Read the complete write-up of Naval Ravikant net worth, age, education, books, wife, children, assets and liabilities as well as other information you need to know.
Introduction
Naval Ravikant is an Indian-American entrepreneur and investor. He is the co-founder, chairman and former CEO of AngelList. He has invested early-stage in over 200 companies including Uber, FourSquare, Twitter, Wish.com, Poshmark, Postmates, Thumbtack, Notion, SnapLogic, Opendoor, Clubhouse, Stack Overflow, OpenDNS, Yammer, and Clearview AI, with over 70 total exits and more than 10 Unicorn companies. Ravikant is a Fellow of the Edmund Hillary Fellowship. He is also a podcaster who shares advice on pursuing wealth and happiness.
Early life
| Name | Naval Ravikant |
| Net Worth | $60 million |
| Profession | Investor |
| Height | 1.71m |
| Age | 48 years |
Naval Ravikant was born on November 5, 1974 (age 48 years) in New Delhi, India. He moved to New York with his mother and his brother, Kamal, when he was 9. He graduated from Stuyvesant High School in 1991. In 1995, he graduated with degrees in Computer Science and Economics from Dartmouth College. In college, he interned at international law firm Davis Polk & Wardwell. After graduating from Dartmouth College, Naval had a brief stint at Boston Consulting Group before heading to Silicon Valley.
Career
Ravikant co-founded consumer product review site Epinions in 1999. They raised $45 million in venture capital from Benchmark Capital and August Capital. In 2003, Epinions merged with comparison pricing site Dealtime with the approval of Ravikant and the other co-founders that had left the company—even though it meant valuing their shares at zero.
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The merged company became Shopping.com which held an IPO in October 2004. After its first day of trading, it was worth $750 million. In January 2005, Ravikant and three of his co-founders filed a lawsuit against Benchmark, August Capital, their co-founder Nirav Tolia who remained at Epinions after his co-founders’ departures claiming that—to get their approval for the merger—they were misled to believe that at the time of the merger, the company was worth “$23 million to $38 million”, less than the $45 million that they had raised in outside capital, making their shares worthless. The lawsuit was settled in December 2005.
Around 2007, Ravikant started a $20 million early stage venture capital fund named “The Hit Forge”. Hit Forge invested in prominent startups including Twitter, Uber and Stack Overflow.
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In 2007, Ravikant began co-writing a blog called Venture Hacks, which “offered detailed advice on negotiating term sheets, explained which sections mattered, and which provisions were bogus.” That blog evolved into AngelList, which Ravikant co-founded in 2010, as a fundraising platform for startups to raise money from angel investors. AngelList also operates Product Hunt.
In 2014, Ravikant co-founded MetaStable Capital, a cryptocurrency hedge fund that owned Bitcoin, Ethereum, Monero and a number of other cryptocurrencies. A June 2017 regulatory filing reported its assets as $69 million. Investors in the fund include Andreessen Horowitz, Sequoia Capital, Union Square Ventures, Founders Fund and Bessemer Venture Partners.
In 2017, Naval launched Spearhead, an investment fund which raised $100m for its third fund to provide founders with $1m each to invest in technology companies as angel investors. The first two classes of Spearhead include founders from 35 companies. Together, these companies are worth over $10B, and four of them are unicorns. The companies include Neuralink, Opendoor, PillPack, Shippo (company), Rippling and Scale. Previous Spearhead leads include Shippo co-founder and chief executive officer Laura Behrens Wu, Scale AI founder and CEO Alexandr Wang and Rippling co-founder and chief technology officer Prasanna Sankar.
Wife
Naval Ravikant is married to Krystle Ravikant, they have children together. Ravikant and his wife Krystle got married in 2013. However, Naval runs a short-form podcast at Nav.al and Spearhead.co where he discusses philosophy, business, and investing. He has also been a podcast guest on The Joe Rogan Experience, The Tim Ferriss Show, Coffee with Scott Adams, The James Altucher Show and Farnam Street among others.
Naval Ravikant net worth
How much is Naval Ravikant worth? Naval Ravikant net worth 2023 is estimated at around $60 million. His main source of income is from his private business. He is one of the richest investors from India. However, Ravikant is not a billionaire but has transact investments worth billions. Eric Jorgeson curated Naval’s tweets, essays, and interviews on wealth and happiness, then published it as a book called ‘The Almanack of Naval Ravikant’. Tim Ferriss wrote the foreword for it. Ravikant chose not to make money from it. It can be downloaded online for free. Ravikant has a chapter giving advice in Tim Ferriss’ book, Tools of Titans.