Barry Silbert
Barry Silbert | |
|---|---|
| Born | 1976 (age 47–48) |
| Education | Goizueta Business School |
| Occupation | Entrepreneur |
| Known for | Early investor in Bitcoin |
| Spouse | Lori Silbert |
Barry Silbert is an American entrepreneur and investor who is the CEO of the Digital Currency Group.[1][2][3] As of 2022, he was estimated to have a net worth of $3.2 billion.[4] In 2023 he was accused of exploiting the bankruptcy laws to take funds for himself after the crypto company he controlled went bankrupt.[5]
Early years and education
[edit]Silbert was born Gaithersburg, Maryland and was reported to have earned his first $1,000 by selling baseball cards to students at his high school. At 17, he passed the series 7 stockbroker exam. In 1998, he graduated from the Goizueta Business School at Emory University, receiving a bachelor's degree in finance.
Career
[edit]In 2004, Silbert founded SecondMarket, an online marketplace for shares in private technology companies. It was valued at $200 million in 2011.[6] It was acquired by Nasdaq in 2015.[7]
In October 2015, Silbert founded Digital Currency Group.[8]
In November 2024, Silbert announced that he was launching Yuma, a decentralized artificial intelligence company.[9]
References
[edit]- ^ Roush, Ty. "Crypto Exec Barry Silbert's Firm Wants New York's $3 Billion Genesis Fraud Suit Tossed Out—Calling It 'Baseless'". Forbes.
- ^ Zuckerman, Gregory; Huang, Vicky Ge; Ostroff, Caitlin (2023-01-17). "A Crypto Magnate Saw the Risks and Still Was Hammered". Wall Street Journal. ISSN 0099-9660. Retrieved 2024-12-13.
- ^ Dugan, Kevin T. (May 20, 2024). "The Crypto World Has a New Villain". Intelligencer.
- ^ "Barry Silbert". Forbes.
- ^ "Barry Silbert Could Pocket $1 Billion in Personal Gains by Exploiting Bankruptcy System: Report". Crypto News. March 27, 2024.
- ^ Ante, Spencer E. "SecondMarket Gets Its Own Funding".
- ^ Hope, Tess Stynes and Bradley. "Nasdaq Acquires SecondMarket, Profit Rises 12%".
- ^ Vigna, Paul. "Bitcoin-Focused Investment Firm Brings On Western Union, Lawrence Summers".
- ^ Huang, Vicky Ge. "The Crypto Magnate Barry Silbert Pins His Comeback on AI".