Shai Agassi

Date of Birth: April 19, 1968

Zodiac Sign: Aries

Biography

Shai Agassi is an Israeli entrepreneur and businessman, best known for founding Better Place, a venture that aimed to revolutionize the electric vehicle industry with a network of charging and battery-swapping stations. Agassi was born in Ramat Gan, Israel, and demonstrated an early interest in technology and innovation. He studied at Technion – Israel Institute of Technology, where he honed his skills in computer science. Before founding Better Place, Agassi had a notable career at SAP, the multinational software corporation, where he eventually became the youngest member of the company’s executive board. His vision for a sustainable future led him to leave SAP in 2007 to start Better Place, which quickly garnered significant attention and investment. Despite its ambitious goals and initial successes, Better Place faced numerous challenges and ultimately filed for bankruptcy in 2013. Since then, Agassi has continued to be involved in various technology and clean energy ventures, maintaining his status as a prominent figure in the business world. His contributions to the tech and automotive industries remain influential, and he continues to advocate for sustainable innovations.

5 Interesting Facts about Shai Agassi

1. Shai Agassi was named one of Time magazine’s 100 most influential people in 2009.

2. He became the youngest member of SAP’s executive board at the age of 34.

3. Better Place raised approximately $900 million from investors, making it one of the largest clean-tech investments of its time.

4. Agassi’s father, Reuven Agassi, was also a successful entrepreneur and co-founded TopTier Software, which was later acquired by SAP.

5. After Better Place, Agassi founded Newrgy, a company focused on renewable energy solutions.

5 Most Interesting Quotes from Shai Agassi

1. “You have to believe in what you’re doing to outlast the skeptics.”

2. “Innovation happens best when you try to solve a big problem.”

3. “The future of transportation is electric, and the future of electricity is renewable.”

4. “Every failure is a stepping stone to success.”

5. “The best way to predict the future is to create it.”

Highest Net Worth Achieved

At his peak, Shai Agassi’s net worth was estimated to be around $400 million, largely due to his successful tenure at SAP and the initial success of Better Place.

Children

Shai Agassi has two children. He has often mentioned the importance of creating a sustainable future for the next generation as a motivation behind his work.