Niraj Shah Biography and Net Worth

Co-Founder, Co-Chairman & 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 Wayfair.com 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 $7.73 million as of July 8th, 2024. Shah owns 209,137 shares of Wayfair stock worth more than $7,732,841 as of March 26th. This net worth evaluation does not reflect any other investments that Shah may own. Additionally, Shah receives a salary of $225,170.00 as Co-Founder, Co-Chairman & CEO at Wayfair. Learn More about Niraj Shah's net worth.
How old is Niraj Shah?: Shah is currently 50 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 Co-Founder, Co-Chairman & CEO of Wayfair Inc., Shah earns $225,170.00 per year. There are 4 executives that earn more than Shah. The highest earning executive at Wayfair is Mr. Jon Blotner, Chief Commercial Officer, who commands a salary of $1,010,000.00 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 ir@wayfair.com. Learn More on Niraj Shah's contact information.
Has Niraj Shah been buying or selling shares of Wayfair?: Niraj Shah has not been actively trading shares of Wayfair during the last ninety days. Most recently, Niraj Shah sold 10,000 shares of the business's stock in a transaction on Monday, July 8th. The shares were sold at an average price of $52.62, for a transaction totalling $526,200.00. Following the completion of the sale, the chief executive officer now directly owns 209,137 shares of the company's stock, valued at $11,004,788.94. 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 (Co-Founder, Co-Chairman & 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 41 times. They sold a total of 337,878 shares worth more than $17,344,007.30. The most recent insider tranaction occured on February, 20th when insider Steven Conine sold 30,000 shares worth more than $1,389,900.00. Insiders at Wayfair own 26.8% of the company. Learn More about insider trades at Wayfair.
Information on this page was last updated on 2/20/2025.

Niraj Shah Insider Trading History at Wayfair

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
7/8/2024	Sell	10,000	$52.62	$526,200.00	209,137
4/8/2024	Sell	10,000	$64.58	$645,800.00	239,137
3/7/2024	Sell	10,000	$59.90	$599,000.00	249,137
2/8/2024	Sell	1,700	$52.02	$88,434.00	267,437
1/8/2024	Sell	10,000	$55.85	$558,500.00	269,137
10/9/2023	Sell	10,000	$53.42	$534,200.00	299,137
9/7/2023	Sell	10,000	$70.37	$703,700.00	309,137
12/1/2021	Sell	40,863	$254.83	$10,413,118.29
1/14/2021	Sell	35,902	$349.81	$12,558,878.62	69,869
8/24/2020	Sell	4,098	$348.26	$1,427,169.48
8/11/2020	Sell	28,137	$323.18	$9,093,315.66	80,039
8/7/2020	Sell	11,824	$323.01	$3,819,270.24	160,000
8/5/2020	Sell	40,000	$298.00	$11,920,000.00	160,000
4/23/2019	Sell	26,342	$146.78	$3,866,478.76	26,000
4/15/2019	Sell	26,000	$147.96	$3,846,960.00	26,000
4/8/2019	Sell	26,128	$150.20	$3,924,425.60	33,780
4/3/2019	Sell	5,000	$154.03	$770,150.00	7,780
4/1/2019	Sell	26,000	$148.67	$3,865,420.00	27,402
3/18/2019	Sell	31,000	$167.32	$5,186,920.00	84,880
3/11/2019	Sell	31,000	$168.82	$5,233,420.00	120,480
2/25/2019	Sell	31,000	$159.36	$4,940,160.00	93,080
2/19/2019	Sell	17,000	$123.10	$2,092,700.00	104,982
2/11/2019	Sell	14,000	$119.56	$1,673,840.00	27,280
1/28/2019	Sell	9,000	$104.10	$936,900.00	63,580
1/7/2019	Sell	4,000	$95.53	$382,120.00	76,022
1/2/2019	Sell	1,000	$92.57	$92,570.00	76,180
12/27/2018	Sell	4,000	$92.06	$368,240.00	76,780
12/17/2018	Sell	4,000	$95.80	$383,200.00	83,633
12/12/2018	Sell	9,300	$106.83	$993,519.00	92,580
11/27/2018	Sell	3,550	$93.02	$330,221.00	44,380
11/13/2018	Sell	4,000	$92.75	$371,000.00
11/5/2018	Sell	4,000	$95.01	$380,040.00	52,480
10/31/2018	Sell	11,701	$107.95	$1,263,122.95	64,558
10/29/2018	Sell	9,501	$106.96	$1,016,226.96	64,558
10/16/2018	Sell	18,158	$120.41	$2,186,404.78	99,939
10/8/2018	Sell	17,600	$131.10	$2,307,360.00	112,638
10/1/2018	Sell	26,000	$144.18	$3,748,680.00	138,738
9/26/2018	Sell	5,000	$142.08	$710,400.00	166,338
9/24/2018	Sell	21,000	$137.04	$2,877,840.00	166,338
9/17/2018	Sell	1,168	$146.56	$171,182.08	32,006
9/10/2018	Sell	21,000	$135.75	$2,850,750.00	48,566
9/4/2018	Sell	21,000	$136.57	$2,867,970.00	71,401
8/27/2018	Sell	17,000	$128.91	$2,191,470.00	89,703
8/20/2018	Sell	17,000	$121.56	$2,066,520.00	58,206
7/23/2018	Sell	17,000	$127.06	$2,160,020.00	68,051
7/17/2018	Sell	18,142	$121.08	$2,196,633.36	87,293
7/9/2018	Sell	14,000	$120.00	$1,680,000.00	21,897
7/2/2018	Sell	14,000	$116.17	$1,626,380.00
6/25/2018	Sell	4,000	$110.59	$442,360.00	43,393
6/18/2018	Sell	5,164	$111.45	$575,527.80	49,157
6/15/2018	Sell	1,164	$107.61	$125,258.04	49,157
6/11/2018	Sell	4,000	$104.87	$419,480.00	47,357
6/6/2018	Sell	2,000	$102.06	$204,120.00	52,657
6/4/2018	Sell	2,000	$94.73	$189,460.00	52,657
5/30/2018	Sell	2,000	$92.07	$184,140.00	54,657
5/15/2018	Sell	853	$82.80	$70,628.40	57,510
4/16/2018	Sell	754	$67.31	$50,751.74	55,764
3/15/2018	Sell	762	$84.57	$64,442.34
2/20/2018	Sell	2,769	$97.45	$269,839.05
2/12/2018	Sell	2,000	$92.11	$184,220.00
1/24/2018	Sell	2,000	$92.03	$184,060.00	23,795
1/16/2018	Sell	906	$85.96	$77,879.76	26,701
12/15/2017	Sell	1,213	$76.35	$92,612.55	25,414
11/15/2017	Sell	1,228	$64.00	$78,592.00	61,642
10/16/2017	Sell	1,214	$71.22	$86,461.08
9/15/2017	Sell	1,216	$79.97	$97,243.52	21,572
8/29/2017	Sell	41,000	$67.87	$2,782,670.00	260,072
8/28/2017	Sell	14,200	$68.52	$972,984.00	260,072
8/23/2017	Sell	12,000	$66.95	$803,400.00	59,072
8/22/2017	Sell	12,000	$66.73	$800,760.00	59,072
8/21/2017	Sell	16,000	$65.98	$1,055,680.00	59,072
8/16/2017	Sell	36,058	$70.57	$2,544,613.06	10,130
8/14/2017	Sell	10,000	$70.68	$706,800.00	7,630
8/9/2017	Sell	55,000	$76.65	$4,215,750.00	72,630
8/2/2017	Sell	50,000	$75.51	$3,775,500.00	72,630
7/26/2017	Sell	5,000	$79.28	$396,400.00	55,000
7/25/2017	Sell	24,000	$76.30	$1,831,200.00	55,000
7/24/2017	Sell	26,000	$76.42	$1,986,920.00	55,000
7/17/2017	Sell	50,839	$75.22	$3,824,109.58	83,469
7/10/2017	Sell	50,000	$73.77	$3,688,500.00	86,136
7/5/2017	Sell	50,000	$75.25	$3,762,500.00	174,969
6/19/2017	Sell	50,850	$73.88	$3,756,798.00	81,819
5/30/2017	Sell	40,000	$63.97	$2,558,800.00	209,319
5/9/2017	Sell	16,000	$59.56	$952,960.00	92,649
5/8/2017	Sell	24,000	$48.70	$1,168,800.00	99,049
5/2/2017	Sell	24,000	$47.67	$1,144,080.00	145,049
4/24/2017	Sell	18,000	$46.65	$839,700.00	8,649
4/17/2017	Sell	18,837	$43.57	$820,728.09	45,486
4/3/2017	Sell	12,000	$40.61	$487,320.00	63,099
3/15/2017	Sell	829	$37.09	$30,747.61	23,815
2/15/2017	Sell	12,844	$42.02	$539,704.88	32,159
1/30/2017	Sell	12,000	$41.33	$495,960.00	56,159
1/23/2017	Sell	12,000	$40.10	$481,200.00	67,659
1/17/2017	Sell	12,949	$40.13	$519,643.37	30,608
12/15/2016	Sell	1,198	$37.66	$45,116.68	41,306
9/26/2016	Sell	12,000	$41.37	$496,440.00	35,689
9/19/2016	Sell	12,000	$41.36	$496,320.00	47,689
9/15/2016	Sell	811	$39.80	$32,277.80	60,500
9/6/2016	Sell	12,000	$40.05	$480,600.00	70,000
8/8/2016	Sell	12,000	$47.85	$574,200.00	12,000
8/1/2016	Sell	12,000	$44.49	$533,880.00	12,000
7/26/2016	Sell	12,000	$40.44	$485,280.00	1,997
7/25/2016	Sell	1,997	$40.10	$80,079.70	1,997
7/18/2016	Sell	12,000	$40.38	$484,560.00	12,000
7/11/2016	Sell	12,000	$40.72	$488,640.00	12,000
6/6/2016	Sell	12,000	$40.95	$491,400.00	12,000
5/31/2016	Sell	12,000	$40.73	$488,760.00	10,000
5/23/2016	Sell	12,000	$40.92	$491,040.00	134,000
5/9/2016	Sell	12,000	$40.00	$480,000.00	12,000
4/25/2016	Sell	4,900	$40.07	$196,343.00	4,900
4/18/2016	Sell	12,000	$40.92	$491,040.00	12,000
4/12/2016	Sell	12,000	$40.68	$488,160.00	3,133
4/4/2016	Sell	12,000	$42.72	$512,640.00	12,000
3/1/2016	Sell	78,283	$39.95	$3,127,405.85	78,283
1/4/2016	Sell	78,283	$45.18	$3,536,825.94
11/2/2015	Sell	78,283	$42.69	$3,341,901.27	250,000
9/1/2015	Sell	62,626	$36.11	$2,261,424.86
6/2/2015	Sell	62,626	$29.08	$1,821,164.08
6/1/2015	Sell	39,126	$29.08	$1,137,784.08
4/1/2015	Sell	62,626	$31.62	$1,980,234.12

See Full Table

Niraj Shah Buying and Selling Activity at Wayfair

Wayfair Company Overview

Wayfair Inc. provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional. The company offers its products under the Three Posts and Mercury Row brand name. The company was founded in 2002 and is headquartered in Boston, Massachusetts.

Today's Range

Now: $36.98

$35.98

$38.99

50 Day Range

MA: $41.78

$30.11

$50.16

2 Week Range

Now: $36.98

$29.68

$76.18

Volume

4,701,354 shs

Average Volume

4,251,843 shs

Market Capitalization

$4.69 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

3.44

Niraj Shah Biography and Net Worth

What is Niraj Shah's net worth?

How old is Niraj Shah?

What is Niraj Shah's salary?

How do I contact Niraj Shah?

Has Niraj Shah been buying or selling shares of Wayfair?

Who are Wayfair's active insiders?

Are insiders buying or selling shares of Wayfair?