Travis Kalanick, the former Uber CEO who resigned last year, is walking away with $1.4 billion after the company finalized a new deal, CNBC reported Thursday.
Japanese company SoftBank reached an arrangement with Uber, according to the report, making them Uber’s largest investor, and valuing the ride hailing company at $48 billion.
Bloomberg estimates that Kalanick, a co-founder of the transportation company, is worth $4.74 billion.
Read more at The Hill.
{Matzav.com}
