Nirav Tolia is an entrepreneur and earns his living from his positions as an Executive, CEO, and Co-Founder. However, he came into the limelight after his successful ventures and investment skills. In fact, his business idea of creating a private social network was hyped in 11 countries.
However, in 2018, he left the company. Sources reveal that presently his annual income is around $5 million. In fact, his primary income comes from his business investments and his own companies. So in today’s article, we shall discuss Nirav Tolia’s net worth and some interesting details of his life. Let’s get to the details!
Nirav Tolia Net Worth Details
The young entrepreneur is estimated to have a pretty massive net worth. In fact, he earns his living by being the Entrepreneur and Executive, CEO, and Co-founder. However, he gained immense popularity in the business world mainly for his successful business ventures and investment skills.
So presently, Nirav Tolia net worth is around $50 million. In fact, his investments in multiple business ventures have helped him increase his annual income. According to various online sources, his annual income is $5 million. Moreover, the primary source of his income comes from his business investments and his own companies.
However, despite his numerous enterprises and employment prospects, his net worth is shockingly modest. Although Nextdoor is probably the donor, we also believed that his Shopping.com shares were worth close to $20 million. Among his most profitable ventures are Stack Exchange, Quora, Clubhouse, InstaEDU, Zillow, and Minted.
A Short Bio Of Nirav Tolia
|Real Name||Nirav Tolia|
|Date of Birth||1973|
|Age||50 years (as of 2023)|
|Current Residence||United States|
|Net Worth||$50 million (approximately)|
|Parents||Mr. Tolia (father)Mrs. Tolia (mother)|
|Social Media||Instagram, Twitter, LinkedIn|
Nirav Tolia was born to his parents in the year 1973 in Odessa, Texas in the United States. Therefore, he is presently 50 years old. In fact, his parents moved from India to the US in 1970 before his birth. So to complete his education, he went to a private school in his hometown.
However, he enrolled at Stanford University after studying at a college in Texas. Here he completed his higher studies and graduated as a physician with a major in English Literature. Since his family was pretty well-off, he never had to undergo any struggles in his childhood.
Nirav Tolia’s Career Details
Starting his career as Yahoo’s employee No. 84, Tolia later became the CEO of the product marketing website Epinions. Before that, he also became the president of Round Zero which he co-founded in 1997. At this time, he managed both his company and Yahoo. In fact, after only one year, the company promoted him to the CEO of Epinions.
So his next venture was to become the COO of Shopping.com. It was a company that was generated by the Epinions and Dealtime merger. Nirav gained authority as CEO of this new company. However, after a year, he resigned, and eBay acquired the company for a staggering $620 million in 2005. At this time, he co-founded Fanbase.com in 2008. In fact, Nirav also served as its chief executive officer until 2010.
Nirav Tolia As The CEO Of Nextdoor
Tolia founded his neighborhood networking service, Nextdoor, in 2010. In fact, he founded it with the funds he saved from all of his transactions and business deeds. Nextdoor is a social media site for your neighborhood and is accessible in 11 countries.
Well, it was not until 2018, that he took the decision to stand down as CEO. So at this time, he joined the board of directors. Moreover, he also contributed to the development of Nextdoor’s current robust foundation.
Therefore, online sources reveal that the most recent estimation of Nextdoor’s net worth is $840 million. So since then, he has been making millions. Therefore, his estimated net worth is $50 million. In fact, the young entrepreneur also gained $200 million as funding for his venture.
Nirav Tolia’s Personal Life
As far as the young entrepreneur’s personal life is concerned, he dated Megha Trivedi for some time before marrying her. In fact, the couple also have three children. Although they own a residence in California, they frequently spent their holidays in Italy.
Just like Nirav, his wife Megha Tolia is also involved in the business world. In fact, she manages several businesses for consumer products giant S.C. Johnson. Moreover, the family-owned, $10 billion-a-year empire of some of the world’s most popular household cleaning brands. It had everything from Windex to Shout to Pledge. However, in 2019, they put their San Francisco-area mansion up for sale for $25 million. It was a wedding present for Megha that Nirav had bought since it had amazing views of the Golden Gate Bridge. The family set off for Florence, Italy.
Nirav Tolia’s Return To The United States
After two years in Italy, Nirav and his family were back in the U.S. So they had to bring their careers and their three boys to the Dallas area. Moreover, this was also the place where Nirav’s parents and brother settled. In fact, his parents, who emigrated from India in 1971, had moved to Dallas after retiring from medical careers in Odessa.
Therefore, according to Megha, “Even though Florence might seemingly be a pause from our careers, it was actually a push on the personal growth side.” So again the modern-day power couple is soon back in high-profile roles. Now that the family has settled in, Nirav is one of the guest sharks on the long-running entrepreneur pitch show “Shark Tank.” In fact, he also invested in two startups while on the show.
Social Media Accounts Of Nirav Tolia
The young businessman is present on a few social media platforms. The following are the links to his official profiles:
FAQs About Nirav Tolia
- What is Nirav Tolia’s net worth?
Nirav Tolia net worth is around $50 million.
- What is Nirav Tolia annual income?
Sources reveal that, as of 2023, his annual income is $5 million.
- What does Nirav Tolia do for a living?
Nirav earns his living from the positions of Executive, CEO, and Co-founder. In fact, he gained the limelight for his successful business ventures and investment skills.
- How old is Nirav Tolia?
Tolia was born in 1973 in Odessa, Texas, and is currently 50 years old.
- Who is Nirav Tolia’s wife?
Megha Trivedi is Nirav’s wife. So talking about his personal life, he tied the knot with his longtime girlfriend Megha Trivedi. The couple has three children.
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