
Niraj Shah
$969.55M
as of 05/21/24
About Niraj Shah
Niraj Shah is cofounder and CEO of online home goods retailer Wayfair.
He started the business in 2002 with Steve Conine, who is also a billionaire. The two met as high school students at a program at Cornell University.
Shah and Conine ended up living in the same dorm their freshman year at Cornell and became good friends.
Wayfair, which now offers more than 18 million products, generated $14 billion in net revenue in 2020, up 55% from the previous year.
Shah joined the board of the Federal Reserve Bank of Boston in 2017.
Personal stats
Citizenship
United States of AmericaSource of wealth
online retailResidence
Boston, MassachusettsMarital status
MarriedBirth date
03/10/74 (age 51)Number of children
2Education
Bachelor of Science in Engineering, Cornell UniversitySelf-made
self-madeNiraj Shah’s fortune is worth

16K
troy ounces of gold

15K
median U.S. household

10K
median U.S. income

0.019%
U.S. credit card volume

0.004%
GDP of the United States

0.003%
United States debt
Net worth history
Annual ranking
Did you know?
In their final semester of college, Conine and Shah both enrolled in a class on entrepreneurism, which sparked a business plan that turned into their first company.
Net worth over time
Real-time ranking
Financial assets
NYSE | W-US
Wayfair, Inc.Images © Forbes.com. All rights reserved.