REVOLUT FOUNDER NIK STORONSKY EYES A £30BN ELON MUSK-STYLE JACKPOT
The boss of Revolut could be in line for a £30billion windfall.
Under an Elon Musk-style pay deal, Nik Storonsky could cash in if its value more than triples from around £35billion to over £110billion.
The exact details are not known. But the founder and chief executive is thought to own around a quarter of the company – worth some £8.5billion.
His stake could hit as much as 35 per cent if targets are hit, according to the Financial Times. Should the value of the company top £110billion, this stake would be worth £38.5billion.
Revolut declined to comment on an agreement that has drawn comparisons with a bumper deal that Musk agreed with Tesla in 2018.
Revolut has more than 9m UK customers and 50m around the world. It is mulling a potential listing on the New York stock market.