Fanatics Founder Michael Rubin Is Billions Of Dollars Richer After Company Scores $18 Billion Valuation

Fanatics Super Bowl Party at College Football Hall of Fame on January 5, 2019 in Atlanta, Georgia. Michael Rubin, the founder and chairman of popular sports apparel merchandiser Fanatics, is now worth $8 billion after Fanatics closed a $325 million funding round on Monday,estimates. The latest funding round propelled Fanatics’ valuation from $12.

Rubin’s fortune has more than doubled over the past year as Fanatics has continued to grow in popularity. In March, the company announced that investors had pumped $320 million into the company at a $12.8 billion valuation, more than double its previous valuation. That drove Rubin’s net worth, whichhad estimated at $3.5 billion, up to $6.2 billion.

and predicted that the U.S. market could grow to $22 billion annually when all U.S. states allow sports gambling. So far, it’s legal in 21 states and Washington, D.C.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

China tech stocks plunge again as regulators unveil new antitrust rulesChina's biggest tech companies lost more than $50 billion in market value Tuesday after the government proposed sweeping new rules to further curb anti-competitive behavior among big internet firms.
Källa: CNN - 🏆 4. / 95 Läs mer »

This decentralized music streaming service landed a first-of-its-kind partnership with TikTok—and its token's market cap surged past $1 billionThis decentralized music company landed a first-of-its-kind partnership with TikTok—and its token's market cap surged past $1 billion (via CNBCMakeIt) MakeIt it’s not decentralized if it runs off of a centralized network - do some fucking better research about what the difference is between those two words. understand that $eth shit runs off amazon web servers and nobody can even run their own fucking nodes. it’s bitcoin or shitcoins
Källa: CNBC - 🏆 12. / 72 Läs mer »