Gurbaksh Chahal Net Worth 2024

What is Gurbaksh Chahal’s net worth?

Gurbaksh Chahal is an award profitable Entrepreneur and writer who has a net worth of $100 million. Gurbaksh Chahal is an Internet entrepreneur who has based plenty of internet advertising corporations. After promoting his first firm and turning into a millionaire on the age of 18, he launched such on-line networks as BlueLithium, RadiumOne, and Gravity4.

Gurbaksh Chahal was bullied at college and dropped out at 16 to begin his personal enterprise, ClickAgents. ClickAgents was an promoting community targeted on performance-based promoting that quickly was incomes lots of of 1000’s of {dollars} a month. Two years later, ValueClick acquired ClickAgents in an all-stock merger valued at nearly $40 million. Chahal was 18 years previous and a millionaire with out a highschool diploma. He removed the turban, bought a classy haircut, purchased himself a Lexus, paid off his dad and mom’ mortgage, and started his profession as a serial entrepreneur.

In 2003, Chahal utilized to be on The Apprentice. His software was rejected, so the 21-year-old returned to the advert tech enterprise and co-founded Blue Lithium, one other Internet promoting firm. In 2006, Yahoo purchased Blue Lithium for $300 million. Chahal walked away with $100 million.

Also in 2006, he landed his e-book deal for his memoir. He began showing on TV. He was on Oprah Winfrey’s TV present. He was featured on the Fox present “Secret Millionaire.” As part of the present, Chahal volunteered for neighborhood charities in San Francisco’s Tenderloin neighborhood, together with a battered-women’s shelter. He was named one of many world’s fittest and richest males by Men’s Health journal. He was featured on “Extra” as one of many world’s most eligible bachelors.

Chahal’s memoir ends in 2008, eight years after he offered his first firm and earlier than he appeared on Oprah.

In 2008, Chahal was engaged on an concept that might flip into RadiumOne, one other advert tech firm. RadiumOne took knowledge from social-media corporations and used it to focus on advertisements. Once once more, Chahal was proper on the forefront of the subsequent massive development in internet advertising. He raised greater than $85 million, valuing the corporate at half a billion by 2012. In 2013, Ernst and Young named Chahal one of many entrepreneurs of the 12 months. RadiumOne was on observe for an IPO–the primary one for Chahal’s corporations.

Early Life

Gurbaksh Chahal was born on July 17, 1982 in Tarn Taran Sahib, Punjab, India because the youngest of 4 youngsters of Sikh dad and mom Arjinder, a nurse, and Avtar, a police officer. His siblings are Taj, Nirmal, and Kamal. Following the Khalistani insurgency in India, his dad and mom immigrated to the US in 1985. Chahal lived together with his grandmother earlier than becoming a member of his dad and mom within the US the next 12 months. The family resided in San Jose, California, the place Chahal went to Independence High School as a youngster. He in the end dropped out, nevertheless, to pursue his Internet promoting profession.

Career Beginnings

After being turned down from a job at McDonald’s, Chahal began buying and reselling second-hand printers on eBay. His subsequent enterprise enterprise was shopping for the domains Dell.internet and HP.internet and providing to promote them again to their corporations for 1000’s of {dollars}. Ultimately, he was pressured to offer the names again after receiving cease-and-desist letters.

ClickAgents

Chahal had his first enterprise success in 1998 when he created the internet advertising firm ClickAgents. Focused on performance-based promoting, it was one of many first pay-per-click networks launched on the Internet. In 2000, Chahal offered ClickAgents to ValueClick for near $40 million, making him a millionaire in a single day.

BlueLithium and MingleNow

In 2004, Chahal concurrently launched the internet advertising firm BlueLithium and the social community MingleNow. BlueLithium specialised in focused promoting, and ultimately bought AdRevolver. It quickly grew into the fifth greatest promoting community within the United States. In 2007, the corporate was offered to Yahoo! for $300 million.

gWallet and RadiumOne

Chahal’s subsequent Internet enterprise was gWallet, which he launched in 2009. The firm partnered with sport and model builders to supply digital forex provides to customers, and hosted video campaigns for such main corporations as Disney, Nestlé, and Best Buy. In 2010, Chahal based one other Internet promoting firm known as RadiumOne. Beginning as a loyalty and rewards program, the corporate ultimately transitioned to a targeted-advertising community after its buy of a number of social media startups. At the height of its success, RadiumOne was valued at round $500 million. The firm was later acquired by RhythmOne in 2017.

Further Internet Ventures

In 2014, Chahal based Gravity4, one other of his corporations targeted on focused promoting. Additionally, it made a foray into the AI sector and began a blockchain advertising cloud. Following a failed try to purchase again Chahal’s RadiumOne in 2017, Gravity4 shut down. A few years later, Chahal based the tech incubator TaaraLabs, which works within the areas of AI and IoT. He additionally based RedLotus, a Hong Kong-based firm targeted on AI-generated focused promoting. Next, in 2020, Chahal launched ProcureNet, a subsidiary of VendorCloud that provides prescription drugs and vaccines.

Philanthropy

On the philanthropic aspect of issues, Chahal runs his personal charitable basis. Among its actions, the muse offers tutorial scholarships, catastrophe aid, and help to households of hate crime victims. It additionally works to curb youngster trafficking in India. In his different philanthropic efforts, Chahal donated face masks, check kits, and ventilators to quite a few hospitals in Asia throughout the COVID-19 pandemic in 2020.

Personal Life

Chahal started relationship Canadian actress and Punjabi movie star Rubina Bajwa in 2019. The pair bought engaged in 2021 in San Francisco. Chahal resides in Hong Kong.