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Chamath-Palihapitiya-biography

Chamath Palihapitiya

Occupation: highly-successful entrepreneur and venture capitalist

Birthday: September 3, 1976

Age: 45

Birthplace: Sri Lanka

Nationality: Canadian

Birth Sign: Virgo

Religion: Buddhism

Height: 6 ft  1 in

OVERVIEW

Chamath Palihapitiya was born in Sri Lanka and is a Canadian venture capitalist and the founder and CEO of Social Capital. Chamath was also an early executive at Facebook.

Chamath CHILDHOOD & EARLY CAREER

Chamat was born in Sri Lanka and his family moved to Canada at the age of five. Palihapitiya’s father was frequently unemployed, and his mother worked at low-paying housekeeping jobs and Chamath even worked at a Burger King to make ends meet.

After graduating from college in 1999 with a degree in electrical engineering, Chamath worked as a derivatives trader for a year before moving to California.

Career

AOL (2004)

He went on to become the company’s youngest vice president ever, heading its instant messaging division.

Software engineer and manager at Facebook (2007–2011)

After leaving AOL he joined the Mayfield Fund but then just a few months later he left that role and joined Facebook, which was then a little more than a year old. Palihapitiya’s work at Facebook surrounded around user growth and four years after join Facebook hit 1B in users.

Palihapitiya in 2007 speaking at a Facebook event.

Venture capitalist (2011–present)

During his time at Facebook, Chamath invested in a few startups. In 2010, he was part of a deal to buy the Golden State Warriors for $450 million.

After leaving Facebook he started his own fund, The Social+Capital Partnership, with his then-wife. Chamath invested in a number of companies, including Yammer, Slack, and Box. 

In 2018, there was a huge decrease in Social Capital fund’s operations and soon the firm returned investor capital and converted the fund into a family office.

SPAC frenzy (2017-present)

Palihapitiya with Virgin Galactic founder Richard Branson in 2019

Chamath helped take Virgin Galactic public through a SPAC, and later sold his stake in Virgin Galactic for around $200 million.

 

In 2021, Chamat took SoFi, and Clover Health, public through SPACs as well making nearly $300 million on the deals after investing just $25,000.

All-In Podcast (2021)

Industry veterans, Chamath Palihapitiya, Jason Calacanis, David Sacks & David Friedberg cover all things economic, tech, political, social & poker.

Net worth: $1.2 Billion

As of 2021, Chamath Palihapitiya’s net worth was around $1.2 billion.

As an early investor in Bitcoin, part of his money comes from crypto returns. He also earned a handsome salary at Facebook including generous bonuses. He has also earned over $175,000 from participating in three World Series of Poker and two World Poker Tours.

Chamath Favorite Books

Chamath has a taste for a wide array of books including René Girard’s Mimetic Theory, Liar’s Poker and Disruptor

Chamath Home’s 

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