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He is an Ismaili Muslim of Gujarati Indian descent In 2016, Velshi was awarded an Honorary Doctorate of Laws by his Alma Mater.
He previously attended Toronto's Northern Secondary School during which time he was elected school president. In 2009 he married his second wife, New York-born hedge-fund manager, Lori Wachs, During a live interview MSNBC anchors Stephanie Ruhle and Ali Velshi were taken aback when Trenton Garmon, an attorney for embattled Alabama Senate nominee Roy Moore, tried to connect Velshi’s background with cultural acceptance of adults dating minors, with their parents' approval, in Alabama.
Velshi supports the separation of mosque and state and rejects "Political Islam" which requires the implementation of Sharia law.Ali Velshi (born October 29, 1969) is a Canadian television journalist, a senior economic and business correspondent for NBC News since October 2016 and co-anchor with Stephanie Ruhle of Velshi & Ruhle on MSNBC.Known for his work on CNN, he was CNN's Chief Business Correspondent, Anchor of CNN's Your Money and a co-host of CNN International's weekday business show World Business Today.On May 12th, 2015 the show re-launched as Ali Velshi on Target.Following the shutdown of Al Jazeera America in April, Velshi joined MSNBC in October 2016.
In 2005, Velshi hosted 13 hour-long episodes of The Turnaround, a reality television show, during which he traveled across America, introducing small business owners who were facing challenges or seeking to grow their businesses, to high-profile mentors who helped the small business owners develop a plan for success.