TRAVIS KALANICK

Forbes - - THE WORLD’S BILLIONAIRES -

newsmaker: af­ter bow­ing to in­vestor pres­sure and re­sign­ing as uber’s Ceo last sum­mer, kalanick sold al­most a third of his stake in the ride-hail­ing com­pany in Jan­uary for $1.4 bil­lion, pre­tax; it was part of a mega-deal led by softBank. With kalanick and other early in­vestors cash­ing out, the Ja­panese con­glom­er­ate was able to as­sem­ble a 15% stake in the com­pany, buy­ing most of it at a $48 bil­lion val­u­a­tion. it spent an­other $1 bil­lion-plus for ad­di­tional shares at uber’s pre­vi­ous $68 bil­lion val­u­a­tion.

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