| Niraj Shah | |
| Nationality: | American |
| Education: | Cornell University |
| Occupation: | Businessman |
| Known For: | Co-founder, co-chairman & CEO, Wayfair |
| Boards: | Wayfair |
| Spouse: | Jill Shah |
| Children: | 2 |
Niraj S. Shah (Hindi: नीरज शाह) (born 1973/1974) is an American businessman, and co-founder, co-chairman, and CEO of online retailer Wayfair.
Shah grew up in Pittsfield, Massachusetts, the son of immigrants from India.[1] His grandfather ran a "steel manufacturing business in India, making pots and pans". His father worked for General Electric as a mechanical engineer, and after his retirement, joined Wayfair early on, providing financial advice, and still works for the company.
Shah graduated from Cornell University, where he earned a bachelor's degree in engineering in 1995.[2]
Shah co-founded Wayfair in 2002 with his Cornell classmate, Steve Conine, and has been its CEO since its inception.[3] [4]
Shah was included in the Fortune list of "40 under 40" for 2013.[5]
Shah was a director of the Federal Reserve Bank of Boston from 2017 to 2019.[6]
In May 2017, Wayfair's share price rose above $70 per share, making Shah and his co-founder Steve Conine both billionaires. As of April 2022, his estimated net worth was $1.6 billion.[7]
Shah co-founded the Shah Family Foundation with his wife Jill in 2017, which supports education and healthcare programs.[8] [9]
Shah is married to Jill Shah; they have two children, and live in the Back Bay area of Boston. In 2013, Jill Shah sold her alternative medicine directory Jill's List, which employed 7 people, to California-based MINDBODY, and now runs their Boston office.[10] [11]