ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NET WORTH

Brian Armstrong Stands His Ground as Other Crypto Executives Face Trouble; Here's His Net Worth

Armstrong and Coinbase were the main subject of the documentary "COIN: A Founder's Story."
PUBLISHED DEC 6, 2023
Cover Image Source: Brian Armstrong | Wiki Media Commons
Cover Image Source: Brian Armstrong | Wiki Media Commons
Name Brian Armstrong
Net  Worth $6.2 Billion
Salary $1 Million +
Source of Income Business
Date of Birth Jan 25, 1983 
Age 40 Years
Gender Male
Profession Entrepreneur
Nationality American

Being hailed as the last man standing in the crypto ecosystem after the fall of Sam Bankman-Fried and fresh trouble for Changpeng Zhao, Coinbase CEO Brian Armstrong has held on to a net worth of $6.2 billion as of December 2023, even in volatile times. Apart from his stability in a turbulent crypto landscape, he found himself in the limelight for encouraging the idea of avoiding political activism in the workplace.

Image Source: Wiki Media Commons
Image Source: Wiki Media Commons

In 2011, Armstrong joined Airbnb, where he worked on global payment processing systems for a year. It was during this time that he encountered the original Bitcoin whitepaper, inspiring him to envision a more accessible method for buying and selling digital currencies.

In 2012, with $150,000 in startup capital from Y Combinator, he co-founded Coinbase with Fred Ehrsam. The company aimed to provide an easier way for enthusiasts to trade various cryptocurrencies. Through strategic funding rounds, Coinbase's valuation skyrocketed, reaching $8.1 billion in 2018.



 

At Coinbase's public debut in April 2021, the IPO valued the company at $100 billion, making Armstrong's net worth around $20 billion. However, subsequent market fluctuations saw his wealth dip to $13 billion but it later bounced back to the current level of $3.4 billion.

As the CEO of Coinbase, he earns a base salary of $1 million. Besides that, he owns 20% of the company, equivalent to approximately 39.6 million shares. Armstrong also signed The Giving Pledge in 2018 and founded GiveCrypto.org, a platform facilitating crypto donations to charitable causes. He has also explored scientific research with ResearchHub and co-founded NewLimit, focusing on increasing human health span through epigenetic reprogramming.

Instagram 4522 Followers
Twitter 1.2 Million Followers


 

Armstrong was born on Jan 25, 1983, in San Jose, California. He studied at Rice University in Texas, where he earned a Bachelor's degree in computer science and economics, and completed a master's program in 2006. After that, he initially found work at IBM as a developer and then at Deloitte as a consultant.

In 2014, he appeared in the American documentary "The Rise and Rise of Bitcoin." He is also featured in the 2020 nonfiction book "Kings of Crypto: One Startup's Quest to Take Cryptocurrency Out of Silicon Valley and Onto Wall Street."

Image Source: Wiki Media Commons
Brian Armstrong | Wiki Media Commons

Fortune's 40 under 40 list (2017)

Named to Time magazine's 100 Next list (2019)

Forbes Crypto Rich List (2021)

Forbes 400 Richest People in America (2021)

What is Brian Armstrong's net worth?

As of 2023, Brian Armstrong's net worth is around $6.2 billion as of December 2023.

What is Brian Armstrong known for?

Brian Armstrong is known for co-founding Coinbase, the largest cryptocurrency trading platform in the United States.

MORE ON MARKET REALIST
The legendary lead vocalist of the celebrated rock band U2 has built a vast empire and is now the second richest rockstar on the planet.
2 days ago
Trump's impressive car collection includes McLaren Mercedes SLR, Rolls-Royce, and even an exclusive Cadillac.
Sep 27, 2024
The nursing student from Georgia found his trading account balance rise to a whopping $1,309,245,148,628.7
Sep 26, 2024
Nicholas Puech, who owned a 5.7% stake in the luxury brand, has claimed he has nothing left in bank.
Sep 25, 2024
Is it surprising that the billionaire isn't a frequent shopper at the grocery store?
Aug 31, 2024
The pay gap led to her passing over the role and it ultimately went to a newcomer.
Aug 20, 2024
American businessman Charles Francis Feeney was called the "James Bond of Philanthropy" by Forbes.
Aug 14, 2024
Swift's partner Travis Kelce is estimated to be worth $70 million and the cat is richer than him
Aug 5, 2024
He spent his teenage years earning just $1 per hour by offering tourist tours
May 14, 2024
The rapper earns primarily from album and mixtape sales, endorsements, concerts, tours, live performances, and shows.
May 3, 2024
From real estate mavens and fashion PR queens to content creators and resilient entrepreneurs, these women bring a diverse range of experiences to RHONY.
Apr 27, 2024
For two years, soaring inflation eroded most workers' wage gains but recent data from the Bureau of Labor Statistics suggests that the tide is turning.
Apr 7, 2024
From global show to international tours, delve into the singing maestro Taylor Henderson's net worth
Apr 7, 2024
Today, many artists don't limit themselves to one art form but expand by launching their fashion lines or tieing up with charitable organizations
Mar 24, 2024
Take a look at how the financial maestro Carlos Slim Helubuild himself and his generations a legacy
Mar 24, 2024
These changes represent significant adjustments to the program, impacting millions of recipients across the United States.
Mar 16, 2024
Corporate brands usually rely on popular software to smooth operations but major software malfunctions have also spelled disaster for companies and consumers.
Mar 10, 2024
The scammers went to great lengths to make their scheme convincing, even going as far as creating a fake SpaceX YouTube channel with 180,000 subscribers
Mar 10, 2024
Leveraging technology to take on small jobs and tasks can help you earn extra cash quickly.
Mar 5, 2024