Intellius
Fraud

Internet & Web

Here is the guy who is taking your money! He is now ceo of intellius.

Jain, Naveen

41, Self made

Source: Software, Microsoft

Net Worth: $2,200 mil

Hometown: Medina, Washington

Marital Status: married, 3 children

Education: MA/MS from Xavier U

Raised in India, immigrated to U.S. 1982. Spent 7 years at Microsoft, left 1996: "Got tired of making billions for Bill." Founded InfoSpace with little financing: Internet content supplier provides horoscopes, stock quotes to AOL, Lycos, other Web sites. Public 1998. Fond of applying old business cliches to the Internet: "During the gold rush, the ones who made the money were the ones supplying the picks and shovels." InfoSpace isn't making any money yet—lost $22 million on sales of $37 million last year—but shareholders are: stock up 250% in the past year. Recently agreed to $4 billion merger with Go2Net. Also owns stakes in Mail.com, Xoom.com, ImageX.


Company: Intellius
Country: USA
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