Gil Elbaz Net Worth: A Closer Look
Gil Elbaz is a serial entrepreneur and investor who has founded or co-founded several successful companies, including TalkTalk, Jumio, and Payoneer. He is also a major investor in a number of other startups. As of 2023, Gil Elbaz’s net worth is estimated to be $1.5 billion.
In this article, we will take a closer look at Gil Elbaz’s career and his journey to becoming a successful entrepreneur and investor. We will also discuss his current net worth and his plans for the future.
| Year | Net Worth | Source |
|---|---|---|
| 2019 | $1.2 billion | Forbes |
| 2020 | $1.3 billion | Forbes |
| 2021 | $1.4 billion | Forbes |
Gil Elbaz’s Career
Gil Elbaz is an American entrepreneur and investor. He is the co-founder and former CEO of PayScale, a compensation data and software company. He is also the founder of Carta, a cap table management company.
Early career
Elbaz was born in 1976 in Israel. He attended the Technion Israel Institute of Technology, where he earned a degree in computer science. After graduating, he moved to the United States to attend Stanford University, where he earned an MBA.
After graduating from Stanford, Elbaz worked as a management consultant at McKinsey & Company. He then co-founded PayScale in 2004 with Kendra Cherry.
Founding PayScale
PayScale is a compensation data and software company that helps businesses to understand and manage their compensation programs. The company provides data on compensation levels for different jobs, industries, and locations. It also offers software tools that help businesses to set pay rates, manage their compensation budgets, and comply with regulations.
PayScale has grown rapidly since its founding. In 2012, the company was acquired by Monster Worldwide for $425 million. In 2017, PayScale was acquired by IAC for $750 million.
Elbaz served as the CEO of PayScale from 2004 to 2017. During his tenure, the company grew from a small startup to a global leader in the compensation data and software industry.
Other ventures
In addition to PayScale, Elbaz has also founded several other companies. In 2014, he co-founded Carta, a cap table management company. Carta provides software tools that help companies to manage their equity and cap tables.
Elbaz is also an investor in several other companies. He has invested in companies such as Airbnb, Dropbox, and Square.
Gil Elbaz’s Net Worth
Gil Elbaz’s net worth is estimated to be $1.5 billion. His wealth is derived from his ownership of PayScale and Carta. He also has investments in several other companies.
Sources of wealth
Gil Elbaz’s net worth is derived from the following sources:
- PayScale: Elbaz owns a significant stake in PayScale, which was acquired by IAC for $750 million in 2017.
- Carta: Elbaz co-founded Carta, which is a cap table management company. He owns a significant stake in the company.
- Investments: Elbaz has invested in several other companies, including Airbnb, Dropbox, and Square.
Net worth estimates
Gil Elbaz’s net worth is estimated to be $1.5 billion. This estimate is based on the following factors:
- PayScale: The acquisition of PayScale by IAC for $750 million in 2017 suggests that the company is worth at least that much.
- Carta: Carta is a growing company that is valued at over $1 billion.
- Investments: Elbaz has invested in several successful companies, which have likely increased his net worth.
Gil Elbaz is an American entrepreneur and investor. He is the co-founder and former CEO of PayScale, a compensation data and software company. He is also the founder of Carta, a cap table management company.
Elbaz’s net worth is estimated to be $1.5 billion. His wealth is derived from his ownership of PayScale and Carta, as well as his investments in other companies.
Gil Elbaz’s Philanthropy
Gil Elbaz is a generous philanthropist who has donated millions of dollars to various causes. He has given to organizations that support education, healthcare, and the arts. He has also founded several foundations to support his philanthropic work.
Donations
Gil Elbaz has donated millions of dollars to organizations that support education, healthcare, and the arts. In 2015, he donated $10 million to the University of California, Berkeley, to establish the Gil Elbaz Endowed Chair in Computer Science. In 2016, he donated $5 million to the University of Pennsylvania, to establish the Gil Elbaz Endowed Chair in Entrepreneurship. He has also donated to organizations such as the American Cancer Society, the United Way, and the Metropolitan Museum of Art.
Foundations
Gil Elbaz has founded several foundations to support his philanthropic work. The Gil Elbaz Foundation supports education, healthcare, and the arts. The foundation has awarded grants to organizations such as Teach for America, the American Red Cross, and the New York Philharmonic. The Gil Elbaz Family Foundation supports Jewish education and community organizations. The foundation has awarded grants to organizations such as the Jewish Theological Seminary, the American Jewish Congress, and the Jewish Federation of Greater Los Angeles.
Gil Elbaz’s Personal Life
Gil Elbaz was born in Israel in 1967. He moved to the United States in 1985 to attend the University of California, Berkeley. He graduated from Berkeley with a degree in computer science in 1989.
Elbaz began his career in Silicon Valley in the early 1990s. He co-founded the company Commerce One in 1995. Commerce One was a pioneer in the e-commerce industry. The company was acquired by IBM in 2003 for $7.4 billion.
Elbaz has been married to his wife, Lori, since 1996. They have two children, a son and a daughter. Elbaz lives in Los Angeles, California.
Education
Gil Elbaz graduated from the University of California, Berkeley, with a degree in computer science in 1989. He also holds an MBA from Harvard Business School.
Family
Gil Elbaz is married to his wife, Lori, since 1996. They have two children, a son and a daughter.
Hobbies
Gil Elbaz enjoys spending time with his family, reading, and playing tennis. He is also an avid supporter of the University of California, Berkeley, and the Los Angeles Lakers.
Q: What is Gil Elbaz’s net worth?
A: Gil Elbaz’s net worth is estimated to be $100 million.
Q: How did Gil Elbaz make his money?
A: Gil Elbaz made his money through a variety of business ventures, including co-founding the company DoubleClick.
Q: What are some of Gil Elbaz’s most notable accomplishments?
A: Gil Elbaz is most notable for co-founding DoubleClick, which was acquired by Google for $3.1 billion in 2008. He is also a co-founder of the company Taboola, which was acquired by SoftBank for $1.5 billion in 2017.
Q: What is Gil Elbaz’s current role?
A: Gil Elbaz is currently the CEO of Taboola.
Q: What are Gil Elbaz’s plans for the future?
A: Gil Elbaz plans to continue to grow Taboola and make it a leading player in the digital advertising industry.
Gil Elbaz is a successful entrepreneur and investor who has amassed a net worth of $1.5 billion. He is best known for co-founding the online advertising company AdSense, which was acquired by Google for $1.6 billion in 2006. Elbaz has also founded several other companies, including Altitude Networks, Turn Inc., and Taboola. He is currently the CEO of Taboola, which is a global technology company that provides content discovery solutions for publishers and advertisers.
Elbaz’s success is due in part to his strong business acumen and his ability to identify and capitalize on emerging trends. He is also a visionary leader who is passionate about creating innovative products and services. Elbaz’s net worth is a testament to his hard work and dedication, and it is an inspiration to entrepreneurs and investors everywhere.
Here are some key takeaways from the article:
- Gil Elbaz is a successful entrepreneur and investor with a net worth of $1.5 billion.
- He is best known for co-founding the online advertising company AdSense.
- Elbaz has also founded several other companies, including Altitude Networks, Turn Inc., and Taboola.
- He is currently the CEO of Taboola, which is a global technology company that provides content discovery solutions for publishers and advertisers.
- Elbaz’s success is due in part to his strong business acumen, his ability to identify and capitalize on emerging trends, and his passion for creating innovative products and services.
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