Reed Hastings, Netflix co-founder and executive ... The recipient of the shares was not disclosed. Through his family trust, Hastings still owns 2.99 million Netflix shares, which are worth ...

Reed Hastings, the co-founder and chairman of the streaming platform Netflix, has changed the entertainment industry at its core. When Netflix’s stock peaked, Hastings’ fortune reached $7 billion.

Reed Hastings, the co-founder of Netflix, has shifted his focus to philanthropy after transforming the entertainment landscape. Hastings’ net worth is largely derived from his Netflix stake ...