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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

Revolut CEO ‘could get multibillion-dollar windfall if its value passes $150bn’

Revolut Nik Storonsky Elon Musk fintech Lehman Brothers Tesla Inc. United Kingdom
Nik Storonsky
Former Lehman Brothers trader Nik Storonsky founded Revolut in 2015. Photograph: Piaras Ó Mídheach/Sportsfile/Getty Images

Revolut’s chief executive and founder Nik Storonsky could be in line for a multibillion-dollar fortune after he reportedly negotiated an Elon Musk-style deal that hinges on him pushing the fintech company’s valuation past $150bn (£112bn).

The former Lehman Brothers trader, who established Revolut in 2015, is said to have secured a lucrative deal that hinges on the company nearly tripling in value, having last been estimated at $45bn.

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