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Pierre Omidyar, a French-born Iranian-American billionaire and technology entrepreneur, is widely recognized as the founder of eBay and an influential figure in the world of online journalism. Born in Paris in 1967 to Iranian parents, Omidyar immigrated to the United States with his family and pursued a career in computer science. After co-founding Ink Development, he went on to create Auction Web, which eventually became eBay. Omidyar's net worth is estimated at $8.7 billion, and he remains active in various ventures, including his philanthropic investment firm, Omidyar Network, and his journalism venture, First Look Media.
June 21, 1967 in Paris, France
58 years
EBay, PayPal
Technology
United States
Honolulu, Hawaii
Bachelor of Arts/Science, Tufts University
Pamela Kerr
Pierre Omidyar, born Parviz Morad Omidyar on June 21, 1967, in Paris, France, is a French-born Iranian-American billionaire, technology entrepreneur, software engineer, and philanthropist. His parents, Iranian immigrants seeking higher education in France, later moved to the United States. Pierre's father, Cyrus Omidyar, is a surgeon. Pierre attended Punahou School in Honolulu, The Potomac School in McLean, Virginia, and graduated from St. Andrew's Episcopal School in Potomac, Maryland. He went on to earn a Bachelor of Science degree in computer science from the University of California, Berkeley.
Pierre Omidyar: Family
Pierre Omidyar is married to Pamela Omidyar. The couple owns properties in Henderson, Nevada, and Honolulu, Hawaii. They have been actively involved in philanthropy through their foundation, the Omidyar Network.
Pierre Omidyar: Career Highlights
After graduating from Berkeley, Pierre Omidyar worked at Claris, an Apple Computer subsidiary. He co-founded Ink Development, a pen-based computing startup later rebranded as eShop Inc. In 1996, Microsoft acquired eShop for less than $50 million, earning Omidyar $1 million.
Pierre Omidyar: Companies
Pierre Omidyar is best known as the founder of eBay, an online auction platform. He began writing the original computer code for eBay in 1995 and launched it on Labor Day, September 4, 1995, under the name Auction Web. The company's name was changed to eBay in 1997. Omidyar also co-founded Omidyar Network, a philanthropic investment firm, with his wife Pamela in 2004.
Pierre Omidyar: Major Achievements
Pierre Omidyar's major achievements include founding eBay, one of the world's largest online marketplaces. He also played a significant role in the growth and success of PayPal, which was acquired by eBay in 2002 and later spun off in 2015. Omidyar is actively involved in philanthropy through the Omidyar Network, which focuses on areas such as property rights, governance, education, financial inclusion, and consumer internet mobile.
Pierre Omidyar: Awards & Achievements
Pierre Omidyar has received numerous awards and honors for his contributions to technology and philanthropy.
In 1999, he was named the EY Entrepreneur of The Year National Winner. He also received an honorary doctorate from Tufts University in 2011.
Pierre Omidyar: Personal Life & Legacy
Pierre Omidyar is a major donor to Democratic Party candidates and organizations. He is a follower of the Dalai Lama and signed The Giving Pledge in 2010, committing to give away most of his wealth during his lifetime. Omidyar has donated approximately $500 million to charitable causes in 2019 alone.
Pierre Omidyar: Trivia
Pierre Omidyar's original choice for the name of eBay was Echo Bay, but it was already registered to a Canadian mining company. The name "eBay" was his second choice.
Pierre Omidyar is born in Paris, France, to Iranian parents.
Omidyar begins writing the original computer code for an online venue for direct person-to-person auctions.
Omidyar launches Auction Web, which eventually becomes eBay, on Labor Day.
Jeffrey Skoll joins eBay.
The company's name is changed from AuctionWeb to eBay.
Meg Whitman becomes president and CEO of eBay. eBay launches a successful public offering, making Omidyar and Skoll billionaires.
eBay acquires PayPal.
Omidyar and his wife Pamela co-found Omidyar Network, a philanthropic investment firm.
Omidyar launches Honolulu Civil Beat, an online investigative reporting news service. Omidyar signs The Giving Pledge, intending to give away most of his wealth during his lifetime.
Omidyar announces the creation of First Look Media, a journalism venture. Partners with HuffPost to launch HuffPost Hawaii.
The Intercept is launched.
eBay spins off PayPal.
Luminate Group is established.
Omidyar steps down from eBay's board but remains active as director emeritus.
Omidyar hosts a series on whistleblowing in February, providing financial support to Facebook whistleblower Frances Haugen.
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Who is Pierre Omidyar and what is he known for?
What was the first item sold on eBay and how did the company evolve?
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What are the goals and achievements of the Omidyar Network?