Niraj  Shah net worth and biography

Niraj Shah Biography and Net Worth

CEO of Wayfair

Niraj Shah is the co-founder and CEO of Wayfair, an online furniture retailer headquartered in Boston.

Born in 1974 to Indian immigrants, Shah grew up in Pittsfield, Massachusetts. He met his future Wayfair co-founder, Steve Conine, in high school, and the two friends went on to attend Cornell University together.

Before starting CSN Stores—which would later become Wayfair—Shah and Conine founded enterprise software company, Simplify Mobile, which they sold in 2001. Shah was also the entrepreneur-in-residence for venture capital firm, Greylock Partners, chief operating officer at subscription-based learning site, iXL, and co-founder of the integrated technology and design company, Spinners, acquired by iXL in 1998.

The pair started CSN Stores in 2002, and they launched in 2011. 

Under Shah and Conine’s guidance, Wayfair quickly grew into a successful online retailer. The company now offers over 18 million products between five brands, Wayfair, AllModern, Birch Lane, Joss & Main and Perigold.

Wayfair went public in 2014, and when share prices rose above $70 in 2017, both founders became billionaires. 

Fortune Magazine featured Shah on its 40 Under 40 list in 2013. He sits on the boards of the Federal Reserve Bank of Boston, the Greater Boston Chamber of Commerce and the Massachusetts Competitive Partnership. 

Shah holds a degree in engineering from Cornell, and he resides in Boston, Massachusetts with his wife, Jill, and their two children.

What is Niraj Shah's net worth?

The estimated net worth of Niraj Shah is at least $16.64 million as of October 9th, 2023. Shah owns 299,137 shares of Wayfair stock worth more than $16,640,991 as of December 6th. This net worth evaluation does not reflect any other investments that Shah may own. Additionally, Shah receives a salary of $751,220.00 as CEO at Wayfair. Learn More about Niraj Shah's net worth.

How old is Niraj Shah?

Shah is currently 49 years old. There are 5 older executives and no younger executives at Wayfair. The oldest executive at Wayfair is Dr. Thomas Netzer, Chief Operating Officer, who is 53 years old. Learn More on Niraj Shah's age.

What is Niraj Shah's salary?

As the CEO of Wayfair Inc., Shah earns $751,220.00 per year. The highest earning executive at Wayfair is Ms. Kate Gulliver, CFO & Chief Administrative Officer, who commands a salary of $1,440,000.00 per year. Learn More on Niraj Shah's salary.

How do I contact Niraj Shah?

The corporate mailing address for Shah and other Wayfair executives is 4 COPLEY PLACE 7TH FLOOR, BOSTON MA, 02116. Wayfair can also be reached via phone at (617) 532-6100 and via email at [email protected]. Learn More on Niraj Shah's contact information.

Has Niraj Shah been buying or selling shares of Wayfair?

In the last ninety days, Niraj Shah has sold $534,200.00 of Wayfair stock. Most recently, Niraj Shah sold 10,000 shares of the business's stock in a transaction on Monday, October 9th. The shares were sold at an average price of $53.42, for a transaction totalling $534,200.00. Following the completion of the sale, the chief executive officer now directly owns 299,137 shares of the company's stock, valued at $15,979,898.54. Learn More on Niraj Shah's trading history.

Who are Wayfair's active insiders?

Wayfair's insider roster includes Jon Blotner (Insider), Michael Choe (Director), Steven Conine (Insider), Michael Fleisher (CFO), Kate Gulliver (CFO), Michael Kumin (Director), Edmond Macri (Insider), James Miller (CTO), John Mulliken (CTO), Thomas Netzer (COO), Steve Oblak (Insider), James Savarese (COO), Anke Schaferkordt (Director), Niraj Shah (CEO), and Fiona Tan (CTO). Learn More on Wayfair's active insiders.

Are insiders buying or selling shares of Wayfair?

During the last twelve months, insiders at the sold shares 47 times. They sold a total of 275,303 shares worth more than $14,875,827.83. The most recent insider tranaction occured on December, 4th when Director Anke Schaferkordt sold 12 shares worth more than $692.88. Insiders at Wayfair own 26.8% of the company. Learn More about insider trades at Wayfair.

Information on this page was last updated on 12/4/2023.

Niraj Shah Insider Trading History at Wayfair

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/9/2023Sell10,000$53.42$534,200.00299,137View SEC Filing Icon  
9/7/2023Sell10,000$70.37$703,700.00309,137View SEC Filing Icon  
12/1/2021Sell40,863$254.83$10,413,118.29View SEC Filing Icon  
1/14/2021Sell35,902$349.81$12,558,878.6269,869View SEC Filing Icon  
8/24/2020Sell4,098$348.26$1,427,169.48View SEC Filing Icon  
8/11/2020Sell28,137$323.18$9,093,315.6680,039View SEC Filing Icon  
8/7/2020Sell11,824$323.01$3,819,270.24160,000View SEC Filing Icon  
8/5/2020Sell40,000$298.00$11,920,000.00160,000View SEC Filing Icon  
4/23/2019Sell26,342$146.78$3,866,478.7626,000View SEC Filing Icon  
4/15/2019Sell26,000$147.96$3,846,960.0026,000View SEC Filing Icon  
4/8/2019Sell26,128$150.20$3,924,425.6033,780View SEC Filing Icon  
4/3/2019Sell5,000$154.03$770,150.007,780View SEC Filing Icon  
4/1/2019Sell26,000$148.67$3,865,420.0027,402View SEC Filing Icon  
3/18/2019Sell31,000$167.32$5,186,920.0084,880View SEC Filing Icon  
3/11/2019Sell31,000$168.82$5,233,420.00120,480View SEC Filing Icon  
2/25/2019Sell31,000$159.36$4,940,160.0093,080View SEC Filing Icon  
2/19/2019Sell17,000$123.10$2,092,700.00104,982View SEC Filing Icon  
2/11/2019Sell14,000$119.56$1,673,840.0027,280View SEC Filing Icon  
1/28/2019Sell9,000$104.10$936,900.0063,580View SEC Filing Icon  
1/7/2019Sell4,000$95.53$382,120.0076,022View SEC Filing Icon  
1/2/2019Sell1,000$92.57$92,570.0076,180View SEC Filing Icon  
12/27/2018Sell4,000$92.06$368,240.0076,780View SEC Filing Icon  
12/17/2018Sell4,000$95.80$383,200.0083,633View SEC Filing Icon  
12/12/2018Sell9,300$106.83$993,519.0092,580View SEC Filing Icon  
11/27/2018Sell3,550$93.02$330,221.0044,380View SEC Filing Icon  
11/13/2018Sell4,000$92.75$371,000.00View SEC Filing Icon  
11/5/2018Sell4,000$95.01$380,040.0052,480View SEC Filing Icon  
10/31/2018Sell11,701$107.95$1,263,122.9564,558View SEC Filing Icon  
10/29/2018Sell9,501$106.96$1,016,226.9664,558View SEC Filing Icon  
10/16/2018Sell18,158$120.41$2,186,404.7899,939View SEC Filing Icon  
10/8/2018Sell17,600$131.10$2,307,360.00112,638View SEC Filing Icon  
10/1/2018Sell26,000$144.18$3,748,680.00138,738View SEC Filing Icon  
9/26/2018Sell5,000$142.08$710,400.00166,338View SEC Filing Icon  
9/24/2018Sell21,000$137.04$2,877,840.00166,338View SEC Filing Icon  
9/17/2018Sell1,168$146.56$171,182.0832,006View SEC Filing Icon  
9/10/2018Sell21,000$135.75$2,850,750.0048,566View SEC Filing Icon  
9/4/2018Sell21,000$136.57$2,867,970.0071,401View SEC Filing Icon  
8/27/2018Sell17,000$128.91$2,191,470.0089,703View SEC Filing Icon  
8/20/2018Sell17,000$121.56$2,066,520.0058,206View SEC Filing Icon  
7/23/2018Sell17,000$127.06$2,160,020.0068,051View SEC Filing Icon  
7/17/2018Sell18,142$121.08$2,196,633.3687,293View SEC Filing Icon  
7/9/2018Sell14,000$120.00$1,680,000.0021,897View SEC Filing Icon  
7/2/2018Sell14,000$116.17$1,626,380.00View SEC Filing Icon  
6/25/2018Sell4,000$110.59$442,360.0043,393View SEC Filing Icon  
6/18/2018Sell5,164$111.45$575,527.8049,157View SEC Filing Icon  
6/15/2018Sell1,164$107.61$125,258.0449,157View SEC Filing Icon  
6/11/2018Sell4,000$104.87$419,480.0047,357View SEC Filing Icon  
6/6/2018Sell2,000$102.06$204,120.0052,657View SEC Filing Icon  
6/4/2018Sell2,000$94.73$189,460.0052,657View SEC Filing Icon  
5/30/2018Sell2,000$92.07$184,140.0054,657View SEC Filing Icon  
5/15/2018Sell853$82.80$70,628.4057,510View SEC Filing Icon  
4/16/2018Sell754$67.31$50,751.7455,764View SEC Filing Icon  
3/15/2018Sell762$84.57$64,442.34View SEC Filing Icon  
2/20/2018Sell2,769$97.45$269,839.05View SEC Filing Icon  
2/12/2018Sell2,000$92.11$184,220.00View SEC Filing Icon  
1/24/2018Sell2,000$92.03$184,060.0023,795View SEC Filing Icon  
1/16/2018Sell906$85.96$77,879.7626,701View SEC Filing Icon  
12/15/2017Sell1,213$76.35$92,612.5525,414View SEC Filing Icon  
11/15/2017Sell1,228$64.00$78,592.0061,642View SEC Filing Icon  
10/16/2017Sell1,214$71.22$86,461.08View SEC Filing Icon  
9/15/2017Sell1,216$79.97$97,243.5221,572View SEC Filing Icon  
8/29/2017Sell41,000$67.87$2,782,670.00260,072View SEC Filing Icon  
8/28/2017Sell14,200$68.52$972,984.00260,072View SEC Filing Icon  
8/23/2017Sell12,000$66.95$803,400.0059,072View SEC Filing Icon  
8/22/2017Sell12,000$66.73$800,760.0059,072View SEC Filing Icon  
8/21/2017Sell16,000$65.98$1,055,680.0059,072View SEC Filing Icon  
8/16/2017Sell36,058$70.57$2,544,613.0610,130View SEC Filing Icon  
8/14/2017Sell10,000$70.68$706,800.007,630View SEC Filing Icon  
8/9/2017Sell55,000$76.65$4,215,750.0072,630View SEC Filing Icon  
8/2/2017Sell50,000$75.51$3,775,500.0072,630View SEC Filing Icon  
7/26/2017Sell5,000$79.28$396,400.0055,000View SEC Filing Icon  
7/25/2017Sell24,000$76.30$1,831,200.0055,000View SEC Filing Icon  
7/24/2017Sell26,000$76.42$1,986,920.0055,000View SEC Filing Icon  
7/17/2017Sell50,839$75.22$3,824,109.5883,469View SEC Filing Icon  
7/10/2017Sell50,000$73.77$3,688,500.0086,136View SEC Filing Icon  
7/5/2017Sell50,000$75.25$3,762,500.00174,969View SEC Filing Icon  
6/19/2017Sell50,850$73.88$3,756,798.0081,819View SEC Filing Icon  
5/30/2017Sell40,000$63.97$2,558,800.00209,319View SEC Filing Icon  
5/9/2017Sell16,000$59.56$952,960.0092,649View SEC Filing Icon  
5/8/2017Sell24,000$48.70$1,168,800.0099,049View SEC Filing Icon  
5/2/2017Sell24,000$47.67$1,144,080.00145,049View SEC Filing Icon  
4/24/2017Sell18,000$46.65$839,700.008,649View SEC Filing Icon  
4/17/2017Sell18,837$43.57$820,728.0945,486View SEC Filing Icon  
4/3/2017Sell12,000$40.61$487,320.0063,099View SEC Filing Icon  
3/15/2017Sell829$37.09$30,747.6123,815View SEC Filing Icon  
2/15/2017Sell12,844$42.02$539,704.8832,159View SEC Filing Icon  
1/30/2017Sell12,000$41.33$495,960.0056,159View SEC Filing Icon  
1/23/2017Sell12,000$40.10$481,200.0067,659View SEC Filing Icon  
1/17/2017Sell12,949$40.13$519,643.3730,608View SEC Filing Icon  
12/15/2016Sell1,198$37.66$45,116.6841,306View SEC Filing Icon  
9/26/2016Sell12,000$41.37$496,440.0035,689View SEC Filing Icon  
9/19/2016Sell12,000$41.36$496,320.0047,689View SEC Filing Icon  
9/15/2016Sell811$39.80$32,277.8060,500View SEC Filing Icon  
9/6/2016Sell12,000$40.05$480,600.0070,000View SEC Filing Icon  
8/8/2016Sell12,000$47.85$574,200.0012,000View SEC Filing Icon  
8/1/2016Sell12,000$44.49$533,880.0012,000View SEC Filing Icon  
7/26/2016Sell12,000$40.44$485,280.001,997View SEC Filing Icon  
7/25/2016Sell1,997$40.10$80,079.701,997View SEC Filing Icon  
7/18/2016Sell12,000$40.38$484,560.0012,000View SEC Filing Icon  
7/11/2016Sell12,000$40.72$488,640.0012,000View SEC Filing Icon  
6/6/2016Sell12,000$40.95$491,400.0012,000View SEC Filing Icon  
5/31/2016Sell12,000$40.73$488,760.0010,000View SEC Filing Icon  
5/23/2016Sell12,000$40.92$491,040.00134,000View SEC Filing Icon  
5/9/2016Sell12,000$40.00$480,000.0012,000View SEC Filing Icon  
4/25/2016Sell4,900$40.07$196,343.004,900View SEC Filing Icon  
4/18/2016Sell12,000$40.92$491,040.0012,000View SEC Filing Icon  
4/12/2016Sell12,000$40.68$488,160.003,133View SEC Filing Icon  
4/4/2016Sell12,000$42.72$512,640.0012,000View SEC Filing Icon  
3/1/2016Sell78,283$39.95$3,127,405.8578,283View SEC Filing Icon  
1/4/2016Sell78,283$45.18$3,536,825.94View SEC Filing Icon  
11/2/2015Sell78,283$42.69$3,341,901.27250,000View SEC Filing Icon  
9/1/2015Sell62,626$36.11$2,261,424.86View SEC Filing Icon  
6/2/2015Sell62,626$29.08$1,821,164.08View SEC Filing Icon  
6/1/2015Sell39,126$29.08$1,137,784.08View SEC Filing Icon  
4/1/2015Sell62,626$31.62$1,980,234.12View SEC Filing Icon  
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Niraj Shah Buying and Selling Activity at Wayfair

This chart shows Niraj Shah's buying and selling at Wayfair by year and by quarter.

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Wayfair Company Overview

Wayfair logo
Wayfair Inc. engages in the e-commerce business in the United States and internationally. The company provides approximately fourty million products for the home sector under various brands. It offers online selections of furniture, décor, housewares, and home improvement products through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional. The company was founded in 2002 and is headquartered in Boston, Massachusetts.
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Today's Range

Now: $53.83
Low: $53.28
High: $56.62

50 Day Range

MA: $49.65
Low: $39.29
High: $62.50

2 Week Range

Now: $53.83
Low: $29.51
High: $90.71


2,207,364 shs

Average Volume

5,026,034 shs

Market Capitalization

$6.35 billion

P/E Ratio


Dividend Yield