Brock Pierce is an American entrepreneur who is well-known for his achievements in the cryptocurrency field. Brock started his career as a child actor who has acted in films such as The Mighty Ducks and First Kid. He quit acting when he was 17 and joined the Digital Entertainment Network where is made $250,000/year. Since then he progressed slowly and steadily in the virtual entertainment industry and is currently among the top 20 wealthiest people in Crypto. Let us have a brief look at the life, career, and net worth of Brock Pierce in 2020.
Early Life & Biography
Brock Pierce was born on November 14th in the year 1980, in Minnesota, the United States to Lynette Pierce and Jeffrey Pierce. Pierce began to appear in commercials when he was a toddler and played a major role in the film The Mighty Ducks when he was 12. He reprised his role in the film’s sequel in 1994 and played the lead role in First Kid. He left acting when he was 17 and later attended the University of Southern California.
Brock Pierce is married to Crystal Rose, the CEO of Sensay. The couple got married through a smart online contract which can be dissolved, renewed or altered annually.
Career, Awards & Nominations
After quitting acting, Pierce joined the Digital Entertainment Network as a minor partner and the company managed to raise the capital of $88 million. It went bankrupt after three years as it could not make any profits and in 2001 Pierce founded the Internet Gaming Entertainment.
The company bought seven of its competitors for $25 million, and in 2006 the company yielded $60 million as venture capital. After the company failed in 2007, Pierce was recruited by Titan Gaming as its board member.
Titan Gaming became Playsino in 2012 and Pierce was appointed the CEO. In 2013, he co-founded Blockchain Capital, and in 2014, he was elected as the director of the Bitcoin Foundation. Other members of the Bitcoin Foundation walked out after his election as there was a sexual assault allegation on Pierce.
In 2017, he announced $50 million as Initial Coin Offering. A new vehicle called Block.one was launched and Pierce became its head and advisor. The Initial Coin Offering raised $700 million in 2017 and in March 2018, he became the chief strategy officer of Block.one.
Net Worth & Earnings
In 2018, the Forbes listed him in its list of Top 20 wealthiest people in Crypto with a net worth of $700 million to $1 billion. Several crypto pundits claim that he has Bitcoins worth $1 billion if a single Bitcoin’s value becomes $8000. He himself claims that he is worth $1 billion corresponding to his Bitcoins which actually is his current net worth.
Brock Pierce announced this year that he would donate all of his wealth for charity in Puerto Rico and his wife says that he would regenerate the amount he donated within 2 or 3 years given to his talent.