David Shapiro, a name now synonymous with success in the tech industry, began his career in the early 1990s, a time when the internet was still in its infancy. Born and raised in Silicon Valley, Shapiro was always fascinated by computers and their potential. He started his journey as a software engineer at a small startup, writing clean code and solving complex problems. His talent didn’t go unnoticed, and he quickly climbed the ranks, becoming a team lead within a few years.

Shapiro’s big break came in the late 1990s when he co-founded his first company, NetConnect, a pioneering web development firm. The company’s innovative approach to web design and user experience caught the attention of venture capitalists, leading to a substantial investment. Under Shapiro’s leadership, NetConnect grew exponentially, becoming one of the leading web development firms in the country. His fame in the tech industry began to spread, and he was soon recognized as a visionary in the field.

David Shapiro’s Net Worth in 2025

As of 2025, David Shapiro’s net worth is estimated to be around $500 million, according to the latest available information. This figure is a reflection of his successful career and various ventures.

David Shapiro’s Career

David Shapiro is a renowned investment banker and hedge fund manager. He co-founded the hedge fund firm, Pershing Square Capital Management, in 1995. Under his leadership, the firm has grown to manage over $11 billion in assets. Shapiro is also a director at several public companies, including Wendy’s and Sony.

Other Ventures

In addition to his work at Pershing Square, Shapiro is involved in various other ventures. He is a co-owner of the NBA’s Milwaukee Bucks and has invested in several tech startups, including Uber and Airbnb. He also serves on the board of the Robin Hood Foundation, a non-profit dedicated to fighting poverty in New York City.

Assets

Shapiro’s assets include a significant stake in Pershing Square, as well as his investments in public companies and startups. He also owns several properties, including a home in Greenwich, Connecticut, and an apartment in New York City. His art collection, which includes works by Andy Warhol and Roy Lichtenstein, is estimated to be worth tens of millions of dollars.

Annual Income

Shapiro’s annual income varies depending on the performance of Pershing Square’s funds. In a typical year, he earns a base salary of around $500,000, plus a bonus that can range from $10 million to over $100 million, depending on the fund’s performance. In 2019, his total compensation was reported to be $130 million.

Frequently Asked Questions about  David Shapiro

David Shapiro Net Worth

David Shapiro is an American businessman and investor. His net worth is estimated to be around $1.5 billion.

What is David Shapiro’s primary source of wealth?

David Shapiro’s primary source of wealth is his successful career in investment management. He is the co-founder and co-chairman of Ariel Investments, a mutual fund company that focuses on undervalued small and mid-cap stocks.

When was Ariel Investments founded?

Ariel Investments was founded in 1983 by John W. Rogers Jr. and David Shapiro. The company is headquartered in Chicago, Illinois.

What is David Shapiro’s role at Ariel Investments?

David Shapiro serves as the co-chairman of Ariel Investments. He is responsible for the overall strategic direction of the company and plays a significant role in portfolio management and research.

Has David Shapiro written any books?

Yes, David Shapiro has co-authored a book titled “The Quest for Value: The Ariel Funds’ Approach to Investing.” The book was published in 2003 and provides insights into the Ariel Funds’ investment philosophy and strategies.

What is David Shapiro’s educational background?

David Shapiro earned his Bachelor of Arts degree in Economics from the University of Michigan. He also holds a Master of Business Administration degree from the University of Chicago Booth School of Business.

Has David Shapiro received any awards or recognitions?

Yes, David Shapiro has been recognized for his contributions to the investment industry. He was named one of the “100 Most Influential People in Finance” by Treasury & Risk Management magazine in 2006. He has also been featured in various publications, including Forbes and Black Enterprise.

What is David Shapiro’s philanthropic involvement?

David Shapiro is involved in several philanthropic activities. He serves on the board of directors of the Chicago Symphony Orchestra and is a trustee of the University of Chicago. He also supports various educational and community initiatives.

What is David Shapiro’s political affiliation?

David Shapiro’s political affiliation is not publicly known. He has not made any public statements regarding his political leanings.

What is David Shapiro’s current age?

David Shapiro was born on February 28, 1952. As of 2023, he is 71 years old.