Billionaire CEO David Velez Sells $191 Million Stake in Nubank
David Velez, the billionaire CEO and chairman of Nu Holdings Ltd. - Nubank, sold nearly 3% of his stake in the Sao-Paulo-based digital bank, netting proceeds of about $191 million. Velez reported that he sold 25 million shares, which is equivalent to 3% of his stake in the Sao Paulo-based...