Revolut Billionaire CEO Is The Latest Ultra-Wealthy Founder To ...
Revolut cofounder Nik Storonsky is the latest billionaire to shift their residence away from the U.K. after the British government scrapped a generous tax break
ground.newsHere’s a concise update on Nik Storonsky.
- Nik Storonsky is the founder and CEO of Revolut, the UK-based fintech valued at hundreds of billions in private markets as it moves toward an IPO.[2]
- Recent reporting indicates Revolut delayed its IPO to around 2028, with a potential valuation target between $150 billion and $200 billion, and a secondary share sale planned for late 2026 to provide liquidity for employees and early investors.[2]
- In March 2026 Revolut received its full UK banking licence, expanding from a payments platform to a fully regulated bank.[2]
- Storonsky has publicly discussed residency and tax considerations in recent years, including reports of his residence changes and related tax implications, though these reports have been contested in some outlets.[4][5]
- His personal stake in Revolut has grown over time, reflecting long-term incentive arrangements tied to company valuation, with potential additional equity if certain targets are met.[2]
If you’d like, I can pull the latest mainstream articles and provide a timeline with sources, or summarize the key financial milestones for Revolut under Storonsky’s leadership.