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Investing.com -- Billionaire Nikolay Storonsky, the CEO and co-founder of financial technology business Revolut, has relocated his residence from the United Kingdom to the United Arab Emirates.
The change in residence status, which occurred in October 2024, was revealed in a filing published Tuesday in Britain’s corporate registry, Companies House.
Storonsky, who was born in Russia, co-founded Revolut in 2015. According to the company’s latest annual report, he owns more than 25% of the company, either directly or indirectly.
The fintech company received a $75 billion valuation last month. This makes Storonsky’s stake in the company worth a substantial amount given his ownership percentage.
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