Your News, Your Way

Gurbaksh Chahal Net Worth: What Was the Reason for His Arrest?

Internet entrepreneur Gurbaksh Singh Chahal, who is Indian-American, launched several online advertising businesses. Entrepreneur Gurbaksh Singh Chahal, an Indian-American internet entrepreneur, has launched several online advertising companies.

Since then, he’s worked on several high-profile projects, including BlueLithium, which was bought by Yahoo for $300 million in 2004. RadiumOne and Gravity4 are two of Chahal’s latest web ventures, which he has started in the past year. VendorCloud and RedLotus both have him as their CEO.

Early Life of Gurbaksh Chahal 

Chahal was born on July 17, 1982, in Tarn Taran Sahib, a Sikh hamlet near Amritsar in the Indian state of Punjab. He was the fourth child of a four-child household. His father Avtar Singh was a Tarn Taran Sahib Police Department officer, while his mother, Arjinder Chahal, worked as a hospital orderly and afterward as an RN at Tarn Taran Sahib.

His parents escaped the Khalistani revolt in 1985 after his father won a green card lottery, and he was born in San Jose, California. Grandmother Chahal was Chahal’s primary caretaker for a short time. His period relocated to Canada the next year when he was just four years old.

Gurbaksh Chahal Net Worth

The family lived in a one-bedroom apartment in San Jose, California. His father worked for the Postal Service, while his mother was a nurse’s aide. Taj Chahal, his older brother, has previously cooperated with him in addition to his two older sisters, Nirmal and Kamal.

Chahal and his brother, who were both devout Sikhs, wore turbans, a type of headdress made by wrapping cloth. He has alleged that he has been the subject of severe racial bullying since he was five years old while attending the local elementary school. He was threatened with a knife at the age of ten and forced to remove his turban.

Chahal was an ordinary student who received B and C ratings in his studies. At the age of 15, he acquired used printers from the local market for $50 and resold them on eBay for $200 to support his family. Chahal purchased the Dell.net and HP.net domain names in 1997 and wrote to the firms offering to sell the names back to them for $10,000.

He began receiving cease-and-desist letters and was forced to return the domains. After his father lost money in stock market trading, his entire family was forced to work double shifts.

Education of Gurbaksh Chahal 

Chahal left Independence High School in 1998 at the age of 16 to pursue a career in Internet advertising; his parents wanted him to become a doctor.

He enrolled in a college course on the grounds of what is now Evergreen Valley College while still a high school student. The largest risky choice Chahal has made in his professional life was the 1998 launch of his digital advertising firm, Click Agents.

 

View this post on Instagram

 

A post shared by Gurbaksh Singh Chahal (@gchahal)

Career of Gurbaksh Chahal 

After being rejected by McDonald’s, Chahal started peddling secondhand printers on eBay. His second idea was to buy Dell.net and HP.net and resell them for thousands of dollars. He got cease-and-desist letters and returned the names.

ClickAgents

Chahal launched the online advertising startup ClickAgents in 1998. It was one of the first pay-per-click networks focused on performance-based advertising. In 2000, Chahal sold ClickAgents for $40 million and became a billionaire overnight.

BlueLithium and MingleNow

Chahal cofounded BlueLithium and MingleNow in 2004. BlueLithium, a targeted advertising company, purchased AdRevolver. It became the sixth-largest U.S. advertising network shortly. 2007: Yahoo! paid $300 million for the company.

gWallet and RadiumOne

Chahal created a gwallet in 2009. The company worked with game and brand developers to offer virtual money and hosted video commercials for Disney, Nestlé, and Best Buy.

Chahal founded RadiumOne in 2010. After buying social networking startups, the corporation switched to a tailored advertising network. RadiumOne peaked at $500 million. Later, RhythmOne bought the company.

Further Internet Ventures

Chahal sold targeted advertising startup Gravity4 in 2015. It deployed a blockchain marketing cloud and AI. Gravity4 failed in 2017 to buy back Chahal’s RadiumOne.

Later, Chahal created TaaraLabs, an AI/IoT incubator (IoT). RedLotus is a Hong Kong-based AI advertising firm. Chahal created ProcureNet in 2020 to deliver drugs and vaccines.

Gurbaksh Chahal Net Worth

Philanthropy

Chahal has its own charitable organization. The foundation’s programs include academic scholarships, disaster help, and hate crime victim support. It reduces India’s child trafficking. Chahal donated face masks, test kits, and ventilators to Asian hospitals for the 2020 COVID-19 pandemic.

Net worth

Gurbaksh Chahal is a multi-award-winning entrepreneur and novelist with a net worth of $100 million. He founded websites like BlueLithium, RadiumOne, and Gravity4 after selling his first business at the age of 18 and becoming a billionaire. Yahoo paid $300 million in 2006 to acquire Blue Lithium. Chahal received $100 million and left.

More to Read:

Personal Life

In 2019, Chahal started dating Rubina Bajwa, a Canadian actress and leading lady in Punjabi movies. In San Francisco in 2021, the couple got engaged. Hong Kong is home to Chahal.

Domestic violence and battery conviction

In August 2013, the SFDA accused Chahal of domestic violence against his fiancée. Chahal pleaded not guilty to domestic violence battery and battery despite his innocence.

He received three years probation, a fine, a 52-week domestic violence course, and 25 hours of community service. RadiumOne fired him as CEO (Chahal alleged that his guilty plea was coerced by the board of RadiumOne).

Chahal was charged with violating his 2014 probation by abusing a second woman in 2016. He resigned as CEO of Gravity4 after being jailed for a year in prison. Chahal was sentenced to six months in San Francisco County Jail in April 2018.

Comments are closed, but trackbacks and pingbacks are open.