Investment
Pavel Durov: $1.00B moved in 2024
Telegram raised more than $1bn through convertible bonds sold to sovereign and institutional investors.
The figure
- Amount1,000,000,000 US dollars
- CategoryInvestment
- CorridorDubai, United Arab Emirates → Abu Dhabi, United Arab Emirates
- Distance123 km apart
- Year reported2024
- Documentation confidence85/100
What that amount buys
$1.00B is roughly 13 long-range private jets, 2.4K median-priced US homes, or 12.4K years of median US household income.
Pavel Durov is publicly known as founder, telegram. The arc drawn for this entry joins Dubai and Abu Dhabi because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →