Indian-origin Baiju Bhatt joins Forbes’ youngest US billionaires list: Check his net worth
Indo-Origin Entrepreneur Baiju Prakulkumar Bhatt was chosen among the youngest ten billionaires in the United States. Forbes‘Last List 400 Richest American. Bhatt, worth $ 6.9 billion, is the only founder of India origin in the youngest category.
Bhatt’s journey from Stanford to Robinhood
Bhatt, who was born to Gujarati immigrant parents, spent his first years in Alabama before moving to Virginia. His father made a doctorate, but later diagnosed with renal failure, which was a development that pushed the family’s finance. Bhatt spoke about the fact that medical expenses could not travel to India, based on 1997 in an recent interview with Shawn Ryan.
He completed his master’s degree in physics at Stanford University and Bhatt also completed his Mathematics Master’s Degree in 2008. In 2013, he founded Robinhood with his university friend Vlad Tenev. Fintech Entrepreneur, by offering trade -free stock trade by disrupting traditional intermediaries to invest in young, for the first time made traders accessible.
Robinhood and Bhatt’s share
In 2021, Robinhood was opened to the public with a value of $ 32 billion. Bhatt, which has an estimated 6% stake in the company, resigned from its executive roles in 2024, but continues to serve the board of directors. He previously served as a joint CEO and then as the chief creator officer.
The importance of milestone
Forbes lists Bhatt with names like Mark Zuckerberg and Walmart heir Lukas Walton. His inclusion reflects the ongoing influence of immigrant founders in shaping the technology and financial sectors of America.
Bhatt’s rise from a family struggling with financial problems to be one of the youngest billionaires in America emphasizes both the vision of entrepreneurship and the role of Robinhood in redefining the US retail investment landscape.
Meanwhile, Elon Musk, CEO of Tesla CEO and SpaceX’s founder, regained the title of the richest man in the world after the position of $ 101 billion in a single -day net value of 101 billion dollars of Larry Ellison, the founding partner of Oracle.
The AP has exceeded Elison’s title in Tesla for the last four years, and has briefly organized the title of the richest people in the world, overcoming Elon Musk. In particular, it is not when Musk was first dethroned as the richest man in the world. He lost the title of Jeff Bezos, the founder of Amazon before passing by Bernard Arnault, CEO of LVMH.
