The estimated net worth of Brian Chesky, one of the founders of Airbnb, is $15 billion.
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Early life
Brian Chesky, the co-founder and CEO of Airbnb, grew up in New York, New York.
His Polish father and Italian mother were social workers.
Education
Chesky was an industrial design student at Rhode Island School of Design (RISD).
He designed and patented airbeds that would be filled with air via a foot pump and featured a safety release valve.
He is also the co-founder of Airbnb, the online travel company.
Family Life
Brian Chesky lives in New York with his partner Elissa Patel.
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How did Chesky build his net worth?
Brian Chesky built his wealth by founding Airbnb, the innovative travel booking website.
Brian's inspiration behind Airbnb was a time in his life when he couldn't afford to pay out his rent.
He was forced to rent out his apartment in order to have enough funds to make the monthly rent that was due.
Together with his roommates and co-founders of Airbnb, they purchased three air beds to rent out their place and make some money.
They subsequently created the website Air Bed and Breakfast, which eventually grew into Airbnb.
Airbnb launched in 2008, but it only really gained traction around 2015.
Chesky teamed up with Nathan Blecharczyk to help the team market the platform to the globe as a way to let anyone rent their property out conveniently, directly to the consumer.
Chesky also managed his investment in an air mattress venture until the incorporation of “Air Bed and Breakfast” in late 2008.
The team sourced $200,000 of VC funding from Sequoia Capital to get the project off the ground.
With the investment in the company, Brain expanded the workforce to 100 employees, making significant improvements to the platform before its public launch.
The company was an instant success online, and Brian decided to take Airbnb public in April 2012, with a $112 million Series A fund-raising round.
The company continues to grow, despite the drop in the share price from the 2021 all-time high.
The majority of Brian’s wealth is in Airbnb shares, but he supposedly dumped a large percentage of his shareholding in late 2021.
He retains the title of the company’s CEO and remains one of the “unicorns” in the tech industry, taking a startup from concept to success in just three years.
Airbnb founder Brian Chesky Quote
Build something 100 people love, not something 1 million people kind of like.
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FAQs
How rich is Brian Chesky?
Best known for starting Airbnb, Brian Chesky has a personal wealth of approximately $15 billion.
Is Brian Chesky a millionaire?
Yes, Chesky has a net worth above $15 billion according to Forbes.
Is Brian Chesky a billionaire?
Yes, he is a billionaire x 15 - approx $15 billion. To catch up with Brian Chesky's net worth, it would take 288,462 people on the average US worker salary of $52k.
Was Brian Chesky born rich?
No, Brian Chesky worked hard to get to where he is today.
Image: Flickr
