Fanatics Founder Rubin Adds Another $1 Billion to His Fortune
The CEO of the sports collectibles firm is now worth $10 billion after latest fundraising round.
Michael Rubin
Photographer: Tasos Katopodis/Getty ImagesThis article is for subscribers only.
Fanatics Inc. founder Michael Rubin just added another $1 billion to his growing wealth.
The sports apparel and collectibles company he founded raised $700 million at a $31 billion valuation, Bloomberg News reported Tuesday, citing a person with knowledge of the matter. Rubin’s stake is now worth about $10.1 billion, up from $9 billion before the latest round, according to the Bloomberg Billionaires Index.