Net Worth: $4.4 B
LAST YEAR: 4.5
CHANGE: -1.7%
AGE: 58
RESIDENCE: Beverly Hills
SOURCE OF WEALTH: Investments, e-commerce, entertainment
THE MONEY: Skoll’s main revenue generator, his Capricorn Investment Group hedge fund, rebounded by 5% in value over the past 12 months, adding $120 million to his net worth. But this gain was more than offset by losses in his public company holdings, including PayPal and eBay. His socially conscious film studio, Participant Media, did not fare well financially, as few, if any, films have made money since the public began returning to theaters.
THE BUZZ: Skoll, who was born in Montreal, was the first president of eBay and was rewarded handsomely with a huge number of eBay shares. He used that early success as a jumping-off point into other ventures, including the launch of hedge fund Capricorn, philanthropic efforts through his Skoll Foundation and the launch of Participant Media, which focuses on making socially conscious films. In November, Skoll entered the sports world, investing to become a minority owner of Monumental Sports & Entertainment.