Divesh Makan net worth has surged into the hundreds of millions thanks to his stake in GitLab and other tech investments. As of mid‑2025, his holdings—especially in GitLab where he owns around 10%—are estimated at roughly USD 416 million.
He co‑founded Iconiq Capital, which manages ultra‑high‑net‑worth clients including top tech founders, further boosting his asset base. Beyond GitLab, his portfolio includes sizeable stakes in companies like Snowflake, Datadog, BlackLine and more.
Background & Career Journey
Divesh Makan hails originally from South Africa (Durban), with early training in electrical engineering before earning an MBA from Wharton. His career began at Accenture, followed by leadership roles at Goldman Sachs and Morgan Stanley. In 2011, he founded Iconiq Capital—a hybrid family office and investment management firm focusing on technology, finance, entertainment, and impact investing.
Key Investments & Holdings
- GitLab: Around 9.8 million shares (~10% ownership), valued at ~USD 398 million.
- Snowflake, Datadog, BlackLine, and numerous other tech firms: each holding around 10%, contributing to his overall worth.
- As of late 2022, his GitLab stake alone contributed nearly USD 400 million to his net worth.
Estimations & Public Records
Public filings and insider reporting show shares sold in late 2022, yet he remains one of GitLab’s largest individual shareholders. Depending on valuation assumptions and whether holdings in other firms are counted, estimates fluctuate between USD 118 million and USD 416 million. The higher figure reflects full valuation of his GitLab stake, while the lower reflects more conservative sums including multiple holdings.
Leadership & Influence
At Iconiq, Makan oversees over USD 80 billion in assets under management. The firm advises major tech figures (e.g., Zuckerberg, Sandberg), and clients in entertainment and finance. He also serves on boards like SFJAZZ and Stella McCartney, and plays a quiet but critical role in wealth and impact investments globally.
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Final Take: Divesh Makan net worth
Divesh Makan net worth continues to rise as tech markets evolve and his investments appreciate. A concluded USD 400+ million is a credible mid‑2025 benchmark—largely tied to GitLab. His influence extends far beyond personal wealth: through Iconiq, he shapes investments for some of the world’s richest and most dynamic individuals.
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