Gebbia is co-founder of Airbnb, the room-sharing service with six million listings in 100,000 towns and cities worldwide. The San Francisco-based publicly traded company has had more than a billion guests since it was founded in 2008. Gebbia said in July 2022 that he'd resign from his full-time role at the company.
Joe Gebbia's net worth of $7.60B can buy ...
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The majority of Gebbia's fortune is derived from his stake in Airbnb, an online marketplace for travel services. Gebbia founded the company in 2008 with Nathan Blecharczyk and Brian Chesky. It had six million listings in 100,000 towns and cities worldwide as of March 2022, according to the company's website.
Gebbia owns about 57 million shares in the company, according to regulatory filings from November and December 2022.
Airbnb's press office didn't respond to emailed requests for comment on Gebbia's net worth.
Gebbia was born on Aug. 21, 1981. After graduating from the Rhode Island School of Design in 2005 he moved to San Francisco and ended up renting a flat with classmate Brian Chesky. Running short of rent in October 2007 they sold sleeping spaces in their apartment and decided to commercialize the idea.
After being joined by engineer and co-founder Nathan Blecharczyk, the trio started a website in August 2008 and were accepted into startup incubator Y Combinator in 2009. A year later they received their first round of venture capital funding. The company's December 2020 initial public offering was the biggest-ever of its kind in the U.S. at that time.
In July 2022, Gebbia announced that he's stepping back from his full-time role as chief strategy officer to spend more time with his family and explore new projects. The first new venture will be “a startup called parenthood, at which I’ll be taking on the role of Dad,” he wrote in a public letter. He also joined the board of Tesla Inc.
He and the two other co-founders joined the Giving Pledge in June 2016.