{"id":419479,"date":"2023-07-23T01:04:02","date_gmt":"2023-07-23T01:04:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=419479"},"modified":"2023-07-23T01:04:02","modified_gmt":"2023-07-23T01:04:02","slug":"fred-ehrsam-net-worth","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/bitcoin-investors\/fred-ehrsam-net-worth","title":{"rendered":"Fred Ehrsam Net Worth, Crypto and NFT Investments"},"content":{"rendered":"

The net worth of Fred Ehrsam in 2023 is estimated to be $1.5 billion. The billionaire is famous for his strong opposition to the controversial activities of the United States Securities and Exchange Commission in the crypto space. Meanwhile, his net worth is heavily dominated by his stakes in Coinbase and Paradigm.<\/span><\/p>\n

\"Fred<\/p>\n

After working alongside Brian Armstrong<\/a> to establish Coinbase, Ehrsam left in January 2017 shortly before the firm went public. However, he retained a 6% stake which fetched him a significant portion of his wealth. A year after leaving Coinbase, Ehrsam established Paradigm alongside former Sequoia Capital investor Matt Huang. Nevertheless, his effort toward the prosperity of Coinbase earned him a spot on Time magazine’s “30 People Under 30 Changing the World” and Forbes’ “30 Under 30” list.<\/span><\/p>\n

Fred Ehrsam’s Net Worth Since 2021<\/h2>\n
\n\n\n\n\n\n
Year<\/th>\nNet Worth<\/th>\n<\/tr>\n
2021<\/td>\n$1.9 billion<\/td>\n<\/tr>\n
2022<\/td>\n$2.1 billion<\/td>\n<\/tr>\n
2023<\/td>\n$1.5 billion<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

Early Life<\/h2>\n

Frederick “Fred” Ernest Ehrsam was born on May 10, 1988, in Boston. He grew up in Concord, Massachusetts. Ehrsam is an avid video game player. His passion for video games made him pick an interest in World of Warcraft. However, while playing the game, he got exposed to in-game virtual currencies. During this period, he became a semi-professional and played on two championship America’s Army teams. Later, he chose the path of business after discussing various investment opportunities with his father. His father was a Bain consultant with a Harvard M.B.A.<\/span><\/p>\n

However, he enrolled at Duke University in 2006. While at the institution, he was committed to his academics. In 2010, he graduated from Duke University with distinction. There, he bagged a B.S. in computer science with a minor in economics. Thereafter, Ehrsam became a foreign exchange trader at the investment bank Goldman Sachs in New York.<\/span><\/p>\n