Garrett Camp net worth has captured the attention of financial enthusiasts around the world. As a co-founder of Uber and StumbleUpon, his rise in the tech world has been nothing short of impressive. But how did he build his fortune?
By diving deep into his business ventures, such as Expa and Eco, we can see the key achievements that contributed to his financial growth. In this article by WorldofCeos, we’ll explore Camp’s journey and the strategic investments that shaped his immense wealth.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Garrett Camp |
| Popular Name | Garrett Camp |
| Gender | Male |
| Birth Date | October 4, 1978 |
| Age | 45 |
| Parents | Economist (father), Artist (mother) |
| Siblings | N/A |
| Birthplace | Calgary, Alberta, Canada |
| Nationality | Canadian |
| Ethnicity | N/A |
| Education | Haskayne School of Business (2002), University of Calgary (2001) |
| Marital Status | N/A |
| Spouse | N/A |
| Children | N/A |
| Dating | N/A |
| Net Worth | $3.5 billion |
| Source of Wealth | Uber, StumbleUpon, Expa, Eco |
| Height | N/A |
What is the Net Worth Of Garrett Camp in 2024?
In 2024, Garrett Camp’s net worth is estimated to be $3.5 billion, solidifying his place among influential tech entrepreneurs. His financial success primarily stems from the massive growth of Uber, which he co-founded, along with the innovative Expa startup studio. Compared to other notable business figures in the tech industry, Camp has remained a significant force. Here’s a list of people and companies related to him:
- Travis Kalanick
- Uber
- StumbleUpon
- Mix.com
- Expa
- The Giving Pledge
- Eco
- Prism Skylabs
- BlackJet
For more insights on some of the wealthiest CEOs in the world, check out our detailed guide on the world’s richest CEOs.
Salary and Finance Overview
How He Built His Fortune Through Key Business Ventures
Garrett Camp‘s financial success started with the co-founding of StumbleUpon, a pioneering web discovery platform. The platform’s success was recognized when it was sold to eBay for $75 million in 2007, providing him with significant capital. However, his most substantial financial breakthrough came with the creation of Uber in 2009, alongside Travis Kalanick. Uber revolutionized the transportation industry, transforming into a multi-billion-dollar company that contributed immensely to Camp’s wealth.
As Uber expanded globally, the company’s valuation soared, reaching $6 billion at its peak, which further boosted Camp’s fortune. He continued to build on his success by founding Expa, a startup studio that helps nurture new businesses. Expa’s success is reflected in the launch of notable companies like Mix and Haus, which helped solidify Camp’s financial standing.
Achievements and Milestones That Contributed to His Wealth
Throughout his career, Camp achieved numerous milestones that contributed to his financial success. StumbleUpon’s acquisition by eBay was one of the earliest, but Uber’s rapid global expansion was a defining moment in his career. By creating a platform that enabled both drivers and riders to connect seamlessly, Uber’s rise was swift, with its valuation skyrocketing over the years. Camp also received numerous recognitions, including being named to MIT’s Top Innovators Under 35 and Bloomberg Businessweek’s list of the best young entrepreneurs.
In addition to his business ventures, Camp joined The Giving Pledge, promising to donate half of his wealth to charitable causes. This act further solidified his status as a leader not just in business, but also in philanthropy.
Investments That Boosted His Financial Growth
Beyond Uber and StumbleUpon, Camp made strategic investments in various tech startups, further boosting his wealth. He reinvested in StumbleUpon after its spin-off from eBay and expanded its capabilities before its transition to Mix.com. He also ventured into real estate, purchasing a $72.5 million mansion in Beverly Hills. Other investments include companies like Prism Skylabs and BlackJet, which were strategic moves aimed at diversifying his portfolio.
Philanthropic Contributions and How They Impact His Financial Strategy
Garrett Camp’s philanthropic efforts are deeply tied to his financial success. By joining The Giving Pledge, he committed to donating a substantial portion of his wealth to causes focused on sustainability, environmental conservation, and infrastructure. This commitment is part of a larger strategy to not only give back but also align his business ventures with sustainable development goals. His creation of the Camp Foundation is a testament to his long-term vision of contributing to research in sustainability and innovation.
Significant Controversies and Their Financial Impact
Despite his numerous successes, Camp has not been without controversy. One of the major criticisms he faced was tied to Uber’s labor issues, with drivers protesting for better pay and working conditions. This was further amplified when Camp purchased an 11,000-square-foot mansion for $72.5 million in Beverly Hills. The purchase was widely criticized due to the ongoing labor disputes at Uber, which placed a spotlight on his financial decisions and the broader implications of wealth inequality in the gig economy.
FAQs About Garrett Camp
What are His Most Notable Business Ventures?
His most notable business ventures include Uber, StumbleUpon, and Expa.
How Did He Contribute to Uber’s Success?
He co-founded Uber in 2009 and played a crucial role in its global expansion, which significantly contributed to its multi-billion-dollar valuation.
What Awards Has He Received for His Work?
Camp has been named in MIT’s Top Innovators Under 35 and was recognized by Bloomberg Businessweek for being one of the best young entrepreneurs.
How Did StumbleUpon Help Shape His Career?
StumbleUpon was the first major success of Camp’s career, leading to its $75 million acquisition by eBay and helping him fund later ventures like Uber.
What Is His Involvement in Philanthropy?
Camp joined The Giving Pledge, committing to donate half of his wealth to causes supporting sustainability and innovation.
Conclusion
Garrett Camp’s journey from creating StumbleUpon to co-founding Uber showcases his incredible contributions to the tech industry. Feel free to leave a comment, share this article, or read more about the latest updates on worldofceos.com.
