Jay S. Walker
| Jay S. Walker | |
|---|---|
 |
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| Born |
November 5, 1955 Forest Hills, Queens, New York |
| Residence | Ridgefield, Connecticut |
| Nationality | American |
| Alma mater | Cornell University (BS) |
| Occupation | Chairman of Walker Digital |
| Spouse(s) | Eileen Walker (m. 1978 - present) |
| Children | 2 |
| Website | www.walkerdigital.com |
Jay Scott Walker (born November 5, 1955) is an American inventor, entrepreneur and chairman of Walker Digital, a privately held research and development lab focused on using digital networks to create new business systems. Walker is also curator of TEDMED since 2011, and a founder of Priceline.com and Synapse Group, Inc. In 2000, Forbes estimated his net worth at $1.6 billion. By October 2000, his estimated worth was down to $333 million. As of 2013, he is not on the Forbes list of the world's billionaires.
A 1999 Forbes profile of Walker questioned if he was "An Edison for a New Age," noting his reliance on patents as a business model. Such legal controversy has led some to label Walker a patent troll. He has been granted 866 U.S. utility patents as of June 3, 2015. Businessweek featured him as one of the "Businessweek e.biz 25" in 1999.
Walker attended Cornell University where he majored in Industrial and Labor Relations and was a member of the Quill and Dagger society and the Sigma Phi Society. He graduated with a bachelor's degree in 1978.
In 1992 Walker and Michael Loeb co-founded New Sub Services, today known as Synapse Group, a company that used the credit card network to process magazine subscriptions. By 1998 Synapse had sold 30 million magazine subscriptions, with sales approaching $300 million. For his work, Walker won the Direct Marketing Association’s "Direct Marketer of the Year" award in 1999. In 2004, and again in 2005, Synapse was named one of the 25 "Best Places to Work in America" among medium-sized companies by the Great Place to Work Institute. As of 2011[update] Synapse employs more than 250 people.
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