Pierre Omidyar founded online auction firm eBay in 1995 and now serves on the company's board. In 2002 eBay bought online payment company PayPal and spun it off in 2014. Omidyar currently owns 5% of eBay and 6% of Paypal. Through his Omidyar Network, launched in 2004, he's put over $1.5 billion into impact investments and nonprofits that tackle global problems. A resident of Hawaii, Omidyar owns stakes in resort properties in California and Mexico and is developing real estate in Cabo San Lucas, Mexico. He's also the founder of First Look Media, the parent company of online news site The Intercept and the entertainment company Topic Studios. In October 2018, his network spun off its decade-old citizen engagement arm, which has doled out $326 million since its launch, and named it Luminate.