Monday, 24 June 2024

Pierre Morad Omidyar, Founder, eBay


Champion's Profile

Net Worth: US$11.1 billion Pierre Morad Omidyar is a French-American billionaire entrepreneur and philanthropist of Iranian parentage. He is the founder of the eBay auction site where he served as chairman from 1998 to 2015. He became a billionaire at the age of 31 with eBay's 1998 initial public offering (IPO). Omidyar and his wife Pamela are well-known philanthropists who founded Omidyar Network in 2004 in order to expand their efforts beyond non-profits to include for-profits and public policy. Since 2010, Omidyar has been involved in online journalism as the head of investigative reporting and public affairs news service Honolulu Civil Beat.


Education, Humanitarian

Description and impact

Democracy Fund: is a bipartisan foundation created by eBay founder Pierre Omidyar in 2011. It has been an independent private foundation since 2014. Its stated aim is to improve the democratic process in the United States so that it better benefits voters. Its activities include awarding grants to organizations it believes will further its goal. It also created the Voter Study Group, a collaboration of ideologically diverse scholars and analysts that surveyed 8,000 American voters on their political and social views. Humanity United: a foundation dedicated to bringing new approaches to global problems that have long been considered intractable. It works to encourage experimentation, innovation, co-creation, and adaptation to maximize impact. Our tools go beyond traditional financial support and include network development, advocacy, strategic communications, and HU-led initiatives.