Steve Conine Net Worth (Updated 2025).
Steve Conine, a name now synonymous with e-commerce success, began his entrepreneurial journey in the late 1990s. After graduating from Babson College with a degree in business, Conine, along with his childhood friend Niraj Shah, spotted a gap in the market for affordable, high-quality furniture. This observation led to the birth of Wayfair, initially known as CSN Stores, in 2002. The duo started with just a handful of employees, operating out of a small office in Boston, Massachusetts.
**Steve Conine’s Current Net Worth (2025)**
As of 2025, Steve Conine’s net worth is estimated to be approximately $1.5 billion. This substantial figure is a testament to his successful entrepreneurship and strategic business acumen.
**Steve Conine’s Career**
Conine co-founded Wayfair, a leading online destination for home goods, in 2002. He served as the company’s CEO until 2019, overseeing its growth into a global e-commerce giant with over 14,000 employees. Conine remains on Wayfair’s board of directors.
**Steve Conine’s Other Ventures**
Beyond Wayfair, Conine has invested in and advised several startups, including the online grocery delivery service Peapod and the home services platform HomeAdvisor. He also serves on the board of directors for the online furniture retailer Birch Lane.
**Steve Conine’s Assets**
Conine’s real estate portfolio includes a luxurious home in Boston’s Back Bay neighborhood, valued at around $5 million. He also owns properties in the Hamptons and Nantucket, reflecting his taste for high-end living.
**Steve Conine’s Annual Income**
While specific figures vary, as a co-founder and former CEO of Wayfair, Conine’s annual income has likely been in the tens of millions of dollars. In 2019, his total compensation from Wayfair was reported to be over $20 million.
Table Of Contents
- Frequently Asked Questions: Steve Conine Net Worth
- 1. What is Steve Conine’s net worth?
- 2. How did Steve Conine make his money?
- 3. When was Wayfair founded?
- 4. Who is Steve Conine’s co-founder at Wayfair?
- 5. What is Steve Conine’s role at Wayfair?
- 6. Where is Wayfair headquartered?
- 7. When did Steve Conine become the Executive Chairman of Wayfair?
- 8. What is Steve Conine’s educational background?
- 9. Is Steve Conine active on social media?
- 10. What is Steve Conine’s philanthropic work like?
Frequently Asked Questions about Steve Conine
Frequently Asked Questions: Steve Conine Net Worth
1. What is Steve Conine’s net worth?
Steve Conine’s net worth is estimated to be around $1 billion.
2. How did Steve Conine make his money?
Steve Conine co-founded Wayfair, an online furniture retailer, in 2002. He served as the company’s Chief Merchandising Officer and later became the Executive Chairman.
3. When was Wayfair founded?
Wayfair was founded in 2002.
4. Who is Steve Conine’s co-founder at Wayfair?
Niraj Shah is Steve Conine’s co-founder at Wayfair.
5. What is Steve Conine’s role at Wayfair?
Steve Conine is the Executive Chairman of Wayfair.
6. Where is Wayfair headquartered?
Wayfair is headquartered in Boston, Massachusetts.
7. When did Steve Conine become the Executive Chairman of Wayfair?
Steve Conine became the Executive Chairman of Wayfair in 2011.
8. What is Steve Conine’s educational background?
Steve Conine graduated from the Massachusetts Institute of Technology (MIT) with a degree in Computer Science.
Steve Conine is not very active on social media. He does not have official accounts on platforms like Twitter, Instagram, or Facebook.
10. What is Steve Conine’s philanthropic work like?
Steve Conine is involved in various philanthropic activities. He and his co-founder Niraj Shah have donated to causes like education, healthcare, and community development through the Wayfair Cares Foundation.
