What is Sabeer Bhatia's Net Worth?
Sabeer Bhatia is an Indian American businessman and entrepreneur, celebrated for co-founding Hotmail. His net worth is estimated to be $300 million. Born on December 30, 1968, in Chandigarh, India, Bhatia spent his early years in Bangalore. He attended The Bishop's School in Pune and St. Joseph's College in Bangalore. He also studied briefly at the Birla Institute of Technology and Science (BITS) in Pilani before transferring to the United States on a CalTech Transfer Scholarship. Bhatia earned his bachelor’s degree from the California Institute of Technology, followed by a master’s degree in electrical engineering from Stanford University.
Early Career and Hotmail
Post-graduation, Bhatia started his career as a hardware engineer at Apple Computers and Firepower Systems Inc. Fascinated by the potential of the internet, he and his colleague Jack Smith launched Hotmail on July 4, 1996. Under his leadership as President and CEO, Hotmail swiftly gained popularity and grew to over 364 million registered users, becoming the world’s largest email provider.
Acquisition by Microsoft
In 1998, Microsoft acquired Hotmail, and Bhatia continued to work with Microsoft for about a year. His contributions were widely recognized, and he received numerous awards, including 'Entrepreneur of the Year 1997' from venture capital firm Draper Fisher Jurvetson, and the 'TR 100' award from MIT as one of the top 100 young innovators expected to influence technology significantly. San Jose Mercury News and POV magazine named him one of the top ten most successful entrepreneurs of 1998, and Upside magazine included him in their 'Elite 100' list of top trendsetters in the New Economy.
Later Ventures and Personal Life
In April 1999, Bhatia ventured into e-commerce by founding Arzoo Inc. His persistent efforts and entrepreneurial spirit have been consistently acknowledged internationally. Bhatia has been married to Tania Bhatia since 2008.