Rank #933
Baiju Bhatt
Net worth $4.6B
Stock trading app · United States
- Born
- Jan 01, 1985
- Age
- 41
- Source
- Stock trading app
- Residence
- Palo Alto, California
- Citizenship
- United States
- Marital status
- Married
- Children
- 1
- Education
- Bachelor of Science, Stanford University
Net worth over time
Biography
- Baiju Bhatt cofounded no-fee stock trading app Robinhood in 2013 with his friend Vlad Tenev.
- Bhatt was co-CEO of Robinhood until late 2020, then chief creative officer; he stepped down in March 2024 but remains a board member.
- Since its launch, Robinhood's no-commission trading model has revolutionized the brokerage industry.
- In 2021, Robinhood went public on the Nasdaq exchange at a $32 billion valuation.
- Bhatt owns around 6% of the company.
- In late 2020, Robinhood agreed to pay $65 million to the Securities and Exchange Commission to settle charges of deceiving customers about its revenue source.
- Bhatt's parents emigrated from India to the U.S., where he was born and raised; He met Tenev at Stanford University.
Financial assets
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