Baiju Bhatt | $1B+

Get in touch with Baiju Bhatt | Baiju Bhatt is an American entrepreneur and co-founder of Robinhood, the influential no-commission trading app launched in 2013. A Stanford-educated physicist and mathematician, he served as co‑CEO until 2020 and then as Chief Creative Officer, stepping down in March 2024 to focus on his space-based solar startup, Aetherflux. Under his leadership, Robinhood became a cultural phenomenon in democratizing finance.

Baiju Prafulkumar Bhatt (born 1984/1985)[1] is an American entrepreneur.[3] He is the founder of Aetherflux, a space-based solar energy company,[4] and the co-founder and former co-chief executive officer of Robinhood, a US-based financial services company.[1][3] Baiju Bhatt Bhatt in 2018 Born Baiju Prafulkumar Bhatt 1984 or 1985 (age 40–41) Nationality American Alma mater Stanford University Occupation Entrepreneur Known for Co-founder and co-chief executive officer, Robinhood Spouse Adrienne Sussman Children 1 Contents Early life and education edit Bhatt, the son of Gujarati immigrants from India, grew up in Poquoson, Virginia.[5] His father worked at NASA’s Langley Research Center, sparking an interest in space during Bhatt's youth.[4] He earned a bachelor's degree in physics from Stanford University, where he also completed a master's degree in mathematics in 2008.[3] Bhatt and Vlad Tenev, the other co-founder of Robinhood, met during their time at Stanford.[6] Career edit Robinhood edit In 2013, Bhatt co-founded the zero-commission stock trading platform Robinhood with Vlad Tenev.[1] In 2015, Robinhood launched a mobile app,[7] of which Bhatt focused on the product and design elements. Bhatt emphasized the importance of user research and he and team members would approach students on Stanford's campus, asking for feedback on new features, eventually leading to an Apple Design award in that same year.[8] Following a funding round in May 2018 which increased Robinhood's valuation to $6 billion, Bhatt and Tenev became billionaires.[1][9] He stepped down as co-CEO in November 2020 and assumed the role of chief creative officer.[10][6] In March 2024, Bhatt stepped down from his executive role of chief creative officer at Robinhood with the intent to focus on another venture. He retained his role as a member of the company's board of directors.[6] Aetherflux edit In October 2024, Bhatt announced the launch of a space-based solar energy startup based in San Carlos called Aetherflux, of which he is the founder and chief executive. The company intends to create a satellite constellation to collect solar energy in space and beam it back to Earth using infrared lasers, distributing energy to remote regions of the world where delivering power is expensive, difficult, or dangerous.[11][4] Space-based solar power can be traced back to science fiction writer Isaac Asimov’s 1941 short story, Reason, while the name of the company was inspired by the idea of aether theories.[4] Bhatt is an investor in several private space companies, including Reflect Orbit, a company with the goal of building mirrors in space to reflect sunlight toward solar farms on Earth during the night, and Apex, a producer of satellite buses, among others.[11] Awards and recognition edit Bhatt has received recognition from several groups and media outlets.[12][13] He appeared in a Fast Company list, "Most Creative People", in 2017,[14] and a Fortune "40 Under 40" list in 2018.[15] Personal life edit Bhatt is married to Adrienne Sussman. They have one child.[2] As of December 2024, Forbes has estimated his net worth at US$2.5 billion.[16] In popular culture edit Bhatt is portrayed by Rushi Kota in the 2023 film Dumb Money, a drama about the GameStop short squeeze

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