The fortune of Pavel Durov drops sharply to about $6.6 billion, down from $17.1 billion, according to updated estimates. The decline reflects a reassessment of the valuation of Telegram amid changing market conditions and comparisons with competing technology platforms.
Analysts attribute the fall primarily to weaker market sentiment toward technology companies and revised expectations for messaging platform valuations. Telegram’s financial performance and growth metrics are increasingly evaluated against peers in the broader social media and communication services sector.
Durov’s financial obligations also influence the updated estimate. The entrepreneur is expected to repay roughly $1.1 billion in outstanding bonds from Telegram’s first issuance by March 22, 2026, adding pressure to his net worth calculation.