Who Is Baiju Bhatt? Indian-American Robinhood Co-Founder On Forbes Youngest Billionaires List

An Indian-origin entrepreneur has secured a spot on the Forbes 400 ranking of America's richest, featuring among the 10 youngest billionaires in 2025. Baiju Bhatt, co-founder of trading platform Robinhood, is the only person of Indian descent on this elite list. Others in the youngest billionaire category include Meta's Mark Zuckerberg, 41, and Walmart heir Luke Walton, 38.

Who Is Baiju Bhatt?

Baiju Bhatt, 40, co-founded Robinhood, the popular stock trading app, in 2013 with Vlad Tenev, whom he met while studying at Stanford University. As per Forbes, Bhatt's current net worth stands at $6 billion, primarily from his 6% ownership stake in Robinhood.

Bhatt initially served as Robinhood's co-CEO alongside Tenev until 2020, later transitioning to chief creative officer. In 2024, he stepped down from his executive role but continues to serve on the company's board while retaining his ownership stake.

Robinhood's Rise And Bhatt's Wealth

Robinhood has seen remarkable growth in recent years. In 2024, the platform recorded $3 billion in revenue, driven by the boom in crypto-related transactions, along with new product launches such as IRAs and high-yield savings accounts. The company's stock price surged by 400% over the past year, significantly boosting Bhatt's net worth.

Early Life And Family Background

Born to Gujarati immigrant parents in the United States, Baiju Bhatt is the only child in his family. His father moved to America to pursue a PhD at the University of Huntsville, Alabama, but later had to abandon his studies due to health challenges.

Bhatt spent his childhood in Poquoson, Virginia. Following in his father's academic footsteps, he studied physics at Stanford and later earned a master's degree in mathematics from the same university in 2008.

Struggles Behind The Success

In a recent conversation with Shawn Ryan, Bhatt recalled the financial struggles his family faced during his early years. His father was diagnosed with kidney failure when Bhatt was about five years old, requiring long-term medical treatment. To meet the expenses, his father left his doctoral studies and took up work instead.

As an overweight, non-athletic only child, Bhatt said he often felt powerless, particularly as his father's health declined. The family's financial constraints were so severe that they could not afford visits to India, with their last trip taking place in 1997.

Today, from those challenging beginnings, Baiju Bhatt stands as one of the youngest billionaires in America, a testament to resilience, innovation, and entrepreneurial success.