Rod Drury - Xero to $2b real quick

Fri, 13 Nov 2020

With accounting software firm Xero now trading well above A$100 on the ASX, founder Rod Drury has likely earned his second billion from the company.At last night’s closing price of A$123.50, Drury’s 13.7 million shares were worth approximately NZ$1.8 billion dollars. That is after he sold two million shares early in September when Xero’s stock price was a more modest A$99.While his Xero holding alone has netted him at least $2 billion, it is not Drury’s only asset or venture and his net worth is likely well above that ma...

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