Forbes put Vlad Tenev's net worth at $5.8 billion on its 2025 Forbes 400 list, with figures as of 1 September 2025. It was his first appearance on the list. Forbes tied the jump to investor interest in Robinhood's crypto business, which lifted the share price. Other outlets published different numbers, so the figure is a dated snapshot.
Tenev and Baiju Bhatt founded Robinhood in April 2013. A May 2018 funding round valued the company at $6 billion and made both men billionaires on paper. Tenev became sole CEO in November 2020, after serving as co-CEO with Bhatt.
In January 2021 Robinhood restricted purchases of GameStop and other stocks during a short squeeze, citing clearinghouse deposit requirements. Tenev apologised in testimony to the House Financial Services Committee on 18 February 2021. The company listed on Nasdaq on 29 July 2021 at $38 a share.
Robinhood joined the S&P 500 on 22 September 2025. It reported revenue of about $4.47 billion and net income of about $1.88 billion in fiscal 2025, and its market value was about $70.6 billion in November 2026, according to companiesmarketcap.com.