#15 on the list

Brian Armstrong

Co-founder & CEO of Coinbase

Medium confidence

Career VDS

$34.4B

Live $34.4B

Co-founded Coinbase in 2012. Public-company ownership is based on disclosed/estimated economic stake.

Retained stake (live)

$7.6B

Value still held across live credited companies

Externalization (live)

82.0%

Live VDS ÷ live company value

Retention (live)

18.0%

Live stake ÷ live company value

Live companies

Company	Value	Ownership	Stake	Weight	VDS	Source
CoinbaseCOIN	$42B	18.0%	$7.6B	1	$34.4B	Cap: Public market estimate ≈ $42B (Jul 2026) Own: Illustrative estimate from historical IPO/public ownership disclosures ≈ high teens As of Jul 14, 2026