Pierre omidyar

Philanthropy Efforts

Omidyar and his wife Pamela founded the Omidyar Network in 2004. It is a philanthropic investment firm dedicated to improving lives around the world. The network invests and scales innovative organizations to help bring economic, political, and social change.

The organization has donated more than $1 billion to the Omidyar Network. The network also donated $100 million to the Tufts University to create the Omidyar-Tufts Microfinance Fund.

Pierre and Pamela are also big investors in to fight against human trafficking. They have donated around $115 million to the cause in five different countries.

Image: Pierre and Pamela after receiving Carnegie Medal of Philanthropy AwardSource: yahoo finance

Pierre and Pamela received a Carnegie Medal of Philanthropy Award for their efforts. They are only one of 11 recipients.

Personal Life

Omidyar is wed to Pamela Wesley, with the couple having three children.

QUICK FACTS

• Name: Pierre Morad Omidyar
• Birth Year: 1967
• Birth date: June 21, 1967
• Birth City: Paris
• Birth Country: France
• Gender: Male
• Best Known For: Iranian American economist Pierre Omidyar is best known as the founder and chairman of eBay.
• Industries

  Internet/Computing

• Astrological Sign: Cancer
• Schools

  Tufts University

• Nacionalities
  • Iranian
  • French
• Cultural Associations

  Arabic/Middle Eastern

CITATION INFORMATION

• Article Title: Pierre Omidyar Biography
• Author: Biography.com Editors
• Website Name: The Biography.com website
• Url: https://www.biography.com/business-leaders/pierre-omidyar
• Access Date:
• Publisher: A&E; Television Networks
• Last Updated: April 14, 2021
• Original Published Date: April 2, 2014

eBay

At the age of 28, Omidyar began writing the computer code for an online platform that allows people to buy and sell things directly. On September 4, 1995, he launched his online platform called Auction Web. He eventually renamed it eBay. The item listed on eBay was Omidyar’s old laser printer. For a week, he did not find any buyers. Soon enough, bidders began to come in and he sold his printer for $14. Omidyar was shocked to see that people would buy a broken printer. Initially, he started eBay as a hobby and a way to make extra money on the weekends. But soon, his business blew up and started getting a lot of attention.

By 1996, eBay became a million-dollar business. After nine months, Omidyar quit his day job and began to focus on his company full time. Later, Omidyar brought in a new CEO and stepped down. In 1998, he became a billionaire. In such a short period of time, eBay became one of the most successful start-ups. Today, Pierre Omidyar estimated net worth is around $21.8 billion. In addition, he is also a philanthropist and signed The Giving Pledge in 2010. eBay’s success is a result of its unique business model. Omidyar built an empire on his own. 

И тогда родился eBay…

Мини-комикс, схематично изображающий процесс зарождения eBay

В 1997 году Омидьяр дал компании название eBay и начал заниматься агрессивной рекламой. Ко времени, когда eBay стала публичной, число ее зарегистрированных пользователей уже превышало миллион. В 1998 году была зафиксирована десятимиллионная сделка. Так Омидьяр с друзьями за три года стали простыми американскими миллионерами. Сегодня для своих более чем 100 млн пользователей еВау открыт 24 часа в сутки семь дней в неделю. Компания каждый год попадает в рейтинг самых быстрорастущих компаний мира («Fortune—100 Fastest Growing Companies») и первое место в мире по объемам интернет—продаж. По состоянию на 2012 год, в ней работает 27 770 сотрудников. Аукцион торгует в веб—пространстве 50 стран Америки, Европы и Азии. А с 2005 года eBay принадлежит 30 % акций компании Skype.

Основной идеей современного аукциона eBay является предоставление продавцам интернет—платформы для продажи любых товаров. Поскольку прибыль eBay напрямую зависит от объемов продаж, совершенных с помощью этой платформы, на ней действуют достаточно либеральные условия. К продаже разрешены любые товары и услуги, не нарушающие законодательства той страны, в которой зарегистрирован соответствующий филиал eBay, и не внесенные в черный список eBay.

      При продаже продавец имеет возможность выбора одной из трех моделей:

1.      Продажа с аукциона (англ. Online Auction).

Это способ продажи, принесший eBay успех. Продавец указывает стартовую цену лота, время начала торгов и их длительность. Все интересующиеся могут в любой момент поставить определенную ставку на этот лот, однако ставка может быть перебита другими потенциальными покупателями. Актуальные ставки доступны для просмотра в любой момент. Участник аукциона, чья ставка была самой крупной на момент его окончания, получает право на покупку товара.

2.      Продажа по твердой цене (англ. Fixed Price).

Продавец предлагает свой товар по заранее указанной цене (Buy It Now) до определенного момента (конца торгов). Право на покупку получает первый участник торгов, согласившийся заплатить указанную цену. Допустимо комбинирование продажи по твердой цене с продажей с аукциона.

3.      Рекламное объявление (англ. Ad Format).

Продавец создает бессрочное объявление, которое будет демонстрироваться в разделе веб-сайта eBay, в котором размещаются только лоты данного продавца. В подобных разделах, называющихся eBay Shop, продавец может создавать объявления без указания срока окончания их действия. Дополнительно в этом разделе перечисляются товары данного продавца, продаваемые в настоящий момент с аукциона или по фиксированной цене.

Акции компании eBay — львиная доля состояния Пьера Омидьяра. Ему принадлежит почти треть (31,2 %) акций. Стоимость их однажды утроилась за один день, а как—то за полгода выросла в 25 раз! В отличие от подобных ей электронных компаний, eBay приносит реальный доход своим вкладчикам. А акции eBay практически постоянно растут в цене. Компания была сверхприбыльной буквально с первых дней своего существования. Но сказочные прибыли и стремительное развитие настолько необычны для реалий современного делового мира, что персонал находится в постоянном напряжении — все боятся лишиться своих мест. По словам Пьера, он всегда в первую очередь думал не о бизнесе, а об общении единомышленников. Именно тяга к общению, а не к богатству, стала движущей силой при создании еВау. Сам Пьер совершенно не планировал становиться одним из богатейших людей в мире.

Pierre Omidyar: biography, familiarity with programming

The hero of our article was born on June 21 in 1967 in Paris, France (by nationality an Iranian — in his youth his parents emigrated to France). Ros and was brought up in the family of a doctor-therapist. In 1973, together with his family moved to the United States (Maryland). It was because of his father that the family had to move, as he received a new medical degree from the Johns Hopkins University.

From the Persian language the surname «Omidyar» is translated as «one who is loved by hope». Being in the ninth grade, the guy began to be interested in information technology and programming. At that time, Omidyar spent all his free time at the computer. His parents were in a panic from such a routine of the day, they cautiously hinted to his son that he at least sometimes resting from the monitor. But the young man did not play games for days on end, but engaged in self-education.

How Pierre Omidyar Revolutionized Online Shopping with eBay

Since its launch in 1995, eBay has revolutionized the way people shop online. By providing a secure and easy-to-use platform for buyers and sellers to interact directly, eBay has made it possible for anyone to buy or sell items without the need for a middleman. This has resulted in lower prices for consumers, as well as increased opportunities for entrepreneurs and small businesses.

In addition, eBay has had a significant impact on the economy. According to a study conducted by the National Bureau of Economic Research, eBay has been responsible for creating 1.8 million jobs around the world since its launch. The study also found that the company has added an estimated $66 billion to the US economy since 2005.

Furthermore, eBay has had a major influence on the retail industry. The company has challenged traditional businesses by providing a convenient and cost-effective alternative to brick-and-mortar stores. It has also encouraged retailers to focus more on customer experience and provide better services to stay competitive.

Biography

Personal life

Omidyar was born in Paris, France to Iranian immigrant parents who had been sent by his grandparents to attend university there. His mother Elahé Mir-Djalali Omidyar, who did her doctorate in linguistics at the Sorbonne, is a well-known academic. The family moved to the US when Omidyar was a child.

Omidyar’s interest in computers began while he was a student at The Potomac School in McLean, Virginia in the 9th grade. He graduated from St. Andrew’s Episcopal School in Potomac, Maryland in . Omidyar graduated from Tufts University in Medford/Somerville, Massachusetts with a bachelor’s degree in computer science in . Shortly after, Omidyar went to work for Claris, an Apple Computer subsidiary, where he worked on the team upgrading MacDraw to MacDraw II. In , he co-founded Ink Development, a pen-based computing startup that was later rebranded as an e-commerce company and renamed eShop.

eBay and later career

In , at the age of 28, Omidyar began to write the original computer code for an online venue to enable the listing of a direct person-to-person auction for collectible items. He created a simple prototype on his personal web page, and on Labor Day, Monday, 4 September he launched an online service called Auction Web which would eventually become the auction site eBay.

It was hosted on a server Omidyar had created for information on the ebola virus. The first item sold on the site was a broken laser pointer. Omidyar was astonished that anyone would pay for the device in its broken state, but the buyer assured him he was deliberately collecting broken laser pointers. Similar surprises followed. The business exploded as correspondents began to register trade goods of an unimaginable variety.

Omidyar incorporated the enterprise; the small fee he collected on each sale financed the expansion of the site. The revenue soon outstripped his salary at General Magic, and nine months later Omidyar decided to dedicate his full attention to his new enterprise.

By , when Omidyar signed a licensing deal to offer airline tickets online, the site had hosted 250,000 auctions. In the first month of , it hosted 2 million. By the middle of that year, eBay was hosting nearly 800,000 auctions a day.

In , Pierre Omidyar changed the company’s name to eBay and began to advertise the service aggressively. The word «eBay» was made up on the fly by Omidyar when he was told that his first choice for his web site, «echobay», had already been registered. Not wanting to make a second trip to Sacramento, he came up with «eBay». The frequently repeated story that eBay was founded to help Omidyar’s fiancée trade Pez candy dispensers was fabricated by a public relations manager in 1997 to interest the media. This was revealed in Adam Cohen’s 2002 book and confirmed by eBay. The service was free at first, but started charging in order to cover internet service provider costs. eBay still charges 10% of sales as a final sale fee.

Jeffrey Skoll joined the company in . In March , Meg Whitman was brought in as president and CEO, and continued to run the company until January , when she announced her retirement. In September 1998, eBay launched a successful public offering, making both Omidyar and Skoll billionaires. , Omidyar’s 178 million eBay shares were worth around $4.45 billion. Omidyar is also an investor of Montage Resort & Spa in Laguna Beach, California.

In , Omidyar launched online investigative reporting news service covering civic affairs in Hawaii. The site has been named Best News Website in Hawaii for three consecutive years. On September 4, 2013, started a partnership with The Huffington Post, launching the weblog’s latest regional addition, HuffPost Hawaii. In Omidyar financed a yet to be named journalism venture to include Glenn Greenwald, Laura Poitras, Jeremy Scahill, Dan Froomkin, and Jay Rosen

His financial empire also includes a stake in luxury hotel operator Montage Hotels & Resorts and others.

How Pierre earned his first money

The first program he wrote was a school online library. This suggests that already at the age of 14, he made discoveries in the development of unique programs. Pierre school paid a lot of money for that time — about $ 6 for each hour of work on the software product. At that time, Pierre Omidyar understood how to make good money. He found his calling. The guy with even greater zeal began to study programming, combining a hobby with making money.

After graduating from high school, Pierre entered the University of Tuft in Medford (Massachusetts) at the Faculty of Computer Science and Information Technology. The boy studied diligently. In 1988 he graduated with honors from an educational institution and received a bachelor’s degree.

A Historical Look at Who Invented eBay

Pierre Omidyar was born in 1967 in Paris, France to Iranian immigrants. He grew up in the United States and developed an interest in computers and programming at an early age. After graduating from Tufts University with a degree in computer science, he worked for various technology companies before founding his own software development firm, Ink Development Corp. in 1991.

In 1995, Omidyar was inspired to create a new type of online marketplace after reading an article about a French auction website. He saw potential in the idea of creating an online platform where people could buy and sell items directly to each other. The website was initially called “AuctionWeb” and eventually renamed to eBay in 1997.

Omidyar believed that “people are basically good” and that they could be trusted to transact with each other without any intermediary or middleman. He wanted to create a safe and secure online environment where buyers and sellers could interact directly. He also wanted to make sure that the transaction process was easy and efficient for both parties involved.

Omidyar Network

Omidyar Network is a philanthropic investment firm dedicated to harnessing the power of markets to create opportunities for people to improve their lives. It was established in 2004 by Omidyar and his wife, Pam. The organization invests in and helps scale innovative organizations to catalyze economic, social, and political change. Omidyar Network has committed more than $992 million to for-profit companies and nonprofit organizations that foster economic advancement and encourage individual participation across multiple investment areas, including Property Rights, Governance & Citizen Engagement, Education, Financial Inclusion and Consumer & Internet Mobile. In 2010, he and his wife established, along with Richard Branson and the Nduna Foundation (founded by Amy Robbins), Enterprise Zimbabwe.

In 2018 Omidyar established the global philanthropic organization Luminate Group. He separated the organization into a separate unit from his ten-year Governance & Engagement initiative.

Further reading

• «An Interview With Pierre Omidyar». The New York Times , October 20, 2013. Retrieved October 21, 2013.
• «Pierre Omidyar Ready To Spend $250 Million On Glenn Greenwald’s News Startup». Forbes , October 16, 2013. Retrieved October 21, 2013.
• «Snowden Journalist’s New Venture to Be Bankrolled by eBay Founder». The New York Times , October 16, 2013. Retrieved October 21, 2013.
• «The extraordinary promise of the new Greenwald-Omidyar venture». Columbia Journalism Review, October 17, 2013. Retrieved October 21, 2013.
• Rice, Andrew (November 2, 2014). «The Pierre Omidyar Insurgency: How the Snowden Leaks Gave Pierre Omidyar a Cause — and an Enemy». New York Media LLC. http://nymag.com/daily/intelligencer/2014/10/pierre-omidyar-first-look-media.html. «It is possible to begin to discern Omidyar’s motivations with a little online surveillance.»

Интересные факты[править | править код]

Некоторые особо ценные предметы, проданные на аукционе eBayправить | править код

1. 340-летняя рукопись Шекспира (Prince of Tyre), пережившая великий пожар Лондона в году (£5 млн)
2. Самолет Grumman Gulfstream II ($4,9 млн)
3. Желтый McLaren F1 1993 года ($1,7 млн) (в мире существует только один желтый McLaren F1)
4. Бейсбольная карточка Хонуса Вагнера (англ. Honus Wagner) 1909 года ($1,65 млн)
5. Курорт Даймонд Лейк, в западном Кентукки, США ($1,2 млн)
6. Ferrari Enzo ($975 000, декабрь )
7. Бита известного беисболиста Джо Джексона «Black Betsy» ($577 610)
8. Партия в гольф с легендарным гольфистом Тайгером Вудсом ($425 000)

Крупнейшие предметыправить | править код

Одним из крупнейших предметов, проданных на аукционе eBay, является субмарина времен второй мировой войны, проданная небольшим городом в Новой Англии, когда городские власти решили, что больше не нуждаются в подобной реликвии.

Крупнейший неудавшийся аукционправить | править код

Одним из крупнейших предметов, когда-либо выставленных на аукцион, был списанный авианосец. Лот был создан анонимным продавцом из Бразилии на eBay Motors.

Необычные предметыправить | править код

• В июне , Karolyne Smith продал право навсегда вытатуировать чью-либо рекламу на своем собственном лбу за $10,000.
• В мае , Volkswagen Golf, ранее принадлежавший кардиналу Йозефу Ратцингеру (за месяц до этого избранного папой римским Бенедиктом XVI) был продан за €188,938.88. Покупателем стало казино GoldenPalace.com
• В 2004, мужчина из Сиэттла продал собственную фотографию, на которой он был одет в свадебное платье своей бывшей жены. К своему немалому удивлению, он получил за этот снимок значительно больше, чем рассчитывал. Сначала он хотел просто продать платье, чтобы выручить за него немного денег на покупку билетов Seattle Mariners, однако ставки превысили несколько тысяч долларов, а сам продавец получил немало предложений руки и сердца от покупателей.
• В сентябре 2004, владелец MagicGoat.com продал содержимое своей мусорной корзины учителю искусств средней школы, ученики которой написали эссе об этом мусоре.
• 50,000-летний мамонт. Гигант был выставлен на продажу в году своим немецким владельцем из-за недостатка места для его хранения, и был продан за £61,000. Эксперты подтверждают, что это один из наиболее сохранившихся скелетов мамонта в мире, содержащий 90 % оригинальных костей.
• Хозяин Cockeyed.com продал рекламное место на своем сайте, равное одному пикселю, на 21 день за $100 .
• Вода, которая, как утверждалось, осталась в чашке Элвиса Пресли, которую он взял с собой на концерт в Северной Каролине в , была продана за $455.

Life after graduation

Immediately after receiving the diploma, Pierre Omidyar started looking for a job. The guy was well versed in many areas of programming, so he did not have to search for a vacant place for long: he was accepted by the developer of user applications for Claris, which at that time was a branch of a large Apple corporation. The work was interesting and exciting, Pierre found exactly what he dreamed of. Within the company he wrote his first professional software product MacDraw. Soon Omidyar realizes that he gets more pleasure from the «creation» of his own programs than from the development of client applications that are made according to the template. This was the first hint that Pierre does not want to work for someone for a fixed salary.

Pierre Omidyar: biography and family

Living in San Francisco, a successful programmer met his future wife Pamela Wesley, who at that time was a graduate student at the University of Golden Gate. The couple began a romantic relationship, and soon they created a family. Today, Pierre and Pamela raise three children.

One day Pamela told Pierre that she was collecting boxes from candies. At that time it was popular. The girl complained to her boyfriend that she can not purchase a new collection kit because she does not know who can sell or exchange something else for her old boxes. Then the fanatical programmer and just a guy in love set out to help Pamela. He did not think for a long time and developed a special software for his personal website, through which it would be possible to organize the purchase and sale of various things in the online mode. It was a revolutionary idea, because Pierre created not just an online store or bulletin board, but an entire auction! A few weeks later, people began to visit the site and display their lots. Initially it was a non-commercial project. But soon the Internet provider Pierre Omidyar presented him with an additional bill for the fact that the site AuctionWeb.com (later renamed to eBay.com) occupies a significant part of the traffic, so the young businessman began to charge users a certain amount of money. Every day thousands of new users came to the site. A simple idea became the embodiment of a whole project, which in the future brought incredible success. A year later, Pierre gave his lover a rare example of a candy machine, which he found in the museum of the state of Denver.

Exclusive interview of Pierre Omidyar — Founder of eBay Inc

21 related questions found

Why is eBay so successful?

eBay’s success is attributed to its unique business plan: allowing individuals or businesses to list new or used items for auction for a very low fee. … Yet, the auction attracted many bids and the broken laser pointer sold for something like $15. Those results were typical for many buyers and sellers.

Is eBay safe to buy from?

For Buyers – eBay is very safe. Their platform combined with PayPal’s protection is one of the safest places for buyers to purchase anything. … Sellers need to do their due diligence before selling anything on the platform since eBay almost always sides with the buyer when things go wrong.

What was the first thing sold on eBay?

Mark Fraser purchased the first item that eBay founder Pierre Omidyar listed on the site in 1995: a broken laser pointer.

Who is CEO of eBay?

Ebay president and CEO Jamie Iannone joins «Squawk on the Street» to discuss the company’s Q1 results as well as advertising success and category growth.

Who owns PayPal now?

After watching PayPal become the premier choice of Internet auction shoppers, online marketplace giant eBay acquired PayPal for $1.5 billion in October 2002.

Is eBay declining?

EBay Inc. reported a decline in active buyers in the latest quarter and projected lower-than-expected revenue in the current quarter, in another sign of softening e-commerce trends. The online marketplace reported 159 million active buyers for the June quarter, a 2% decline from a year earlier.

How successful has eBay been?

eBay is very successful, whereby the company has been profitable and had attracted more than 233 million users by 2006 It has operations in 32 countries. In 2005, eBay users listed 1.8 billion items in auctions. … One of the most successful parts of the company is that it is fully automated.

How did eBay get big?

In early 1996, eBay had grown to become a million dollar business and its first president, Jeffrey Skoll was brought aboard to steer the e-commerce company to higher growth. EBay soon branched out, selling plane tickets via a third-party licensing deal. By 1997, eBay had crested two million auction transactions.

Why eBay is a good website?

One of the many benefits to shopping on eBay is that you have a number of sellers to do business with. As it was previously mentioned, eBay allows all internet users to sell items that they no longer need or want to own. … It is also important to note that eBay is easy to use.

Has eBay been hacked 2021?

14 million alleged Amazon and eBay account details sold online. An unknown user was offering the data of 14 million Amazon and eBay customers’ accounts for sale on a popular hacking forum. The data appears to come from users who had Amazon or eBay accounts from 2014-2021 in 18 different countries.

Why can’t eBay pay with PayPal 2021?

The managed payments system means that PayPal fees will no longer be added to the process, though eBay has made its own fees slightly higher. But the company claims most people will pay the same as — or less than — before. … The old system was 10% for eBay, plus PayPal’s fees, plus 30p.

Who is eBay replacing PayPal with?

EBay said it will eventually replace PayPal with a Dutch firm called Adyen as its primary payment processor, more closely integrating payments on its site. The online marketplace expects to have mostly completed the move by 2021, and PayPal will still be offered as a way to pay at checkout until July 2023.

Is eBay still popular 2020?

eBay is still one of the most popular options for listing and selling items quickly. … Just over 10 percent of all retail sales are via ecommerce, and sales are projected to reach $4.5 trillion in 2020. This is a small fraction of overall retail sales, but the numbers are growing.

Who Invented eBay?

After spending Labor Day weekend at home writing code on his personal computer, eBay founder Pierre Omidyar launches AuctionWeb, a site «dedicated to bringing together buyers and sellers in an honest and open marketplace.»

Секреты успеха от Пьера Омидьяра: главные уроки от eBay

Пьер Омидьяр достиг многого благодаря тому, что изначально шел по своему собственному пути:

Если вы начинаете с мысли лишь получить большую прибыль, ничего толкового у вас не выйдет

Я был влечен идеей создать интересную бесплатную платформу для коллекционеров-единомышленников.
Мы стали популярными благодаря двум важным вещам: «на eBay можно купить все» + «на eBay всегда доступные цены».
В бизнесе важно быть первым. У нас много крупных и серьезных конкурентов, но они лишь копируют нашу идею.
Даже если вам кажется, что люди, которых вы уважаете, знают, о чем говорят, — не позволяйте говорить вам, что то или иное невозможно

Скорее всего, они считают так просто потому, что им не хватило смелости попробовать это реализовать. 
Работа в команде отвадила меня от ненужного перфекционизма: если другие выкладываются не на 100 %, а на 80 % — это все равно круто! Потому что их 5, а 5 раз по 80 % — это значительно больше, чем мои 100 %.
Организуя что-либо, важно помогать людям раскрывать свои персональные способности, но именно через связи друг с другом.
Начинать бизнес нужно с убеждения, что все люди хорошие. Без определенной степени доверия ничего не склеится. Быстрее преодолевайте свое недоверие к незнакомцам — и вы не будете разочарованы: они будут делать для вас по-настоящему замечательные вещи.
Если бы мне нужно было выбрать единственную идею, которую я мог бы донести до людей в будущем, то я бы сказал вот что: принимайте индивидуальность, расширяйте возможности личности. 

В наши дни Пьер Морад Омидьяр известен не просто как создатель eBay и один из самых богатых людей мира. Предприниматель вместе с женой создал благотворительный фонд Humanity United по борьбе с работорговлей и филантропический инвестфонд Omidyar Network. Мы в https://lindeal.com уверены, что этот человек безусловно входит в число self-made — личностей, которые целиком и полностью сделали себя сами. В случае с Пьером это небывало успешная бизнес-модель на основе высоких технологий — онлайн-аукцион, универсальный маркетплейс глобального охвата, где можно купить буквально все.

Pierre Omidyar Charity

35. Investment for the Eradication of Human Trafficking

Both Pierre and his wife Pamela are the biggest private contributors towards the eradication of human trafficking.

To date they have invested $115 million to this cause in five different countries.

36. Donation to create the Omidyar-Tufts Microfinance Fund

Omidyar Network, which is formed by Pierre and Pamela, donate $100 million to the institute from where they have graduated, in order to create the Omidyar-Tufts Microfinance Fund.

These funds are aimed at supporting university programs and the facilitation of the microfinance industry.

Not only that, Pierre and his wife actively participate in philanthropic causes across the state of Hawaii, where they currently reside.

37. Omidyar Network’s Aim is Social Uplift

The Omidyar Network’s aim is social uplift.

However, the way the network achieves this aim is quite interesting.

Even though philanthropy is the main focus, Omidyar and his organization believe in catering to multiple aspects of a society that bring about change.

To date, the organization has donated $270 million to companies that work towards economic advancement and uplift by empowering individuals.

38. Omidyar Heartwarming and Selfless Charitable Contributions

The largest ever microfinance fund that is given to Tufts University by the Omidyar Network aims to eradicate poverty in various areas and countries of the world.

Not only does Omidyar benefit his university, his charitable contributions have been heartwarming and selfless for the rest of the world as well.

39. Pledge to Spend 1% of Assets to Charity in the Next 20 years

Omidyar and Pamela’s charity work is widespread and astounding, the spirit of philanthropy and social work is dominant in this couple.

Apart from spending money for poverty eradication and funding uplift through the Omidyar Network, the two have pledged to spend all but one percent of their assets to charity in the next 20 years.

40. Other Charitable Works

Apart from the Omidyar Network, Omidyar and Pamela have also invested in a number of other charities such as HopeLab, Humanity United, and Ulupono Initiative.

Their selflessness has been a thread of hope and consolation to millions of families around the globe.

41. Humanity United Supports 85 Nonprofit Organizations Worldwide

Humanity United has received millions of dollars in donation against slavery and also extends further support to 85 such nonprofit organizations worldwide.

42. Member of the Giving Pledge Organization

As mentioned previously, the Omidyar Network has been a constant contributor to uplifting social standards throughout the world.

In the same breath, Omidyar is a member of the Giving Pledge Organization and ranks 19th on it, according to the amount he has donated to charity.

Antitrust activism and criticism of big tech

He has bankrolled groups like the anti-monopoly think tank Open Markets Institute and the digital rights group Public Knowledge Project, in the fight against the big tech companies, which he criticizes as overly powerful and destructive to democracy.
His advocacy and philanthropic investment firm the Omidyar Network, distributed widely read papers laying out the antitrust cases against Facebook and Google. In February 2021, his network hosted a series on whistleblowing, and is now providing financial support to Facebook whistleblower Frances Haugen.
Omidyar has given funding to the Center for Humane Technology, whose head of public affairs is Haugen’s top PR representative in the US.