David Katzman Net Worth

SmileDirectClub: David’s son Jordan Katzman is the co-founder of at-home teeth straightening company SmileDirectClub. They founded the company using seed money from David. In October 2018, SmileDirectClub raised capital at a $3.2 billion valuation. When the company announced its plans to go public in September 2019, its securities filings revealed a planned valuation that will give Jordan a paper net worth of $1.4 billion. Jordan’s co-founder Alex Fenkell’s projected net worth was listed at $1.3 billion. David Katzman, the largest shareholder, would be left with a $1.8 billion stake. SmileDirectClub IPO’d on September 13, 2019. It ended the day with a market cap of $12.5 billion. David’s 76 million shares were worth $1.4 billion at the end of the first day of trading.