$8 Billion         |         Rank #284

Who is Michael Rubin

After dropping out of Villanova University, Rubin started GSI Commerce, which he sold to eBay for $2.4 billion in 2011.
As part of the deal he paid $500 million for majority ownership of 3 assets eBay didn’t want: Fanatics, Rue La La and ShopRunner.
In 2018, flash-sales site Rue La La acquired rival Gilt Groupe. In 2019, mall operator Simon Property Group took a 50% stake in the combined company.
Rubin sold ShopRunner to FedEx for an undisclosed amount in 2020. He still owns minority stakes in Fanatics and Rue Gilt Group.
Coming from an average or middle class family, Michael Rubin is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 284 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 49.0 years old. As of today, Michael Rubin’s net worth is approximately 8 Billion.

Facts about Michael Rubin

To find out what is Michael Rubin Net Worth, how he got there and what is Michael Rubin Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Michael Rubin

Michael Rubin was born on 21-07-72 in United States. Rubin owns minority stakes in the Philadelphia 76ers, the New Jersey Devils and the English Premier League soccer team Crystal Palace FC. At age 12 Rubin founded a ski-tuning shop, called Mike’s Ski & Sport, in his parents’ basement. Being raised in the same country, Michael Rubin spent most of his time in Pennsylvania in the city of Bryn Mawr.

Michael Rubin net worth is estimated at 8 Billion Billion to date.

Professional Journey

Michael Rubin is currently working as Entrepreneur at the world famous Kynetic. You will see him often in social media.  Michael Rubin is the founder and CEO of online sports merchandising retailer Fanatics. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. Rubin owns minority stakes in the Philadelphia 76ers, the New Jersey Devils and the English Premier League soccer team Crystal Palace FC. In his youth, he was adventurous but unknown, but that was years ago. After dropping out of Villanova University, Rubin started GSI Commerce, which he sold to eBay for $2.4 billion in 2011.
As part of the deal he paid $500 million for majority ownership of 3 assets eBay didn’t want: Fanatics, Rue La La and ShopRunner.
In 2018, flash-sales site Rue La La acquired rival Gilt Groupe. In 2019, mall operator Simon Property Group took a 50% stake in the combined company.
Rubin sold ShopRunner to FedEx for an undisclosed amount in 2020. He still owns minority stakes in Fanatics and Rue Gilt Group.
He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Michael Rubin is the founder and CEO of online sports merchandising retailer Fanatics.
It is to be noted that Michael Rubin is one of the selfmade billionaires in the world and stands at 284 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Michael Rubin:

How much is Michael Rubin worth?

Michael Rubin’s net worth is estimated to be 8 Billion.

How old is Michael Rubin?

Michael Rubin was born on 21-07-72, and is currently 49.0 years old.

What is Michael Rubin source of income?

Michael Rubin acquires most part of his wealth from online retail.
 

Concluding Michael Rubin Net Worth

Currently with a net worth of 8 Billion, Michael Rubin stands at 284 in the world billionaires list. And draws most of his wealth from online retail. Hope you like this information about Michael Rubin. If you like this, then please share it with your friends. This above post is all about the estimated worth of Michael Rubin. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Michael Rubin. Actual worth may vary a little. You can always get information by checking out Leaktown.com.