Coinbase CEO Brian Armstrong, Once A Modest Man Of Means, Buys $133 Million Bel-Air Home
– vlog by Zennie62 YouTube. OaklandNewsNow.com is the original blog post for this content.
Coinbase CEO Brian Armstrong, Once A Modest Man Of Means, Buys $133 Million Bel-Air Home
It was the Summer of 2013, a Wednesday, when I went to a fund-raising party for Bryan Parker, a friend of mine who was running for Mayor of Oakland. The event was held at the Mars Bar in San Francisco, one of my favorite places to go, and kind of an unofficial after-work playground for tech workers in the South of Market. The party was such that I didn’t know many people other than Bryan, and so the host of the event saw that I and another person there were in the same boat, and introduced us. His name was Bryan Armstrong.
As it happened, Brian and I had two things in common: some acquaintance with Reddit CEO Steve Huffman and a more than passing involvement in startup companies. But what he had to talk about captured my interest, and it was about a kind of digital currency concept called Bitcoin. Brian gave me my first Bitcoin and I joined Coinbase as a member, and am still one, today.
Meanwhile, Brian kept a steely focus on Coinbase (website) and when it went public, he became one of the richest people in the World. And now, he has a home to show for it: a $133 million bachelor pad in Los Angeles he bought in December of 2021.
The house was designed by John Pawson, finished in 2009, and owned by Japanese Businessman Hideki Tomita. It has multiple structures, totaling 25,600 square feet, 10 bedrooms, and 13 bathrooms. A lot of space for entertaining. I just wonder if I can visit?
It just goes to show you what life is like in the tech-oriented San Francisco – Oakland – San Jose Bay Area. The person you befriend at a party one day, might just become one of the richest people in the world, later on.
Congratulations, Brian.
Stay tuned.
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Note from Zennie62Media’s Zennie62 YouTube and Oakland News Now Today Blog SF Bay Area: this video-blog post demonstrates the full and live operation of the latest updated version of an experimental Zennie62Media , Inc. mobile media video-blogging system network that was launched June 2018. This is a major part of Zennie62Media , Inc.’s new and innovative approach to the production of news media. What we call “The Third Wave of Media”. The uploaded video is from a vlogger with the Zennie62 on YouTube Partner Channel, then uploaded to and formatted automatically at the Oakland News Now site and Zennie62-created and owned social media pages. The overall objective is smartphone-enabled, real-time, on the scene reporting of news, interviews, observations, and happenings anywhere in the World and within seconds and not hours. Now, news is reported with a smartphone: no heavy and expensive cameras or even a laptop are necessary. The secondary objective is faster, and very inexpensive media content news production and distribution. We have found there is a disconnect between post length and time to product and revenue generated. With this, the problem is far less, though by no means solved. Zennie62Media is constantly working to improve the system network coding and seeks interested content and media technology partners.