Year after taking Ibotta public, founder Bryan Leach worth $150M

Couponing Success: Ibotta Founder Bryan Leach’s Net Worth Soars

Turning his passion for savings into a lucrative business venture, Bryan Leach, the CEO of Ibotta, has seen his net worth climb to just under $150 million. This remarkable feat is primarily attributed to his significant stock holdings in the company, amounting to 11% ownership.

Establishing Ibotta in 2011, Leach successfully guided the company through a $660 million IPO last year, propelling its market cap to $1.4 billion. With the stock trading at $45.44 per share, Leach’s 2.3 million Class B shares grant him majority voting control.

Despite not holding the majority stake, Leach’s strategic stock investments have proven to be immensely profitable. His compensation in 2024 totaled $29 million, with a substantial portion coming in the form of stock awards. This marked a significant increase from his earnings in 2023, showcasing the company’s growth trajectory.

Since Ibotta’s IPO, Leach has refrained from selling any shares, underscoring his commitment to the company’s long-term success. Although the stock price experienced fluctuations post-IPO, Ibotta remains a strong player in the market, with a steady revenue growth of 15% in 2024.

Noteworthy figures within the company, such as Luke Swanson, the founding chief technology officer, have also seen substantial compensation through stock awards. Former executives, like Sunit Patel and Chris Jensen, received significant payouts before departing the company.

As Ibotta gears up for further expansion, including a move to a new downtown office, its resilience in the face of market challenges demonstrates a promising outlook for the future.

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