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Coinbase CEO Brian Armstrong, one of crypto’s richest leaders, has a $9 billion net worth, but he says he won’t create a charity foundation: "I'm not going to do that"

Brian Armstrong Coinbase Bill Gates Crypto Philanthropy Michael Bloomberg

Coinbase CEO Brian Armstrong, one of crypto's richest leaders, is taking an unusual approach to philanthropy. Despite a fortune that Bloomberg has tracked at around $9 billion this year, Armstrong says he has no plans to establish a traditional charitable foundation, arguing that some large philanthropic organisations can ultimately do more harm than good.

Brian Armstrong takes a contrarian view on philanthropy

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