After senior high school, Pera attended the University of California, NORTH PARK, where he graduated Phi Beta Kappa with a B. Since its IPO, Ubiquiti's shares have been [...], Robert Pera lost $345 million on Wednesday as stock in his company, Ubiquiti Networks, tanked. Pera established his first computer services company while attending high school. He is the 229th richest man in the United States. © 2020 Forbes Media LLC. [11], https://www.bloomberg.com/billionaires/profiles/robert-j-pera/, "Robert Pera: The Kid That Bought the Grizzlies", "Silicon Valley's Newest Billionaire: Wireless Wonder Robert Pera", "Sources: NBA Teams: Memphis Grizzlies Records Year by Year", "Sources: Memphis Grizzlies Playoff History", "Grizzlies Foundation works to provide greater impact for Memphis youth", ESPN article "Deal for Grizzlies reached", Majority team owners in the National Basketball Association, https://en.wikipedia.org/w/index.php?title=Robert_Pera&oldid=985203857, University of California, San Diego alumni, Creative Commons Attribution-ShareAlike License, This page was last edited on 24 October 2020, at 15:56. Let us read about Robert Peraâs interesting family tree in detail. ROBERT PERA DOWN Editor's note: This post has been updated with new information regarding the allegations about Ubiquiti -which appear to be specious.
NBA teams have been selling limited partner stakes at premiums. With fresh-faced, rookie hires to lead the next chapter for the Memphis Grizzlies, Robert Pera is banking on what he knows best - prodigious success. [3], Pera established his first computer services company while attending high school. Robert J. Pera is the founder and Chief Executive Officer of Ubiquiti Networks, Inc., a software and systems communications technology company. The deal values the basketball team at more than three times what the group paid in 2012. [5] By early 2005 he was ready to start his own business and he left Apple to form Ubiquiti Networks.
[5] Boosting their power, he reasoned, could increase their transmission range to over dozens of miles, which could facilitate Internet access in areas that telephone and cable companies do not reach. In this success post, we are going to share the story of Robert Pera, youngest billionaires, and a self-made billionaire of the Slicion Balley. Like its founder, Ubiquiti, which held its initial public offering in October, is also experiencing some growing pains.
EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, America's Richest Entrepreneurs Under 40 2016, Amid NBA Season Suspension, Grizzlies Owner Robert Pera Will Pay Team Game Night Employees, The New-Look Memphis Grizzlies Are Rolling The Dice On An Organizational Youth Movement, Memphis Grizzlies Minority Sale To Joshua Kushner Values Team At $1.32 Billion, Robert Pera Agrees To Keep Control Of Memphis Grizzlies At $1.3 Billion Valuation, Billionaire Robert Pera's Net Worth Drops After Short-Seller Publishes Negative Report On Ubiquiti, Memphis Grizzlies Owner Robert Pera Rejoins Billionaire Ranks As His Team Upsets NBA Playoffs, Memphis Grizzlies Buyer Continues To See Net Worth Plummet, Tech Tycoon Robert Pera To Buy Memphis Grizzlies From Billionaire Michael Heisley, Robert Pera Slips From Billionaire Ranks, Adelson Has Billion Dollar Day, Acquisition And Insider Sales Talk Hit Forbes' Real-Time Billionaires, Robert Pera's Ubiquiti Networks Slammed, Down 17% After Earnings Report, Amid Allegations, Silicon Valley's Newest Billionaire: Wireless Wonder Robert Pera, The Lean King: Outsourcing Sales Helps Ex-Apple Engineer Build Wireless Powerhouse. Ubiquiti Networks founder Robert Pera, who debuted as one of the youngest members on Forbes World’s Billionaires list in March, is reported to be buying the NBA team for some $350 million. [5] While working at Apple, Pera noticed that the power sources that Apple's Wi-Fi devices used to throw signals were far below FCC limits. Add Memphis Grizzlies owner Robert Pera to the list of people around the NBA using their wealth to help team workers through the league’s indefinite suspension. Robert Pera, billionaire at 33, makes computer hardware with even fatter profit margins than his former employer’s.
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