Following Musk's Example: Revolut's CEO Could Receive Europe's Largest Bonus Package
A third party has agreed to increase its stake in Revolut if the fintech company’s valuation reaches $500 billion, the Financial Times has learned
Photo: FotoField / Shutterstock.com
Nick Storonsky, the founder and CEO of Revolut—Europe’s most valuable startup—is in talks with investors about a new incentive package for himself. It is expected to increase Storonsky’s stake in the fintech company if Revolut’s valuation surpasses approximately $500 billion, according to the Financial Times (FT), citing sources familiar with the matter.
Details
According to sources interviewed by the newspaper, the parties are currently discussing the structure of the new deal. It may replicate the existing bonus incentive scheme for Storsky: this system involves the phased issuance of shares to the company’s CEO upon the fintech company reaching pre-agreed valuation thresholds.
If the deal goes through, it will be the largest of its kind in Europe, according to the Financial Times, which notes that Storonsky is already Revolut’s largest shareholder, with a stake of approximately 29%. The FT’s sources did not specify by how much he could increase his stake in the company. The founder’s current incentive package provides for an increase in his stake to approximately 40% once Revolut reaches a valuation of $200 billion, Storonsky himself said in December 2025. Under that scenario, the value of his stake would be about $80 billion.
Revolut declined to comment on the matter.
Context
Such incentive packages for top management are common among U.S. tech companies but less so in Europe, the FT notes. For example, last November, Elon Musk reached an agreement with Tesla shareholders that provides for the payment of a trillion-dollar compensation package to him if the company achieves a number of ambitious goals.
Discussions regarding a new incentive package for Storsky are taking place as part of the latest round of secondary sales of Revolut employee shares. Bloomberg previously reported that during this round, the company was valued at $115 billion—more than 50% higher than in November. At that time, Revolut was valued at $75 billion as a result of a similar transaction.
The company is aiming to reach a $200 billion valuation before going public, the FT reported in April. A source previously said that Revolut’s IPO might not take place until at least 2028.
This article was AI-translated and verified by a human editor
