Garrett Camp is a famous Canadian businessman who is best known for co-finding Uber, which is a car service and which can be availed through a mobile application. He has also co-founded StumbleUpon and has also formed Expa which serves as a new opportunity for the future companies. He believes that it is important to take calculated risks in order to grow into a successful businessman. Let’s find out how much the net worth of Garrett Camp is in 2018.
Early Life & Biography:
Being born to an artist mother and an economist father on October 4, 1978, Camp grew up in Calgary, Canada where his parents decided to change their careers in order to build houses, and it is acclaimed that Camp inherited his parent’s passion towards entrepreneurship. After he finished school, Camp attended the University of Calgary in 1996 and got a degree in electrical engineering.
When he was in his junior year, Camp moved to Montreal and worked as an intern at Nortel Networks where his job was working on speech recognition technology. While he stayed in Montreal, he attended a few courses at Concordia University. He later, in 2000, finished his degree and then he started working towards his Master’s degree in Software Engineering. He further researched on evolutionary algorithms, collaborative systems and information retrieval.
Last year, Camp married to Jordan Wyman, who was his childhood love, on June 3rd. They were junior high school heartthrobs, and Camp proposed to her in a clichéd way on a Christmas night, and their wedding took place in Liberty Hill British Church.
Career, Awards & Nominations:
While studying at the university, Camp found StumbleUpon in 2002 which was a discovery engine that helped people find sites that are more inclined towards their interest. The company became a huge success, and it gained the interest of the Silicone Valley angel investors where it moved to San Francisco when it received the initial funding. In 2009, Camp, along with Travis Kalanick, found the now famous Uber which is a transport service and is available through mobile application. The business expanded to major cities like Chicago, New York and Washington, D.C. In 2013, he found Expa which works with the startups in order to increase the new businesses’ prosperity.
He was named as one of the Tech’s Best Young Entrepreneurs by the Bloomberg Business week in 2008. In 2013, for his success at both StumbleUpon and Uber, he was honoured with the Tribeca Disruptive Innovation Awards.
Net Worth & Earnings:
The successful innovator is said to have an estimated net worth of $5 billion. When Camp found Uber, the company had received $200,000 in the seed funding, and in 2010, they raised $1.25 million, which was in additional funding. By 2015, Uber was estimated to be of $50 billion.
Camp is one of the best technology innovators in the recent years, and he definitely sets an example to those who wish to try their hand at the technology sector.