Mostly known for founding the cryptocurrency HEX and PulseChain, Richard Heart is a serial entrepreneur, philanthropist and blockchain expert. He gained recognition through launching multiple successful businesses, both online and offline. As of 2023, Richard Heart has an estimated net worth of $500 million.
Richard Heart is only an alias, his real name is Richard James Schueler. He was born on October 9, 1979 and grew up in Pittsburgh, Pennsylvania. Heart exhibited evidence of being a brilliant child from an early age.
He learned to read at the age of three. He was taken out of his elementary school after two days and was transferred to a gifted institution for accelerated learning.
When he got to middle school, Schueler enrolled in a progressive program called Math Education for Gifted Secondary School Students (MEGGS). There, he studied advanced math and programming.
Heart started working as a kid when he founded an at-home vehicle stereo startup. He explored other business endeavors as he grew older. He became a newspaper salesman and launched a small air-conditioner business and a shopping cart platform.
He saw the merit in internet businesses, so he focused more effort on them. He created a mortgage company and marketed it through search engine optimization and pay-per-click campaigns.
It became a massive success, earning $60 million a year, so Richard retired early to travel the world. In 2016, he decided to become a finance and lifestyle YouTuber. He used his platform to advertise his 2018 book, sciVive. He currently has 137,000 YouTube subscribers.
The businessman discovered Bitcoin on Reddit when it was trading at $1. He liked the concept of decentralization, but he felt that as time went by, Bitcoin was veering away from its original purpose.
Plus, he wasn’t into Satoshi Nakamoto, Bitcoin’s founder. So, he decided to develop a cryptocurrency of his own. In 2019, he launched HEX, the first high-yield blockchain certificate of deposit.
Later that year, he founded another crypto, PulseChain, which helped him raise money for medical research. Heart also used his wealth from crypto to buy “The Enigma“, a rare black carat diamond considered to be the world’s largest. He renamed it to HEX.com diamond.
Net Worth and Earnings
According to SocialBlade.com, Richard Heart earns between $1,100 to $17,500 annually from YouTube ad revenue. However, it’s safe to say that content creation is not his primary income stream. That would be his crypto endeavors.
Before this, he had already built up substantial wealth from multiple businesses. Now, he works as a tech entrepreneur and is also a published author. Even though he gives some of his money to philanthropy, his net worth is still valued at $500 million.
The HEX founder hasn’t shared anything about his personal life. He hasn’t confirmed whether he is single or with someone. It is not known where he resides, but he has shared that he owns a luxury car collection.