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Coinbase CEO Armstrong’s Net Worth Is Between $7B and $15B: Report

The Coinbase CEO is among the world’s 500 richest people, according to Bloomberg.

Updated Sep 14, 2021, 12:18 p.m. Published Feb 27, 2021, 3:25 p.m.
Brian Armstrong speaks at Consensus 2019.

Coinbase CEO Brian Armstrong’s net worth is between $7 billion and $15 billion based on recent private share sales that valued the cryptocurrency exchange at as much as $100 billion, according to a Bloomberg report Friday.

Read more: Coinbase Is Going Public: Everything You Need to Know

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Strategy aim to reduce volatility, enable consistent bitcoin buying, and create the only bi-monthly paying preferred shares in the market.

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  • Semi-monthly payouts are expected to reduce the typical post-ex-dividend price drop, lower volatility, and help keep STRC trading closer to its $100 par value.
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