Nirav Tolia is the co-founder and CEO of Nextdoor, a hyperlocal social networking site that is popular in most American communities. He is best known as a serial Entrepreneur
He formerly held leadership positions at companies like Round Zero, Epinions, and Shopping.com. Additionally, he frequently appears on Shark Tank on ABC.
What is the Net Worth of Nirav Tolia?
Nirav Tolia has a Net worth of $75 Million. He earned his wealth as Entrepreneur and from investments. He also earns money from several different sources.
Sources of Income
Entrepreneur
Businessman
CEO
Advisor
Investor
How much does Nirav Tolia Earn?
Monthly Earnings – $0.5 Million
Yearly Earnings – $5million
Net worth in the last 5 years
| 2022 | $75 million |
| 2021 | $50 million |
| 2020 | $45 million |
| 2019 | $40 million |
| 2018 | $32million |
Nirav Tolia Bio
| Name | Nirav Tolia |
| DOB | 1973 |
| Birth place | Odessa , Texas ,USA |
| Parents | Nalin Tolia and Kamal Tolia |
| Profession | Entrepreneur,Investor,CEO |
| Net worth as on 2022 | $100 million |
| Education | Bachelor of Arts in English from Stanford University |
| Current companies advised. | Minted, Zillow, RealSelf Bottlenotes, and Simply Hired |
| Number of Investments | 10 |
| latest investment | Series C Palmetto Clean Technology on Feb 24, 2022 |
| Wife | Megha Tolia |
| Siblings | No |
| Children | 3 |
| Nationalty | American |
| Height | 1.6m approx |
| Weight | 70 kgs approx |
Early life
Nirav is a first-generation American in his family, according to Exact Net Worth. His parents are American citizens who originally hail from India and settled in Texas. The parents are both medical professionals. In Odessa, Texas, they resided in an Indian-American neighbourhood.
In 1973, Nirav was born. He attended neighbourhood schools, earned his high school diploma, and enrolled at Stanford University. High-speed internet was available in his dorm room, giving him his first taste of the affluence.
He received his BA in English from Stanford. He became interested in the potential uses of the internet as a resource for business after having some experience with it. He has many business venture ideas because of his entrepreneurial attitude.
The estimated net worth of American businessman and entrepreneur Nirav Tolia is $50 million. He is well recognized among his coworkers and business associates for serving as the CEO and co-founder of the Nextdoor firm.
Entrepreneurs frequently become multimillionaires, but $50 million is a significant amount of money. We were intrigued as to how Tolia had been able to prosper financially. We looked into his professional background to discover his formula for success and to find out more about how he accumulated his wealth.
Career
When Yahoo was still a young startup, the entrepreneur was extended an invitation to join. Nirav concurred and formally joined the business as its 84th employee. While he was there, Yahoo quickly expanded and hired more than 10,000 people.
His LinkedIn page states that they recruited him as a surfer and assistant producer in May 1996. He worked there for the following three years before starting his own business.
In June 1997, he co-founded a company named ZeroRound, serving as President. Before quitting the company in June 2002, he worked there for five years. In April 1999, he co-founded Epinions.com while still in charge of ZeroRound.
He worked as CEO and Vice President of Marketing and Business Development. Tolia joined Shoppng.com in April 2003 as the Chief Operating Officer for eBay Ads and left in July 2004.
From January 2008 to the end of 2007, he served as an Entrepreneur in Residence with Benchmark Capital, completing a six-month program.
He served as the CEO of Fanbase.com, which he co-founded in January 2008 as a result of this experience. For three years and one month, he was employed there. From September 2019 to June 2020, Nirav Tolia will serve as a visiting educator in Florence, Italy.
From May 2021 until February 2022, he kept his full-time job at Stanford in Palo Alto, California, serving as a member of the Stanford Ethics Society and the Technology Task Force.
At the school, he instructed three courses. He co-founded Nextdoor in September 2010 and led it as CEO until December 2018, when he departed the organisation after eight years and four months.
Nirav stayed on as a board member and is now a member of the board of directors after working for Nextdoor for almost twelve years. On May 27, 2016, he was granted a patent for his method of creating and displaying recommendation counters for social network conversations.
Nirav has made guest appearances on Shark Tank since 2021. Since 2004, he has also served as an investor and counselor to start-up internet businesses. He has been actively involved as an investor for over 18 years.
In September 2021, Tolia was appointed executive chairman of Hedosophi in London, England, and held the position until the present. Tolia continues to work hard, develop businesses, and achieve achievement after success even though he is not required to work. For him, it’s a way of life.
He has invested in numerous new businesses. At least some of them will continue to grow and expand, resulting in success and a respectable return on investment.
His first online encounter at Stanford University served as the catalyst for the founding of Nextdoor, a personal social network that expanded internationally to eleven nations. Despite leaving the company in 2018, he continues to be a co-founder and director.
Nirav Tolia is a serial entrepreneur who keeps starting profitable businesses before leaving to start other ones. Many people seek his advise because it has become his MO. Tolia possesses unique abilities and qualities that are uncommon in the corporate world.
Personal life
Megha Tolia is the name of Nirav’s wife, and they were married. They are fortunate to have three kids. Although the family likes to maintain a low profile, they occasionally post images to Instagram.
They are now back at home in San Francisco, California, after taking a year off in Florence.