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 America

Source of wealth

online retail

Residence

Boston, Massachusetts

Marital status

Married

Birth date

03/10/74 (age 51)

Number of children

2

Education

Bachelor of Science in Engineering, Cornell University

Self-made

self-made

Niraj 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.

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