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Time Magazine
20-05-2025
- Business
- Time Magazine
Pam Omidyar and Pierre Omidyar
Iranian-American entrepreneur Pierre Omidyar founded eBay in 1995, and within a few years, he and his wife Pam were billionaires. Since then, they have committed to using the majority of their wealth to improve the lives of others, giving over $4 billion to causes from humanitarian aid to global democracy, and creating a network of new institutions in the process. In 2004, they founded the Omidyar Network, which to date has invested almost $2 billion in both nonprofit and for-profit organizations focused on innovative technology, civic engagement, and media initiatives that serve the public interest. Among them: the Democracy Fund, which does grantmaking and civic advocacy in the U.S., and Luminate, which funds work to improve information ecosystems and civic participation with a focus on Africa, Asia, and Latin America. The couple have also founded institutions individually: First Look Media, for example, was launched by Pierre to support independent journalism, while Hopelab, founded by Pam, seeks to use technology to improve youth mental latest initiative: at the 2025 AI Action Summit in Paris, their organization for AI in the public interest, AI Collaborative, helped establish a $400 million public-private partnership bringing together governments, tech companies, and philanthropic organizations to ensure the technology serves democratic interests.
Yahoo
20-05-2025
- Business
- Yahoo
Pam Omidyar and Pierre Omidyar
Credit - Courtesy Michele Clement Iranian-American entrepreneur Pierre Omidyar founded eBay in 1995, and within a few years, he and his wife Pam were billionaires. Since then, they have committed to using the majority of their wealth to improve the lives of others, giving over $4 billion to causes from humanitarian aid to global democracy, and creating a network of new institutions in the process. In 2004, they founded the Omidyar Network, which to date has invested almost $2 billion in both nonprofit and for-profit organizations focused on innovative technology, civic engagement, and media initiatives that serve the public interest. Among them: the Democracy Fund, which does grantmaking and civic advocacy in the U.S., and Luminate, which funds work to improve information ecosystems and civic participation with a focus on Africa, Asia, and Latin America. The couple have also founded institutions individually: First Look Media, for example, was launched by Pierre to support independent journalism, while Hopelab, founded by Pam, seeks to use technology to improve youth mental latest initiative: at the 2025 AI Action Summit in Paris, their organization for AI in the public interest, AI Collaborative, helped establish a $400 million public-private partnership bringing together governments, tech companies, and philanthropic organizations to ensure the technology serves democratic interests. Contact us at letters@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
