Baiju Prafulkumar Bhatt is an American billionaire entrepreneur of Indian descent. He is the co-founder, along with Vladimir Tenev, of Robinhood, a US-based financial services company.
Baiju Prafulkumar Bhatt, the son of Indian immigrants, grew up in Poquoson, Virginia. He earned a bachelor's degree in physics from Stanford University where he also completed a master's degree in mathematics in 2008. He and Tenev met during Bhatt's time at Stanford.
In 2013, Bhatt co-founded the trading platform Robinhood with Tenev. The idea stemmed from witnessing the issues in the financial industry during the 2011 protests of Occupy Wall Street.
Following a funding run in May 2018 which increased Robinhood's valuation to $6 billion, Bhatt and Tenev became billionaires.
As of July 2021, Forbes has estimated his net worth at US$1.0 billion.