Travis Kalanick

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What’s Travis Kalanick’s Net Worth? Investigate His Net Worth

Travis Kalanick

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The long-awaited anthology drama series Super Pumped, based on the extraordinary rise and fall of former Uber CEO Travis Kalanick, will air on Showtime on February 27, 2022.

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Joseph Gordon-Levitt, star of The Dark Knight Rises, will portray former Uber CEO Travis Kalanick in the premiere episode of the new series The Battle for Uber.

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This engrossing drama series, created by Brian Koppelman and David Levien, also features Kerry Bishé, Babak Tafti, Uma Thurman, Elisabeth Shue, Kyle Chandler, and a host of other great actors.

It is based on the best-selling book ‘Super Pumped: The Battle for Uber’ by Mike Isaac. According to rumors, Quentin Tarantino would serve as the first season’s narrator.

An Examination of Travis Kalanick’s Net Worth

The first episode of the new drama series Super Pumped focuses on Travis Kalanick, who is well-known as Uber’s controversial co-founder and former CEO. As of November 2022, he is an American entrepreneur with a net worth of $3 billion.

In 2009, Kalanick co-founded Uber, a smartphone application for requesting rides and peer-to-peer vehicle rentals in large metropolitan areas.

The company now operates in hundreds of cities around the world, and the model has been adopted by a large number of other ridesharing businesses.

The remarkable success of the company pushed Travis Kalanick to become one of the most powerful and controversial CEOs in the tech world.

Uber won a large funding round valued at around $18.2 billion in June 2014. The investment reached $1.6 billion in funding from several sources, with Fidelity Investments being the most significant.

At that valuation, Kalanick became a billionaire for the first time, with an implicit ownership stake of approximately 5.55 percent. At its peak, the private company Uber was valued at up to $120 billion. On paper, Travis Kalanick’s net worth was now approximately $6 billion.

In June 2017, Kalanick, the subject of the Showtime documentary, was forced to resign from his prominent position as CEO of the company due to an onslaught of problems. Uber has been beset by difficulties for more than a year.

Shortly after leaving his key position in the company, Travis Kalanick sold Softbank, a Japanese investment juggernaut, approximately 30 percent of his shares for $1.4 billion.

According to Celebrity Net Worth, this sale, combined with other private transactions, formally made Kalanick a billionaire with liquid assets.

On May 10, 2019, the company became publicly traded. Uber was valued at approximately $77 billion after the deal. The remaining Uber shares of Kalanick were valued at approximately $4.9 billion.

Additionally, he sold approximately 3.7 million shares during the IPO, netting nearly $170 million in cash. The former CEO of Uber stated in December 2019 that he was leaving the company permanently.

Additionally, he claimed to have sold approximately 90% of his stock. The sale of Kalanick’s shares netted him approximately $2.7 billion.

On December 4, 2020, Uber’s stock was valued at more than $54 a share, representing a significant improvement in the company’s future prospects.

On February 27, 2022, Showtime will premiere Super Pumped: The Battle for Uber, which chronicles the stunning rise and fall of Uber’s former CEO.

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