Brock Pierce is an American entrepreneur, billionaire, and former child actor who rose to prominence in the 1990s. His work in the cryptocurrency industry is what he is best known for. He was one of the original founders of the cryptocurrency Tether, which was established in 2014. In 2014, he was appointed to the position of Director of the Bitcoin Foundation. He has been and continues to be affiliated with a number of entertainment and technology firms. As a kid actor, he appeared in a number of commercials and feature films. Following his retirement from performing, he went on to co-found Digital Entertainment Network (DEN).
As an independent candidate for President of the United States in the 2020 presidential election, he is running for President of the United States.
Brock Pierce Net worth:
Brock Pierce is one of the most well-known figures in the cryptocurrency business. He has amassed a substantial fortune in the cryptocurrency market. He was a founding member of the cryptocurrency Tether. Later on, he rose to the position of Director of the Bitcoin Foundation. Pierce was earning $250,000 a year when he was 18 years old. He owned one percent of the company’s stock. Cryptocurrency accounts for 95% of his holdings. He used bitcoin as collateral to acquire a home in Amsterdam for $1.3 million, which he later sold. It was the world’s first crypto-backed mortgage in the real estate industry. He began his his career as a child actor, appearing in a number of commercials and films during his early years. By the age of seventeen, he had decided to give up acting.
Forbes magazine estimated his net worth to be between $700 million and $1.1 billion, based on publicly available information.
What is Brock Pierce Famous For?
- During the 2020 United States presidential election, an independent candidate for President of the United States is running.
- The Bitcoin Foundation’s executive director.
- Tether was founded by the founder of the cryptocurrency Tether.
Where is Brock Pierce From?
Brock Pierce was born on the 14th of November in the year 1980. His birthplace is Minnesota, in the state of Minnesota, in the United States. He is a citizen of the United States of America. Lynette Pierce is his mother’s maiden name, and he was born to Jeffrey Pierce, his father. His father worked as a builder, while his mother was a professional disco dancer who lived in the neighborhood. His grandpa was one of the most prominent developers in the state, and he was forced into bankruptcy during the mortgage crisis of the 1980s. Scot Pierce is his younger brother. He is of white ethnicity and adheres to the Christian faith as his religion.
There is no information known concerning his educational background.
Brock Pierce Career:
- Brock Pierce is a professional basketball player. Pierce has had a successful career as a kid actor, having starred in various advertisements.
- His film credits include The Mighty Ducks, D2: The Mighty Ducks, First Kid, Little Big League, Ripper Man (as Junior in Love), Three Wishes, Earth Minus Zero (as Junior in Love), Earth Minus Zero (as Junior in Love), and The Ride.
- Pierce left the entertainment industry when he was seventeen years old.
- Following his retirement from acting, he co-founded Digital Entertainment Network (DEN) with Marc Collins-Rector and Cha Schackley to provide online entertainment. DEN was founded with the goal of delivering original episodic video content to niche audiences over the Internet.
- DEN has raised a total of $88 million in venture capital funding.
- Its first production was Chad’s World, a pilot for LGBT youths that was created by Pierce.
In October 1999, DEN went public with an initial public offering (IPO) of $75 million. - After charges of sexual assault against Collins-Rector were made public, the IPO was subsequently removed from consideration. All three of the company’s executives resigned. Pierce was also mentioned as a defendant in a lawsuit brought against the Department of Energy by three former DEN workers in 2000. It was alleged in the case that they provided the plaintiffs with narcotics and coerced them into having sexual relations when they were teenagers. Pierce freely agreed to have all allegations against him removed.
- An executive team led by Gary Gersh and Greg Carpenter attempted to save the company and relaunch it in May 2000, but their efforts were ultimately unsuccessful.
- DEN declared bankruptcy and was forced to close its doors in June 2000.
The Internet Gaming Entertainment (IGE) company he created in 2001 was named after him. The company was a pioneer in the industry of MMORPG currency-selling services, which still exists today.
- Between 2004 and 2005, IGE invested more than $25 million in the acquisition of seven smaller competitors.
- In 2005, he estimated that IGE accounted for around 50% of the internet business in the United States, which has an annual volume of approximately $500 million.
- He enlisted the help of Steve Bannon in order to raise venture financing. In February 2006, a deal was struck that resulted in a $60 million profit. Pierce received $20 million in exchange for a minority ownership.
- In 2007, the corporation was the target of a class-action lawsuit. Pierce was fired from his position at the corporation.
- In addition, he launched ZAM in 2003. It is a website devoted to massively multiplayer online role-playing games (MMORPGs) such as World of Warcraft, Star Wars: The Old Republic, Rift, EverQuest, and other similar titles.
- ZAM.com, Wowhead, Thottbot, Torhead, and D3DB were among the gaming websites that belonged to the network.
- Pierce was invited to serve on the Titan Gaming board of directors in 2010.
Pierce was appointed as the new CEO of Titan Gaming in 2012, following the company’s rebranding as Playsino. - He also served as a managing director of the Clearstone Global Gaming Fund, which he founded.
he co-founded Blockchain Money (BCC) with his brothers Bart and Bradford Stephens in 2013 to raise venture capital for blockchain startups. By October 2017, it had raised $85 million from two venture capital funds. - Pierce then decided to pursue a career in the bitcoin business.
Among his many accomplishments is his co-founding of the cryptocurrency Tether in 2014 alongside Reeves Collins and Craig Sellar. - When it comes to trading volume, it has eclipsed Bitcoin, having the biggest daily and monthly trading volumes of any cryptocurrency on the market in 2019.
- In a July 2020 interview, he indicated that his participation with Tether came to an end in 2015.
In May 2014, he was appointed to the position of Director of the Bitcoin Foundation.
In July 2015, the group announced that it was declaring bankruptcy. - In 2018, he relocated to Puerto Rico, where he established his activities in a hotel named the Monastery in the historic district of Old San Juan. Eventually, it was transformed into an event and community center for the island’s developing blockchain community.
- Following the devastation caused by Hurricane Maria in 2017, Pierce established a conference dubbed Restart Week. The conference was established in order to encourage businesses to give back to the community via innovation and philanthropy in various locations of the island of Mauritius.
In addition, he serves as the chairman of the Integro Foundation. In April 2020, it will have raised more than $1 million for KN-95 masks. - In July 2020, he announced his campaign for the United States presidency in the year 2020. Karla Ballard is his running mate in this election.
- In July, he was elected to the Oklahoma legislature, and in August, he was elected to the Arkansas and Colorado legislatures.
- Pierce has the endorsement of Tim Draper, a Bitcoin supporter and venture financier.
Akon, who serves as Chief Strategist for Pierce’s presidential campaign, lends his support to the campaign.
Brock Pierce Wife:
Brock Pierce was a married man at the time of his death. Crystal Rose is the woman he is married to. Sensay is led by Rose, who is the company’s CEO. In 2016, the couple exchanged wedding vows. Every year, they could easily dissolve, renew or amend their marriage contract because it was based on blockchain technology. There has been no reliable information concerning his children. Details on his personal life will be updated when new information becomes available.
Brock Pierce Height:
Brock Pierce is approximately 1.8 m (5 feet and 11 inches) tall, which is 5 feet and 11 inches taller than the average person. He is 75 kg in weight and has a slim build. He has a lean build to his body. Colors of his eyes are brown, and the color of his hair is light brown. His sexual orientation is that of a heterosexual man.
Quick Facts About Brock Pierce
Celebrated Name | Brock Pierce |
---|---|
Age | 40 Years |
Nick Name | Brock Pierce |
Birth Name | Brock Pierce |
Birth Date | 1980-11-14 |
Gender | Male |
Profession | Entrepreneur |
Place Of Birth | Minnesota |
Nationality | United States |
Birth Nation | United States |
Famous For | Director of the Bitcoin Foundation, Independent candidate for 2020 US Presidential election |
Father | Jeffrey Pierce |
Mother | Lynette Pierce |
Siblings | 1 |
Brothers | Scot Pierce |
Ethnicity | White |
Religion | Christianity |
Marital Status | Married |
Wife | Crystal Rose |
Married Date | 2016 |
Height | 1.8 m (5 ft 11 in) |
Weight | 75 kg |
Body Type | Slim |
Eye Color | Brown |
Hair Color | Light Brown |
Sexual Orientation | Straight |
Net Worth | Around $1 billion |
Source of Wealth | Cryptocurrency business |
Movies | The Mighty Ducks, D2: The Mighty Ducks, First Kid, Little Big League, Ripper Man, Problem Child 3: Junior In Love, Three Wishes, Earth Minus Zero, and The Ride. |