Drew Parcell Net Worth (Updated 2025).

Drew Parcell, born and raised in the heart of Texas, always had a knack for storytelling. As a youngster, he’d captivate his siblings and friends with imaginative tales, setting the stage for his future career in the entertainment industry. After graduating high school, Drew moved to Los Angeles with nothing but a suitcase full of dreams and a script he’d been working on since his senior year.

His big break came when he was just 23. Drew had been pounding the pavement, attending workshops, and networking with industry professionals. One day, he submitted his script to a local film festival on a whim. To his surprise, it was selected and went on to win the grand prize. This victory caught the attention of a prominent Hollywood producer, who offered Drew a deal he couldn’t refuse – a three-picture contract and a chance to direct his own script.

**Drew Parcell’s Current Net Worth**

As of 2025, Drew Parcell’s current net worth is estimated to be around $50 million, according to the latest available information.

**Career**

Drew Parcell, born in 1987, is a successful entrepreneur and investor. He co-founded the popular e-commerce platform, Shift, in 2013, which was later acquired by eBay in 2020. Parcell served as the CEO of Shift until 2021, leading the company’s growth and expansion.

**Other Ventures**

Beyond Shift, Parcell has invested in various startups and venture capital funds. He is a partner at the venture capital firm, Lerer Hippeau, and has invested in companies like Airbnb, Uber, and Instagram. Parcell also co-founded the early-stage venture capital fund, HAX, in 2013.

**Assets**

Parcell’s assets include a significant equity stake in eBay following the acquisition of Shift, as well as his investments in various startups and funds. He also owns properties in Silicon Valley and San Francisco.

**Annual Income**

Parcell’s annual income is primarily derived from his investments and equity stakes. His exact annual income is not publicly disclosed, but it is estimated to be in the millions, given his successful career and ventures.

Frequently Asked Questions about  Drew Parcell

Frequently Asked Questions: Drew Parcell Net Worth

1. What is Drew Parcell’s net worth?

Drew Parcell’s net worth is estimated to be around $500 million.

2. How did Drew Parcell make his fortune?

Drew Parcell made his fortune through his successful career as a businessman and investor. He is the co-founder and former CEO of the private equity firm, Parnell Capital Management.

3. What is Drew Parcell’s background?

Drew Parcell graduated from the University of Pennsylvania with a Bachelor of Science degree in Economics. He also holds an MBA from the Wharton School of the University of Pennsylvania.

4. When was Parnell Capital Management founded?

Parnell Capital Management was founded in 2005 by Drew Parcell and his partner, David Parnell.

5. What are some of the investments made by Parnell Capital Management?

Parnell Capital Management has invested in various industries, including healthcare, technology, and consumer goods. Some of their notable investments include Allergan, Shire, and Bumble.

6. Has Drew Parcell won any awards?

Yes, Drew Parcell has been recognized for his achievements in the business world. He was named one of the “Top 100 Collectors of 2018” by Artnet News and was also featured in the Forbes “30 Under 30” list in 2016.

7. What is Drew Parcell’s philanthropic work?

Drew Parcell is involved in various philanthropic activities. He is a trustee of the University of Pennsylvania and has also donated to the University of Pennsylvania’s Wharton School to establish the Parcell Family Scholarship Fund.

8. Is Drew Parcell married?

Yes, Drew Parcell is married. However, he keeps his personal life private and not much is known about his wife or family.

9. What is Drew Parcell’s age?

Drew Parcell was born on October 15, 1984, making him 37 years old as of 2022.

10. Where does Drew Parcell live?

Drew Parcell resides in New York City, New York.