Sunday, December 14, 2008

Fox's Secret Millionaire Comes to San Francisco

Fox's newest reality show "Secret Millionaire" featured San Francisco in the most recent episode. The "millionaire" was online advertising entrepreneur Gurbaksh Chahal who went undercover and lived in the Tenderloin for a week.

Here's a little more about the show:

Like the British version, the Fox show will feature wealthy benefactors each week that will go undercover in the most deprived neighborhoods of the United States. For approximately ten days, the millionaires will mingle within the community and live on a very low-cost budget, for few this being the very first time. At the end of the show, the millionaires reveal their identities and proceed to give a minimum of $100,000 (which can be divided among the recipients). [Wikipedia]

And some more about Gurbaksh Chahal:
Gurbaksh Chahal is one of the youngest and one of the most successful internet entrepreneurs of recent history.Chahal has created companies worth over $340 million by the age of 25. On December of 1998, at the age of 16, he dropped out of Accel Middle College to start his first venture ClickAgents. ClickAgents was one of the first performance-based advertising networks in the industry. Two years later, on November 1st 2000, ValueClick announced it agreed to buy ClickAgents in a $40 million all-stock merger. Chahal had a three year non-compete with ValueClick. He was 18 years old at the time. On January 12, 2004 he founded BlueLithium. BlueLithium was an ad network focused on data, optimization, analytics and a pioneer of behavioral targeting. He has been recognized as an innovator in the online advertising space by Business 2.0 as well as a sought-after speaker, featured at conferences including Red Herring, JP Morgan, Bear Stearns and Ad:Tech. Under his leadership, BlueLithium was named one of the top 100 private companies in America three years in a row by AlwaysOn.On September 4th 2007, Yahoo! announced that it has agreed to buy BlueLithium for $300 million in cash. He remains CEO of the company through the transition period [iMedia].



Related Links:
SFGate - Advice from young millionaire Gurbaksh Chahal
Personal Site
"G" on Fox Business Channel
His SF Penthouse

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