The most talking and commented subject in the US is that ‘The US should not bail out billionaires and hedge funds during pandemic!” This is a thriving statement given by a Chamath Palihapitiya who changed the perspective of an entrepreneur! As you may already know, his argument was on the Federal decision to put $2.3 trillion for businesses along with payroll programs and getting money into small businesses! Chamath Palihapitiya says this decision is like creating a landmine and will have its consequences! So, let’s see who was brave enough to stand up for billionaires during this pandemic.
The story starts with a striking change that was made to the technology in healthcare, financial services and education in 2011 when Chamath Palihapitiya, who was willing to address the technological issues faced by the above social segments which he thought was neglected by other venture capitals. So, Chamath Palihapitiya and his wife decided on a fund partnership to address this matter. This big step was finally named ‘Social Capital’.
Background of Chamath Palihapitiya Social Capital
Chamath Palihapitiya is a 44 year old Canadian who was born in Sri Lanka and moved to Canada in 1982 with his family, graduated from University of Waterloo in 1999 he moved to California with his girlfriend; his ex-wife, Brigette Lau. Chamath Palihapitiya wife is a partner of social capital and co-owner of its management company. Chamath Palihapitiya social capital started to change when he decided to focus on its core businesses rather than focusing on growth equality and new credit platforms. Today Chamath Palihapitiya net worth is estimated at $billions, which proves his motivation and obligation towards his work!
Although investing in something that is worth a risk, Chamath Palihapitiya has made his moves, by funding towards his social capital. Chamath Palihapitiya social capital hard work paid off when he became a billionaire. Chamath Palihapitiya net worth is $1.2 billion in 2022. Estimated along with his projects, business endeavors and as well as his poker playing!
Being an entrepreneur, Chamath Palihapitiya struggled through risks, challenges, downfalls, rivalry and betrayal before he made it up to his standards today! He was one of the main mentors who showed the world to get up from your own feet even as a kid you had to sleep only on a mattress in the living room! The motivation was his secret weapon to overcome his deepest fears! Chamath Palihapitiya net worth is one of his pieces of evidence to show the world that hard work pays off! Likewise, proper decision making, a goal and having a mission took him to his targets no matter what he came across. Chamath Palihapitiya is an outstanding entrepreneur figure who took entrepreneurship to the next level. Chamath Palihapitiya social capital and his commitments towards it provided that attention to detail can change many things. Such as his software services and investments allocated into the right cause!
Chamath Palihapitiya is a man with courage and a vision! He made his own path through to be a successful entrepreneur, giving the world a new hope!
Author
An Entrepreneur and Digital Marketing Consultant in Sri Lanka. Helping People with Digital Marketing services, building an Online Business and making Passive Income.
