• Robinhood's CEO Could Double His Net Worth After IPO

    2 monthes ago - By Hypebeast

    Robinhood 's CEO Vlad Tenev could see his net worth more than double after the popular no-fee trading app goes public in the near future. According to CNBC , Robinhood is aiming for a market value of up to $35 billion USD in its upcoming IPO. According to an SEC filing, the American-Bulgarian businessman will have a net worth of over $2.5 billion USD when the company begins trading - a 150 percent increase of his current fortune of $1 billion USD, according to Forbes. The filing adds that Tenev and his co-founder Baiju Bhatt will each sell shares worth about $50 million USD, according to...
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