Niraj Shah
Businessman, CEO of Wayfair
From Wikipedia, the free encyclopedia
Niraj S. Shah (born 1973/1974) is an American businessman, and co-founder, co-chairman, and CEO of online retailer Wayfair.
Niraj Shah | |
|---|---|
| Born | 1973 or 1974 (age 51–52)[1] |
| Education | Cornell University (BE) |
| Occupation | Businessman |
| Known for | Co-founder, co-chairman & CEO, Wayfair |
Board member of | Wayfair |
| Spouse | Jill Shah |
| Children | 2 |
Early life
Shah grew up in Pittsfield, Massachusetts, the son of immigrants from India.[2] His grandfather ran a "steel manufacturing business in India, making pots and pans".[2] His father worked for General Electric as a mechanical engineer, and after his retirement, joined Wayfair early on, providing financial advice, and still works for the company.[2]
Shah graduated from Cornell University, where he earned a bachelor's degree in engineering in 1995.[1][3]
Career
Shah co-founded Wayfair in 2002 with his Cornell classmate, Steve Conine,[2] and has been its CEO since its inception.[1][4]
Shah was included in the Fortune list of "40 under 40" for 2013.[5]
Shah was a director of the Federal Reserve Bank of Boston from 2017 to 2019.[2][6]
In May 2017, Wayfair's share price rose above $70 per share, making Shah and his co-founder Steve Conine both billionaires. As of April 2022, his estimated net worth was $1.6 billion.[7]