The Bitcoin Millionaire

Charles Shrem is the co-founder of defunct startup company BitInstant and is a founder member of Bitcoin advocate, and is a well-known American entrepreneur. He was born in 1989 and was raised in a Sephardic Syrian Jewish community in Brooklyn. His father, whose name is not revealed, was a jeweler and his mother, whose name is unknown, was a house maker. The capability to handle money had come from his parents, who had not done anything excess.

Well, how well do you know about Charles Shrem? If not much, we have compiled all you need to know about Charles Shrem’s net worth in 2021, his age, height, weight, wife, kids, biography and complete details about his life. Well, if you’re all set, here is what we know about Charles Shrem to date.

Biography and Early Life:

Charles Shrem was born in 1989 and was raised in a Sephardic Syrian Jewish community in Brooklyn. His father, whose name is not revealed, was a jeweler and his mother, whose name is unknown, was a house maker. He was 18 years old when he started using his skills to earn some money. He became a local tech guru and would solve issues of computers that people would face.

His business was going well, and he made good money out of it that he purchased his car when he was just a high school junior. During his college days, he created the website dailycheckout.com where he would sell refurbished electronic items and making $600 a week. Shrem was a college senior in 2011 when he invested in Bitcoin.

Age, Height, Weight & Body Measurement

So, how old is Charles Shrem in 2021 and what is his height and weight? Well, Charles Shrem’s age is 31 years old as of today’s date 2nd August 2021 having been born on 25 November 1989. Though, he is 5′ 2″ in feet and inches and 160 cm in Centimetres tall, he weighs about 163 lbs in Pound and 74kg in Kilograms.

Education:

Shrem went to Yeshivah of Flatbush. In 2012 he graduated with a bachelor’s degree of science in economics and finance from Brooklyn College. But he started his business when he was still in school.

Personal Life: Dating, Girlfriends, Wife, Kids

Charlie Shrem is married to Courtney Shrem. In 2017 they moved to Florida. In 2014 Charlie was arrested along with Robert Falabella as they were considered to launder $1 million worth of Bitcoins to help people make illegal purchases. According to the accusations, he was unable to explain the suspicious banking activities and operation of an unlicensed money transfer business.

In December 2014, Charles was founded guilty and then was ordered to forfeit $95,000 and was sentenced to two years in prison. In March 2015, he was sent to Lewisburg federal prison camp in Pennsylvania and was released in 2015. In 2018 Winklevoss Twins sued him for stealing their thousands of Bitcoins; due to this accusation, his assets were frozen, but in 2019 the case got dismissed.

Is Charlie Shrem Gay?

No, Charlie Shrem is happily married to Courtney Shrem. Thus, he is not gay. Also, he does not have any history of being involved with any man.

Professional Career:

Charles started the computer fixing company while he was in high school. When he was in college, he started his start-up daily checkout, where he used to sell refurbished and used products. Blue switch acquired the company in 2012.

When he was in senior college, he started investing in Bitcoin. During the time that the system was using which service was crashed, he and Gareth Nelson came with the idea of starting instant, user-friendly, and purchasing Bitcoins at more than 700,000 places possible. Its first investor was his mother; he took a $10,000 loan from her. Then Roger Ver invested $125,000, and in 2012 from Winklevoss’s capital management, he received $1.5 million.

In 2016, she started Intellisys capital along with Jason garner. The mainstream investment LP planned to invest in the form of cryptocurrency. In 2017, Shrem joined Foxx on the post of director of business and community. In 2018 Shrem partnered as an advisor with internet operating systems. In 2019 untold stories, a podcast was launched by Charles.

Awards

There is no mention of any award won by him. But again, winning an award doesn’t define your capabilities. However, a documentary has been made on him by Nicholas Cross, “the rise and rise of Bitcoin,” which was premiered during the Tribeca Film Festival in 2014.  Christopher Cannucciari, in 2016, made a documentary on him, “banking on Bitcoin.” A lot many books had been written about him.

Net Worth, Salary & Earnings of Charlie Shrem in 2021:

As of 2021, his calculated net worth is $50 million, which he purely earned out of the Bitcoin business. Shrem is a great business and manages several firms under him. It is expected that his net worth will increase with time, and so is the value of Bitcoin in the market.

Some Interesting Facts You Need To Know:

– Charles runs a podcast where he tells about his untold stories.

– He went to jail for two years.

– His first investor in his start-up was his mother.

– His parents were the reason that he is such a money-minded person.

– He bought his first car when he was still in junior college.

Your past doesn’t define your future. Suppose you have a revolutionary idea, then you don’t need money for your start-up. Don’t be afraid to take risks. Learn to accept your mistakes, take a lesson from them, and move on. Charlie Shrem possesses the same ideology and thus is a big name in the Bitcoin industry.