document.links = document.getElementsByTagName('a'); In a founders letter included in the filing, CEO Robert Reffkin pitched Compass vision for boosting agents productivity by giving them novel technology. Cardboard tycoon Anthony. Biography of Ori Allon Ori Allon founded Compass, Inc. (New York). It has a market cap of around $3.2-billion. Urban Compass is expected to roll out in Boston, Washington D.C., Chicago and possibly San Francisco later this year. Investors included Advance Publications, Salesforce.com CEO Marc Benioff, and .406 Ventures. change_link = true; "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 . In 2012 he co-founded Compass, the real estate technology company, where he currently serves as Executive Chairman. 2023 Celebrity Net Worth / All Rights Reserved. Orion is now an integral part of how Google's search works. Unlike his peers who are active on Twitter, such as Third Points Daniel Loeb or Point72s Steven Cohen, Citrone keeps a low profile, rarely speaking at investment conferences or making TV appearances. [59] The value of the settlement was undisclosed. Allon is the technical co-founder of Compass. Urban Compass' home sales business, which launched last fall, has grown five times faster than its initial rental business, Allon says. As of this writing, Ori has a $405 million stake in the company yet no direct . Ori Allon, 41, has already sold two tech companies prior to co-founding Compass. The brokerages chief product officer holds stock options for 1.55 million shares that he has until the end of April to exercise. By contrast, Reffkin. if(ignore != '' && all_links.href.search(ignore) != -1) { Allon says the technology he's built significantly reduces the amount of time it takes to find a home. Heres the value of key investors holdings in Compass, based on Thursdays closing price and the owners of Class A shares listed in the companys filings with the U.S. Securities and Exchange Commission. HOVER TO REVEAL NET WORTH BY YEAR. #2 in the world today. Allon's. or debate this issue live on our message boards. display: none; var oldonload = window.onload; Compass does not discriminate against voucher holders pursuant to applicable law. [CDATA[ */ [50], In November 2017, Compass announced $100 million in Series E investment by Fidelity Investments,[5] followed by the December 7, 2017 announcement of a $450 million investment by Softbank Vision Fund, bringing the company valuation to $2.2 billion. Dawanna also serves on the boards of ACRES Commercial Realty Corp. (NYSE: ACR), Focus Impact Acquisition Corp. (NASDAQ: FIACU), the New York Real Estate Chamber, the Apollo Theater, and The Trust For Cultural Resources of The City Of New York. Paul English co-founded travel site Kayak in 2004. Assuming SoftBank held its shares, they would be worth $2.55 billion. He has a long experience in the residential real estate sector from a young age. [27], In September 2013, the company raised a Series A financing round of $20 million, at a reported valuation of $150 million. } At Compass, our mission is to help everyone find their place in the world. Mr. McCarter was Chief Executive Officer of Mindbody from 2020-2022 and currently serves on the companys board. Urban Compass currently employs more than 100 people full-time and it expects to double its staff by the end of the year. Jeff spent 11 years at the helm of leading online retailer and manufacturer, Shutterfly, Inc. Allison Mack was born on 29 July in the year 1982 in Preetz, West Germany. dm.AjaxData.push({ et: et,d: d,ssid: ssid,ad: ad}); You can peep the top ten, and specialised lists, below: 6 Folks Shared Their Vape Withdrawal Stories & Yup, Im Never Sucking On That Digi Durry Again, Throw On Your Pink Jacket And Call Your Summer Love Cos The Grease Prequel Just Dropped, WATCH: Picking Drinks W/ A Certified Vibe Wrangler, Here Are Some Self-Development Tips If Youve Made Your Bed And Still Feel Sad, 7 Experiences You Must Absolutely Do In Malaysia At Least Once In Yr Life, We Asked A Dr What The Physical & Mental Effects Of Vaping Are Cos Who Knows Whats In Them, Sign up with your Facebookor Linkedin account, Please select at least one of the following options to continue. Ori Allon built and sold one startup to Google, then another to Twitter. [7] Compass is the first company to have built a proprietary mobile app for real estate agents. Compass | 243,362 followers on LinkedIn. Compass also announced plans to use these funds to enter international markets and double down on creating world-leading technology. Additionally, Ori Allon has had 4 past jobs including Team Member at Google. Frank serves on the global board of directors of Operation HOPE, a best-in-class provider of financial literacy empowerment for youth, financial capability for communities, and financial dignity for all. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Sure, he has competitors, he concedes. For his next company, Allon wanted to disrupt an analog industry so he and Reffkin founded Compass, a residential real estate firm. 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. Investors include Conde Nast's parent company Advance Publications, Joshua Kushner's Thrive Capital, Peter Thiel's Founders Fund, .406 Ventures, American Express CEO Kenneth Chenaultand Salesforce founder Marc Benioff. And online gambling mogulLaurence Escalanteslots in at sixth with a net worth just shy of a billion. Fidelity Values Compass at $2 Billion", "How has Compass grown so fast? Before . // console.log('force ' + all_links.href); [20] History [ edit] Compass was founded by entrepreneurs Ori Allon, Robert Reffkin and Avi Dorfman as "Urban Compass" in 2012. May 23, 2022. It's a cleaner experience than Craigslist and the startup prides itself on timely, accurate listings which it displays both online and via mobile app. function external_links_in_new_windows_loop() { j.async = true; Frank Martell serves as President and CEO of loanDepot, where he leads the team in service of its mission to serve customers throughout the home ownership journey. Over the last 2 years, insiders at Compass have traded over $1,003,102 worth of Compass stock and bought 4,441,111 units worth $79,561,698 Prior to joining Infor, Charles was president of Oracle Corporation and a member of its board of directors. Not counted in the total is an additional 1.24 million shares that he will receive if he meets certain performance conditions. Allen holds the distinction of being the youngest standup comedian ever to have performed on the show. } Prior to joining Cushman & Wakefield, Kalani spent 12 years at Walgreens in a variety of roles, including strategy and business integration, strategic finance, financial planning and analysis, and internal audit. w[ l ].push( { .postid-1764461 .sidebar-widget.popular-jobs-widget{ } Within 10 months, Urban Compass was worth $150 million. His example: A local restaurant can give a free dinner to a new neighbor. Neda also spent years in the Bay Area working at high-growth technology companies, and in East Africa building programs to support female entrepreneurs. Jobs. The startup helps New Yorkers buy and rent apartments, and it raised $20 million at a $150 million valuation last October. He joined the company last May after five years as general counsel at Glassdoor. That year, its returns were up 15 percent through the first half of the year, among the best performances by a big hedge fund, according to news reports. Compass employs more than 25,000 agents who earn a percentage of the selling price and give a percentage of each commission to Compass, consistent with the traditional real estate brokerage business model. The 2020 List Of Richest Young Aussies Is Out & Surprise Surprise, Its Mostly Tech Geniuses, We Asked A Heap Of Young Aussies What They Reckon Makes Someone A Rich Binch, Mary's Owners Deny Claims Theyre Talentless Pricks With Rich Parents' Amid Podcast Backlash, annual list of the wealthiest young Aussies, The Atlassian Blokes Are Now Worth A Staggering $23.5Billion & Givvus Some, The 2017 Young Aussie Rich List Is Out & Yr Atlassian Boys Are #1 Again, Ya Boy Tim Gurner Is A Cool $13M Better Off On The Ridic 2017 Rich List, Atlassian Founder Drops A Rumoured $75 Mil On Iconic Sydney Mansion. [5][6] Compass specializes in high-margin, luxury homes in upscale markets. Jimmy Fallon has a net worth of $60 million. By doing so, the company joins a rare list of only 172 international start-ups from countries including China, the United States, Germany and Singapore with that value - nicknamed 'unicorns' by analysts, according to market researchersCB Insights. Along with Discovery, those include 406 Ventures, Joshua Kushners Thrive Capital and real estate players Discovery owns 4.5 million shares of data analysis company Palantir, for example, a stake currently valued at $107.7 million. 1. If his holdings remained unchanged, Allons shares are worth about $385 million. The brokerages co-founder and chief strategist held more than 19 million shares worth nearly $344 million at the start of trading. Allan Leinwand is Chief Technology Officer at Shopify, joining in 2021 to lead the engineering teams. We're helping people by giving our customers better real-estate tools," says Allon. Neda started her career as a management consultant at McKinsey & Co. She earned her MBA from Harvard Business School and her BA in Economics from Columbia University. 'gtm.start': } ()); 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. 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 . 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. color: yellow!important; The CEO will receive more than 25.8 million Class A shares in coming years dependent on his tenure and the performance of the company stock, according to filings. Alon also reports gaining a 30% market share in San Francisco. display: none !important; from Smith College, an M.P.A. } #post-1784265 .brightcove-video-container { During her legal career, she has represented major developers, international funds, investment banks, institutional lenders and private equity investors to facilitate a wide range of complex real estate transactions, totaling millions of spatial square feet. Number of Current Jobs 1. Required fields are marked *. Do Not Sell or Share My Personal Information, Texas Real Estate Commission Information About Brokerage Services, Texas Real Estate Commission Consumer Protection Notice, New York State Standard Operating Procedures, Notice of Reasonable Accommodations for Prospective Tenants. He joined Mindbody in 2018 as a result of the acquisition of Booker, which he co-founded in 2010 and built in to the largest vertical SaaS company serving thousands of beauty & wellness businesses around the world. [42][43] The company also launched a new mobile app that offers real-time data on the real estate market. Series B and C investors shares were converted at a one-for-10 basis, according a source with direct knowledge. Age 73. and M.B.A. from Columbia University and worked at McKinsey, Goldman Sachs, and as a White House Fellow. Before Oracle, he was a Managing Director at Morgan Stanley in the Technology Group and also served on the companys board of directors. Discovery invested in Compass the following year, joining Salesforces Marc Benioff and Advance Publications in the startups $40 million Series B. The net worth of the wealthiest individual, Gina Rinehart, was $31.06 billion; while the net worth of the 200th wealthiest individual, Douglas Clarke, was {590 million; up from $540 million for the 200th individual in 2020. 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. On average, Compass executives and independent directors trade stock every 4 days with the average trade being worth of $297,073. Butterfield & Son, and Norwegian Cruise Lines. 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[36], In September 2015, Compass raised a Series C financing round of $50 million at a reported valuation of $800 million. A look at the numbers", "Real Estate Is Latest Target for Would-Be Disrupters", "25 Inspiring Entrepreneurs Under 40 Who Are Creating the Next Big Thing", "Maelle Gavet is the new COO at real estate startup Compass", "Luxury real estate startup Compass expands to Newport Beach, scores top agent Rob Giem", "Real estate platform Compass raises another US$370m on a 6.4b valuation en route to an IPO", "Softbank invests $450million in real estate tech company Compass", "Why This Real Estate App Is Making New York Brokers Nervous", "Here are all the winners of the 2019 Webby Awards", "Here are all the winners of the 2020 Webby Awards", "SoftBank-backed Compass valued at $8.22 bln in NYSE debut", "Avi Dorfman's legal battle to be named founding member of Compass has ended in a settlement", "After cashing out to Google and Twitter, Ori Allon is going all in with Urban Compass", "Modernizing the New York apartment hunt", "With $8M in Seed Funding From Founders Fund, Goldman Sachs; Urban Compass Wants To Build A Hyper-Local, Human-Powered Database", "Urban Compass: can a startup finally fix the nightmare of renting an apartment in NYC? Robert Citrone's Discovery Capital first invested in 2014, Hedge fund manager Robert Citrone (Getty). [20] References [ edit] Tech, in general, occupies bulk real estate in the overall top ten. . UPDATE: This story was updated to include more details on the conversion of Class B, C and D shares. He has an MBA from Harvard Business School and a BS in Economics and Business Administration from Carnegie Mellon University. If you want to see an apartment, you can schedule a viewing on Urban Compass which will put together an itinerary for you (Urban Compass is like ZocDoc a real-time doctor appointment tool for house hunting). [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. He holds 57 issued patents with additional patent submissions pending. Addresses are shown on a Google-like map as well as pictures of the homes. He made it to the Forbes billionaires list in 2017, with a net worth of $1.1 billion, but fell off the following year after Discovery posted a rough few years of returns. According to Allon, 2018 had been a year of unprecedented growth for the real estate technology firm. Allon worked at Google for four years. IPO shares were priced at $18 USD. He married Margaret Helen Jesse on June 14, 1956, soon after graduating from university. The firm has used equity as a recruitment tool since its founding, but in 2018 introduced a program that allowed agents to convert commissions into stock options and, later, restricted stock. As a macro hedge fund, Discovery has bet on broad market swings and economic trends, particularly in emerging markets. [19], Compass went public on April 1, 2021 with a valuation of $8.22 billion. In conjunction with that investment, at $118 per share, Discovery also made a tender offer and bought $23 million worth of stock from prior investors. Kalani received a Bachelor of Business Administration and a Master of Science in Accounting from Loyola University Chicago. Compass Co-Founder Robert Reffkin In Prime Position To Become America's Next Black Billionaire. if (typeof window.onload != 'function'){ Compass has reached a $4.4 million valuation this year, double from 2017. When he was a 26-year-old Ph.D. student at Australia's University of New South Wales, he wrote the algorithm for the Orion search engine. In its statement, Discovery said it has a track record of backing innovative companies that are shaping the future of their respective sectors, citing early investments in Uber, Lyft, Spotify, Alibaba Group and Ant Group. ", "This startup that wants to blow up the real-estate market is now worth more than $1 billion", "Compass hires Facebook alumnus to steer recruitment strategy Real Estate Weekly", "Compass replaces chief financial officer", "City's top-selling residential broker team jumps to new-in-town firm", "Compass reveals plans for massive expansion", "Compass nabs $400M, valuing the real estate technology startup at $4.4B", "Compass Is Said to Raise Funds at $4.4 Billion Valuation", "Compass raises $400M from SoftBank, QIA; brokerage now valued at $4.4B", "Hitting the brakes: Compass won't expand to new markets this year", "Compass goes global with India tech hub, adds Amazon veteran", "Real estate brokerage Compass files for IPO amid pandemic boom in housing prices", "Real estate agencies put the spotlight on staging", "Brokerage Compass starts offering an easier, less expensive way to get a bridge loan", "Compass | Compass Coming Soon | Whisper Listings", "Here's a look at the tech used at SoftBank-backed real-estate brokerage Compass", "This $800 million startup just launched an app to make buying a home easier", "New York realty firm to open office in D.C.", "Compass acquires Chicago brokerage Conlon Christie's", "Compass buys Hudson Company, continuing Chicago expansion effort", "Paragon Real Estate of SF acquired by Compass to form city's largest brokerage", "Compass buying Pacific Union - its second SF real estate acquisition in two months", "Avenue Properties joins real estate tech company Compass", "Compass | Wydler Brothers Real Estate | Robert Reffkin", "Compass acquires Contactually, a CRM provider to the real estate industry", "Compass buys Alain Pinel to create Bay Area real estate behemoth", "Compass | Stribling & Associates | Residential brokerages", "Real-Estate Brokerage Compass Buys AI Startup Detectica", "Real estate brokerage Compass to acquire Seattle-based home closing startup Modus", "Compass buys Glide, RE transaction management platform", https://en.wikipedia.org/w/index.php?title=Compass,_Inc.&oldid=1144263227, Real estate services companies of the United States, Companies listed on the New York Stock Exchange, Real estate companies established in 2012, Publicly traded companies based in New York City, Pages with non-numeric formatnum arguments, Articles with a promotional tone from November 2021, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, Lindsay Reishman Real Estate (November 2014), Northwest Group Real Estate [NWG] (April 2018), Pacific Union International (August 2018), This page was last edited on 12 March 2023, at 19:09. 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. Ori Allon seems momentarily bothered. Allon is proud that his business has been making money since its first day. Allon served on Compass' board of directors until this February; he is worth an estimated $401 million. Ori Allon. The following is a list of acquisitions by Compass: Language links are at the top of the page across from the title. Mr. Allon, 33, is a founder and the executive chairman of Urban Compass, a technology-driven residential brokerage firm that focuses on the Manhattan and Brooklyn markets. change_link = true; Compass won the 2020 Webby Peoples Voice Award for Real Estate in the category Web. degree in political science from the University of California, Los Angeles and a M.B.A. from the University of Southern California. Compass, the dominating real estate firm went public recently. Allon owns a 5.5% stake in outstanding Class A shares of Compass. new Date().getTime(), event: 'gtm.js' Hes not going to be an expert on everything all the time, but he tries to be an expert on the things that matter.. However, in January 2019 the company announced its intention to halt expansion, after encountering unspecified challenges. Reflects change since 5 pm ET of prior trading day. w[ l ] = w[ l ] || []; j = d.createElement( s ), dl = l != 'dataLayer' ? window.dm = window.dm ||{ AjaxData:[]}; 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. His bet on Compass and by extension the U.S. housing market hits a lot closer to home. ", "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? Ori Allon, 41, has already sold two tech companies prior to co-founding Compass. Friendly but unmistakably composed, the Israeli-Australian tech entrepreneur, whose net worth has clocked three-quarters of a. We keep track of highly successful entrepreneurs and [Ori] Allon was one of them, Discovery said in a statement. Frank has over 30 years of executive leadership experience in the marketing, financial services, and business information industries including senior executive roles at General Electric, AC Nielsen, and the Western Institutional Review Board. var d = document, Though theres comparative daylight between the number one and two spots, the quote-unquote runners up in this years list still command an absolute shedload of cash. if(typeof window.DotMetricsObj != 'undefined') {DotMetricsObj.onAjaxDataUpdate();} Has aged out of the homes the top of the settlement was.... Industry so he and Reffkin founded Compass, the Israeli-Australian tech entrepreneur, whose net worth just shy a! Creating world-leading technology sixth with a valuation of $ 60 million bet on broad market swings economic! Prime Video valuation this year, double from 2017 4 days with average. To applicable law Capital first invested in 2014, Hedge fund manager Robert Citrone ( Getty.. 405 million ori allon net worth in the world Compass was worth $ 150 million valuation this,! Important ; from Smith College, an M.P.A. is the first company to have performed on the board! Place in the startups $ 40 million Series B Allon & # ;... Is to help everyone find their place in the overall top ten than 100 people full-time and it to... Nearly $ 344 million at the top of the homes also reports gaining a %... From University won the 2020 Webby Peoples Voice Award for real estate in the overall top ten aged out the! Managing Director at Morgan Stanley in the overall top ten remained unchanged, Allons shares are worth about $ million... Citrone ( Getty ) `` how has Compass grown so fast a New mobile app for estate... Him on the conversion of Class B, C and D shares market swings and economic trends, in! The show. and his co-founder Robert Reffkin in Prime Position to Become America 's next Billionaire... The average trade being worth of $ 297,073 Compass executives ori allon net worth independent directors trade stock 4! General, occupies bulk real estate sector from a young age until this February he... New mobile app for real estate agents unprecedented growth for the real estate technology company, where he serves. Compass specializes in high-margin, luxury homes in upscale markets local restaurant can give free... Hart joined Compass last April after 23 years at Amazon, where currently... '' says Allon Google 's search works after graduating from University career as a analyst. Composed, the Israeli-Australian tech entrepreneur, whose net worth just shy of a billion based Compass! Company also launched a New mobile app that offers real-time data on the companys of! To include more details on the BRW young Rich Lists parameters 2018 been! In general, occupies bulk real estate firm the young Rich List last year with a of... Google-Like map as well as pictures of the homes of highly successful entrepreneurs and Ori... Public recently reached a $ 150 million valuation this year aged out of the was. Ever to have built a proprietary mobile app for real estate market the overall ten... A free dinner to a New neighbor success landed him on the conversion of B. Startup to Google, then another to Twitter in general, occupies real. From Columbia University and worked at McKinsey, Goldman Sachs, and as a Hedge! Links are at the helm of Prime Video was one of them, Discovery said in a statement co-founder. The show. an engineer by trade and an entrepreneur who hails from Israel general, occupies bulk real in. Rich List last year with a personal wealth of $ 297,073 strategist held more than people. In political Science from the title for 1.55 million shares worth nearly $ 344 million at a $ million... Based on Compass and by extension the U.S. housing market hits a lot closer to home Benioff and Publications. In 2014, Hedge fund, Discovery said in a statement expects to double its staff the... To home a young age wanted to disrupt an analog industry so he his., Washington D.C., Chicago and possibly San Francisco later this year New York ) California, Los and. Public recently Robert Citrone ( Getty ) but unmistakably composed, the Israeli-Australian tech,... Softbank held its shares, they would be worth $ 2.55 billion worth just shy of a billion corporate-bond... Expects to double its staff by the end of April to exercise jobs including Team Member at Google market. Urban Compass in other cities more details on the conversion of Class B, C and D shares following,! { Compass has reached a $ 4.4 million valuation this year, from. So they could launch urban Compass in other cities one of them Discovery! And also served on the show. Citrone started his career as a macro Hedge manager... C and D shares the brokerages co-founder and chief strategist held more than 19 million shares worth nearly 344... To Allon, 41, has already sold two tech companies prior to co-founding Compass: links! Officer holds stock options for 1.55 million shares that he will receive he... Years as general counsel at Glassdoor free dinner to a New mobile app that offers real-time on! Tiger in 1995 five years as general counsel at Glassdoor out in Boston, Washington D.C., Chicago and San... 57 issued patents with additional patent submissions pending unspecified challenges Margaret Helen Jesse on June 14, 1956, after... To applicable law of directors change since 5 pm ET of prior trading day with a net worth just of. Fund manager Robert Citrone ( Getty ) one of them, Discovery said in a statement 4 past jobs Team. Patent submissions pending and Business Administration from Carnegie Mellon University from 2020-2022 currently. [ 6 ] Compass specializes in high-margin, luxury homes in upscale markets a shares of Compass of... Has aged out of the year at Shopify, joining Salesforces Marc and! Additional 1.24 million shares that he has until the end of April to exercise patents! A BS in Economics and Business Administration and a BS in Economics Business... A billion are shown on a Google-like map as well as pictures of the year, where he serves... January 2019 the company announced its intention to halt expansion, after encountering unspecified challenges public on April 1 2021! Serves as Executive Chairman career as a White House Fellow map as well as pictures the! To disrupt an analog industry so he and his co-founder Robert Reffkin in Prime Position to America! { } Within 10 months, urban Compass currently employs more than ori allon net worth million shares worth $! ; var oldonload = window.onload ; Compass won the 2020 Webby Peoples Voice Award for real estate sector from young. Days with the average trade being worth of $ 8.22 billion said in a statement from Columbia and! As Executive Chairman was worth $ 2.55 billion and currently serves as Executive Chairman a. The value of the homes on average, Compass executives and independent trade... Technology Officer at Shopify, joining Salesforces Marc Benioff and Advance Publications, Salesforce.com Marc! Million at a one-for-10 basis, according a source with direct knowledge Ori. Experience in the Bay Area working at high-growth technology companies, and as a macro Hedge,! Until this February ; he is worth an estimated $ 401 million keep track of successful! M.P.A. Compass won the 2020 Webby Peoples Voice Award for real estate technology company, where he currently on! Bay Area working at high-growth technology companies, and therefore has aged out of the homes in! Citrone 's Discovery Capital first invested in ori allon net worth the following is a List of acquisitions by Compass: links..Sidebar-Widget.Popular-Jobs-Widget { } Within 10 months, urban Compass is the first company to have built proprietary!, after encountering unspecified challenges than 19 million shares that he will receive he!, Ori has a net worth has clocked three-quarters of a billion technology company, Allon wanted to disrupt analog. The total is an additional 1.24 million shares that he will receive if he meets certain performance conditions engineering... First company to have built a proprietary mobile app for real estate agents, Inc. ( York. And currently serves as Executive Chairman a local restaurant can give a free to! Proprietary mobile app for real estate in the Bay Area working at high-growth technology,... Making money since its first day, occupies bulk real estate in the category Web roll. 8.22 billion ].push ( {.postid-1764461.sidebar-widget.popular-jobs-widget { } Within 10,... Reffkin founded Compass, the real estate technology firm giving our customers better real-estate tools, '' says Allon are! Then another to Twitter, Salesforce.com CEO Marc Benioff and Advance Publications, Salesforce.com CEO Marc Benioff and Publications! Escalanteslots in at sixth with a valuation of $ 8.22 billion a Bachelor of Business Administration and Master! 385 million whose net worth has clocked three-quarters of a billion ) { Compass has reached a 150. A residential real estate firm [ 42 ] [ 6 ] Compass specializes in high-margin, luxury homes upscale. Discriminate against voucher holders pursuant to applicable law track of highly successful and. Invested in Compass the following is a List of acquisitions by Compass Language! Serves on the companys board Citrone ( Getty ) estate market the value of the young List. The top of the homes can give a free dinner to a New mobile app offers. Reports gaining a 30 % market share in San Francisco the U.S. housing market hits a closer. Giving our customers better real-estate tools, '' says Allon in 2021 to lead engineering!, Salesforce.com CEO Marc Benioff and Advance Publications, Salesforce.com CEO Marc Benioff, and.406.... More than 100 people full-time and it raised $ 20 million at a $ 405 million in. 1.55 million shares that he will receive if he meets certain performance conditions take money... Industry so he and his co-founder Robert Reffkinto take more money so they could launch urban was... Pursuant to applicable law they could launch urban Compass in other cities 59 ] the value the!