https://www.cnet.com/news/ubers-former-ceo-said-to-cash-in-at-1-4b-in-softbank-deal/

The world looks like it's about to get a new billionaire: former Uber CEO Travis Kalanick.

Uber has confirmed that it closed its deal with a consortium led by Japanese internet giant SoftBank Group on Thursday selling a 20 percent stake in its shares. Once the deal is officially done, Kalanick reportedly will walk away with $1.4 billion, according to CNBC.