A extrema-direita está reforçando seu caixa com bilionários comprometidos com sua ideologia ultra-conservadora.
From: Forbes Daily, Jan 7, 2025
| | | Why The Founder Of The Right-Wing Video Platform Rumble Is Now A Billionaire |
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| Plenty of people got presents at the end of December, but Rumble founder and CEO Chris Pavlovski had a particularly lucrative holiday season. On December 20, Pavlovski’s cash-strapped YouTube alternative, which claims the mantle of free speech and is popular with the political right, announced a $775 million investment from crypto giant Tether. That sent Rumble’s stock soaring by more than 100% over the next week and made Pavlovski a billionaire. Forbes estimates that Pavlovski is now worth around $1.3 billion, thanks to his 25% stake in Rumble. And that’s with Rumble’s volatile stock down 15% to $13.77 per share Monday, after closing at a peak of $16.27 on December 26. Not included in Forbes’ estimate of Pavlovski’s fortune: “earnout” shares and options that could boost his stake in Rumble to as high as 44%, if the company’s stock trades above $17.50 per share for 20 days in a 30 day period prior to September 2027—a scenario that now seems a little less outlandish than it did a month ago. “The strength in the stock has been driven by [an] improved balance sheet [due to] the Tether investment and the more favorable political backdrop for alternative news outlets,” says Wedbush analyst Scott Devitt. |
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| “Chris Pavlovski isn’t the first person to make a huge fortune from creating tech companies that appeal to conservatives—just look at the president-elect,” says Forbes reporter Kyle Khan-Mullins. “But Rumble’s takeoff and Pavlovski’s net worth boom signal that some investors believe such websites could pose a real threat to established Big Tech companies. What remains to be seen is whether Rumble can finally turn that cash into a profitable business or whether giants like YouTube and Amazon will ultimately win the day.” |
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