Brian Armstrong net worth
Current Net Worth – $9.4 Billion (USD – 940 Crores), (Rupees – 69.6 Thousand Crores)
Brian Armstrong short biography
| Net Worth | $9.4 Billion |
|---|---|
| Born | January 25, 1983 (Age – 38) |
| Identified as | American Businessman |
| Status | CEO of Coinbase |
| Education | Rice University, BA economics/computer science (2005), Rice University, MA computer science (2006) |
| Nationality | American |
| Residence | San Francisco, California |
| Spousal status | N/A |
| Children | N/A |
Brian Armstrong has a net worth of $9.4 Billion (Rupees – 69,645 Crores), making him one of the richest businessmen in the world.
Brian Armstrong, the CEO of cryptocurrency platform Coinbase, is a rich American business leader and investor.
On April 14, 2021, Coinbase went public through a direct offering on Nasdaq, temporarily surpassing a market capitalization of $100 billion.
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Brian Armstrong biography
| Full Name | Brian Armstrong |
| Birthplace | San Jose, California, U.S. |
| Height | 5,9 feet, 175 cm |
| Weight | 80 Kg |
| Father | N/A |
| Mother | N/A |
Armstrong was born near San Jose, California, on January 25, 1983, to parents who were both engineers.
Armstrong holds a 19 percent interest in Coinbase, which made $322 million in profit on $1.3 billion in revenue in 2020.
He founded firm pairing tutors to students while at Rice, and after graduation, he worked for an education organization in Buenos Aires for a year.
He witnessed personally the consequences of hyperinflation in Argentina at the time while in Buenos Aires.
Brian Armstrong social media handles:
That’s true! We also used this format which was great to cut through all the BS and face reality https://t.co/2T7tE6OB69
It was embarrassing but super motivating to write “we are default dead” to all our investors https://t.co/NLN7lCEbUs— Brian Armstrong (@brian_armstrong) January 13, 2022
Education
He got a dual bachelor’s degree in economics and computer science from Rice University in Texas in 2005, followed by a master’s degree in computer science in 2006.
Career
Armstrong began his career as a developer for IBM and a consultant for Deloitte.
He stumbled discovered the Bitcoin white paper written under the pseudonym Satoshi Nakamoto in 2010.
He joined Airbnb as a software developer in 2011 and gained experience with payment systems in the 190 countries where the company operated at the time.
He witnessed the problems of sending money to South America while working at Airbnb.
He started writing Ruby and JavaScript programs to buy and store crypto coins on weekends and evenings.
He got a $150,000 investment from the Y Combinator business incubator in 2012, which he utilized to finance Coinbase.
Coinbase
Coinbase was launched in 2012 by Armstrong and Fred Ehrsam as a means for cryptocurrency enthusiasts to exchange bitcoins and other digital currencies.
Armstrong was the company’s first CEO.
The firm was valued at $8.1 billion in a 2018 investment round, and in December 2020, it filed with the SEC to go public through a direct listing.
Coinbase’s market valuation increased to $85 billion after a direct listing in April 2021, while Armstrong’s personal net worth surpassed $10 billion.
Private & early life
There is not so much information available on the web about the private life of Brian Armstrong.
We will update the empty section very soon.
Philanthropy
Armstrong was the first cryptocurrency boss to join the Giving Pledge in 2018, promising to donate the majority of his money to charitable causes.
He also founded GiveCrypto.org, a humanitarian organization that allows anyone can make public or anonymous gifts to aid those who are poor.
Net worth statistics
- March 2019 – $1.3B
- April 2020 – $1B
- April 2021 – $6.5B
- October 2021 – $11.5B
