Pieter van der Does, CEO and cofounder of Dutch e-payment firm Adyen, is now a billionaire due to the 12% jump of the company’s shares in the market this week.
Van der Does, 49, has a 4.8% stake in the company and is worth just over $1 billion. He sold more than $53 million worth of shares during Adyen’s IPO last year.
This is not van der Does’ first time in the billionaires club. He passed that threshold when the stock first peaked in July. This week marks his first time back on the list since the market downturn in late 2018.
Read more starting at ‘Adyen’s other cofounder and CTO, Arnout Schuijff, 51, became’ at………Cofounders Of E-Payment Service Used By Netflix and Spotify Are The Netherlands’ Newest Billionaires