Shortly after graduating from business school, he began his career at eBay where he wrote the business plan that the company followed from its emergence as a start-up to a larger company. While at the company he began the eBay Foundation which was allocated pre-IPO stock now worth $32 million. Once eBay's second largest stockholder, behind Omidyar, he subsequently cashed out a portion of his company holdings, yielding him around $2 billion. With an estimated net worth of $US 4 billion (as of December 2016), Skoll was ranked by Forbes as the 7th wealthiest Canadian and 134th in the United States.