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What Venture Global’s IPO means for its founders' net worth — and for the company

Analysts say outlook is good after uneven trading start; leaders Sabel and Pender see windfall from stock listing

Venture Global co-founder Bob Pender, (left) and co-founder and chief executive Mike Sabel (centre) celebrate after ringing the opening bell at the New York Stock Exchange during morning trading on 24 January 24.
Venture Global co-founder Bob Pender, (left) and co-founder and chief executive Mike Sabel (centre) celebrate after ringing the opening bell at the New York Stock Exchange during morning trading on 24 January 24.Photo: AFP/SCANPIX
North America Energy CorrespondentBaton Rouge
Published 29 January 2025, 12:40Updated 29 January 2025, 16:32
Venture GlobalMike SabelNew York Stock ExchangeCalcasieu PassUnited States