Patrick Byrne’s Net Worth, Biography, Career, Awards, Fact and Life Story

Net Worth: $75 Million

Patrick Byrne net worth: Patrick Byrne is an American entrepreneur who has a net worth of $75 million. He is best known for being the former CEO of Overstock.com.

Patrick Byrne was born in Fort Wayne, Indiana in 1962. He graduated from Dartmouth College and Cambridge University and earned his Ph.D. from Stanford University. He launched Overstock in 1999 and took the company public in 2002. In 2005 he was known for his campaign against illegal naked short selling and has been an advocate for cryptocurrencies with Overstock.com being the first major online retailer to accept bitcoin in 2014. Byrne took a leave of absence in 2016 for health reasons. In 2019 he resigned after allegations of him being in an intimate relationship with Maria Butina along with controversial comments he made. He has also served as the chairman of EdChoice and an investigative journalist. He was named Entrepreneur of the Year by Ernst & Young.

Stock Holdings: In September 2019 Patrick announced his intention to sell all of his shares in Overstock, roughly 4.8 million shares, or 13% of the company. The sale announcement came a few weeks after putting out a bizarre press release related to the Maria Butina affair. On September 18, 2019, an SEC filing confirmed that Patrick had sold all but 87,000 shares in the company, generating $90 million in pre-tax proceeds. The remaining 87,000 shares were gifted to an unnamed entity.

You May Also Like

Rod Woodson’s Net Worth, Biography, Career, Awards, Fact and Life Story

Rod Woodson net worth: Rod Woodson is an American professional football coach and retired professional football player who has a net worth of $7 million. Rod Woodson was born in Fort Wayne, Indiana in March 1965. He was a defensive back who was a USA Today High School All-American at Fort Wayne Snider High School. Woodson played his college football at Purdue and was a two time First-team All-American and three time First-team All-Big Ten selection. He was drafted #10 by the Pittsburgh Steelers in the 1987 NFL Draft. Woodson played for Pittsburgh from 1987 to 1996. He also played for the San Francisco 49ers in 1997, the Baltimore Ravens from 1998 to 2001, and the Oakland Raiders from 2002 to 2003. He was a Super Bowl champion and 11-time Pro Bowl selection. Woodson was a six time First-Team All-Pro and was named NFL Defensive Player of the Year and AFC Player of the Year in 1993. He also led the NFL in interceptions for two seasons. Woodson became a cornerbacks coach for the Raiders in 2011. He was an assistant defensive backs coach for the team from 2015 to 2016 before becoming the cornerbacks coach again in 2017. Woodson was inducted into the Pro Football Hall of Fame in 2009.
Read More