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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

2

Current price of oil as of August 18, 2026

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Current price of silver as of Tuesday, August 18, 2026
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Exclusive: Crypto venture firm CMT Digital raises $136 million for fourth fund
Exclusive: Crypto venture firm CMT Digital raises $136 million for fourth fund

The Chicago-based company has backed crypto stalwarts like stablecoin giant Circle and blockchain-based lender Figure.

By Ben WeissNovember 5, 2025
A Ferrari race car on a racetrack
Ferrari to release crypto token to let wealthy fans take part in 499P auction
By Carlos GarciaNovember 3, 2025
Michael Saylor on stage at a Bitcoin conference.
Michael Saylor boosts yield, says Strategy is at an ‘inflection point’
By David Pan, Judy Lagrou and BloombergOctober 30, 2025
Three men stand in front a white backdrop.
Exclusive: Startup Hercle raises $10 million to build out stablecoin-based global money transfers
By Carlos GarciaOctober 29, 2025
Crypto founders are getting very rich, very fast—again
Crypto founders are getting very rich, very fast—again
By Jeff John RobertsOctober 30, 2025
A Mastercard credit card peeking out from a pocket.
Exclusive: Mastercard poised to acquire crypto startup Zerohash for nearly $2 billion, sources say
By Ben Weiss and Leo SchwartzOctober 29, 2025
Latest stories from Fortune
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
Newsletters
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
By Jason MaAugust 19, 2026
Top CD rates today, Aug. 19, 2026: Lock in up to up to 4.50%
Personal Finance
Top CD rates today, Aug. 19, 2026: Lock in up to up to 4.50%
By Glen Luke FlanaganAugust 19, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 19, 2026
Personal Finance
Today’s top high-yield savings rates: Up to 4.50% on Aug. 19, 2026
By Glen Luke FlanaganAugust 19, 2026
How the UAE has emerged as a ‘leading light’ for tokenization  
Middle East
How the UAE has emerged as a ‘leading light’ for tokenization  
By Melissa HancockAugust 19, 2026
Coinbase establishes Abu Dhabi tokenization hub  
Newsletters
Coinbase establishes Abu Dhabi tokenization hub  
By Melissa HancockAugust 19, 2026
Photo of Sam Altman
Newsletters
OpenAI hits pause on training in Hugging Face aftermath
By Lily Mae LazarusAugust 19, 2026
A working businessman at a desk
Newsletters
For CEOs, retirement is the ultimate performance review—and 60% are failing it
By Phil WahbaAugust 19, 2026
The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes
Law
The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes
By Tatiana SatauaAugust 19, 2026
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Strategy stock is down 50% since November highs as economic headwinds weigh on Bitcoin
Companies
Strategy stock is down 50% since November highs as economic headwinds weigh on Bitcoin
By Catherine McGrathMarch 11, 2025
  • Vlad Tenev speaks during a Bloomberg interview in 2023.
    Companies
    Robinhood hits record $1 billion in Q4 revenue, boosted by 500% jump in crypto fees
    By Ben WeissFebruary 12, 2025
Crypto.com is suddenly one of the world’s top exchanges. Its competitors can’t figure out how it got there
Companies
Crypto.com is suddenly one of the world’s top exchanges. Its competitors can’t figure out how it got there
By Jeff John RobertsMarch 11, 2025
Exclusive: Former JPMorgan digital asset chief raises $3 million to transform real estate with blockchain technology 
Companies
Exclusive: Former JPMorgan digital asset chief raises $3 million to transform real estate with blockchain technology 
By Catherine McGrathMarch 11, 2025
Sam Bankman-Fried is angling for a pardon from President Trump. Insiders call it a long shot
Companies
Sam Bankman-Fried is angling for a pardon from President Trump. Insiders call it a long shot
By Leo SchwartzMarch 10, 2025
Brian Armstrong speaks at the WEF conference in Davos.
Companies
Coinbase CEO plans to hire 1,000 U.S. workers, saying Trump ‘breathed life back’ into industry
By Ben WeissMarch 10, 2025
Technofascism is here. We have one way out
Companies
Technofascism is here. We have one way out
By Tricia WangMarch 9, 2025
  • David Solomon smiles at the camera during an interview.
    Companies
    Goldman Sachs gobbles up Bitcoin and Ethereum as crypto ETF holdings soar past $2 billion
    By Ben WeissFebruary 12, 2025
Sam Bankman-Fried says Diddy has been ‘kind to me’ in interview with Tucker Carlson
Companies
Sam Bankman-Fried says Diddy has been ‘kind to me’ in interview with Tucker Carlson
By Catherine McGrathMarch 6, 2025
Crypto prime brokerage August raises $10 million in round led by Dragonfly Ventures
Companies
Crypto prime brokerage August raises $10 million in round led by Dragonfly Ventures
By Catherine McGrathMarch 6, 2025
AI crypto company Validation Cloud raises $15 million in Series A led by True Global Ventures
Companies
AI crypto company Validation Cloud raises $15 million in Series A led by True Global Ventures
By Catherine McGrathMarch 6, 2025
Coinbase renews its push for tokenized securities as the Trump administration emboldens the crypto industry
Companies
Coinbase renews its push for tokenized securities as the Trump administration emboldens the crypto industry
By Catherine McGrathMarch 6, 2025
Scott Rogowsky performs onstage in 2018.
Companies
Robinhood taps HQ Trivia host for new contest with $2 million in Bitcoin prizes—and some Doge
By Ben WeissMarch 5, 2025
  • Digital asset custodian Bitgo reportedly weighs IPO as soon as this year
    Companies
    Digital asset custodian Bitgo reportedly weighs IPO as soon as this year
    By Catherine McGrathFebruary 12, 2025
The SEC’s ‘Crypto Mom’ defends decision to drop lawsuits: ‘Our law is not supposed to be a game of gotcha’
Regulators
The SEC’s ‘Crypto Mom’ defends decision to drop lawsuits: ‘Our law is not supposed to be a game of gotcha’
By Leo SchwartzMarch 5, 2025
US President Donald Trump in the Oval Office of the White House
Companies
Trump tariffs could ‘wipe out’ profits for GM, Stellantis, and Ford, says analyst—but Tesla might be safe
By Christiaan HetznerMarch 4, 2025
Alexis Ohanian speaks at a conference in February.
Companies
Reddit cofounder Alexis Ohanian wants to buy TikTok—and add a bold new crypto element
By Ben WeissMarch 4, 2025
Kim Jong Un smiles at the camera as he walks outside.
Regulators
How North Korea cracked Bybit’s crypto safe to steal $1.5 billion in a record heist
By Ben WeissMarch 4, 2025
Market maker Flowdesk secures $102 million in financing round with BlackRock and HV Capital
Companies
Market maker Flowdesk secures $102 million in financing round with BlackRock and HV Capital
By Catherine McGrathMarch 4, 2025
Brian Armstrong speaks at a crypto conference.
Companies
Coinbase’s stock slides nearly 30% as Bitcoin tanks
By Ben WeissFebruary 28, 2025
Exclusive: Former House Financial Services chair Patrick McHenry joins crypto firm Ondo Finance
Companies
Exclusive: Former House Financial Services chair Patrick McHenry joins crypto firm Ondo Finance
By Leo SchwartzFebruary 28, 2025
Spot Bitcoin ETFs experience record outflow, bleeding over $1 billion in one day
The Coins
Spot Bitcoin ETFs experience record outflow, bleeding over $1 billion in one day
By Catherine McGrathFebruary 27, 2025
Sam Bankman-Fried speaks out on X for first time in two years amid potential Trump pardon
NFTs and Culture
Sam Bankman-Fried speaks out on X for first time in two years amid potential Trump pardon
By Catherine McGrathFebruary 25, 2025
Vlad Tenev repsonds to a question during an interview with Bloomberg.
Regulators
Robinhood says SEC has halted probe into its crypto business
By Ben WeissFebruary 24, 2025
Bybit just suffered the biggest attack in crypto history, suffering $1.4 billion in losses
Companies
Bybit just suffered the biggest attack in crypto history, suffering $1.4 billion in losses
By Catherine McGrathFebruary 21, 2025
Brian Armstrong speaks at a 2023 conference.
Regulators
Coinbase says SEC agrees to right ‘major wrong’ and dismiss consequential lawsuit against crypto exchange
By Ben Weiss and Leo SchwartzFebruary 21, 2025
Defunct crypto exchange FTX begins to repay customers—but they’ll only get back a fraction of their crypto holdings
Companies
Defunct crypto exchange FTX begins to repay customers—but they’ll only get back a fraction of their crypto holdings
By Catherine McGrathFebruary 19, 2025
Binance.US is mounting an American comeback and vows to woo back customers
Companies
Binance.US is mounting an American comeback and vows to woo back customers
By Catherine McGrathFebruary 19, 2025
Nissan Motor CEO Makoto Uchida Presents Earnings
Companies
Nissan must first sack its CEO before Honda is reportedly willing to resume takeover talks
By Christiaan HetznerFebruary 18, 2025
Former Binance CEO Changpeng Zhao inspires flood of ‘Broccoli’ memecoins: ‘I am just posting my dog’s picture’
NFTs and Culture
Former Binance CEO Changpeng Zhao inspires flood of ‘Broccoli’ memecoins: ‘I am just posting my dog’s picture’
By Catherine McGrathFebruary 14, 2025
Coinbase posts near-record results, but stock slumps on concern over temporary ‘Trump bump’
Companies
Coinbase posts near-record results, but stock slumps on concern over temporary ‘Trump bump’
By Ben WeissFebruary 14, 2025
Brian Armstrong speaks at a 2024 conference.
Companies
Coinbase rides crypto bull run to $1.3 billion in Q4 profit
By Ben WeissFebruary 13, 2025
Exclusive: Stablecoin company Plasma raises $24 million from Framework Ventures to launch its own blockchain
Companies
Exclusive: Stablecoin company Plasma raises $24 million from Framework Ventures to launch its own blockchain
By Catherine McGrathFebruary 13, 2025
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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't deadplaceholder alt text
By Orianna Rosa RoyleAugust 18, 2026
Personal Finance
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By Joseph HostetlerAugust 18, 2026
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