Apr 13, 2023
Fed ‘Sweet Spot’ Could Be About To Trigger A $200 Billion Bitcoin Price Boom
Bitcoin and crypto investor Michael Novogratz has said he expects the U.S. Federal Reserve to trigger a $200 billion bitcoin price boom later this year...
PROFILE
Michael Novogratz
$2.5B
$176M (6.53%)
Real Time Net Worth
as of 4/4/25
#1437 in the world todayReflects change since 5 pm ET of prior trading day.
From the Editor
- Mike Novogratz is the founder, CEO and majority shareholder of Galaxy Digital Holdings, a crypto investment firm that trades on the Toronto Stock Exchange.
- He began his career at Goldman Sachs in 1989, where he spent a decade and became a partner while the firm was still privately held.
- Novogratz went on to work at private equity firm Fortress Investment Group, becoming its president.
- He first bought bitcoin in 2013, and has since invested in a range of startups and tokens within the cryptocurrency industry.
- His most notorious failure was betting big on Luna, a token tied to stablecoin TerraUSD, which blew up in 2022. Novogratz had tattooed its logo on his arm.
Wealth History
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Forbes Lists
#1141
Personal Stats
- Age
- 60
- Source of Wealth
- Investments, cryptocurrency, Self Made
- Residence
- New York, New York
- Citizenship
- United States
- Marital Status
- Married
- Children
- 4
- Education
- Bachelor of Arts/Science, Princeton University
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