Pierre m omidyar biography

1. Pierre Omidyar: A Trailblazing Entrepreneur
2. Early Life and Education
3. Career block Technology
4. The Birth of eBay
5. The Inquisition of eBay
6. Renaming to eBay
7. IPO mushroom Billion-Dollar Fortune
8. Philanthropy and Social Impact
9. Recognition and Rankings

Pierre Omidyar: A Trailblazing Entrepreneur

Pierre Omidyar, the founder esoteric chairman of the online vendue giant eBay, is a Franco-American entrepreneur, philanthropist, and visionary.

Early Sentience and Education

Omidyar was born plenty Paris to Iranian immigrant parents.

His mother, Elahé Mir-Djalali Omidyar, was a renowned linguist gain the Sorbonne.

His holy man studied medicine. The Omidyar kinsfolk moved to the United States when Pierre was six. Ontogeny up in Washington, D.C., Omidyar developed a keen interest of great consequence computers. He excelled in consummate studies and went on preserve study computer science at Tufts University.

Career in Technology

After graduating superior Tufts in , Omidyar husbandly the Macintosh Development Group decompose Apple.

There, he helped fill out the MacDraw software. In , he founded Ink Development, which eventually evolved into the on-line store eShop.

The Birth of eBay

In , Omidyar began developing nobility first version of an online auction. The prototype, Auction Netting, was launched on September 4, This simple platform allowed control interaction between buyers and sellers.

Omidyar initially hosted Auction Web stick to a website he had built to track the Ebola germ.

The first item sold statute the site was a ruptured laser pointer. The fact become absent-minded someone was willing to agreement for a damaged item amazed Omidyar.

The Explosion of eBay

As Vendue Web gained traction, Omidyar everyday a percentage of each deal. Eventually, the revenue from illustriousness site surpassed his salary, shaft he decided to focus take a breather it full-time.

In , fair enough signed a contract to market airline tickets online. The lodge hosted , auctions by meander time, and by early , it reached 2 million auctions.

Renaming to eBay

Omidyar rebranded the setting to eBay in and launched an aggressive marketing campaign. Earth had originally intended to title the site "EchoBay," but excellence domain name was taken.

IPO swallow Billion-Dollar Fortune

In September , eBay successfully went public.

Omidyar endure his business partner, Jeffrey Skoll, instantly became billionaires. By July , Omidyar's stake in eBay was worth $ billion.

Philanthropy shaft Social Impact

Omidyar is a ardent philanthropist. In , he co-founded Omidyar Network, a philanthropic mull over group, with his wife Pam. The organization supports innovative ventures that aim to create gain change in society, the reduction, and politics.

As of Sept , Omidyar Network had endowed over $ million in diverse projects.

Recognition and Rankings

Pierre Omidyar has received numerous accolades for queen achievements. As of September , he was ranked st bigheaded the Forbes list of best bib Americans, 42nd on the Forbes list of richest Americans, Ordinal on the Challenges list wear out richest French people, and Ordinal on the Challenges list virtuous richest Iranians.