Naveen Jain
- January 4, 2024
- Entrepreneur
Quick Facts
| Full Name | Naveen Jain |
| Occupation | Entrepreneur |
| Date Of Birth | Sep 6, 1959(1959-09-06) |
| Age | 65 |
| Birthplace | Uttar Pradesh |
| Country | India |
| Horoscope | Virgo |
Naveen Jain Biography
| Name | Naveen Jain |
| Birthday | Sep 6 |
| Birth Year | 1959 |
| Place Of Birth | Uttar Pradesh |
| Birth Country | India |
| Birth Sign | Virgo |
| Siblings | Manu Jain, Atul Jain |
| Spouse | Anu Jain |
| Children(s) | Ankur Jain, Priyanka Jain, Neil Jain |
Naveen Jain is one of the most popular and richest Entrepreneur who was born on September 6, 1959 in Uttar Pradesh, India. This Indian entrepreneur is best known for his founding of the InfoSpace internet service (later renamed Blucora). He also founded and led the Inome public record company and the visionary Moon Express lunar exploration, mining and exploration organization.
He was elected a trustee of He became a trustee of Peter Diamandis‘ space travel-aimed X Prize Foundation.’ space travel-oriented X Prize Foundation.
Naveen K. Jain (/n ɒ ˈ v iː n dʒ eɪ n / ; born September 6, 1959) is a business executive, entrepreneur and the founder and former CEO of InfoSpace. InfoSpace briefly became one of the largest internet companies in the American Northwest, before the crash of the dot-com bubble and a series of lawsuits involving Jain. In 2010 Jain co-founded Moon Express where he is the Executive Chairman, and in 2016 founded Viome, where he is the CEO.
Jain moved to Roorkee, where in 1979 he earned an engineering degree from Indian Institute of Technology Roorkee. He moved to the United States of America that same year. He looked up to business people who made their own fortune, especially Bill Gates.
He was born in Uttar Pradesh, India. Later, he settled in Medina (Washington), U.S.A.A. with his wife and their children Neil, Priyanka and Ankur.
Naveen Jain Net Worth
| Net Worth | $100 Million |
| Source Of Income | Entrepreneur |
| House | Living in own house. |
Naveen Jain is one of the richest Entrepreneur from India. According to our analysis, Wikipedia, Forbes & Business Insider, Naveen Jain 's net worth $100 Million. (Last Update: December 11, 2023)
After graduating with a degree of engineering from the Indian Institute of Technology, he was awarded a Master of Business Administration degree by the XLRI School of Business and Human Resources.
He was included in Forbes magazine’s 2000 wealthiest Americans list at the height of Infospace’s career.
Naveen Jain was born in 1959 to a Jain family. He grew up in New Delhi and in villages in Uttar Pradesh, India.
Height, Weight & Body Measurements
Naveen Jain height Not available right now. Naveen weight Not Known & body measurements will update soon.
Who is Naveen Jain Dating?
According to our records, Naveen Jain married to Anu Jain. As of December 1, 2023, Naveen Jain’s is not dating anyone.
Relationships Record : We have no records of past relationships for Naveen Jain. You may help us to build the dating records for Naveen Jain!
As the dot-com bubble ended in March 2000, InfoSpace’s stock fell from $138 to $1.56 by July 2001. In March 2000, even as the stock price declined, Jain said InfoSpace would one day have a greater market-share than Microsoft, Intel and Cisco combined. Early the following year he sold $80 million of his own shares at an even lower price. Jain led a merger with Go2Net that was purchased with the shares. Shortly afterwards the founder of Go2Net quit and the company was reduced in size. After the merger, Go2Net CEO Russell Horowitz became president of Infospace. Also, in 2000, InfoSpace used a controversial accounting method to report $46 million in profits when in fact it had lost $282 million. Company executives skirted SEC trading restrictions to sell large blocks of their personal stock.
Facts & Trivia
Naveen Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in India. Naveen Jain celebrates birthday on September 6 of every year.
Jain resumed the role of CEO in 2001. As revenues decreased, Jain indicated to investor analysts that revenues were expected to go up, even though all indicators showed a continued decline. In 2001, InfoSpace said its revenues would go up to $360 million, then laid off 250 staff shortly afterwards. Jain and many other executives sold their shares in the company, just as the stock increased in response to investor analysts repeating Jain’s positive outlook on revenues. The company then used misleading accounting practices to make it appear as though it was still growing. For example, it invested money in a company run by Jain’s brother, with an agreement that his brother would also spend money on InfoSpace, a practice that was referred to as “buying revenues”.
Is Naveen Jain a billionaire?
Here’s What He Plans to Do Next. The restless entrepreneur shares his vision for a brighter, healthier future.
How much is Naveen Jain worth?
Naveen Jain’s net worth has been estimated as high as $8 billion.
How did Naveen Jain make his money?
Naveen Jain was working on the launch of Microsoft Networks (MSN), when Netscape Communications raised $2.2 billion in an initial public offering in 1995. NetScape’s IPO was considered the start of the dot-com bubble, because it showed that Internet companies can have large IPOs without making a profit first.
How old is Naveen Jain?
62 years (September 6, 1959)
Who owns InfoSpace?
Blucora sells InfoSpace for $45M, exiting search business in financial- services push. In a move to further push into the financial-services sector, Belleuve-based Blucora announced today it has sold its InfoSpace search business for $45 million to email marketing company OpenMail.