The chief executive of Boston-based online sports betting company DraftKings Inc. is now a billionaire.
Jason Robins, who co-founded DraftKings with Paul Liberman and Matthew Kalish, has an estimated net worth of $1.2 billion following a recent surge in the company’s stock, according to the digital content site Sportico. Passing the $1 billion net worth threshold makes Robins a member of the so-called “three-comma club.”
A spokesperson from DraftKings confirmed to the Business Journal that the Sportico report is “generally accurate,” but declined to say how many shares Robins owns. Robins and DraftKings declined further comment.
According to Reuters data, Robins was the company’s 12th largest shareholder as of January, with 1.33% of the company’s outstanding shares.
