Charles Hoskinson is an American software developer, crypto entrepreneur and philanthropist. He is the CEO of IOHK which created Cardano. Hoskinson is also a co-founder of Ethereum which is the second most valuable cryptocurrency. He is a born leader and a visionary. He dreams of creating a sustainable blockchain that will serve as an operating financial system for the global economy.
Charles Hoskinson was born in Hawaii on November 5, 1987. Coming from a family of medical doctors, Hoskinson aspired to be a surgeon back in his younger years until he developed his fascination with computers. His elective home education allowed him to spend hours on a computer to develop his technical skills, Hoskinson grew up as a regular kid but was destined for greatness. He steered clear from his family’s career path and pursued his passion by studying Advanced Mathematics and Number Theory at The University of Denver in Colorado.
Current Net Worth
Cryptocurrency is a highly volatile market and while no one knows for certain how much Bitcoin or ADA Charles Hoskinson owns, his net worth is still in proximity to Binance CEO Changpeng Zhao as well as his ex-colleague Vitalik Buterin. Charles Hoskinson’s net worth is $550 million as of 2022. He reached billionaire status twice in 2017 and 2021 but his fortune fell when the crypto market dropped.
Joining the Crypto Industry
Hoskinson joined the crypto industry back in 2011 and was initially investing in Bitcoins. The resilience of Bitcoin impressed Hoskinson so much that it inspired him to open an online class for free to educate people about cryptocurrency. Hoskinson’s classes were attended by over 17,000 students and in just a matter of weeks, he became an ultimate Bitcoin sensation.
In 2014, Hoskinson partnered with Dan Larimer and they launched BitShares Blockchain which is a pioneer in decentralized bitcoin exchanges. After Hoskinson and Larimer parted ways, the former then teamed up with Vitalik Buterin and six other members to launch the concept of Ethereum. The launch was a phenomenal success and Ethereum became one of the leading cryptocurrencies up to this day.
Hoskinson wanted Ethereum to be a profit corporation while the other co-founders prefer it to be non-profit. Due to conflicting business strategies, Hoskinson left Ethereum in 2015 and gave away his 293 thousand Ether to his secretary as a gift. Today, the 293 thousand Ether is now worth a whopping half a billion US dollars.
With the help of Jeremy Wood, Hoskinson started IOHK which developed Cardano (ADA), and was given complete freedom to execute his vision. Cardano is a game-changer that can facilitate peer-to-peer transactions with its native currency, ADA. It was labeled as a ghost chain in 2015 but with the company’s ongoing research programs, this blockchain infrastructure is on the rise. Some think Cardano could even overtake Ethereum’s market cap.
Despite his prominent status, details about his personal life are not in the public eye. He is a very private person and it is unknown whether he is single or in a relationship. However, there is speculation that he could be dating Maria Jones.
— MARIA JONES ® (@mariajonesblog) November 4, 2018