Tim O’Shaughnessy Net Worth

Table of Information

What is Tim O’Shaughnessy’s Net Worth?

Tim O’Shaugnessy, an American businessman and CEO, has an estimated net worth of $100 million. His wealth has been accumulated through his successful career in the business world and his involvement in the founding and growth of various companies over the years.

Highlights

• Tim O’Shaughnessy’s net worth is approximately $100 million.
• He is an American businessman and CEO.
• O’Shaughnessy co-founded the popular daily deal website LivingSocial.
• He was named President and CEO of Graham Holdings in 2015.
• O’Shaughnessy has a bachelor’s degree from Georgetown University.

Early Life

Tim O’Shaughnessy was born in 1981 in Minnesota and grew up in a family of business people. His father ran a small business for 30 years, and his grandfather was involved in starting and running multiple companies. As a child, O’Shaughnessy had an interest in baseball and aspired to play professionally. He also started his own handyman and lawnmower businesses within his community. O’Shaughnessy’s mathematical skills and ability to recite information from baseball cards earned him the nickname “Stat Man.” He graduated from Georgetown University in Washington, D.C. in 2004 with a bachelor’s degree.

Career

After completing his education, Tim O’Shaughnessy began his career as a product manager at AOL. He later moved on to become a Vice President at Revolution Health, where he and his colleagues launched several successful Facebook apps. It was during this time that O’Shaughnessy, along with Aaron Batalion, Eddie Frederick, and Val Aleksenko, co-founded a website originally known as Hungry Machine. The site eventually became LivingSocial, a popular daily deals platform.

Personal Life

Tim O’Shaughnessy is married to Laura Graham O’Shaughnessy. Laura is a member of the Graham family, with her father, Donald E. Graham, being the majority owner of Graham Holdings Company. The Graham family has a rich history in the media industry, with Tim’s mother-in-law, Katharine Graham, having led The Washington Post for several decades. Tim and Laura reside in Washington, D.C., and they have three children.

Net Worth Over Time

Tim O’Shaughnessy’s net worth has seen fluctuations over the years due to his involvement in various ventures and business endeavors. He initially gained attention and wealth through the success of LivingSocial, which reached a valuation of $6 billion at its peak in 2011. However, the company faced challenges and downsizing, leading to lay-offs and reduced revenue. Despite this, O’Shaughnessy’s net worth remains substantial, thanks to his ownership of company shares.

Components of Net Worth

The main components contributing to Tim O’Shaughnessy’s net worth include his ownership of company shares, particularly in Graham Holdings Company, where he serves as CEO and President. Tim and his wife collectively own around 4.2% of the company’s Class B shares, worth approximately $130 million. They also hold a 5% stake in the company’s Class A shares. Additionally, O’Shaughnessy’s professional career, which includes his role as a CEO and his previous involvement with LivingSocial, has contributed significantly to his overall net worth.

In conclusion, Tim O’Shaughnessy’s net worth is estimated to be $100 million. As an accomplished businessman and CEO, he has experienced success through his various ventures, including LivingSocial and his current position at Graham Holdings. O’Shaughnessy’s net worth is composed of his ownership of company shares and the wealth he has accumulated throughout his career in the business world.

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