Billionaire Dai to Get $237 Million Payday in Qualcomm Deal (1)

Weili Dai has built a career helping turn tech startup after tech startup into successful ventures. The serial entrepreneur is now poised to pocket a windfall from one of them: $237 million from the pending sale of Alphawave IP Group Plc to Qualcomm Inc.

Dai holds a 96.3 million-share stake in the London-listed semiconductor firm, making her its second-largest shareholder. Qualcomm agreed earlier this month to buy Alphawave for about $2.4 billion in cash, in a deal expected to close in the first quarter of next year.

Weili Dai

Source: MeetKai

This latest payday will bring the 63-year-old’s estimated fortune to at least ...