Immersed in the shimmering world of crypto, Richard Heart is a serial entrepreneur, philanthropist and blockchain expert. He gained recognition through launching multiple businesses and crypto ventures such as HEX and PulseChain. As of 2023, Richard Heart has an estimated net worth of $500 million.
Behind the alias Richard Heart hides Richard James Schueler, a man who grew up in Pittsburgh, Pennsylvania. Born on October 9, 1979, Heart’s childhood was far from ordinary. A precocious child, he learned to read at three years-old.
Richard was taken out of elementary school after two days and was transferred to an institution for accelerated learning. At highschool, Schueler enrolled in a progressive program called Math Education for Gifted Secondary School Students (MEGGS). There, he studied advanced math and programming.
Journey from a Prodigy to a Mogul
The entrepreneurial bug bit Heart at an early age when he launched an at-home car stereo business. This taste of enterprise sparked a wildfire of ventures spanning across diverse industries, from selling newspapers to starting an air-conditioner business and a shopping cart platform.
Once he recognized the potential of the internet, he shifted his attention to running online businesses. He created a mortgage company and marketed it using search engine optimization and pay-per-click campaigns.
It became a massive success, earning $60 million per year, providing Heart with the luxury of an early retirement and a ticket to globetrotting. In 2016, Heart became a YouTuber and used the platform to advertise his 2018 book, sciVive. Currently, Richard has 152,000 YouTube subscribers.
Conceiving HEX and PulseChain
The businessman first 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.
Moreover, his indifference towards Bitcoin’s elusive founder, Satoshi Nakamoto, inspired him to carve out his own niche in the crypto space. He developed his own cryptocurrency HEX in 2019, 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 Revenue Streams
SocialBlade.com estimates Heart’s YouTube ad revenue is around $100 per month. However, his true financial prowess stems from his endeavors in the crypto-verse. Prior to his crypto ventures, Heart amassed a considerable fortune through diverse business ventures.
Even as a significant portion of his earnings finds its way to philanthropic causes, Heart’s net worth stands strong at an impressive $500 million. Despite his wealth, the price of HEX has fallen dramatically over the past year.
An Enigma in Personal Life
Like the black diamond he owns, Richard Heart remains somewhat of an enigma in his personal life. He has kept the details of his personal relationships under wraps. Heart’s current residence remains a mystery, but he is known to possess an enviable luxury car collection. His life, much like the crypto space he thrives in, is full of intrigue and unpredictability.