By Admin 
Kunal Shah Net Worth: Ever since the name of Kunal Shah, founder of Indian fintech platform Cred, has been associated with Meta, there has been a lot of discussion about him. Recently Kunal has been appointed as the new Global CEO of WhatsApp. Now Kunal will lead WhatsApp at the global level. As soon as this news came out, the most talked about thing was Kunal’s net worth. So let us know how much wealth Kunal Shah has.
Kunal Shah’s net worth
Before being the founder of CRED, Kunal Shah was also the founder of FreeCharge. There is no official data about his total wealth. He himself has never mentioned anything about this. He did not even disclose how much stake he had in CRED. Not only this, but he also did not disclose where and how much he had invested.
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Estimates regarding net worth
Kunal has never made any disclosure related to his income and property. This is the reason why different estimates are made regarding his net worth. In some reports, his wealth is said to be more than Rs 4,700 crore, while in some reports Kunal is said to be the owner of property worth more than Rs 15,000 crore. However, these are only estimates and have not been officially confirmed.
How did CRED start?
No one can give the details of Kunal Shah’s total wealth. However, a little guess can be made from their startups. Kunal’s first major success was FreeCharge, which he started in the early days of digital payments. After this he invested in many startups and started CRED in 2018. He initially invested about 1 million dollars in it. It started with credit card bill payments, later expanded into loans, insurance, wealth management and other financial facilities. Today CRED has more than 1.7 crore members and is counted among the leading fintech companies of India.
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How does WhatsApp earn money?
Kunal Shah has recently become the Global CEO of WhatsApp. In such a situation, people also want to know what is the source of earning of WhatsApp. WhatsApp’s income mainly comes from business messaging, advertisements and services provided to companies. Fees are not charged from common users on this app. Nor is any advertisement used in personal messaging. In such a situation, it will be interesting to see what changes the new global CEO makes in it.