Sign up FAST! Login

GoPro's CEO Just Dropped $229 Million to Fulfill a Promise to His College Roommate

GoPro s CEO Just Dropped 229 Million to Fulfill a Promise to His College Roommate Bloomberg Business


Billionaire Nick Woodman’s fortune dropped $229 million this week after he fulfilled a promise made to his college roommate more than a decade ago.

The GoPro Inc. founder returned 4.7 million shares to the San Mateo-based camera maker on May 11, according to a regulatory filing. He agreed in 2011 to repay the company for stock options it granted to Neil Dana, who attended the University of California at San Diego with Woodman and was GoPro employee No. 1.

Stashed in: Founders, GoPro

To save this post, select a stash from drop-down menu or type in a new one:

Wow what a standup guy!