Roblox CEO Just Got $3 Billion Richer

Roblox Corp. CEO David Baszucki's own net worth is projected to rise by $3 billion on Wednesday thanks to his company going public. Yahoo Finance estimates that Baszucki made $3 billion thanks to the direct listing, which is in addition to the "hundreds of millions" he might have made by selling Roblox Corp. shares to third-parties in the lead-up to the direct listing this week.

Baszucki put about half of his 12% stake in Roblox in the Baszucki Family Office in California, which he registered in 2020.

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Roblox CEO Just Got $3 Billion Richer

Roblox Corp. CEO David Baszucki's own net worth is projected to rise by $3 billion on Wednesday thanks to his company going public. Yahoo Finance estimates that Baszucki made $3 billion thanks to the direct listing, which is in addition to the "hundreds of millions" he might have made by selling Roblox Corp. shares to third-parties in the lead-up to the direct listing this week.

Baszucki put about half of his 12% stake in Roblox in the Baszucki Family Office in California, which he registered in 2020.

Continue Reading at GameSpot
Filed under: Video Games

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