Coinbase CEO Buys $133M Property in Los Angeles
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Coinbase CEO Buys $133M Property in Los Angeles

9 месяцев назад

With a net worth of about $10.3 billion at the time of writing, you could argue that such an acquisition is loose change to Brian Armstrong.

Coinbase CEO Buys $133M Property in Los Angeles
The CEO of Coinbase has snapped up a $133 million home in Los Angeles, according to The Wall Street Journal.

Brian Armstrong's new Bel Air pad boasts 4.6 acres of land, a 19,000 sq ft mansion, five bedrooms, a separate guesthouse, and a spa.

This is believed to be one of the priciest deals for a single-family home ever in the area — and it also means the previous owner is making a decent profit.

The property was sold by a Japanese entrepreneur who had snapped it up for a mere $85 million in 2018.
With a net worth of about $10.3 billion at the time of writing, you could argue that such an acquisition is loose change to Armstrong.

He was an early adopter of Bitcoin — and launched Coinbase back in 2012, a stark contrast from his previous life as an Airbnb software engineer.

The trading platform went public back in April 2021, and Armstrong continues to have a 19% stake in the company.
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