September 18, 2024

Dara Khosrowshahi Net Worth, Salary, Current Holdings, Wife & More

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Dara-Khosrowshahi

Dara Khosrowshahi is an American businessman of Iranian descent who is currently serving as the Chief Executive Officer (CEO) of the world’s largest taxi-hailing service, Uber. Dara has a strong background in the tech and travel industries, having previously served as the CEO of Expedia. He is the only Iranian to be on the board of directors of Hotels.com, BET.com, and The New York Times Company. 

If you want to know more about this successful entrepreneur, this detailed biography of Dara Khosrowshahi’s life and career is all you need. We will look into his net worth, which reflects his success and hard work. We will also discuss his salary as Uber’s CEO. 

Additionally, we will also discuss Dara’s current holdings, including his investments and other business ventures. On a personal note, we will learn about Dara’s family life, including his wife and children. So, let’s get started!

Quick Facts About Dara Khosrowshahi

Full Name Dara Khosrowshahi 
Current Position CEO of Uber
Birth Date May 28, 1969
Birth Place Tehran, Iran
Education Brown University (BS)
Husband Sydney Saphiro
Children Four Children
Estimated Net Worth  $236 million

Dara Khosrowshahi Education and Family

Dara-Khosrowshahi

Dara Khosrowshahi was born on May 28, 1969, in Iran. He grew up in a wealthy family and lived in a mansion on his family’s estate. Dara is the youngest of three children, and his parents are Lili and Asghar (Gary) Khosrowshahi.

His family owned the Alborz Investment Company, which was involved in various industries, such as pharmaceuticals, chemicals, food, distribution, packaging, trading, and services.

In 1978, just before the Iranian Revolution, Dara’s family was targeted because of their wealth. His mother decided to flee the country. They first went to southern France, hoping to return to Iran when things got better. However, the political situation did not improve, and the Iran-Iraq war began. As a result, they moved to the United States and stayed with one of Dara’s uncles in Tarrytown, New York.

Dara’s mother had very little money and had never worked before in Iran. She started working full-time to support her children’s education. In 1982, when Dara was 13, his father returned to Iran to care for his grandfather.

Dara graduated from Hackley School, a private prep school in Tarrytown, in 1987. He then went on to Brown University, where he earned a degree in electrical and electronics engineering in 1991. During his time at Brown, he was a member of the Sigma Chi fraternity.

Dara Khosrowshahi’s Career Timeline and Current Positions

Dara-Khosrowshahi

In 1991, Dara Khosrowshahi started his career as an analyst at Allen & Company. Seven years later, in 1998, he moved on to work for Barry Diller at USA Networks, where he served as Senior Vice President for Strategic Planning and later became the president. He also worked as the Chief Financial Officer at IAC, another company owned by Diller.

In 2001, IAC acquired Expedia, and by August 2005, Khosrowshahi was appointed as the CEO of Expedia. In 2015, Expedia offered him $90 million in stock options to compensate him for a long-term employment agreement, provided he stayed with the company until 2020.

In June 2013, Khosrowshahi was honored with the Pacific Northwest Entrepreneur of the Year award by Ernst & Young. By 2016, he was among the highest-paid CEOs in the United States.

Initially, Khosrowshahi was not looking for a new job and declined the offer to apply for the CEO position at Uber when approached by a headhunter. However, after discussions with Spotify co-founder Daniel Ek in 2017, he decided to pursue the opportunity.

In August 2017, Khosrowshahi became the CEO of Uber, taking over from co-founder Travis Kalanick. He gave up his unvested stock options at Expedia, which were valued at $184 million, but Uber compensated him with over $200 million for taking the CEO role.

Current Positions of Dara Khosrowshahi

Companies Position Start
EXPEDIA GROUP, INC. Director/Board Member 2005-08-08
UBER TECHNOLOGIES, INC. Chief Executive Officer 2017-08-31
AURORA INNOVATION, INC. Director/Board Member 2021-11-01
GRAB HOLDINGS LIMITED Director/Board Member 2018-02-28
Autism Impact Fund Consultant / Advisor
Expedia, Inc. Director/Board Member
Uber Freight LLC Chief Executive Officer
Aurora Operations, Inc. Director/Board Member
UberEATS, Inc. Chief Executive Officer

Dara Khosrowshahi’s Wife and Kids

Dara-Khosrowshahi

Dara Khosrowshahi married Kathleen Khosrowshahi in 1998, but they divorced in 2009. He has two children from this marriage: a son named Alex and a daughter named Chloe. 

On December 12, 2012, he married Sydney Shapiro, a former preschool teacher and actress. Dara admired Sydney for wearing a Slayer T-shirt at their Las Vegas wedding. 

They have twin sons, Hayes Epic and Hugo Gubrit, who were diagnosed with Autism Spectrum Disorder (ASD). Dara has also spoken at events for the Autism Partnership Foundation.

Dara Khosrowshahi’s Salary and Net Worth in 2024

Dara-Khosrowshahi

As of 2024, Dara Khosrowshahi’s net worth is estimated to be around $236 million. This wealth includes his salary, stock options, and other investments. 

In 2024, Dara’s total compensation as CEO is about $42.4 million. This includes his base salary, bonuses, and stock options. He owns over 1.7 million units of Uber stock, which adds significantly to his net worth. 

Current Holdings of Dara Khosrowshahi

Company Date Number of shares Valuation Valuation date
UBER 

TECHNOLOGIES, INC.

2024-07-14 1,266,114 ( 0.06% ) 92 M $ 2024-06-29
EXPEDIA GROUP, INC. 2024-06-30 240,415 ( 0.19% ) 30 M $ 2024-06-29

Some Lesser Known Facts About Dara Khosrowshahi

  • Dara was born in Tehran, Iran, and moved to the U.S. when he was 9 years old due to the Iranian Revolution.
  • His family fled to France and then to the U.S. after the revolution. They faced financial difficulties, and his mother had to work full-time to support them.
  • He began his career as an analyst at Allen & Company, an investment bank.
  • Dara is known for his calm and composed leadership style, which has earned him high approval ratings from employees.
  • He is vocal about his political opinions and has criticized certain policies, especially those affecting immigration.
  • Dara loves traveling and adventure activities, reflecting his passion for exploring new places.

FAQs

How Much Does the CEO of Uber Make?

Dara Khosrowshahi, Uber’s CEO, earns over $40 million per year, including his base salary, bonuses, stock options, and other forms of compensation.

Who is the CEO of Uber Now?

Dara Khosrowshahi is currently the CEO of Uber. He has been leading the company since 2017.

How Much of Uber Does Dara Khosrowshahi Own?

Dara Khosrowshahi owns over 500,000 units of Uber stock, which is worth more than $113 million.

Who is the Wife of Uber CEO?

Dara Khosrowshahi is married to Sydney Shapiro. They tied the knot in December 2012.

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