Revolut founder to become one of Britain’s top ten richest businessmen as share sale gives huge valuation
Revolut valued at $75billion making founder one of Britain’s wealthiest
- Fintech firm Revolut is set to be valued at $75bn (55.9bn) following a secondary share sale for employees.
- This valuation will increase founder Nik Storonsky's personal wealth to over $18bn (13.5bn) due to his 25 per cent holding.
- Storonsky's increased wealth is expected to place him among the top ten richest businesspeople in Britain.
- Revolut's new valuation makes it larger than established public listed banks in the UK, such as Natwest, Lloyds, and Barclays.