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Carl Pei Net Worth – Co-Founder and CEO of Nothing Phone

Carl Pei Yu is a Chinese-Swedish tech entrepreneur. He is best known for co-founding OnePlus and later founding Nothing, a company focused on consumer electronics.

Carl Pei is an entrepreneur and business executive. He has been making waves in the tech sector since 2013, when he co-founded OnePlus, one of the most famous smartphones and electronics companies in the world. After stepping down as OnePlus’s Director, Pei moved on to create Nothing, a startup focused on consumer electronics and design. At present, he serves as the Chief Executive Officer (CEO) of Nothing.

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Who is Carl Pei?

Chinese-Swedish Carl Pei Yu is a tech entrepreneur. He is best known for co-founding OnePlus and later founding Nothing, a company focused on consumer electronics. Pei’s innovative approach to design and technology has solidified his reputation as a leading figure in the industry.

He was listed in the Forbes 30 Under 30 list for his influence in the technology industry. In 2019, Pei was included in the 2019 edition of the Fortune Fortune 40 Under 40 list. 

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Carl Pei Net Worth

Unfortunately, at present, we have no information available on Carl Pei’s net worth.  However, given his successful track record with OnePlus and the launch of Nothing, it is likely that Carl Pei has amassed a significant amount of wealth in the tech industry. 

His entrepreneurial ventures and innovative products have garnered attention and success, indicating a promising financial future for Pei.

Education

After moving to the United States, Carl Pei began pursuing a Bachelor of Science degree at the Stockholm School of Economics in 2008. 

However, he dropped out in 2011 to work full-time in the Chinese smartphone industry.

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Career

Carl Pei began his professional journey by joining Nokia in 2010, where he worked for three months. Following his brief stint at Nokia, Pei’s fan website dedicated to Meizu caught the attention of the company’s Hong Kong branch. This led to his role in Meizu’s marketing team in 2011. In November of that same year, Pei joined Oppo as its international markets manager, working directly under Pete Lau.

In December 2013, Carl Pei co-founded OnePlus with Pete Lau in Shenzhen, Guangdong. Their first device, the OnePlus One, sold nearly a million units in 2014, far exceeding their sales target. In July 2015, Pei presented the OnePlus 2 through a virtual reality video on YouTube, the first product launch in VR.

Following the launch of the OnePlus 3 in June 2016, Pei claimed it was their most popular smartphone based on the Net Promoter Score. The OnePlus 5, released in June 2017, has become their fastest-selling device. Pei oversaw OnePlus’s design and marketing until he left the company in October 2020.

After leaving OnePlus, Carl Pei announced the launch of his new venture, Nothing, in 2021. Based in London, the company attracted investments from notable figures like iPod inventor Tony Fadell and Reddit CEO Steve Huffman. Later, the company partnered with Teenage Engineering to design its products. Currently, Pei serves as the CEO of the smartphone company. 

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Latest Updates

Recently, Nothing secured a $96 million funding round led by Highland Europe. Previous backers, including Google Ventures, Sweden’s EQT, C Ventures, and the music group Swedish House Mafia, also participated in the round. This latest round brings Nothing’s total fundraising to $250 million.

Reports say that Nothing’s valuation is somewhat less than $1 billion. 

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FREQUENTLY ASKED QUESTIONS

What is the net worth of nothing phone CEO?

The net worth of Nothing’s CEO, Carl Pei is not publicly available at the moment. However, because of his successful entrepreneurial ventures, it is estimated to be in the millions. 

Who founded the Nothing Company?

Nothing Compay was founded by Carl Pei. The Chinese-Swedish entrepreneur founded the smartphone company in 2020 and serves as its CEO. 

What is the relationship between Nothing and OnePlus?

Nothing and OnePlus are Android smartphone manufacturers that share the same co-founders. Both of the companies were co-founded by Carl Pei, a Chinese-Swedish entrepreneur.

This post was last modified on June 7, 2024 4:31 am

Raya

Raya is a tech enthusiast diving deep into New-Age technology, especially Artificial Intelligence (AI) and Machine Learning (ML). She is passionate about decoding the complexities and uses of new-age tech. Raya is on a mission to write articles that bridge the gap between technical jargon and everyday understanding, making AI and ML accessible to a wider audience.

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