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The revenue soon outstripped his salary at General Magic and nine months later, Omidyar decided to dedicate his full attention to his new enterprise.Д«y 1996, when Omidyar signed a licensing deal to offer airline tickets online, the site had hosted 250,000 auctions. Omidyar incorporated the enterprise the small fee he collected on each sale financed the expansion of the site. The business exploded as correspondents began to register trade goods of an unimaginable variety. Omidyar was astonished that anyone would pay for a broken device, but the buyer assured him that he was deliberately collecting broken laser pointers. The first item sold on the eBay site was a broken laser pointer. His website also had a section devoted to the Ebola virus, among other topics. The service was originally one of several items on Omidyar's website. On Labor Day, Monday, September 4, 1995, he launched an online service called Auction Web, which would eventually be developed as the auction site eBay. He created a simple prototype on his web page.

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In 1995, at the age of 28, Omidyar began to write the original computer code for an online venue to enable the listing of a direct person-to-person auction for collectible items. Microsoft acquired eShop on June 11, 1996, for less than $50 million, and Omidyar earned $1 million from the deal. In 1991, he co-founded Ink Development, a pen-based computing startup that later was rebranded as an e-commerce company and renamed eShop Inc. He worked with the team that upgraded MacDraw to MacDraw II. Shortly after studying at Berkeley, Omidyar started working for Claris, an Apple Computer subsidiary. in computer science in 1988, and the University of California, Berkeley. He studied at Tufts University, graduating with a B.S. Andrew's Episcopal School, Potomac, Maryland. His interest in computers began while he was a ninth-grade student at The Potomac School in McLean, Virginia. (He now serves on its Board of Trustees). Omidyar attended Punahou School in Honolulu for a couple of years. He now practices in Aliso Viejo, California. After immigrating with his family to the United States when Omidyar was a child, the father worked as a urologist at Johns Hopkins University in Baltimore, Maryland. 1934), completed medical education and training in France and is a surgeon. His mother, ElahГ© Mir-Djalali Omidyar, who earned her doctorate in linguistics at the Sorbonne, is an academic. Omidyar was born in Paris, the son of Iranian parents who had immigrated to France for higher education.

8 Antitrust activism and criticism of big tech.

In 2013, he announced that he would create and finance First Look Media, a journalism venture to include Glenn Greenwald, Laura Poitras, and Jeremy Scahill. Since 2010, Omidyar has been involved in online journalism as the head of investigative reporting and public affairs news service Honolulu Civil Beat. Omidyar and his wife Pamela founded Omidyar Network in 2004.ДЇorbes ranked Omidyar as the 24th-richest person in the world in 2021, with an estimated net worth of $21.8 billion.

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A technology entrepreneur, software engineer, and philanthropist, he is the founder of eBay, where he served as chairman from 1998 to 2015.

Pierre Morad Omidyar (born Parviz Morad Omidyar, June 21, 1967) is a French-born Iranian-American billionaire.

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