Home / Business and Economy / Figma Co-Founder Becomes Billionaire After Blockbuster IPO
Figma Co-Founder Becomes Billionaire After Blockbuster IPO
31 Jul
Summary
- Figma's IPO closes at $115.50, up 250% from $33 IPO price
- Co-founder Dylan Field's stake worth $6.1 billion
- Co-founder Evan Wallace also becomes a billionaire with $3.1 billion stake
In a remarkable turn of events, the blockbuster initial public offering (IPO) of Figma Inc. has catapulted the company's co-founders into the billionaire's club. As of July 31, 2025, Figma's shares closed at a staggering $115.50, a 250% surge from their $33 IPO price.
This meteoric rise has minted two new billionaires. Co-founder Dylan Field's stake in the San Francisco-based firm is now worth a staggering $6.1 billion, putting him on the verge of being ranked among the world's 500 richest people. Meanwhile, his co-founder Evan Wallace has also become a billionaire, with his stake valued at $3.1 billion.
The cut-off for Bloomberg's ranking of the top 500 billionaires was $7 billion as of the close on July 31, 2025, underscoring the remarkable wealth creation that has occurred at Figma. This remarkable IPO success story has captured the attention of the global business community, solidifying Figma's position as a rising star in the technology sector.
