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Meet Erik Finman:The boy who made a bet with his parents to become a millionaire and he Won

Austin10k
2020-10-18 14:03:52

Erik Finman has not followed the traditional path of college-bound students growing up in the United States. In May of 2011, at the age of 12, Finman struck a deal with his parents to be able to skip college in pursuit of an unorthodox education, provided he could invest successfully. The deal? He had to turn $1,000 in cash that his grandmother gave him into an impressive $1 million. Finman pursued his goal relentlessly and managed to succeed, purchasing about $1,000 worth of Bitcoin when the fledgling currency was at just $12 per coin, as well as a number of other digital currencies including Ether, Ethereum’s native token. Finman was successful in his goals, making him a self-made millionare at the age of 18. However, he remains skeptical about the future potential of Ethereum.

Finman used $1,000 from his grandmother intended for his scholarship fund to buy around 100 bitcoins, when each coin was worth $10-$12.Now Erik Finman is worth around $4.5million and he is just 21years old

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