RJ Scaringe, founder and CEO of Rivian, speaks during a reveal event ahead of the Los Angeles Auto Show on Nov. 27, 2018.
Patrick T. Fallon | Bloomberg | Getty Images
After its first two days of trading in 2010, electric vehicle maker Tesla had a market cap of just over $2 billion.
R.J. Scaringe, the CEO of EV manufacturer Rivian, is worth that much on his own after his company’s second day on the public market.
Rivian shares popped 57% in their first two days on the Nasdaq, giving the company a market cap of almost $105 billion. Scaringe, who founded Rivian in 2009, owns 17.6 million shares, valued at $2.2 billion, based on Thursday’s closing stock price of $122.99.
Scaringe, 38, lured…
Source cnbc.com