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Byju Raveendran: Byju Raveendran's net worth plummets to zero, as per Forbes Billionaire Index 2024; Here're others who fell off the list

Forbes Billionaire Index 2024 highlights a drastic decline in Byju Raveendrans net worth, plummeting from ₹17,545 crore ($2.1 billion) to zero. This sharp downfall follows crises within his startup, Byjus, once valued at $22 billion. The companys financial woes, including a staggering net loss exceeding $1 billion, led to a significant devaluation, with BlackRock marking its worth at just $1 billion. Shareholders recently voted to remove Raveendran as CEO amidst ongoing challenges.
Hong Kong United States Laurent Junique Pyotr Kondrashev Tang Binsen Ryan Breslow

Robinhood's new Gold Card, BaaS challenges and the tiny startup that caught Stripe's eye

This week, we’re looking at Robinhood’s new Gold Card, challenges in the BaaS space and how a tiny startup caught Stripe’s eye. Robinhood took the wraps off its new Gold Card last week to much fanfare. It has a long list of impressive features, including 3% cash back and the ability to invest that cash back via the company’s brokerage account.
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Source: yahoo.com

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