#590
Vlad Tenev
Overview
- Source of Wealth
- Stock trading app
- Industry
- Finance & Investments
- Residence
- Palo Alto, California
- Organization
- Cofounder(s) at Robinhood Markets
- Education
- Stanford University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 1
Assets
- Robinhood55,282,210 shares @ --HOOD-US
Biography
Vlad Tenev is CEO of stock trading app Robinhood Markets, which he founded in 2013 with his friend Baiju Bhatt.
Since its launch, Robinhood's no-commission trading model has revolutionized the brokerage industry.
In 2021, Robinhood went public on the Nasdaq exchange at a $32 billion valuation.
Tenev owns more than 6% of the company.
The son of two World Bank staffers, Tenev was born in Bulgaria and grew up in Washington, D.C.
About
In December 2020, Robinhood agreed to pay $65 million to the Securities and Exchange Commission to settle charges of deceiving customers about its revenue sources.
Tenev met his cofounder Baiju Bhatt while the two were undergraduates at Stanford University.