Vishal Garg Net Worth 2022? Who is Better.com CEO Vishal Garg’s and Why he Goes Viral

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In this article you will learn who is Better.com CEO Vishal Garg and what is his total net worth 2022.

Last week, the mortgage start-up CEO and founder announced his staff about the decision via a Zoom video call, which went viral on many digital platfforms. Better.com, a $7.7 billion unicorn, announced a 9% layoff in a Zoom meeting with its CEO, Vishal Garg. Talking about  Better.com, ait is an online mortgage and homeownership company, has announced the immediate termination of 900 employees.

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During the Zoom conference, Garg told employees, “I come to you with not wonderful news.” “As you are aware, the market has changed, and we must adapt in order to survive.” If you’re receiving this call, you’re among those who will be laid off. Your employment with us has been terminated with immediate effect.”

In addition, Garg stated that Better.com was laying off 15% of its employees; however, a spokesman for the company told SFGATE that the layoffs totaled 9% of the company’s workforce.

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Who Is Vishal Garg? Better Mortgage CEO Vishal Garg Net Worth 2022?

Vishal Garg is estimated to be worth $4 billion, according to numerous media. New York University awarded him a bachelor’s degree in finance and international business. He began his entrepreneurial career after he dropped out of Morgan Stanley’s investment banking analyst programme at the age of 21. In the year 2000, Garg founded a student-focused loan service company. Merrill Lynch bought the company five years later.

Vishal Garg was also a founding partner of 1/0 Capital, an investment holding firm focused on consumer fin-tech, from 1999 until 2014. Vishal started Better Mortgage in 2014, and the company is expected to grow 400 percent by 2020, according to data.

Better.com was launched in January 2014, and Vishal Garg has been the company’s CEO since then. In addition to his work at Better.com, Garg is a founding partner of One Zero Capital, an investment holding company.

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What did the laid-off employees get?

Employees in the United States will get four weeks of severance pay, one month of benefits, and two months of cover-up pay, with Better.com covering the cost. Employees who have been fired will reportedly receive an email from the company’s HR department with more information on the perks to which they are entitled.

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