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Just saw that Brad Garlinghouse's net worth hit around $10 billion with XRP pumping lately. Charles Gasparino reported it on X, and honestly that's a wild number if accurate. XRP is sitting at $1.34 right now, so the price movement is definitely helping his portfolio.
But here's what caught my attention - Ripple apparently hasn't filed any public financial disclosures despite operating like a traditional business. That seems like it could become an issue, especially with Paul Atkins at the SEC now. Like, if Brad Garlinghouse's net worth is that substantial from the company, shouldn't there be some transparency around Ripple's actual earnings?
The regulatory angle here is interesting. Securities laws typically require financial disclosure, so it's wild that a company of Ripple's size is operating without that level of transparency. Makes you wonder if the SEC is gonna start looking into this more closely. The whole Brad Garlinghouse net worth situation might end up forcing the conversation about Ripple's financials sooner rather than later.