Hate him, love him, but booted CEO Travis Kalanick soon to be an Uber billionaire
Uber allegedly hacked into competitors computer systems and engaged in undercover surveillance. Travis Kalanick, onetime CEO of Uber, is poised to sell a big chuck of his stock in the ride hailing company. SAN FRANCISCO -- Ousted Uber CEO and cofounder Travis Kalanick was always filthy rich on paper. Now he'll soon be swimming in greenbacks in reality. Kalanick plans to sell 29% of his Uber stock -- after long boasting that he had never relinquished one share of the ride-hailing company he helped start in 2009 -- to the cha-ching tune of $1.4 billion, according to a Bloomberg report Thursday citing persons familiar with the matter.
Jan-5-2018, 05:50:15 GMT
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