This article discusses Vishal Garg, CEO of Better.com who sacked hundreds of employees at one time and Vishal Garg’s Net Worth.
Are you familiar with his CEO Vishal Garg, who sacked hundreds of employees in an unplanned call? Do you want to know more about the man? If yes, then stay with us.
Vishal Garg was the subject of worldwide the news this week after the company fired more than 90 employees in one call. The news has led to people becoming interested in the amount of money he has. In this article we will look at Vishal Garg’s Net Worth. Vishal Garg’s net worth, along with the way he became a viral sensation.
What are you? Vishal Garg?
Vishal Garg, CEO at Better.com. Garg was born in India and was raised living in America. United States. Garg established MyRichUncle which is an online lending company for students upon graduation of New York University.
According to his LinkedIn profile, he has previously was a co-founder of One Zero Capital, an investment firm that focuses on creating and financing companies which are situated at the intersection of technology, finance for consumers marketing on the internet. Garg created Better.com in 2014 and has served as the CEO since its inception.
Let’s discuss Better.com the company for where Vishal Garg is CEO, prior to getting to know Vishal Garg’s net worth.
More About Better.com
Better.com provides a loan company which offers an entirely online process that covers rate, pre-approval for mortgage and even tools. The company was started in the year 2000 by Vishal Garg. Their services provided by Better.com are available anytime, anywhere.
Customers of Better.com generally get pre-approval within minutes, and can close loans or mortgages in less than three weeks due to the many mortgage options that are available.
Better.com is rapidly expanding mortgage and homeownership company located in the United States. The company has increased by over 400% in the past year since. Presently, Better.com is an American unicorn valued at $7.7 billion.
Is Vishal Garg Net Worth?
Vishal Garg’s wealth is estimated to be around $1 billion. Although a complete account on Vishal Garg’s financial situation is not publicly available currently however, the Better.com CEO is believed to be in a huge financial situation.
According to various reports Garg’s net worth has been reported to be more than $4 billion. Garg founded Better.com and is worth about $7.7 billion.
As for personal earnings, Garg earned a $25 million cash prize for the holiday season in 2020. Additionally, Garg allegedly invested $10 million in AlphaFlow which is a website that deals in real estate investment debt in November of 2020.
We now know the Vishal Garg’s Net Worth, let’s discuss the ways Vishal Garg became a viral sensation.
What caused Vishal Garg become a viral sensation?
Vishal Garg is alleged to have dismissed more than the 900 employees in the Zoom call on Wednesday, the 1st of December 2021. According to reports that 90% of workers at Better.com were laid off during the Zoom conference.
The Zoom conference call of Vishal Garg became viral which made him famous within a short time. Many were stunned at the CEO’s behavior and a lot of people criticised his choice on social media.
Conclusion
Vishal Garg’s actions do not seem justifiable. He cut off hundreds of employees during the Zoom conference call. The only way to help employees is to receive the benefits they are entitled to from Better.com. Go to this News website for more information.
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