Figma's CEO Dylan Field Sees Fortune Soar to $6.1 Billion with IPO Success

Figma's IPO has made co-founder Dylan Field a billionaire with a $6.1 billion fortune, putting him on the verge of ranking among the world's 500 richest people. Shares closed at $115.50, up 250% from the IPO price. Co-founder Evan Wallace is also a billionaire with a stake worth $3.1 billion. Field's performance-based compensation package includes 14.5 million shares that could be worth over $3.3 billion if the company meets certain valuation hurdles.

Figma's highly anticipated initial public offering (IPO) on the New York Stock Exchange (NYSE) on July 31, 2025, has marked a significant milestone for the innovative design software company and its co-founders. The IPO, which valued Figma at approximately $19.3 billion, has made co-founder Dylan Field a billionaire, with a net worth of $6.1 billion, placing him on the verge of ranking among the world's 500 richest people. Co-founder Evan Wallace, with a stake worth $3.1 billion, also joined the billionaire club [1].

The IPO was oversubscribed by nearly 40 times, reflecting strong investor demand for high-growth tech stocks. Figma plans to raise about $1.2 billion by selling shares at a revised price range of $25 to $28 [1]. The company's impressive financial metrics, including $821 million in annual recurring revenue growing 46% year-over-year, 132% net dollar retention, and 91% gross margins, underscore its dominance in collaborative design software [1].

Dylan Field's performance-based compensation package, which includes 14.5 million shares, could be worth over $3.3 billion if the company meets certain valuation hurdles. This tranched compensation package is similar to the one received by Elon Musk of Tesla Inc. and is designed to incentivize executives with high-risk, high-reward deals [2].

The IPO's success could invigorate the tech sector, especially after a lull in listings. Kiplinger advises investors to consider FIG stock, citing strong fundamentals despite market volatility. Field cautioned that share prices are "a moment in time," urging focus on long-term value creation through design differentiation [1].

Figma's public debut under ticker FIG encapsulates a decade of innovation, from bootstrapping at Brown University to a $19 billion valuation. The company's mission remains to empower designers and broaden access, ensuring Figma not only competes but redefines how digital products are built in an AI-infused era [1].

References:
[1] https://www.webpronews.com/figma-ipo-debuts-on-nyse-at-19-3b-valuation-raises-1-2b/
[2] https://www.bloomberg.com/news/articles/2025-07-30/figma-ceo-field-s-pay-package-includes-a-2-billion-moon-shot