In June 2017, Travis Kalanick was forced to resign as CEO of Uber after a barrage of controversies that had plagued the company for over a year. Kalanick was accused of creating a hostile company culture and was accused of sexual harassment. In the weeks leading up to an announcement that he would resign his Board seat effective December 31, Kalanick sold off approximately 90% of his shares in Uber. That transaction combined with previous private sales made Travis an official liquid billionaire. By the end of trading the company was worth around $77 billion. At that level, his remaining Uber shares were worth $4.9 billion. Kalanick is ranked 238th on the Forbes 400 list of richest Americans, with a net worth of $6 billion dollars.
Kalanick in more recent years has started anther start up, focused on delivering food directly from top quality kitchens. He also started a nonprofit focused on job preparation. Both of these ventures have yet to hit the success Uber had.
Kalanick recently bought an apartment in New York, for a whopping $36.5 million. This luxurious penthouse in New York City’s SoHo neighborhood was the most expensive home sold in New York in August, according to The New York Times‘ review of property transaction records. Kalanick largely enjoys his money and doesn’t seem like his resignation from Uber has slowed down his business dealings or aspirations.