ori allon net worth

window.onload = func; Investors included Advance Publications, Salesforce.com CEO Marc Benioff, and .406 Ventures. Farm Heroes Saga, the #4 Game on iTunes. j.async = true; Ori Allon is the Co-Founder & Chief Strategist at Compass. Martell now serves as the non-executive Chairman of the Board of directors at CoreLogic, supporting the company's efforts to provide real estate data and analytics services to real estate professionals, financial institutions, insurance carriers, government agencies, and other housing market participants to help people make their dream of homeownership a reality. Compass has reached a $4.4 million valuation this year, double from 2017. He has a demonstrated track record leading and innovating in successively larger and more complex roles, spanning positions ranging from marketing in Amazon's early days, to product management in Amazon's media businesses, to general management of billion-dollar retail businesses, to building and launching innovative new products and services (Amazon Echo & Alexa), to leading worldwide Prime Video. } ()); change_link = true; } Prior to that, she was at Goldman Sachs. } Dr Allon, an Israeli-Australian who earned his PhD in computer science at the University of New South Wales, co-founded New York-based Compass with former Goldman Sachs staffer Robert Reffkin. // console.log('ignore ' + all_links.href); "A compensation expert for Dorfman argued that as of June 2017 Dorfman was entitled to between 2 million and 2.2 million shares, or roughly 6 to 7 percent of the company, based on Reffkin and co . He is an engineer by trade and an entrepreneur who hails from Israel. His impressive resume also includes a stint at Twitter's New York office as its director of engineering. function external_links_in_new_windows_loop() { The brokerages co-founder and chief strategist held more than 19 million shares worth nearly $344 million at the start of trading. Hes not going to be an expert on everything all the time, but he tries to be an expert on the things that matter.. if(document.links[t].hasAttribute('onClick') == false) { [32] [12] Compass was named Mid-Sized Business of the Year by the Manhattan Chamber of Commerce in 2015. The Untold Truth Of Stray Kids Member - Hwang Hyun Bobby Flay's ex-wife Kate Connelly Wiki Bio, relat Who is Sara Ramirez husband? Jimmy Fallon is known for his work on Saturday Night. Throughout her career, Pamela served as Chief Marketing Officer and on the executive board at Credit Suisse, Group President Liz Claiborne, and President and Chief Executive Officer of both CNBC Television and CNBC.com. Discovery owns 4.5 million shares of data analysis company Palantir, for example, a stake currently valued at $107.7 million. | Compass is a real estate technology company with a powerful end-to-end . [44] Earlier in the year, the company expanded into Aspen with the acquisition of Shane Aspen Real Estate[45] as well as Los Angeles. UPDATED, April 7, 2021, 6:05 p.m.: Compass initial public offering last week made its founders and top executives millions or billions in the case of its largest investor, SoftBank Group, at least on paper. The directors are Eileen Murray, co-CEO of Bridgewater Associates and previously an executive at Morgan Stanley and Credit Suisse; former Oracle president Charles Phillips; LinkedIns CFO Steven Sordello; and Pamela Thomas-Graham, who was previously Credit Suisses CMO and CEO of CNBC Television and CNBC.com. It lost $270 million last year, down from $388 million in 2019. h = d.getElementsByTagName('head')[0], Wiki, Biography, Age, Parents, Net worth, Girlfriend, Height & More. The firm has grown to control 4% of market share of U.S. home sales by dollar volume between 2019 and 2020. s.type = 'text/javascript'; text-align: center; [28] Amar'e Stoudemire | Net Worth & Real Estate. ", raised $20 million at a $150 million valuation. Compass made $40 billion in sales this year and expects to go up to $60 billion in 2019, Alon said. Current positions of Ori Allon Compass went public on April 1, 2021 with a valuation of $8.22 billion. A real estate technology firm founded by Australian entrepreneur and rich lister Dr Ori Allon (pictured) has become a rare 'unicorn' - a start-up company valued at $1 billion or more. He made it to the Forbes billionaire's list in 2017, with a net worth of $1.1 billion, but fell off the. } Compass co-founder and executive chairman Ori Allon. [30] In July 2014, Compass raised a Series B financing round of $40 million at a valuation of $360 million, according to Bloomberg. By signing up, you agree to Pedestrian Group's Terms of Service and consent to our Privacy Policy. Past roles include Technical Advisor to Amazon CEO Jeff Bezos. .custom-menu-item a { dm.AjaxData.push({ et: et,d: d,ssid: ssid,ad: ad}); Citrones Discovery Capital Management is Compass second-largest shareholder, with a 9.2 percent stake, according to Compass S-1, filed this week ahead of its impending public offering. Mr. McCarter has also held various board positions with private companies, community organizations, and non-profit organizations including the Young Presidents Organization, a worldwide leadership community of chief executives, and the Juvenile Diabetes Research Foundation, a non-profit organization aimed at providing support to individuals impacted by type 1 diabetes. Discoverys investment was not previously reported, and the size of its stake is second only to SoftBanks, which owns nearly 35 percent of the brokerage. He envisions a service encompassing house design, moving, house checks, and a hub for local businesses. Prior to Compass Neda was the Director of Urban Systems at Sidewalk Labs, the division of Google focused on building smart cities. In other, more specific sections of the rich list,Zo Foster Blake makes her Rich List debut, coming in at fifth in the young entertainment/public figure list. Sacramento Kings take huge 2-0 lead over reigning NBA champion Warriors in Round 1 playoff series as Draymond Green is ejected for STOMPING on Domantas Sabonis, Moment female 'people smuggler', 38, FLIRTS with Texas trooper and says he's handsome before he arrests her for transporting two women from El Salvador, Philadelphia 76ers take 2-0 lead over Brooklyn in NBA playoffs as Tyrese Maxey shines with 33 points - after Nets squandered half-time lead to leave themselves with a mountain to climb in Round 1 series, Gervonta Davis and Ryan Garcia agree to bet their ENTIRE purse on result of super-fight this weekend as pair put everything on the line in Instagram Live clip - with 189,000 fans watching, Owner of limo company at center of one of America's deadliest crashes in which 20 people were killed is set to go on trial. Photo: Orel Cohen. The prospectus shows that Series D were converted into 1.02427 shares of Class A common stock. COMPASS, the Compass logo, and other various trademarks, logos, designs, and slogans are the registered and unregistered trademarks of Compass, Inc. dba Compass in the U.S. and/or other countries.Corporate Responsibility, Privacy & Legal Notices: Compass is a licensed real estate broker, licensed to do business as Compass RE in Delaware, Idaho, New Jersey, Pennsylvania and Tennessee, Compass Real Estate in Washington, DC, Wyoming and Idaho, Compass Realty Group in Missouri and Kansas, and Compass South Carolina LLC in South Carolina. We keep track of highly successful entrepreneurs and [Ori] Allon was one of them, Discovery said in a statement. } No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. His passion lies within empowering entrepreneurs to make impact through technology. Founders shares are worth a combined $558M, while CTOs shares are worth $85M, Clockwise from left: Ori Allon, Robert Citrone, Robert Reffkin and Masayoshi Son (Getty/Illustration by Kevin Rebong for The Real Deal). The Marketing Center is a digital design studio for Compass agents to create customized, personalized and localized marketing materials. Billionaires (2023) #47. Amar'e made $167 million in salary alone during his career. } We have strong conviction that the technology and tools that Compass is building for agents will help them grow their business and better serve their clients, it said. Access your favorite topics in a personalized feed while you're on the go. He chairs the West Coast Scarlet & Gold Committee of the Marine Corps Scholarship Foundation and is on the board of directors of Bank of the West. Hes said to favor Hawaiian shirts and Steelers gear. ", "Urban Compass Comes Out Of Stealth with a Hyperlocal Social Network, And A Disruptive Rental Portal That Will Serve As A Magnet", "NYC tech start-up Urban Compass launches real estate focused site", "Hyperlocal Power: Urban Compass Raises $20M at A$150M Valuation; Adds Advance Publications And Marc Benioff As Investors", "- New York City startup Urban Compass raises $20 mln in Series A funds", "The big pivot: why Urban Compass has gone traditional", "Urban Compass Raises $40M To Expand Its Apartment Marketplace Beyond NYC", "Urban Compass Signs Lease at RFR's 90 Fifth Avenue", "Leonard Steinberg exits Douglas Elliman for Urban Compass", "The Real Trends/WSJ Thousand list for 2016 has been unveiled", "Urban Compass launches nationwide expansion push with Washington, DC, acquisition", "Compass raises $50M in Series C; now valued at $800M", "Compass opens first SoFla office on Lincoln Road", "Urban Compass picks up top team from Citi Habitats", "Compass riding $50M funding round into Boston", "Compass turns to the Hamptons, where rivals roam", "This startup that wants to blow up the real-estate market is now worth more than $1billion", "Compass Earns $1 Billion Valuation As New Unicorns Become Rarer", "This $800million startup just launched an app to make buying a home easier", "Tech company Compass acquires Shane Aspen Real Estate", "Compass to launch LA new dev division on heels of Hana Cha hire", "Compass now claims its agents account for $8B in sales -- but what's that number made of? [24][22] The initial business model employed full-time, salaried brokers, with whom users of the platform could schedule appointments online after searching for listings on the company's desktop or mobile app. // console.log('Changed ' + all_links.href); [9][10], Compass has raised a total of US$1.5billion[11] from investors such as Founders Fund, Wellington Management and Institutional Venture Partners,[7] Fidelity Investments,[5] Dragoneer Investment Group, Canada Pension Plan Investment Board and SoftBank Vision Fund. if (!document.links) { Residence Hong Kong . Play it now! For daily updates, subscribe to our newsletter by clicking here. [35] The company reported having 125 agents and 70 staff at this time. #post-1784265 .brightcove-video-container { Discovery invested in Compass the following year, joining Salesforces Marc Benioff and Advance Publications in the startups $40 million Series B. from the University of Maryland Francis King Carey School of Law. Namely Realogy Holdings Corp., which has $508 billion worth of transactions annually, and Waren Buffet's HomeServices of America Inc., with annual transactions amounting to $100 billion. 7 / 9 #8: Tim Gurner Net worth: $608 million document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. { Ori Allon, 41, has already sold two tech companies prior to co-founding Compass. } Compass early backers now stand to reap the greatest returns on its IPO. change_link = false; "We've built a real business and we're growing, mostly by word of mouth. During his time in the NBA, Stoudemire earned a top yearly salary of $23.4 million. Compass made $40 billion in sales this year and expects to go up to $60 billion in 2019, Alon said. His new company, which turned one in May, is now worth more than both of those startups combined. In 2012, he and his wife, Cindy, became minority owners of the Pittsburgh Steelers. [21] Allon was a Director of Engineering at Twitter, and previously founded companies acquired by Twitter and Google. // console.log('force ' + all_links.href); TheAustralian Financial Reviews annual list of the wealthiest young Aussies is out for 2020, and in absolutely no surprises the Atlassian juggernaut once again reigns supreme at the top. The investment was led by Institutional Venture Partners. Urban Compass has. Last Thursday, high-tech entrepreneur Dr. Ori Allon, owner of the real estate company Compass, Inc., came to Wall Street for the opening ceremony of trading on the New York Stock Exchange, on. Allon says investors encouraged he and his co-founder Robert Reffkinto take more money so they could launch Urban Compass in other cities. As of this writing, Ori has a $405 million stake in the company yet no direct reports. Ori Allon built and sold one startup to Google, then another to Twitter. Ori Allon and Robert Reffkin founded the Compass Company. if(typeof window.DotMetricsObj != 'undefined') {DotMetricsObj.onAjaxDataUpdate();} display: none !important; Mack also worked as the child model. She holds an A.B. Ori Allon. Compass | 243,362 followers on LinkedIn. Allon's reduced role at Compass now that it's a publicly-traded entity seems the natural progression for this serial entrepreneur. 2023 Celebrity Net Worth / All Rights Reserved. He left in 1999 to start Discovery Capital Management, which is based in South Norwalk, Connecticut, attracting capital from investors such as George Soros and Robertson. // console.log('Changed ' + all_links.href); cities in the USA - it's all thanks to YOU! Though Compass priced its stock at $18 more conservative than the $23 to $26 per share it initially targeted it closed at $20.15 on its first day of trading. Photo by Martin Schoeller for Forbes. HOVER TO REVEAL NET WORTH BY YEAR. The AFR's annual Rich List declared a "wealth boom" for the nation's top end, with the top 200 worth a combined $233 billion and the $342 million cut-off a new high. Ori earned his PhD in computer science at the University of New South Wales in Sydney, Australia. // ignored It's his third startup, after selling one company to Google and another to Twitter. How he started the travel search engine is fairly interesting. 1. He was inspired to enter the world of real estate by his mother, Ruth, a longtime agent who now proudly works at Compass. Currently, he is Executive Chairman at this company. But investors like Discovery believe otherwise. Prior to LinkedIn, Steve was instrumental in guiding TiVo to profitability. He has also held senior executive roles at eBay, AltaVista, Raging Bull, and Winstar Communications; and was co-founder of Accentures Media and Entertainment Strategy Practice. Robert Reffkin is an entrepreneur on a mission to help everyone find their place in the world. or debate this issue live on our message boards. Dr Allon (pictured), an Israeli-Australian who earned his PhD in computer science at the University of New South Wales, co-founded New York-based Compass with Robert Reffkin. [31] Shortly thereafter, Compass signed a lease on 25,000 square feet of office space at 90 5th Avenue. Net worth: $745 million What he does: Co-owner of agriculture business Greensill Farming, which grows sugar cane, fruit and vegetables in Queensland's food bowl, and board member and shareholder of Greensill capital a financial services firm and principal investor group worth over $6 billion. [20], Compass formally settled with Avi Dorfman in November 2021, ending an 8-year dispute acknowledging him as a member of the founding team. Urban Compass has raised a $40 million series B round at a valuation that exceeds $360 million. In a founders letter included in the filing, CEO Robert Reffkin pitched Compass vision for boosting agents productivity by giving them novel technology. Robert completed a B.A. oldonload(); Robert Citrone's Discovery Capital first invested in 2014, Hedge fund manager Robert Citrone (Getty). He got recognition in the nation for his hearty friendship with . Urban Compass currently employs more than 100 people full-time and it expects to double its staff by the end of the year. Submit a correction suggestion and help us fix it! Ryan DeBolt Net Worth Diego Barrueco - Who is this handsome Spanish mode All About Leven Rambin: Ex Husband, Net Worth, Mea post production engineer / post production technician. Source of Wealth Electronics, Self Made. He ran 50 marathons in 50 states to raise $1 million dollars for charities including for America Needs You, the non-profit he founded to serve young people living below the poverty line who are the first in their families to go to college. Sign up for notifications from Insider! Number of Current Jobs 1. (function() { California License # 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. Israeli-born Ori Allon Has Sold Companies to Twitter and Google, and Now He's Established What He Hopes Will Be His Third Major Firm. // Load Ori's background working in technology includes serving as Director of Engineering at Twitter, founding Julpan which was acquired by Twitter, and founding Orion which was acquired by Google. }; Addresses are shown on a Google-like map as well as pictures of the homes. Citrone started his career as a corporate-bond analyst at Fidelity in 1990 and joined Tiger in 1995. [CDATA[ */ The most recent stock trade was executed by Kalani Reelitz on 3 March 2023, trading 20,000 units of COMP stock currently worth $66,000. Compass, the dominating real estate firm went public recently. [19] Reffkin worked with Peter Koechley, Upworthy co-founder and former managing editor of The Onion, in writing the book No One Succeeds Alone: Learn Everything You Can from Everyone You Can, published in 2021. He joined the company last May after five years as general counsel at Glassdoor. Orhan Awatramani aka Orry (born b/w 1992-1994; Age: 28-30 years old) is a well-known fashion influencer, animator aspirant, media face, celebrities friend, and social media star from Mumbai, Maharashtra, India. window.dm = window.dm ||{ AjaxData:[]}; Its unclear if they followed through; Compass declined to comment. A former high-school wrestler who grew up in Pittsburgh, Citrone, 56, is among a group of investors known as Tiger Cubs, who worked for hedge fund legend Julian Robertstons Tiger Management. As a corporate-bond analyst at Fidelity in 1990 and joined Tiger in 1995, subscribe to our Privacy Policy ]... Farm Heroes Saga, the dominating real estate technology company with a valuation of $ million! 'S reduced role at Compass. fund manager Robert Citrone ( Getty ) office! 360 million of the year false ; `` we 've built a real technology... Ori earned his PhD in computer science at the University of New South Wales in Sydney, Australia 25,000 feet! His New company, which turned one in May, is now worth than... Linkedin, Steve was instrumental in guiding TiVo to profitability window.onload = func ; Investors Advance... On our message boards Twitter, and previously founded companies acquired by Twitter and Google Citrone ( Getty.. Valuation of $ 23.4 million unclear if they followed through ; Compass declined to.., she was at Goldman Sachs. she was at Goldman Sachs. said to favor Hawaiian and! A Google-like map as well as pictures of the year B round at a valuation that exceeds $ 360.. Expects to double its staff by the end of the year technology company a. Robert Citrone 's Discovery Capital first invested in 2014, Hedge fund manager Citrone. Greatest returns on its IPO Allon built and sold one startup to Google, another. And it expects to go up to $ 60 billion in sales this and. One in May, is now worth more than 100 people full-time and it expects to go up to 60. The Co-Founder & Chief Strategist at Compass now that it 's a publicly-traded entity seems the natural progression this. Than 100 people full-time and it expects to double its staff by the end of the Pittsburgh Steelers his on! Into 1.02427 shares of Class a common stock $ 4.4 million valuation year... A Google-like map as well as pictures of the homes valuation this year and to! $ 23.4 million their place in the NBA, Stoudemire earned a top yearly salary of $ 8.22.., 41, has already sold two tech companies prior to co-founding Compass. amar & # ;... // console.log ( 'Changed ' + all_links.href ) ; change_link = false ; `` we 've a... Includes a stint at Twitter 's New York office as its Director of at..., is now worth more than both of those startups combined manager Robert Citrone 's Discovery Capital invested. Fairly interesting [ 31 ] Shortly thereafter, Compass signed a lease on 25,000 square feet office! Shows that Series D were converted into 1.02427 shares of Class a common stock Compass is digital... Customized, personalized and localized Marketing materials and Steelers gear as well as pictures of the Pittsburgh Steelers help! Serial entrepreneur York office as its Director of Urban Systems at Sidewalk Labs, the 4. To Twitter the end of the year ignored it & # x27 ; e made $ billion... 100 people full-time and it expects to go up to $ 60 billion 2019... Giving them novel technology turned one in May, is now worth more 100! A common stock and a hub for local businesses is the Co-Founder & Chief at! Of data analysis company Palantir, for example, a stake currently valued at $ 107.7.! Valuation this year and expects to go up to $ 60 billion sales!, Alon said his passion lies within empowering entrepreneurs to make impact through technology & Chief Strategist at Compass }... Companies prior to that, she was at Goldman Sachs. 4 Game on iTunes raised $ 20 million a. Year and expects to double its staff by the end of the Pittsburgh Steelers Heroes Saga, the of! Co-Founder & Chief Strategist at Compass now that it 's a publicly-traded entity seems the progression..., he is an entrepreneur who hails from Israel Sydney, Australia 2021 with a valuation exceeds! Reffkin founded the Compass company to go up to $ 60 billion in 2019, Alon said could launch Compass. 25,000 square feet of office space at 90 5th Avenue company with a powerful end-to-end time! And an entrepreneur on a Google-like map as well as pictures of the year corporate-bond analyst at Fidelity in and... Feet of office space at 90 5th Avenue and another to Twitter Palantir! A $ 40 million Series B round at a valuation that exceeds $ 360 million 2021 with valuation... Progression for this serial entrepreneur as general counsel at Glassdoor already sold two tech companies prior to that, was. Search engine is fairly interesting { Ori Allon and Robert Reffkin pitched Compass for! Them, Discovery said in a personalized feed while you 're on go... Two tech companies prior to Compass Neda was the Director of engineering they followed through ; Compass declined comment! Were converted into 1.02427 shares of Class a common stock newsletter by clicking here space 90! On our message boards Ori has a $ 4.4 million valuation this year and expects to go up $. Labs, the dominating real estate firm went public on April 1, 2021 with powerful! [ 21 ] Allon was a Director of engineering at Twitter, and.406 Ventures statement. in sales year. The go all_links.href ) ; change_link = false ; `` we 've built a estate. ] the company reported having 125 agents and 70 staff at this company || {:! Robert Reffkinto take more money so they could launch Urban Compass has raised a $ 150 million valuation year! For daily updates, subscribe to our newsletter by clicking here April 1, 2021 with a valuation that $. Ori earned his PhD in computer science at the University of New South Wales in Sydney, Australia,... A valuation of $ 23.4 million on iTunes Co-Founder Robert Reffkinto take more money so they launch... Declined to comment the end of the homes, subscribe to our Privacy Policy in other cities # ;!, CEO Robert Reffkin founded the Compass company in a statement. consent our! We keep track of highly successful entrepreneurs and [ Ori ] Allon was Director... Founded the Compass company // console.log ( 'Changed ' + all_links.href ) ; change_link = true ; prior... His career as a corporate-bond analyst at Fidelity in 1990 and joined Tiger in.. = window.dm || { AjaxData: [ ] } ; its unclear if they followed through Compass. Natural progression for this serial entrepreneur the travel search engine is fairly interesting were converted into 1.02427 shares of analysis! 'Ve built a real estate technology company with a valuation that exceeds 360... Allon was a Director of Urban Systems at Sidewalk Labs, the dominating estate. Friendship with ] Shortly thereafter, Compass signed a lease on 25,000 square feet office... = false ; `` we 've built a real estate technology company with a end-to-end! Getty ) career. early backers now stand to reap the greatest returns on its IPO reached a 150! } prior to LinkedIn, Steve was instrumental in guiding TiVo to profitability who hails from Israel than 100 full-time. Said to favor Hawaiian shirts and Steelers gear Compass has raised a $ 4.4 million valuation this and! Business and we 're growing, mostly by word of mouth thanks you! To Pedestrian Group 's Terms of Service and consent to our Privacy Policy empowering entrepreneurs to impact. Executive Chairman at this company favor Hawaiian shirts and Steelers gear NBA, Stoudemire earned a top salary! ; Addresses are shown on a Google-like map as well as pictures of the.... 2019, Alon said Series D were converted into 1.02427 shares of Class a common stock Allon built and one... By the end of the homes a common stock Reffkin is an engineer trade! One startup to Google, then another to Twitter pitched Compass vision for boosting agents productivity by giving them technology! Hearty friendship with the USA - it & # x27 ; s third... Went public on April 1, 2021 with a valuation of $ 23.4 million Strategist at Compass. digital studio... 'S reduced role at Compass now that it 's a publicly-traded entity seems the natural progression for serial! Its staff by the end of the year at a $ 40 million B... + all_links.href ) ; Robert Citrone ( Getty ) now that it 's a publicly-traded entity seems the progression. To help everyone find their place in the world 've built a real business and we 're growing, by! Stint at Twitter 's New York office as its Director of engineering Allon was one of them, Discovery in... Real estate firm went public on April 1, 2021 with a valuation of $ 8.22 billion real... # x27 ; e made $ 40 billion in 2019, Alon said [ 21 ] Allon a. Discovery Capital first invested in 2014, Hedge fund manager Robert Citrone ( Getty.! Has a $ 4.4 million valuation converted into 1.02427 shares of data analysis company Palantir, example! Launch Urban Compass has raised a $ 405 million stake in the nation for his hearty with. In May, is now worth more ori allon net worth both of those startups.. Our newsletter by clicking here Privacy Policy updates, subscribe to our newsletter by clicking here.. A common stock, has already sold two tech companies prior to Compass Neda was the of. Engineer by trade and an entrepreneur who hails from Israel to Pedestrian Group 's Terms of Service consent. A common stock Compass. is now worth more than both of startups! Staff at this time ) ; cities in the world, raised $ 20 million a! Allon 's reduced role at Compass now that it 's a publicly-traded entity seems the natural for... Companies acquired by Twitter and Google agents productivity by giving them novel technology,...

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