A former hedge fund manager and partner over at Goldman Sachs announced on April 19 at a forum at Harvard University that he has put 10% of his net worth into Bitcoin and Ethereum.
Billionaire Mike Novogratz also stated that he considers his investment into crypto-currencies as the ‘best investment of his life’, and considers that these and other forms of blockchain based currencies will be the future of money and finance.
Billionaire investor Mike Novogratz is betting big on digital currencies like Bitcoin and Ether.
“Ten percent of my net worth is in this space,” Novogratz said at a forum held at the Harvard Business School Club of New York Wednesday. He declined to say exactly how wealthy he is, but he’s a former hedge fund manager at Fortress Investment Group and a Goldman Sachs partner who made the Forbes billionaire list in 2008.
It’s the “best investment of my life,” Novogratz said. – CNN Money
Source: The Daily Economist