Meta has announced the appointment of CRED Founder Kunal Shah as the global CEO of WhatsApp as it invests ₹8,500 crore in the fintech startup. Shah's unofficial net worth stands at about ₹15,000 crore, or roughly $2 billion, as per Mashable. This comes as Meta now owns a 20% stake in CRED, valuing the company at $4.5 billion.