#2585
Chamath Palihapitiya
Overview
- Source of Wealth
- Facebook, venture capital
- Industry
- Finance & Investments
- Residence
- Atherton, California
- Education
- University of Waterloo (Bachelor of Engineering)
- Marital Status
- In Relationship
- Children
- 3
Assets
- Clover Health Investments23,662,000 shares @ --CLOV-US
- Opendoor Technologies26,283,000 shares @ --OPEN-US
- Social Capital Hedosophia Holdings Corp. IV7,471,000 shares @ ---
- Social Capital Hedosophia Holdings Corp. V13,940,000 shares @ ---
- Social Capital Hedosophia Holdings Corp. VI24,430,000 shares @ ---
- Virgin Galactic5,100,000 shares @ --SPCE-US
Biography
Chamath Palihapitiya is a Silicon Valley venture capital investor who has made himself into a tech firebrand.
He is a proponent of SPACs - a kind of investment vehicle that allows private companies to go public with less scrutiny from the SEC.
Palihapitiya is a sponsor and investor in half a dozen SPACs. Companies they have merged with include Virgin Galactic and Clover Health.
He is also founder of Social Capital, a venture capital firm that he started in 2011; the firm faced a wave of defections in 2018.