Shane Smith Net Worth: How Much Does He Own?

Shane Smith, a media tycoon and former billionaire from Canada, entered the world on September 28th, 1969. Vice Media is a multinational media conglomerate that he supervises as executive chairman. Vice Media operates a TV studio, a record label, an in-house creative services firm, a book publishing imprint, and a film production division. From Vice’s founding in 2004 until March of this year, Smith served as CEO. Nancy Dubuc, formerly of A+E Networks, became CEO on March 13th, 2018.

Smith was Vice’s CEO from its inception in 2016 until his departure in March 2018. On March 13, 2018, Nancy Dubuc, formerly of A+E Networks, was promoted as CEO. According to the press release announcing Smith’s promotion to Executive Chairman, “Smith will now be focused on creating content and strategic deals and partnerships to help grow the company.” Here we will discuss about shane smith net worth and many other things related to him.

Shane Smith Early Life

Canadian-born Shane Smith entered the world on September 28th, 1969. He grew up in Ottawa and attended nearby Carleton University, where he majored in both English literature and politics. He got his start in journalism while a student at Carleton, when he contributed to the school newspaper, The Charlatan. Smith received a BA from Carleton University back in 1994.

Shane Smith Net Worth

Canadian-American journalist and businessman Shane Smith has a $50 million fortune. Shane Smith became wealthy and famous as one of the company’s original co-founders. Shane amassed a billion dollars throughout his prime.

shane smith net worth
shane smith net worth

After the company received $450 million in June 2017 at a valuation of $5.7 billion, his net worth surpassed $1 billion for the first time. Having 28% ownership at that time, Shane had a paper worth of $1.6 billion. Vice’s ultimate objective was to go public. Unfortunately, by May of 2023, Vice was said to be on the verge of bankruptcy, so that never materialized. this is all we know about Shane smith net worth.

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Shane Smith Personal Life

Shane Smith’s ex-wife, Tamyka Smith, is the mother of his three children. Apparently, she started the divorce process in 2021. Smith has often portrayed himself as a family man and enjoys spending time with his wife and children, despite his public persona as a hard-partying, brave journalist. He has visited over 80 places for Vice’s documentaries and travels the world in his own time.

Shane Smith Career

In 1994, Smith, Suroosh Alvi, and Smith’s longtime friend and business partner Gavin McInnes purchased the youth magazine Voice of Montreal and rebranded it as Vice. Initially, the journal was supported by the Canadian government through a social assistance program. Smith and his co-founders reclaimed VICE in 2001 after it had been acquired in 1999 and relocated to New York City.

VICE began as a print magazine producing articles on alternative culture before expanding in 2006 to include news and social critique. Despite being called “a cross between a punk rocker and Fortune 500 Executive” by The New York Times, Smith still holds ownership in the business. Launch partners for Snapchat’s “Discover” platform in 2015 included VICE, along with Verizon, Rogers Communications, Live Nation, Spotify, and Snapchat.

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