Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

#239 Garrett Camp $6.65B

Random fact: Microsoft invested in Uber in July 2015.

Overview

Camp is the co-founder and chairman of Uber Technologies, a closely held mobile car-booking service that competes with taxicab operators in more than 500 cities worldwide. The San Francisco-based company is the world's most highly valued startup, raising $1 billion at a $68 billion valuation in a July 2016 financing round.

As of July 20, 2017:
Last change No change
YTD change No change
Industry Technology
Biggest asset Uber Technologies
Citizenship Canada
Age 38
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Garrett Camp's net worth of $6.65B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
0%
of the total wealth of the 500 richest people in the world
0%
of the top 100 U.S. college endowments
0%
of the top 200 U.S. executives’ total awarded compensation
0%
of U.S. existing home sales
0
times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

Camp's fortune is derived from the 12 percent stake he's calculated to own in closely held mobile car-booking service Uber Technologies. The stake is valued using the $68 billion valuation ascribed to the company during its July 2016 fundraising round. It's the world's most valuable startup, according to researcher CB Insights.

Uber's founders own 23 percent of the company, according to an analysis by Equidate, a marketplace for shares in startups. Camp and Travis Kalanick are each credited with 12 percent of the San Francisco-based company to reflect their status as co-founders. A discount of 15 percent is applied to account for typical discounts that similar startups attract on the secondary market, according to two brokers who asked not to be identified because the information is private.

Kalanick and Camp's stake was calculated to be 9 percent prior to Oct. 29, 2016, based on Uber's certificate of incorporation filed in Delaware on Feb. 8, 2015, and obtained by VC Experts, a private capital market data provider.

Uber didn't respond to e-mailed requests for comment on Camp's net worth.

Biography

Birthdate: 10/4/1978
Family: Unknown, No children
Education: University of Calgary, Master's Degree

Garrett Camp was born in Calgary to an artist mother and an economist father who later became home builders, according to an interview he gave to the New York Times in 2011. He enrolled at the University of Calgary to study electrical engineering in 1996, dropped out after his junior year and moved to Montreal to intern at Nortel Networks, working on speech recognition technology. He returned to Calgary to finish the degree four years later.

Camp started web discovery platform StumbleUpon with three friends while still attending graduate school in 2002. They relocated the company to San Francisco and sold it to eBay for $75 million in 2007. He bought the company back with a group of investors two years later.

He co-founded mobile car-booking service Uber with Travis Kalanick in 2009. It debuted as an iPhone application in June the following year. The company has faced controversies and legal challenges in several cities around the world including New Delhi, where a driver was convicted of raping a passenger in December 2014. The company commissioned a probe into workplace violations in 2017 after allegations of harrassment, discrimination and potential criminal activity.

Garrett Camp lives in San Francisco where he is also involved with Expa, a startup studio that funds the design and development of new companies.

Milestones
  • 2000 Graduates from the University of Calgary.
  • 2007 Sells StumbleUpon to eBay for $75 million.
  • 2009 Co-founds Uber with Travis Kalanick.
  • 2009 Buys StumbleUpon back from eBay.
  • 2013 Forms startup studio Expa.
  • 2014 Funding round values Uber at $17 billion.
  • 2014 Uber raises $1.2 billion at a $40 billion valuation.
  • 2016 Rival Didi buys Uber's China operations.