Charlie Shrem is an American Entrepreneur and Bitcoin Advocate. He was born and raised in Brooklyn, New York. Every person dreams of living and working in Brooklyn because it is a beautiful city. Charlie Shrem was lucky because he was born and raised in a beautiful city. He was born to a Jewish Family. That’s why he became an alum of Yeshivah of Flatbush. Yeshivah of Flatbush is a Modern Orthodox Private Jewish School in Brooklyn, New York. We’ll discuss Charlie Stem’s education afterward. Let’s start discussing his Biography, Net Worth, Wife, and every other information about this guy. This article covers everything about Charlie Shrem. Please read this article entirely if you are Charlie Shrem’s fan. We’ll discuss everything about him.
| Name | Charlie Shrem |
| Gender | Male |
| Date of Birth | November 25, 1989 |
| Age | 34 Years (As of 2024) |
| Birth Place | Brooklyn, New York, USA |
| Nationality | American |
| Height | 1.6M |
| Weight | 74 KG |
| Marital Status | Married |
| Spouse | Courtney Warner |
| Children | N/A |
| Hair Color | Black |
| Zodiac Sign | Sagittarius |
We’ve shared some informative things about this guy, but his Net Worth remains. Let us mention Charlie Shrem’s Net Worth.
Charlie Shrem Net Worth
| Net Worth | $40 Million (As of 2024) |
| Profession | Entrepreneur |
People who are Charlie Shrem’s fans must work hard day and night to reach this number. $40 Million is enormous, but Charlie Shrem has made it possible. Why can’t you? That’s the question. We’ve mentioned Charlie Shrem’s Biography and Net Worth, but his Career and Early Life remain. Let us tell you how this guy achieved $40 Million Net Worth and what highs and lows he faced while working hard to make his career. We’ll start the further explanation with this man’s early life.
Early Life
Charlie Shrem was born to a Jewish Family. He completed his High School studies in Yeshivah of Flatbush. He completed his graduation from Brooklyn College in 2012 with a Bachelor of Science in Economics and Finance. Every Finance Major is prepared to Analyze Real Estate Transactions, Manage Investments, Manage Risk, and Obtain Capital. Charlie Shrem was good at studies. He learned some finance tips during his graduation, and one day, his degree helped him because the business ventures he took part in required a reasonable knowledge of finance. Charlie Shrem was a finance expert. Therefore, he managed to work well in the business ventures he took part in. We’ll provide detailed information on Charlie Shrem’s Career.
Career
Charlie Shrem’s Net Worth is $40 Million. Is it easy to reach this number? I know it is difficult, but it isn’t impossible. Charlie Shrem’s $40 Million Net Worth journey contains full lows and highs. He is an American Entrepreneur, but reaching this stage took decades. We’ll mention Charlie Shrem’s Career journey with you. He started working on different projects to earn money in 2009. Let us tell you about his complete career journey.
Epiphany Design and Production Company (2009)
Charlie Shrem’s first business was starting a company that fixed computers and printers. He made this company in 2009 and was only 20 years old. Starting this business was good for him because people were unaware of the online field in 2009. The competition was low, and Charlie Shrem benefited from this. He established his company and named Epiphany Design and Production. This company was the first ladder in his Entrepreneurship journey. He did well and started this company and earned money through this.
Daily Checkout (2009)
Charlie Shrem started another startup in 2009. Its name was Daily Checkout. This startup was also started in 2009, and the boy was in Brooklyn College. The purpose of launching this startup was to give daily deals and sell refurbished used goods. It was a small website in 2009, but Charlie Shrem continued to work hard to improve this startup’s potential as much as possible. Gladly, his efforts paid off, and he was able to sell this startup to another famous company, Blueswitch. Blueswitch is also a big company based in New York. It provides different services related to Information Technology. They purchased Charlie Shrem’s startup, and no numbers of any deals were given.
BitInstant (2011)
Charlie Shrem started investing in Bitcoin in 2011. He purchased many Bitcoins because this cryptocurrency wasn’t expensive in 2011. Everything was going well, but the website Charlie Shrem was using to buy and store Bitcoins crashed, and he lost all of his Bitcoins in one day. This was a major setback for this guy, but this didn’t stop him. Everyone who works hard to make something big happen also faces setbacks. This guy also faced his first setback in 2011 when all his Bitcoins were lost. Charlie Shrem continued his work after losing his money.
He had a friend named Gareth Nelson. They communicated with each other through the Internet. That guy, Gareth Nelson, also lost his money like Charlie Shrem did. Therefore, they both decided to start another startup named BitInstant. Charlie Shrem was the CEO and Founder of BitInstant, and he started this company with his friend in 2011. Every startup needs investment to grow. Charlie Shrem knew this because it was his 3rd business journey. Experience is what matters when you are starting any business.
Charlie Shrem started BitInstant and provided users with a platform where a user was charged a fee to make purchases with Bitcoins at over 700,000 locations. BitInstant was a Bitcoin Exchange like Binance and some others. Charlie Shrem and Gareth Nelson started this project in 2011. BitInstant attracted many users because this was a very user-friendly platform for making purchases. Charlie Shrem needed this company to grow because his previous money was lost. Therefore, he decided to take a loan from his mother. His mother gave him a $10,000 loan, and Charlie Shrem invested all that money in BitInstant. Fortunately, this startup started to grow as expected, and BitInstant received $125,000 from Angel Investor Roger Ver. Roger Ver was also an investor who invested money in cryptocurrencies, and he gave $125,000 to Charlie Shrem’s startup, which started to grow.
In 2012, BitInstant was going to get another big investment. This time, Winklevoss Capital Management invested $1.5 Million in BitInstant. This enormous amount of money supported BitInstant, which is when this company started to grow. In 2013, BitInstant successfully processed 30% of all Bitcoin Transactions. That made this startup successful, and a tremendous amount of money was added to Charlie Shrem’s Net Worth, but there was one more problem waiting for Charlie Shrem. Charlie Shrem was arrested in 2014 because the customers filed a case against this exchange. We’ll talk about this while mentioning his arrest scene.
Bitcoin Foundation (2012)
Charlie Shrem worked on BitInstant as the CEO and Founder, but he was also a Vice Chairman of the Bitcoin Foundation, which was started in 2012. Bitcoin Foundation is an American Organization headquartered in Washington DC, USA. This company was formed to earn the lost reputation because Bitcoins had many scandals and other issues. People lost lots of money in Bitcoins, and the Bitcoin Foundation was built to motivate people to invest in Bitcoin. Charlie Shrem was the Vice Chairman of this foundation but resigned on January 26, 2014. He was arrested on different charges and had to leave as the Vice Chairman of this company. Being a Vice Chairman of the Bitcoin Foundation didn’t improve his Net Worth because he had to resign after just 2 years.
Payza (2014)
Payza was an online and mobile payment service that was used to do transactions in money and cryptocurrency. Charlie Shrem was released from house arrest in 2014. He used to attend events of cryptocurrencies. That’s when the Payza company decided to take suggestions from this guy. Charlie Shrem served as a Business Development Consultant for Payza. His work experience was good. That’s why Payza chose to take Charlie Shrem’s suggestions. Working with Payza also made this guy return on track. That was his 1st job after completing the house arrest.
Intellisys Capital (2016)
Charlie Shrem announced another new business in 2016, Intellisys Capital. Intellisys Capital was a private equity firm in Grand Rapids, Michigan, USA. This firm’s work was to invest its money in companies operating in the Blockchain and Real Estate Sectors. Charlie Shrem got the opportunity to work as a Chief Technology Officer of Intellisys Capital. This company’s CEO was Jason Granger, and Charlie Shrem served in this company as a Chief Technology Officer. Unfortunately, this startup also failed, and its owner discontinued it. Working as a Chief Technology Officer for Charlie Shrem was fine, but the company couldn’t sustain longer. This was another failed project of Charlie Shrem, but he didn’t give up. He continued his journey and joined another company in 2017.
Jaxx (2017)
In March 2017, Charlie Shrem joined Jaxx as its Director of Business and Community Development. Jaxx is a platform used to control digital assets. Charlie Shrem joined Jaxx and was appointed Director of Business and Community Development. Later, he served as a Chief Operating Officer because of his outstanding working experience. Everyone loves working with experienced people, and Charlie Shrem was one of them. He joined this company and earned a bigger position after a few months.
CryptoIQ (2018)
Charlie Shrem is the founder of CryptoIQ. He now works to bring cryptocurrencies into the mainstream. Charlie Shrem has years of experience in this crypto industry. His best skill is understanding the market condition and delivering the best performance in hot and cold markets. That’s why he wants cryptocurrency everywhere. In 2018, he also announced a partnership with Internet Operating System Friends as an Advisor. He is currently working there. Charlie Shrem has seen many highs and lows, but he never gives up. That’s why he reached this number. Charlie Shrem’s Net Worth is $40 Million, and that’s his entire story. He has seen many ups and downs but continued to work hard. That’s the lesson we get from Charlie Shrem. Work hard until you win. His failed business ventures were also bad, and he was imprisoned for 2 years. Let us tell you how this happened. We’ve discussed the business ventures of this guy, but why was he imprisoned?
Legal Issues
Charlie Shrem was arrested at JFK Airport. Charlie Shrem and Robert Faiella were alleged to have laundered a $1 Million value of Bitcoins to help users purchase illegal things from the Silk Road marketplace. Silk Road was an online black market that the FBI seized in 2013 because it was a hidden service whose connections matched the Dark Web. Bitcoin was used to purchase illegal things from Silk Road, which was why Charlie Shrem was arrested. He was also charged with other charges but paid a fine to be released from prison.
Charlie Shrem Wife
Charlie Shrem was married to Courtney Shrem. His wife stood with him when he was in a difficult situation. That made this guy stand with her. They moved to a new location when Charlie Shrem’s cases were dismissed. Hence, the location decided was Sarasota, Florida. In 2017, they both moved to Sarasota, Florida. Sarasota is a city located in Southwest Florida. The population of this city is also low and people who don’t want any crowded environment prefer living there because of the calm atmosphere. Charlie Shrem and Courtney Shrem live there, and this guy is still working hard to add more numbers to his Net Worth. It’s 2023, and 2024 is about to start. Let’s see how many numbers Charlie Shrem adds to his Net Worth. He is currently 33 years old, and he is quite young. We’ll inform you about this guy after getting any updates.
Charlie Shrem's Social Profiles
Charlie Shrem is a Bitcoin Pioneer. He has a good fan following on different social media platforms. Please follow him if you want to know about his current life. Here are the social media platforms where you will find this guy.
| Twitter Profile (253K Followers) | |
| Instagram Profile (24K Followers) | |
| LinkedIn Profile (9K Followers) |
Charlie Shrem is active on these platforms. Please follow him to get updates about his life. I think we have mentioned everything about him. Was our article helpful? Have you liked our research on Charlie Shrem? Let us know about it in our website’s comments section.
Conclusion
That was Charlie Shrem’s Biography and Net Worth. We have mentioned everything about this guy. This guy achieved a $40 Million Net Worth, and we revealed his hard story. That’s all for now. If you have more questions about this guy, comment in our website’s comments section. We’ll answer your questions as keeping updated about different celebrities to our website users is our duty. There are many other Cryptocurrency Investors, and we’ll share their Biography and Net Worth in the upcoming days. Therefore, please keep visiting our website to learn your favorite celebrity’s Biography and Net Worth.