Todd McKinnon became a billionaire on paper this summer running a company that’s hardly a household name. Mr. McKinnon is chief executive of Okta Inc., a technology company that links various software applications together securely for businesses. Okta is among the most richly valued of a cluster of so-called cloud companies, and its stock has doubled this year (shares are moderately down from their heights earlier this year, making Mr. McKinnon’s stake now worth a mere $800 million).

Source: Wall Street Journal December 14, 2019 05:03 UTC