Patrick Byrne Net Worth

Patrick Byrne Net Worth, education, career, and more. Ready to get full details about Patrick Byrne in this article.

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Patrick M. Byrne Birth and Family

Patrick Byrne was born on November 29, 1962, in Fort Wayne, Indiana, U.S. He is the son of John J. Byrne and Dorothy Byrne. His father was the CEO of GEICO in insurance industry mogul, White Mountains Insurance Group, and Fireman’s Fund. He is not married but had a serious relationship with Russian agent Maria Butina in 2019.

The early life of Patrick Byrne

He grew up in Woodstock, Vermont, and Hanover, New Hampshire. In taekwondo, Byrne is a black belt and once pursued it as his career.

Patrick Byrne Education

In 1985, he attended Dartmouth College, New Hampshire, and received a Bachelor of Arts degree in Chinese (Asian studies) & Philosophy. He then, in 1989, went to the University of Cambridge in England as a Marshall scholar with a Master’s degree in Philosophy from Stanford University.

Patrick Byrne Career

Patrick Byrne is the Founder and CEO of Overstock. He began his career in the year 2001. He started Worldstock Fair Trade, an Overstock.com division that sells handcrafted products from artisans in developing nations, with a donation of Worldstock profits to fund philanthropic projects, including building 26 self-sustaining schools across Asia and Africa and educating thousands of students.

He also created the Main Street Revolution marketplace for small American entrepreneurs, a pet adoption service connecting people with 75,000 pets in less than two years. He also found Farmers Market, which now makes fresh, locally grown produce available to 45% of the U.S. population.

In 2006, he also served as Chairman of EdChoice, an organization leading the national push for school choice. Toward the goal of clean capital markets. In 2004, he began a citizen-journalist campaign that focused on regulatory capture, hedge fund mischief, systemic risk, settlement system failures, and the possibility of economic warfare against the U.S. by organized crime and foreign governments. In 2010, Overstock.com was marked as the No. 9 Best Company to Work for in the Country. Byrne became the CEO with the highest employee approval rating (92%).

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In 2012, Overstock.com, with $1.4 billion in revenue, became the first major online retailer to accept Bitcoin, when no firm with $1 million in revenue yet accepted cryptocurrencies as a payment method.

Patrick Byrne’s Life challenges

After his college graduation, Byrne had testicular cancer. Although he recovered from it, several bouts of cancer left him hospitalized for much of his 20s. Just weeks after graduating college at 22, he collapsed during a vacation in Scotland. He had testicular cancer that had metastasized throughout his body.

It ruined his physical and mental state. It ruined his plans and chances of being a competitive athlete. Within the next three years, cancer returned two more times. But he remains fearless, and with his firm determination, he overcame a life-threatening disease and became successful.

Patrick Byrne’s Income

He might have many sources of income, such as investments, business, and salary, but his income fluctuates yearly and depends on many economic factors.

Patrick Byrne resignation

After the revelation of his affair with Butina, he resigned his board seat and position as CEO of Overstock.com on August 22, 2019.

Patrick Byrne’s Stake shares

After his resignation, he sold some of his Overstock shares but remained the company’s largest shareholder even after his resignation, with a 14% stake.

Patrick Byrne’s Net worth

Patrick Byrne has an estimated net worth of $75 Million. There is no verified information on his income because he has not publicly disclosed his salary for privacy reasons.