Shayne Coplan: The Youngest Self-Made Billionaire
Shayne Coplan, a 27-year-old founder of Polymarket, has surpassed Alexandr Wang as the world's youngest self-made billionaire.
Coplan dropped out of college and launched his firm from his apartment bathroom. His cryptocurrency-based betting platform received a significant boost when Intercontinental Exchange (ICE) invested $2 billion in cash.
This investment lifted Polymarket's valuation to $9 billion, making Coplan a billionaire with an estimated 11% stake valued at over $1 billion.
5 Things to Know About Shayne Coplan
- Dropped out of college to pursue his business idea
- Launched Polymarket from his apartment bathroom
- Received a $2 billion investment from Intercontinental Exchange (ICE)
- Became a billionaire at the age of 27
- His company's valuation is now $9 billion
Polymarket's success is a notable example of the potential for cryptocurrency-based platforms to attract significant investments.
Author's summary: Shayne Coplan becomes youngest self-made billionaire.
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