After the 2021 GameStop short squeeze, Robinhood CEO Vlad Tenev faced intense scrutiny, including congressional hearings, regulatory investigations, and a phone seizure by federal authorities. Tenev's net worth dropped by roughly $4.28 billion, and he defended the company's decision to restrict trading as a necessary action to meet regulatory capital requirements.
Vlad Tenev, the current CEO of Robinhood, lost his billionaire status and approximately $4.28 billion in money and assets after the GameStop short squeeze events. Baiju Bhatt, co-founder of Robinhood, stepped down as co-ceo but still holds the position of Chief Creative Officer and Director.
But the day after GameStop reached its peak, Robinhood abruptly restricted trading in some meme stocks, claiming that it had been forced to do so by a liquidity crunch, Wall Street rules and clearinghouse limits. The restrictions caused the stocks to plunge, prompting lawsuits, congressional hearings and an S.E.C.
Bhatt served alongside Mr. Tenev as our co-CEO and co-President. From 2021 to March 2024, Mr. Bhatt served as Chief Creative Officer of Robinhood Markets, Inc.
Dozens of class action lawsuits have been filed against Robinhood in U.S. courts, and the U.S. House Committee on Financial Services held a congressional hearing on the incident.
Even the stories of some of the traders Dumb Money was based on, and who I talked to for this story, are far from cut and dried. Some big names lost money on GameStop, but others made a bundle. The same goes for everyday investors — some won, some lost, and plenty were just in it for the casino-like ride.
Yes, Baiju Bhatt is a billionaire, co-founder of the Robinhood trading app, and was listed as one of the youngest billionaires on the 2025 Forbes 400 list with a net worth estimated at around $6.9 billion, largely from his significant stake in Robinhood.
Actor, director and producer Pooja Bhatt, known for her candid and articulate nature, is now channelling that gift into hosting her podcast, The Pooja Bhatt Show. With this project, she promises to go beyond the glitter and dive into the lesser-seen layers of the entertainment industry.
Michael Burry made approximately $100 million personally and generated over $700 million for his investors by shorting the U.S. housing market, a move that paid off spectacularly during the 2008 financial crisis, with his firm Scion Capital realizing huge returns like 489% between 2000 and June 2008.
Although GameStop's legacy retail business is facing decline, as observable in the 4.6% Y/Y revenue drop in Q3-FY2025, the aggressive cost rationalization (SG&A down 21.5% Y/Y) has stabilized profitability. The primary risk for my GameStop buy thesis is capital misallocation and stagnation.
Robinhood has major catalysts
Robinhood's business is expected to keep growing as new products start to mature. The average estimate is that its annual revenue in 2025 was $4.53 billion, up by 53% YoY, while its earnings-per-share rose to $2.03, up from $1.56.
Personal life. Bhatt is married to Adrienne Sussman. They have one child.
Vladimir Tenev (Bulgarian: Владимир Тенев; born 13 February 1987) is an American entrepreneur who is most notably the co-founder (with Baiju Bhatt), Chairman, and CEO of Robinhood, a US-based financial technology services company. Tenev moved to the United States from his native Bulgaria at the age of five.
To make $3,000 a month ($36,000/year) from investments, you need a significant lump sum or consistent, high-yield income streams, with estimates ranging from roughly $300,000 at a 12% yield to over $700,000 for stable Dividend Aristocrats, depending on your investment type, dividend yield, risk tolerance, and strategy. A simple formula is: Investment Needed = ($3,000 x 12) / Annual Dividend Yield.
Robinhood typically won't refund money for scams where you authorized the transaction (like falling for phishing), as it's not like a credit card chargeback, but they may reimburse for truly unauthorized activity if their system failed, requiring immediate reporting, freezing the account, and documenting everything to prove it wasn't your fault. Swift action and proving a security breach (not you enabling it) offer the best chance for review, though crypto transfers are often final.
Robinhood is a solid option for growth investors
Entering trading this week, shares of Robinhood have soared more than 250% since the beginning of the year. While the stock may not rally as much in 2026, it still has the potential to rise higher next year, especially as it grows its prediction-market business.
But have you ever thought about who tops the list of richest people in Asia? Well, there is no surprise that Mukesh Ambani is #1 among Asian billionaires. Continue reading to take a look at the top 10 wealthiest and powerful Asians in 2026.
Byju Raveendran Net Worth
However, as BYJU'S valuation has dropped dramatically, his current net worth is reported to be zero. The company's financial struggles, including a large loss in valuation and ongoing legal challenges, have led to a significant reduction in his wealth.
Baiju Bhatt, co-founder of Robinhood, is now focused on his new venture, Aetherflux, an ambitious aerospace company developing space-based solar power to beam clean energy to Earth using lasers, with plans to launch a demonstration satellite soon. He's also building Galactic Brain, a platform for long-term thinking and scaling humanity responsibly, drawing from his experiences at Robinhood to tackle complex challenges in deep tech and energy.
The rising stock value allowed Gill to turn an initial US$53,000 investment into $50 million by January 2021. Between 2021–2024, Gill kept a low profile but continued to increase his GameStop ownership.
Gill's belief in GameStop didn't just make him famous—it made him incredibly wealthy. After exercising his call options, Gill still holds 9,001,000 shares of GameStop. At today's price of $29.70 per share, those shares are worth about $267 million.