Rank #3041
Taavet Hinrikus
Net worth $1.2B
payments, banking · Estonia
- Born
- Jun 01, 1982
- Age
- 43
- Source
- payments, banking
- Residence
- London
- Citizenship
- Estonia
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Taavet Hinrikus cofounded cross-border payments startup Transferwise in 2011 and took it public as Wise in July 2021 on the London Stock Exchange.
- Wise offers low cost money transfers across 56 different currencies, allowing users to avoid big banking fees for moving money abroad.
- Hinrikus and cofounder Kristo Käärmann are Estonia's first two billionaires. The pair met while working in London.
- Käärmann and Hinrikus started Wise after having become "sick of losing money" to banks in fees for sending money to Estonia.
- Billionaires Peter Thiel and Richard Branson were early investors, followed by VC firm Andreessen Horowitz and money manager Baillie Gifford.
Financial assets
| Exchange | Ticker | Shares | Price |
|---|