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Britains Youngest Billionaire is BitMEX Co-founder

billionaire concept

34-year old Ben Delo, co-founder of hugely popular cryptocurrency exchange BitMEX, has become Britain’s youngest self-made billionaire.

Delo founded BitMEX back in 2014 along with US programmer Samuel Reed and the now-CEO Arthur Hayes, who recently predicted Bitcoin would reach $50,000 by year-end.

In an interview with local newspaper the Daily Mail, Delo speaks of how he used to work up to 18 hours a day on the project when it was just a startup. BitMEX is now one of the largest exchanges in the world with a daily volume of $2 billion according to CoinMarketCap.

An Oxford graduate with a computer science and maths degree, Delo worked for IBM before moving to Hong Kong and joining JP Morgan. Soon after he and his and colleague Reed started BitMEX. In the beginning, he says, they had so little money he had to rent out a spare room in his apartment on Airbnb.

A regular donor to various charities, Delo says he enjoys a frugal lifestyle similar to that of U.S investor Warren Buffet and billionaire entrepreneur Bill Gates.

Bitcoin Billionaires

Back in December, the first official Bitcoin billionaires were announced as the Winklevoss Twins, who reportedly hold almost 92000 Bitcoins. However, that number now would be worth only slightly more than half a billion.

An estimation by BitInfoCharts predicts there could be as much as 200 Bitcoin billionaires worldwide now. Lamborghini was not available to confirm any increase in sales, though.

Image From Shutterstock

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