|Celebrated Name:||Baiju Bhatt|
|Real Name/Full Name:||Baiju Prafulkumar Bhatt|
|Age:||39 years old|
|Wife/Spouse (Name):||Adrienne Sussman|
|Children/Kids (Son and Daughter):||Yes|
|Is Baiju Bhatt Gay?:||No|
|Net Worth in 2023:||$3 billion|
|Last Updated:||December 2023|
Baiju Bhatt is an American businessman of Indian descent. He is best known to be the co-founder of a financial services company called Robinhood. He founded the company along with Vladimir Tenev. The company has made revenues of over $280 million in 2020 and it has witnessed tremendous growth in the last ten years.
Maybe you know about Baiju Bhatt very well But do you know how old and tall is he and what is his net worth in 2023? If you do not know, We have prepared this article about details of Baiju Bhatt’s short biography-wiki, career, professional life, personal life, wife, girlfriend, dating, divorce, kids, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Baiju Prafulkumar Bhatt was born to Indian immigrant parents which makes him a first-generation American. However, it has not been clear regarding his date of birth. According to reports, he was born either in the year 1984. Bhatt was raised in Poquoson, Virginia. He is bilingual and can even speak Gujrati.
When it comes to his educational profile, after finishing his high school requirements, he attended Standford University and earned his bachelor’s degree in physics. That was not a stop for him, as he further went on to have his master’s degree in mathematics. It was at this time in Stanford when he and Tenev came to know each other.
Age, Height, Weight and Body Measurements
Being born on 1984, Baiju Bhatt is 39 years old as of today’s date 4th December 2023. His height is 1.73 m tall, and weight is 68 kg.
Personal Life: wife, girlfriend, dating, divorce, kids
Baiju Bhatt has been married to Adrienne Sussman for a long time. They have one son together and they live in Palo Alto, California. During his free time, Bhatt likes to travel across the world with his family. Additionally, he has also made contributions to various causes. Bhatt has inclined to help the underprivileged.
After earning his master’s degree Baiju Bhatt decided to work for financial institutions in New York. During this time, he used to work alongside Tenev. Soon they were able to specialize and make their own reputation. Later, the duo came up with an independent online trading platform.
The major source of funding was to provide zero commission fees. Their inspiration was due to the social-economic factors of that period. When they started the venture, the United States was going through the 2007-2008 Financial Crisis.
Bhatt also saw the protest on Wall Street and this made him come up with Robinhood in 2013. The name of the company Robinhood was to honor the legendary figure who used to help the poor by robbing the rich.
In the company, Bhatt and Tenev used to be equal partners. It grew soon and by 2016 the app had over a million users. It further touched the mark of 3 million in 2018. That same year, the valuation of the company was an estimated $6 billion.
In 2019, Bhatt spoke at the 2018 Disrupt SF to come up with an initial public offering and make the company public. Even though the stock market witnessed a crash in 2020, the trading was heavily increased.
The same year, Robinhood was able to raise $280 million which was led by Sequoia Capital. In doing so, the company’s valuation was $8.3 billion. There was also another funding from D1 Capital Partners which came up with $200 million. In 2021, the company had more than 13 million users.
However, Robinhood also has been involved in many controversies since its inception. Some of these include security breaches, infinite leverage, payment of order flow, and outages.
There was also a case, when a 20-year-old student, Alexander Kearns had a negative balance of $730,000 and committed suicide. Owing to this, the company had to face a lawsuit. Another controversy was in 2021 during the Gamestop stock fiasco.
Awards & Achievements
For now, Baiju Bhatt has not won an award in his career. However, he was honored to speak at Disrupt SF of 2018 where he announced the launch of Robinhood IPO.
Net Worth & Salary of Baiju Bhatt in 2023
As of December 2023, The net worth of Baiju Bhatt is around $3 billion. By becoming the co-founder of Robinhood, he witnessed a steep increase in his net worth. He became a billionaire in 2018 and his wealth has been growing over the years.
Bhatt started his career as a nobody and soon went on to rise with his sheer dedication. His company has been valued in billions and it continues to have more users.
Baiju Bhatt is a highly influential person. He started his career from being a nobody and went on to become a self-made billionaire. He has many plans for the future and has even contributed to the underprivileged. We can surely see a lot from Baiju Bhatt in the world of finance and entrepreneurship.