Net worth, 2023

Taavet Hinrikus net worth

The Sunday Times Rich List 2023 ranked the Wise co-founder 197th with £861m.

The Sunday Times Rich List 2023 ranked Taavet Hinrikus 197th, with a net worth of £861m. His wealth comes from his stake in Wise.

Hinrikus was one of the first employees at Skype. Around 2006 he moved from Estonia to London and noticed how much banks charged for international transfers.

In January 2011 he co-founded TransferWise, now Wise, with Kristo Kaarmann, a former Deloitte management consultant.

Wise listed in London in July 2021. A prospectus dated 2 July 2021 said Hinrikus would step down as chair within a year, with David Wells named as his replacement.

Read the full Wise founder story

What is Taavet Hinrikus's role at Wise?

Taavet Hinrikus co-founded Wise, then called TransferWise, in London in January 2011 with Kristo Kaarmann. He was later its chair.

How did Taavet Hinrikus start Wise?

He moved from Estonia to London around 2006. He noticed how much banks charged for international transfers, which led to the idea for Wise. He was one of Skype's first employees.

Why did Taavet Hinrikus step down as chair of Wise?

A prospectus dated 2 July 2021 said he would step down as chair within a year. David Wells was named as his replacement.