Dara Khosrowshahi, a prominent figure in the business world, has an estimated net worth of at least $170 million as of January 2024. His financial success is a testament to his influential role in various industries, particularly technology and travel.
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Who is Dara Khosrowshahi?
Dara Khosrowshahi is an Iranian-American business executive, currently serving as the CEO of Uber Technologies Inc. His previous tenure as CEO of Expedia Group and roles in companies like Allen & Company and IAC have marked him as a significant figure in the corporate sector.
How Old is Dara Khosrowshahi?
Born on May 28, 1969, Dara Khosrowshahi is 54 years old as of January 2024.
Early Life and Education Background
Dramatic changes marked Khosrowshahi’s early life. Born into a wealthy family in Iran, he faced political upheaval during the Iranian Revolution. His family moved to the United States, where he completed his education, culminating in a B.S. in Electrical and Electronics Engineering from Brown University.
Dara Khosrowshahi Net Worth
Khosrowshahi’s net worth of $170 million reflects his successful career and strategic investments. His tenure in companies like Uber and Expedia has significantly contributed to his wealth.
Salary and Compensation
As Uber’s CEO, Khosrowshahi’s total compensation is around $42 million, making him one of the highest-paid CEOs in the U.S. His package includes a base salary, performance-based bonuses, stock awards, and comprehensive benefits.
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Career
Khosrowshahi’s career began at Allen & Company, leading to significant roles at IAC and Expedia. His leadership at Expedia was marked by global expansion and acquisitions, setting the stage for his eventual transition to Uber.
Stock Trades and Ownership
Khosrowshahi has been actively trading and holding significant ownership in Uber since 2006. His largest trade involved over 629,000 units of Uber stock, valued at over $36 million.
Trading and Ownership in Other Companies
Besides Uber, Khosrowshahi is a director at Expedia Group Inc and TripAdvisor Inc, giving him insider access and influence in these companies.
Transition to Uber
During a tumultuous period for the company, Khosrowshahi took over as Uber’s CEO in August 2017. His approach to leadership and strategic vision was crucial in steering the company towards stability and growth.
Contributions to Uber’s Image and Growth
Under Khosrowshahi’s leadership, Uber has seen a transformation in its corporate culture and public image. He implemented initiatives emphasizing transparency, accountability, and ethical behavior, significantly enhancing customer satisfaction and trust.
Political Activity
Khosrowshahi is known for his outspoken views on political matters, particularly immigration policies. His political contributions have been diverse, supporting both Democratic and Republican causes.
Philanthropic Contributions
Khosrowshahi’s philanthropy, especially in autism advocacy, is notable. His connection to autism, as a parent, has driven his efforts in supporting related causes.
Conclusion
Dara Khosrowshahi’s journey from a tumultuous early life to leading one of the world’s most influential tech companies is remarkable. His leadership style, strategic vision, and commitment to ethical practices have not only enhanced Uber’s market position but also set a new standard in corporate governance.
FAQs about Dara Khosrowshahi
- What is Dara Khosrowshahi’s role at Uber?
- He is the CEO of Uber Technologies Inc.
- What was Khosrowshahi’s biggest achievement at Expedia?
- He led the company through global expansion and major acquisitions, significantly increasing its market presence.
- How has Khosrowshahi impacted Uber’s corporate culture?
- He has implemented changes focusing on transparency, ethical behavior, and customer satisfaction, improving the company’s image and work environment.
- What philanthropic causes does Khosrowshahi support?
- He is particularly involved in autism advocacy, inspired by his personal experiences.
- Did Khosrowshahi make any notable political contributions?
- Yes, he has contributed to both Democratic and Republican parties, reflecting his diverse political views.
