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Coinbase CEO Brian Armstrong owns close to $14 billion of company stock ahead of market debut



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Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018.Steve Jennings | Getty Images for TechCrunchWhen Coinbase hits the public market in the coming weeks, CEO Brian Armstrong is poised to rank among the wealthiest people in tech.Armstrong, who co-founded the cryptocurrency exchange in 2012 after working for a year at Airbnb, owns 39.6 million Coinbase shares, between his Class A and Class B holdings. His stake is worth $13.6 billion, based on an average private market share price this year of $343.58, according to the company’s updated prospectus. Unlike most tech founders, Armstrong will be able to sell shares right away …

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