{"id":77662,"date":"2021-03-24T01:16:20","date_gmt":"2021-03-24T05:16:20","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77662"},"modified":"2021-03-24T00:54:55","modified_gmt":"2021-03-24T04:54:55","slug":"coinbase-ceo-brian-armstrong-owns-close-to-14-billion-of-company-stock-ahead-of-market-debut","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/03\/2021\/coinbase-ceo-brian-armstrong-owns-close-to-14-billion-of-company-stock-ahead-of-market-debut.html","title":{"rendered":"Coinbase CEO Brian Armstrong owns close to $14 billion of company stock ahead of market debut"},"content":{"rendered":"\n<p>(CNBC) When Coinbase hits the public market in the coming weeks, CEO Brian Armstrong is poised to rank among the wealthiest people in tech. Armstrong, who co-founded the cryptocurrency exchange in 2012 after working for a year at <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/ABNB\" target=\"_blank\">Airbnb<\/a>, owns 39.6 million Coinbase shares, between his Class A and Class B holdings. His stake is worth $13.6 billion, based on an average private market share price this year of $343.58, according to the company\u2019s <a rel=\"noreferrer noopener\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1679788\/000162828021005373\/coinbaseglobalincs-1a2.htm#i86a9d9b35e45447ea6eb369e5dcf1e6a_55\" target=\"_blank\">updated prospectus.<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/03\/23\/coinbase-ceo-armstrong-owns-close-to-14-billion-of-stock-before-debut.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) When Coinbase hits the public market in the coming weeks, CEO Brian Armstrong is poised to rank among the wealthiest people in tech. Armstrong, who co-founded the cryptocurrency exchange in 2012 after working for a year at Airbnb, owns [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77662","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77662"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77662\/revisions"}],"predecessor-version":[{"id":77663,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77662\/revisions\/77663"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}