Dara Khosrowshahi is an Iranian-American businessman and the chief executive officer of Uber. Khosrowshahi formerly served as CEO of the Expedia Group, which operates a number of travel ticket aggregators. He previously served on the board of The New York Times Company and is currently a member of the boards of directors of BET.com and Hotels.com.
So What is Dara Khosrowshahi Net Worth, and what is his main source of income? Let’s be with FidlarMusic to learn more information about this CEO.
What About Dara Khosrowshahi Net Worth and Salary 2023?
CEO and businessman Dara Khosrowshahi is an American-Iranian with a $250 million fortune. Dara was named the new CEO of the ride-hailing company Uber on August 27, 2017.
Dara served as CEO of Expedia Group, an online travel retailer that owns a number of fare aggregators, prior to becoming CEO of Uber. Khosrowshahi previously served on the board of the New York Times Company and is currently a member of the boards of directors of BET and Hotels
Salary and Stock Holdings
Dara became the highest-paid CEO in the world in 2015 after receiving $94.6 million from Expedia. He earned an additional $90 million in 2016, elevating him to third place among CEOs globally.
His base pay at Uber is $6.7 million per year. Dara had vested Expedia stock options totaling $85 million when he joined Uber. When he switched from Expedia to Uber, he left unvested stock options worth between $160 and $200 million on the table. Uber promised Dara a salary package that might potentially include incentive incentives worth more than $200 million to make up for this loss.
Earlier this year, on May 10, 2019, Uber went public. A $100 million incentive is due to Khosrowshahi under the terms of his employment agreement if Uber’s valuation reaches $120 billion and stays there for at least 90 days, or if the firm is sold for that amount.
Dara Khosrowshahi’s Overview
Early Life and Career Beginnings
Dara Khosrowshahi was born in Tehran, Iran, in 1969 and moved to the United States with his family in 1978 when he was nine years old. His father, Cyrus, was an engineer, and his mother, Roxana, was a homemaker. Khosrowshahi has two older sisters, Pari and Delara.
Khosrowshahi attended Highline Community College in Washington state before transferring to the University of California, Berkeley, where he earned a bachelor’s degree in industrial engineering and operations research in 1991. He then worked for Bain & Company, a management consulting firm, for three years.
In 1996, Khosrowshahi joined Expedia, an online travel company that was then a division of Microsoft, as director of product management. He was promoted to vice president of product development in 1999 and became chief executive officer of Expedia in 2005.
Under Khosrowshahi’s leadership, Expedia grew to become one of the world’s largest online travel companies, with more than $70 billion in gross bookings in 2016. In August 2017, Khosrowshahi was named CEO of Uber, replacing Travis Kalanick.
Dara Khosrowshahi is the current CEO of Expedia and is responsible for the company’s overall direction and strategy. He has been with the company since 2003 and has played a significant role in its growth and expansion. Under his leadership, Expedia has become one of the largest online travel companies in the world.
At Expedia, Khosrowshahi has been instrumental in the company’s growth. He led the company’s expansion into new markets, such as Europe and Asia, and oversaw the acquisitions of several other travel companies, including Orbitz and Travelocity. Under his leadership, Expedia has become one of the most popular travel websites in the world.
Khosrowshahi is a strong advocate for the use of technology in the travel industry. He has been a driving force behind Expedia’s mobile app and has been working to make the company’s website more user-friendly. He is also a proponent of using data to improve the customer experience.
Khosrowshahi is a respected leader in the travel industry and is well-known for his vision and strategic thinking. He has been recognized as one of the most innovative CEOs in the world and has been named one of Fortune’s “40 Under 40.”
Dara Khosrowshahi is the current CEO of Uber. He was born in Iran and moved to the United States when he was nine years old. He graduated from Harvard University with a bachelor’s degree in engineering.
Khosrowshahi joined Uber in August 2017 after serving as the CEO of Expedia for 12 years. He was brought in to replace Travis Kalanick, who had been ousted amid allegations of sexual harassment and a toxic work environment at the company.
Khosrowshahi has made it his mission to turn Uber around, and he has made significant progress in that endeavor. He has improved the company’s relationship with its drivers, and he has also worked to make Uber a more diverse and inclusive workplace.
Under Khosrowshahi’s leadership, Uber has gone public and is now worth an estimated $70 billion. He has also steered the company through some major scandals, including the revelation that it had used software to evade government regulation.
Despite all of the challenges he has faced, Khosrowshahi remains optimistic about Uber’s future. He has said that he believes the company can be a force for good, and he is working to make that a reality.
Politics and Axios Controversy
Dara Khosrowshahi, the current CEO of Uber, has come under fire for his political beliefs and ties to the Trump administration. Khosrowshahi is a registered Republican and has donated to the Trump campaign in the past. He also has close ties to Jared Kushner, Trump’s son-in-law and senior advisor.
Khosrowshahi’s political beliefs and ties to the Trump administration have caused many to question his ability to lead Uber. The company has been embroiled in scandals in recent years, and many believe that Khosrowshahi is not the right person to fix Uber’s problems.
Some have even called for Khosrowshahi to be replaced as CEO of Uber. In an open letter to Uber’s board of directors, a group of Uber employees called for Khosrowshahi to be replaced, citing his political beliefs and ties to the Trump administration.
The letter read, in part: “We do not believe that Dara is the right person to lead Uber out of this crisis. We believe he is complicit in Trump’s agenda of hate and division.”
The letter went on to say that Uber’s employees and customers are “deeply concerned” about Khosrowshahi’s political beliefs and ties to the Trump administration.
“We are asking the Board to immediately replace Dara as CEO,” the letter concluded.
It is unclear if the board of directors will act on the letter, but it is clear that many within Uber are not happy with Khosrowshahi’s politics or his ties to the Trump administration.
Personal Life and Relatives
Dara Khosrowshahi moved to the United States with his family in 1978 when he was six years old. They settled in Tarrytown, New York. He attended Tappan Hill Elementary School and Sleepy Hollow High School.
Khosrowshahi graduated from Cornell University in 1996 with a bachelor’s degree in industrial and labor relations. He is married to Shelby Woods, and they have three children.
Why is Dara Khosrowshahi Famous?
Dara Khosrowshahi is an Iranian-American businessman who is the current CEO of Uber. He has also served as the CEO of Expedia Group from August 2005 to September 2017. Khosrowshahi was born in Tehran, Iran, and immigrated to the United States with his family when he was nine years old. He is a graduate of Yale University.
How Does Dara Khosrowshahi Make His Money?
Dara Khosrowshahi’s primary source of income is his role as the CEO of Expedia Group. He also earns income from his investments in various tech companies.
What is Dara Khosrowshahi’s Annual Salary?
Dara Khosrowshahi’s annual salary is $2 million.
How Much Does Dara Khosrowshahi Own in Expedia Stock?
Dara Khosrowshahi owns approximately $74 million in Expedia stock.
What Other Companies Does Dara Khosrowshahi Invest In?
Dara Khosrowshahi has made investments in a number of companies, including Airbnb, AppDirect, and Crossover.
Dara Khosrowshahi is a wealthy businessman with a profitable enterprise. We trust that this article will give you all the important information you require. Thanks for visiting our post.