What is Gurbaksh Chahal’s net worth?
Gurbaksh Chahal is an award-winning internet entrepreneur and author with a net worth of $100 million. He founded several online advertising companies, including BlueLithium, RadiumOne, and Gravity4.
Chahal dropped out of high school at 16 and started his first business, ClickAgents, which was acquired by ValueClick for almost $40 million when he was just 18. He then co-founded BlueLithium, which was bought by Yahoo for $300 million in 2006, earning Chahal $100 million.
Chahal’s memoir, which ends in 2008, details his rise to success, including appearances on shows like Oprah and Fox’s “Secret Millionaire.” In 2008, he founded RadiumOne, which raised over $85 million and was valued at half a billion by 2012. In 2013, Ernst and Young named Chahal one of the entrepreneurs of the year, and RadiumOne was on track for an IPO, the first for one of Chahal’s companies.
Gurbaksh Chahal’s Background
Gurbaksh Chahal was born on July 17, 1982 in Tarn Taran Sahib, Punjab, India. His parents immigrated to the US in 1985 following the Khalistani insurgency in India. Chahal lived with his grandmother before joining his parents in San Jose, California the following year. He went to Independence High School as a teenager but dropped out to pursue his Internet advertising career.
Chahal is the youngest of four children of Sikh parents, Arjinder, a nurse, and Avtar, a police officer. His siblings are Taj, Nirmal, and Kamal.
Gurbaksh Chahal’s Early Business Ventures
After being turned down from a job at McDonald’s, Chahal started purchasing and reselling second-hand printers on eBay.
His next business venture was buying the domain names Dell.net and HP.net and offering to sell them back to their companies for thousands of dollars.
Ultimately, he was forced to give the names back after receiving cease-and-desist letters.
Chahal’s First Business Success
In 1998, Chahal created ClickAgents, an online advertising company focused on performance-based advertising. It was one of the first pay-per-click networks launched on the Internet. Two years later, Chahal sold ClickAgents to ValueClick for close to $40 million, which made him a millionaire overnight.
BlueLithium and MingleNow Launched Simultaneously in 2004
Gurbaksh Chahal launched BlueLithium, an online advertising company, and MingleNow, a social network, in 2004. BlueLithium specialized in targeted advertising and eventually acquired AdRevolver, becoming the fifth biggest advertising network in the US. In 2007, Yahoo! purchased BlueLithium for $300 million.
Chahal’s Internet Ventures
Gurbaksh Chahal, a successful entrepreneur, launched gWallet in 2009. The company partnered with game and brand developers and offered virtual currency offers to users. It also hosted video campaigns for major companies including Disney, Nestlé, and Best Buy. In 2010, Chahal founded another Internet advertising company called RadiumOne, which started as a loyalty and rewards program but eventually transitioned to a targeted-advertising network. After purchasing several social media startups, RadiumOne reached its peak success with a valuation of around $500 million. The company was later acquired by RhythmOne in 2017.
Gurbaksh Chahal’s Entrepreneurial Ventures
In 2014, Gurbaksh Chahal founded Gravity4, a targeted advertising company that also explored AI and blockchain marketing. Gravity4 shut down after a failed attempt to buy back Chahal’s previous company, RadiumOne. Chahal then founded TaaraLabs, an incubator focused on AI and IoT, as well as RedLotus, a Hong Kong-based company specializing in AI-generated targeted advertising. In 2020, Chahal launched ProcureNet, a subsidiary of VendorCloud that supplies pharmaceuticals and vaccines.
Gurbaksh Chahal’s Philanthropic Efforts
Chahal runs his own charitable foundation, providing academic scholarships, disaster relief, and assistance to families of hate crime victims. The foundation also works to curb child trafficking in India.
During the COVID-19 pandemic in 2020, Chahal donated face masks, test kits, and ventilators to numerous hospitals in Asia.
Gurbaksh Chahal’s Relationship Status
Gurbaksh Chahal, the entrepreneur and philanthropist, is currently dating Canadian actress and Punjabi film star Rubina Bajwa. The couple first started dating in 2019 and got engaged in 2021 during a trip to San Francisco. Despite their busy schedules, they make time for each other and frequently share pictures on social media.
Chahal resides in Hong Kong, while Bajwa lives in Canada. However, distance has not been a barrier for their relationship, and they are often spotted together at events and on vacations. The couple has not announced their wedding date yet, but their fans are eagerly waiting for them to tie the knot.
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