Mashrabov May Join Forbes Billionaires List

Alexander Mashrabov, co-founder of the American AI startup Higgsfield, may join the Russian Forbes list of billionaires, the magazine reported.

Consensus

Alexander Mashrabov is a co-founder of the AI startup Higgsfield.
Higgsfield recently raised $400 million in funding at a $5.4 billion valuation.
The company was founded in 2023 by Alexander Mashrabov and Yerzat Dulatov.
Higgsfield is based in San Francisco and develops a platform for generating images and videos from text prompts.
Forbes is evaluating Mashrabov's net worth based on his assets, including company shares, real estate, land, and personal property.
Mashrabov previously worked at Yandex and Snap Inc., where he led generative AI efforts.
Mashrabov was previously featured in Forbes' '30 Under 30' list in the 'Science and Technology' category.
The company's valuation increased fourfold from $1.3 billion at the start of the year to $5.4 billion.
Investors in the latest round included Intel, Goldman Sachs, DST Global, and Liberty Global.

Mashrabov's stake in Higgsfield may exceed 20 percent. — vm
Experts believe Mashrabov's stake is above 23 percent, with one investor estimating it at 25-30 percent. — vedomosti
Forbes experts estimate Mashrabov's stake at 25-30 percent, and an anonymous source close to the deal confirmed it exceeds 20 percent. — kommersant