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The Independent UK
The Independent UK
National
Karl Matchett

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.

IN FULL

Revolut founder to become one of Britain’s top ten richest businessmen as share sale gives huge valuation

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