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Rahul Yadav, CEO of Housing.com gives away entire stake to employees

The Chief Executive of Housing.com on Wednesday decided to allot all his personal holding in the company that worth Rs 150-200 crore to the employees.

The Housing portal said, “Rahul Yadav has decided to allot all his personal shares worth Rs 150-200 crore to the employees of Housing.com who number 2,251.”

“The value of this stock is worth the employees’ one-year salary”, it added.

By justifying the move Yadav said that he is just 26 and it’s too early in life to get serious about money etc.

“We want to unify all those and create a global platform for real estate”, he said.

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