NRI Baiju Bhatt, Entrepreneur, Among 10 Youngest on Forbes 400 List

Los Angeles/ Sept 12, 2025
NRIpress.club/Ramesh/ A.Gary Singh

NRI Baiju Bhatt, entrepreneur, is the founder of Aetherflux, a space-based solar energy company, and the co-founder and former co-chief executive officer of Robinhood, a US-based financial services, has been named among the 10 youngest billionaires on the Forbes 400 list of America’s richest people for 2025.

• Founder of Aetherflux – a space-based solar energy startup launched in October 2024 to beam solar power from satellites back to Earth.
• Co-founder of Robinhood – created the zero-commission stock trading platform in 2013 with Vlad Tenev.
• NRI background – son of Gujarati immigrants, raised in Poquoson, Virginia; father worked at NASA’s Langley Research Center.
• He earned a bachelor’s degree in physics and a master’s degree in mathematics from Stanford University in 2008.
• Robinhood’s mobile app – launched in 2015; Bhatt led product and design, winning an Apple Design Award that same year.
• Space venture investments – invested in Reflect Orbit (space mirrors for solar farms) and Apex (satellite bus manufacturer).
• Baiju Bhatt's net worth has risen to $6 billion, largely due to his 6% stake in Robinhood.
• Expansion into products like IRAs and high-yield savings accounts helped push revenue to $3 billion in 2024.