A self-made multi-millionaire – Gurbaksh Singh Chahal

Gurbaksh is the founder of two prominent advertising companies and is a multi-faceted professional, all rolled into one. He happens to be one of the most prominent American entrepreneurs, a television personality, an author and a motivational speaker. Gurbaksh was born on the 17th of July, 1982 in Tarn Taran, Punjab, India. He immigrated to the United States with his family in 1985. The family settled in San Jose, California. With just $25 in their account, the parents of Gurbaksh began to struggle with menial jobs in order to sustain their family.

At a tender age of sixteen, Gurbaksh dropped out of his high school and started off his first venture ‘ClickAgents’. This happened on the 15th of December, 1998. It was an advertising network that concentrated on performance-based advertising. On the 1st November, 2000, ValueClick took over ClickAgents in a whopping $22 million merger. This was an all-stock merger and a non-compete agreement that was devised between Chahal and ValueClick. On the 12th January, 2004, Chahal built BlueLithium, a yet another advertising network. It has earned the reputation of being the innovator in the field of online advertising space in a Business 2.0 article. On October 15th of the same year, Yahoo! bought BlueLithium for $300. Gurbaksh was introduced in the Oprah Winfrey Show as “one of the youngest and also the wealthiest entrepreneurs on the planet Earth”.

Written by srini on September 14th, 2009 with no comments.
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