California.
His rather typical family house, which is unquestionably wealthy, has been the target of multiple protests from Uber drivers.
Gurley founded Second Harvest, a food bank charity, together with a number of influential Silicon Valley figures, including Sheryl Sandberg, during the COVID-19 pandemic.
Their initial investment was $5.5 million.
Bill Gurley leads a relatively private existence, and the media rarely reports on his spending patterns or wealth.
Billy Gurley Personal Stats
| Field | Data |
|---|---|
| Age | 56 |
| Notable Deal | Uber |
| Residence | Portola Valley, California |
| Citizenship | United States |
| Education | Master of Business Administration, Red McCombs School of Business; Bachelor of Arts/Science, University of Florida |
FAQs
How rich is Bill Gurley?
The estimated net worth of Bill Gurley is $8 billion.
References
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