IPOS
Since mid-March 2020, 1,489 IPOs (including SPACs) raised $314 billion globally. More than half went public in the U.S., where they raised $277 billion. These 10 billionaires land on the list as a result of such public offerings.
Pan Dong
$8.3 billion • Consumer goods • Canada
The richest woman new to this year’s list, she chairs laundry detergent maker Blue Moon Group Holdings, which listed in Hong Kong in December. Her husband, Luo Qiuping, is the company’s CEO.
Vyacheslav
Kim $3.3 billion • Fintech • Kazakhstan
Mikhail Lomtadze
$3.2 billion • Fintech • Georgia
CEO Lomtadze and chairman Kim have steered Kaspi—a payments, e-commerce and mobile-banking app used in Kazakhstan— from a small-time retail bank to a London public listing. Half of Kazakhstan’s 18 million people use the service.
Pablo Legorreta
$2.9 billion • Investments • U.S.
The former investment banker founded private equity firm Royalty Pharma in 1996 to buy future revenue streams of pharmaceuticals. He took it public on the Nasdaq in June.
Matt Moulding
$2.9 billion • E-commerce • U.K.
His e-commerce empire, The Hut Group, went public in London in September. Two months later he got a $1 billion share bonus that the board had approved.
Tony Xu
$2.8 billion • Food delivery service • U.S.
Xu is cofounder and CEO of food delivery company DoorDash, which listed on the NYSE in December. It delivers meals from 390,000 restaurants in the United States, Canada and Australia.
Jared Isaacman
This story is from the May 2021 edition of Forbes Indonesia.
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This story is from the May 2021 edition of Forbes Indonesia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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