Post #4181

😀 Durov's net worth fell from $17.1 billion to $6.6 billion, according to Forbes. 👻 This decline stems from Telegram's competitor, Snapchat, losing $8.7 billion in capitulation last year, which directly impacted Telegram. Telegram's competitor's 2025 revenue is $6 billion, three times more than Telegram's. 💰 In June, Durov partially refinanced his debt by issuing new $1.7 billion bonds at a higher interest rate (9% instead of 7%), which the market perceived as a sign of diminished reliability. Analysts speculate that Durov may transfer some of his shares directly to major funds (such as BlackRock or Abu Dhabi) to pay off the debt, bypassing a public offering. A full IPO is not expected, noting that Telegram's valuation is significantly lower than the $30 billion Durov previously announced.