Michael Rubin

Michael Rubin is the majority owner and CEO of Kynetic, which is the holding company for e-commerce retailers Fanatics, Rue La La and ShopRunner.His flash-sales site, Rue La La, acquired longtime rival Gilt Groupe for an undisclosed price in June 2018.In September 2017 SoftBank invested $1 billion in Fanatics, which sells sports merchandise. After dropping out of Villanova University, Rubin started GSI Commerce, which he sold to eBay for $2.4 billion in 2011.As part of the deal he paid $500 million for majority ownership of 3 assets eBay didn't want: Fanatics, Rue La La and ShopRunner.He is in the process of working with rapper Meek Mill to launch the Criminal Justice Reform Foundation.