Niraj Shah

Niraj Shah (#2921)

Global Rank #2921

Country Rank #896

Country United States

Niraj Shah is listed among the world billionaires tracked by Iconic Billionaires.

$ 1 B
online retail
United States
M
52 Years

Snapshot

Quick Facts

Global Rank #2,921

Country Rank #896

Net Worth $1.3B

Previous Worth $1.2B

Worth Change +$0.1B

Country United States

Industry online retail

Age 52 Years

Gender M

Worth As Of May 4, 2026

Residence Boston, Massachusetts

Citizenship United States

World Billionaires List United States Billionaires online retail

Profile Data

Personal Stats

Age 52

Source Of Wealth online retail, Self Made

Self Made Score 8

Philanthropy Score 1

Residence Boston, Massachusetts

Citizenship United States

Marital Status Married

Children 2

Education Bachelor of Science in Engineering, Cornell University

Net Worth Change +$0.1B +8.3% from previous worth

Previous Net Worth $1.2B

Current Net Worth $1.3B

Worth as of May 4, 2026

About Me

Niraj Shah is cofounder and CEO of online home goods retailer Wayfair. He started the business in 2002 with Steve Conine, who is also a billionaire. The two met as high school students at a program at Cornell University. Shah and Conine ended up living in the same dorm their freshman year at Cornell and became good friends. Wayfair, which now offers more than 18 million products, generated $14 billion in net revenue in 2020, up 55% from the previous year. Shah joined the board of the Federal Reserve Bank of Boston in 2017.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Niraj Shah.

#3017

Billionaires (2026)

#340

Forbes 400 (2021)

Insights

Did You Know?

In their final semester of college, Conine and Shah both enrolled in a class on entrepreneurism, which sparked a business plan that turned into their first company.

The duo started Wayfair in a spare bedroom of Conine's house. They soon operated 250 websites selling everything from barstools to birdhouses

Wealth Growth

Net Worth Growth Over Time

Tracking Niraj Shah's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $1.3B (May 4, 2026)