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Airbnb founders to become multi-billionaires after float

Airbnb’s IPO will make its founders billionaires several times over.

If the room booking service’s float proceeds as planned it is expected to raise as much as $3bn to achieve a valuation of about $31bn.

The float prospectus revealed that Brian Chesky, chief executiveand co-founder, owns 15.4% of the business, while co-founder Joe Gebbia and original software developer Nathan Blecharczyk each own 14.2%.

The Times (£)
The FT (£)

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