Vlad Tenev is the co-founder of financial services company Robinhood, which recently made headline news. But what is Vlad Tenev’s net worth?
Vlad Tenev net worth
According to Celebrity Net Worth, Vladimir Tenev’s net worth stands at $1 billion.
The Bulgarian-American entrepreneur and businessman co-founded trading platform Robinhood with his business partner, Baiju Bhatt, in 2013. Three years later, in 2016, their company was valued at $6 billion.
Then, in 2020, Robinhood reportedly made a revenue of $180 million.
Forbes profiled Vladimir Tenev in 2016, when he was 28, as part of the series 30 Under 30: Finance.
Who is Robinhood’s Vladimir Tenev?
Born in Varna, on Bulgaria’s Black Sea coast, Tenev grew up in Washington, D.C.
After earning a degree in mathematics from the prestigious Stanford University, Tenev attended the University of California, Los Angeles (UCLA), studying for a PhD.
Although both of Tenev’s parents worked for the World Bank, the young enterprising mathematician opted instead for entrepreneurship.
He and Baiju Bhatt founded the commission-free stock trading app Robinhood in 2013. By 2016, over $2 billion worth of trades had taken place, commission-free, on the platform.
The latest on Robinhood
For example, the BBC reported that “confused investors” had inundated the unrelated World Wide Robin Hood Society, based in Nottingham.
Meanwhile, the Telegraph reported an 800% overnight increase in the Stockmarket price of Dogecoin, a joke cryptocurrency based on the Shiba Inu dog breed meme.
Elon Musk fuelled that particular fire by tweeting a mockup Vogue magazine cover, edited to read “Dogue”.
He also added his voice to the GameStop story, saying shorting was “legal only for vestigial reasons”.
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