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SPAC Deal Makes CEO of Conservative Video Platform a Billionaire

Rumble founder Chris Pavlovski is worth $1.8 billion after the company’s merger with a blank-check firm.

A SPAC deal has made the founder of a conservative social media platform a billionaire — and it’s not Donald Trump.

Chris Pavlovski, chief executive officer of Rumble Inc., is worth more than $1.8 billion after the lightly moderated video network — which features daily shows from hosts including Glenn Greenwald and Russell Brand — went public Monday by merging with a blank-check firm led by Cantor Fitzgerald’s Howard Lutnick. Pavlovski, who is Canadian, owns almost 140 million shares in the company, which he founded in 2013.