$5.2 billion
up 18.2%
Skoll, 60, made the bulk of his wealth in Silicon Valley at auction site eBay Inc. during the late 1990s. He left eBay and cashed out nearly $2 billion. In March, Capricorn Investment Group, Skoll’s mission-driven investment firm, hired two co-heads of its Caprock platform, which manages capital for wealthy families, foundations, and institutions seeking to align their portfolios with sustainability goals. The firm noted at the time that there is “robust demand” for impact investing. In April 2024, Skoll parted ways with Hollywood when he shuttered Participant Media, the company he founded, after quietly trying to sell the company for almost a year. Participant produced socially conscious content such as “Good Night, and Good Luck,” “Green Book” and “An Inconvenient Truth.” Real Estate: In November, Skoll purchased a $17 million compound outside Washington D.C., which spans about 9 acres and includes a newly constructed mansion and a historic estate. As part owner of the Washington Capitals hockey team, the billionaire will be able to see games more easily. The Wall Street Journal reported that Skoll plans to live in the 11,600 square foot mansion while restoring an adjacent historic estate. Charity: He announced at the Skoll World Forum in April that his Skoll Foundation would provide $25 million to an emergency fund to alleviate U.S. spending cuts in international aid. In March, the foundation announced that current Chief Executive Don Gips would transition to CEO Emeritus and pass the top role to Marla Blow, previously president and chief operating officer of the organization. Skoll remains as board chair.
