Rank #1576
Fred Ehrsam
Net worth $2.7B
cryptocurrency exchange · United States
- Born
- May 10, 1988
- Age
- 38
- Source
- cryptocurrency exchange
- Residence
- San Francisco, California
- Citizenship
- United States
- Marital status
- Children
- 0
- Education
- Bachelor of Science, Duke Univeristy
Net worth over time
Biography
- Fred Ehrsam founded cryptocurrency exchange Coinbase in 2012 with Brian Armstrong. It has since grown into the largest U.S. crypto brokerage.
- Ehrsam left the company in 2017 but remains on the board and still owns about 4% of its stock; Coinbase went public in 2021.
- In 2018, he cofounded Paradigm, a cryptocurrency investment firm with more than $8 billion in assets.
- Ehrsam graduated from Duke and worked as a foreign exchange trader at Goldman Sachs for two years before starting Coinbase.
- Growing up, he played thousands of hours of World of Warcraft, where he first learned about the concept of in-game digital currencies.
Financial assets
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