Ray Youssef is a businessman, Paxful CEO, crypto influencer. The man is one of the leaders in the digital asset industry. He created a successful project that brings him a good profit. His opinion is important for subscribers and influences their actions in the market. He accumulates bitcoin and top altcoins.
Ray Youssef Income
The entrepreneur has a lot of experience. His first startups go back to a time when bitcoin didn’t exist yet. He has always been distinguished by unconventional and creative thinking, which allowed him already in 2015 to have a large capital, which allowed him to launch a global platform for p2p bitcoin trading. Whether he was a millionaire at that moment or not, Ray himself does not tell. We believe that at this time his net worth was about $1 million. To a large extent, this became possible thanks to the profitable purchase of bitcoin.
To understand the scale of this business, you need to take into account that at that time only a few exchanges worked on the market. Neither Binance nor Bybit existed yet. Of course, Paxful never had the same functionality as the exchange, but Ray’s platform has long been the main platform for buying and selling cryptocurrency (not trading). Now its popularity has fallen, but the product that Youssef created and offered to the market is still relevant and profitable. This is Ray’s main source of income.
Youssef is a media personality. You can see him on top TV channels and talk shows about business, blockchain, global finance and bitcoin. It probably won’t make him any money. Unlike many of his colleagues, he does not run his own YouTube channel. Given his popularity, he could easily earn $200,000-300,000 a year. There is a video with Ray on YouTube, but on other channels (mainly TV channels).
Ray Youssef Net Worth in 2023
There is no exact data on the profit and net worth of the founder of Paxful. Forbes mentions this company, but does not give an estimate of its value. Given that Ray has been in the cryptocurrency market for almost 10 years, he could have made a lot of money from his old investments. We estimate his net worth at $100 million.
The man is engaged in charity, invests in social projects. He behaves much more modestly than he could. This is an adult man who does not make money on hype online.
We do not predict a sharp jump in his wealth in the future. Stability in the market will allow him to receive 1-2 million dollars a year.
Crypto Assets
Ray has about 1000 BTC. This does not mean that this is the amount of digital gold in his wallet. This is the bitcoin equivalent of all his crypto assets. He happily buys altcoins. Youssef follows a buy and hold strategy. He is not a fan of high-risk futures trading.
The businessman has a popular Twitter page. There are more than 30 thousand subscribers. He doesn’t blog, but he’s always in the thick of things. According to his messages, you can understand which coins he considers promising, and which he prefers to bypass. This somehow allows you to make assumptions about the state of his portfolio.