Facts of Erik Finman
|Full Name||Erik Finman|
|Birth Name||Erik Finman|
|Date of Birth||October 26,1998|
Who Is Erik Finman?
Best known as the Youngest Bitcoin Millionaire, Erik Finman is an American entrepreneur. He is one of the early proponents of the worldwide cryptocurrency Bitcoin and has also given some lectures including a TEDx appearance.
Finman began investing in bitcoins at the age of 12 when the coins were priced at $12 which eventually reached $1,200. His first purchase was 100 bitcoins from the $1000 he got from his grandmother as a college fund. As of 2019, Erick is worth $4.5 million.
How Did Finman Succeed?
From his 100 bitcoins, Erik started selling high and low according to the market in the coming years and reinvesting the bitcoins. The profits were used to finance his first company which cost him around $100,000.
In a similar way, with the $100,000 in his pocket, he launched an online education company called Botangle in early 2014. He used his funds to move his company from Idaho to Silicon Valley where he met Reddit co-founder Alexis Ohanian and the duo became friends.
By the age of 15, Finman was living in Silicon Valley and was busy looking for investors for his educational startup. He eventually found a buyer who offered him $100,000 or 300 bitcoin, obviously, the young entrepreneur chose the 300 bitcoin.
Apart from this, Erik worked as the Managing Director of a company called Teraviks Robotics. He also worked for Sprayable Energy.
While in London, Erick worked as the Global Communities Manager for Smartup. He works as a Robotics Mentor and Marketing consultant for Middle School schoolers at Discovery Technology.
Moreover, Finman also worked on a project with NASA to launch a mini satellite into space with the recordings of regular folks, top artists, and tech leaders. The satellite was expected to launch in November 2017.
Did You Know? Pop-star Taylor Swift gave him a signed copy of her 1989 album in order to support his ambitious Project Da Vinci space project.
The young millionaire aims to open the best university on the planet called The National in Dubai where his family runs an online teaching training under the name “STEM Revolution”
Finman currently holds a total of 446 bitcoins, which makes him worth $4.5 million.
Personal Details Of Erik Finman
Erik Finman was born on 26th October 1998 in Idaho, the United States. He is American as per his nationality and has white ethnic descent.
Finman grew up alongside his brothers Scott and Ross in their hometown Idaho. He dropped out of high school in order to learn how to code and launch the website and was essentially homeschooled.
Fun Fact: Erik made a bet with his parents to let him drop out if he made $1 million by the time he is 18.
Where Does He Live?
Finman resides in San Francisco, New York, and Los Angeles alternatively where he owns apartments.
The median price of an apartment in New York ranges from around $16,000 to $24,000, in San Francisco it is around $3,706, and in Los Angeles, it is around $2,556.
The bitcoin millionaire is seen riding around expensive cars like Audi R8 worth of $169,900 to $182,100.