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Baiju Bhatt
Bhatt in 2018
Born
Baiju Prafulkumar Bhatt

1984/1985 (age 41–42)[1]
NationalityAmerican
Alma materStanford University
OccupationEntrepreneur
Known forCo-founder, Robinhood
Spouse(s)Married
Children1

Baiju Prafulkumar Bhatt (born 1984/1985)[1] is an American billionaire entrepreneur[1][2] of Indian descent.[2][3][4] He is the co-founder, along with Vladimir Tenev, of Robinhood, a US-based financial services company.[1][2]

Early life[edit | edit source]

Baiju Prafulkumar Bhatt, the son of Indian immigrants, grew up in Poquoson, Virginia.[5] He earned a bachelor's degree in physics from Stanford University where he also completed a master's degree in mathematics in 2008. He and Tenev met during Bhatt's time at Stanford.[6]

Career[edit | edit source]

In 2013, Bhatt co-founded the trading platform Robinhood with Tenev.[1] The idea stemmed from witnessing the issues in the financial industry during the 2011 protests of Occupy Wall Street.[7]

Following a funding run in May 2018 which increased Robinhood's valuation to $6 billion, Bhatt and Tenev became billionaires.[1][8]

As of August 2021, Forbes has estimated his net worth at US$2.4 billion.[9]

Awards and recognition[edit | edit source]

Bhatt spoke at Disrupt SF 2018 on investing where he announced plans to launch an IPO for Robinhood in 2019.[10]

Personal life[edit | edit source]

Bhatt is married, has one child, and lives in Palo Alto, California.[9]

References[edit | edit source]

  1. 1.0 1.1 1.2 1.3 1.4 1.5 "Robinhood Founders Are Billionaires in Silicon Valley Minute". Retrieved 23 July 2018.
  2. 2.0 2.1 2.2 Vix, Bill (2020). "20 Things You Didn't Know About Baiju Bhatt". moneyinc.com. Retrieved 29 Jan 2021.{{cite web}}: CS1 maint: deprecated archival service (link)
  3. BG Mahesh [@bgmahesh] (29 Dec 2017). "Wasn't aware the co-founder of @robinhoodapp, the most popular stock trading app in the US, @bprafulkumar was of Indian origin #Gujarat. They have scaled very well, kudos" (Tweet) – via Twitter.{{cite web}}: CS1 maint: deprecated archival service (link)
  4. "Baiju Prafulkumar Bhatt". linkedin.com. Retrieved 29 Jan 2021.{{cite web}}: CS1 maint: deprecated archival service (link)
  5. "I'm Baiju Bhatt, Robinhood CEO, and This Is How I Work". lifehacker.com. Retrieved 29 January 2021.
  6. "Baiju Prafulkumar Bhatt: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 23 July 2018.
  7. Cao, Sissi (September 10, 2018). "Robinhood CEO Opens Up About How He Convinced Tim Draper to Back His Crazy Idea". Observer. Retrieved 11 January 2019.
  8. "Meet the 11 new tech billionaires that emerged in 2018". Retrieved 23 July 2018.
  9. 9.0 9.1 "Forbes profile: Baiju Bhatt". Forbes. Retrieved 18 July 2021.
  10. Constine, Josh. "Robinhood aims at IPO as the fintech startup seeks CFO". TechCrunch. Retrieved 11 January 2019.