← All Profiles
NS

Niraj Shah

businessman, CEO of Wayfair

MassachusettsTechnology

AIProfile Summary

Niraj Shah (born 1975) is a Massachusetts-based technology executive and businessman who is CEO of Wayfair. He has an estimated net worth of ~$1.0B. SEC records show him associated with Wayfair Inc. (NYSE: W) and related entities including Wayfair LLC and CSN Stores LLC. Wikidata SEC EDGAR

Business & SEC Activity

Shah is listed in SEC EDGAR as an insider filer with 314 insider filings out of 317 total filings, primarily connected to Wayfair Inc. (W). Form 4 filings report insider transactions by company insiders (such as officers and directors), and Form 144 filings are notices of a planned sale of restricted or control securities. His recent SEC activity includes multiple Form 4 and Form 144 filings in early 2026 and late 2025. SEC EDGAR

Philanthropy

ProPublica nonprofit filings list three foundations connected by name: Shah & Shah Foundation (NY, 2023), Kennedy Shah Foundation % Bijal Shah (WA, 2015), and Shah Happiness Foundation (CA, 2023). Across these filings, total foundation assets sum to $5,171,837 and total grants paid are reported as $0, including $0 grants paid by the Shah Happiness Foundation despite $5,146,039 in assets in 2023. The Shah Happiness Foundation reported $6,168,982 in revenue and $2,263,689 in expenses in 2023. ProPublica 990

Political Activity

FEC data shows 100 contributions totaling $385,149.45 from 2024-02-05 to 2025-12-26. The party breakdown reported is $314,001 to DEM, $500 to DFL, and $70,648.45 to PAC/Other, with top recipients including the DCCC ($250,000) and Serve America Victory Fund ($57,800). Other listed recipients include Moulton for Congress ($13,200), Pat Ryan for Congress ($6,600), and Don Davis for NC ($6,600). FEC

In the News

Recent coverage includes multiple items about Wayfair insider trading activity, including headlines stating that Wayfair CEO Niraj Shah sold $2.13 million in stock (dated 2026-02-28). Other headlines mention insider selling at Wayfair (dated 2026-02-26) and a Forbes item about Wayfair and IKEA planning U.S. store expansion (dated 2026-02-24). These are headlines and do not by themselves provide the underlying transaction details beyond what is reported in the articles. NewsAPI

AI-generated summary from wikidata, sec_edgar, fec, newsapi, propublica_990 3/10/2026 (gpt-5.2). All claims are derived from the source data shown below.

USU.S. Presence

otherU.S. economic presence

990Philanthropy

$5.2MFoundation Assets
$2.3MGrants Paid
3Foundations
Shah & Shah FoundationPlainview, NY
Corporate foundation (IRS NTEE T21)
Assets: $19KRevenue: $1Grants: $61Tax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Kennedy Shah Foundation % Bijal ShahWoodinville, WA
Assets: $7KRevenue: $1Grants: $140Tax Year: 2015
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Shah Happiness FoundationOrange, CA
Private independent foundation (IRS NTEE T22)
Assets: $5.1MRevenue: $6.2MGrants: $2.3MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$385KTotal Contributed
100Contributions
2024–2025Date Range

By Party

DEM
$314K
PAC/Other
$71K
DFL
$500

Top Recipients

DCCC$250K
SERVE AMERICA VICTORY FUND$58K
MOULTON FOR CONGRESS$13K
PAT RYAN FOR CONGRESS$7K
DON DAVIS FOR NC$7K
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

SECSEC Filings

317Total Filings
314Insider Filings
2,458EDGAR Mentions
0001620093Personal CIK

Associated Companies

Entities appearing alongside this person in SEC full-text search — an association, not necessarily ownership or control. Follow each link to the primary SEC record to judge for yourself.

Recent Insider Filings

4FORM 4
2/27/2026
144xsl144X01/primary_doc.xml
2/26/2026
4FORM 4
2/25/2026
144xsl144X01/primary_doc.xml
2/23/2026
144xsl144X01/primary_doc.xml
2/10/2026
4FORM 4
1/27/2026
144xsl144X01/primary_doc.xml
1/23/2026
144xsl144X01/primary_doc.xml
1/12/2026
4FORM 4
12/29/2025
144xsl144X01/primary_doc.xml
12/29/2025
Source: SEC EDGAR regulatory filings · latest on record (retrieved 3/9/2026) (sec_derived)

PBSScore Breakdown

B
47.1
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
25%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
88%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source. View on Wikidata

Niraj Shah — Public Benefit Score B (47) | Billionaire Army