Brock Pierce Net Worth – $2 Billion
Brock Pierce has a net worth of $2 billion dollars and is an American entrepreneur, philanthropist, and former child actress. He was best known as Gordon in the “The Mighty Ducks” franchise when he was a child actor. Thanks to early bitcoin investments, he became a multibillionaire as an adult.
On November 4, 1980, Brock Pierce was born in Minnesota. As a toddler, he began to feature in ads. Gordon in Disney’s 1992 blockbuster “The Mighty Ducks” was his first major film role. In the 1994 sequel “D2: The Mighty Ducks,” Pierce reprised his role. He played Sidney in “Little Big League” that same year, and Kevin in “Ripper Man” the following year.
In 1995, he also starred in “Problem Child 3: Junior in Love,” a television movie. The piece later starred in the film “Three Wishes,” which was released in 1995. In 1996, he appeared in the films “First Kid” and “Earth Minus Zero” as Luke Davenport and Joey Heller, respectively.
He played Brad in “Two Voices,” a 1997 TV movie, and John Robie in “Legend of the Lost Tomb,” also a 1997 TV movie. In the 1997 film “The Ride,” he also played Danny O’Neil.
Brock quit performing when he was seventeen.
Career in Business
Brock joined the Digital Entertainment Network company in 1999. (DEN). He was a minority shareholder and executive vice president, with a yearly salary of $250,000. The goal of DEN was to develop original series for internet streaming. The company’s ambitions were a decade in the making.
The company was on the verge of going public after raising $88 million in venture capital funds before being swept away by a storm of controversy. Marc Collins-Rector, one of the company’s co-founders and Chairman, was indicted in August 2000 on charges that led to a guilty plea of child endangerment in connection with allegations that he had assaulted underage boys. DEN declared bankruptcy a few months later and was shut down.
IMI Exchange was established by Brock in 2001. The company was originally known as Internet Gaming Entertainment, and is focused on investing in massively multiplayer online role-playing games (MMORPGs) (massively multiplayer online role-playing games).
According to CNN Money, the company generated around $500 million in annual gross volume in 2004 and 2005, bringing in over $1 million per month.
Capital from Blockchain
Brock, along with his brothers Bart and Bradford Stephens, co-founded Blockchain Capital in 2013.
In May of 2014, Brock was elected to the Bitcoin Foundation’s Board of Directors.
Brock also co-founded Tether, a cryptocurrency that is a “stable coin.” Tether, unlike other digital currencies, keeps one dollar for each Tether coin it issues. In 2015, Brock left Tether.
Blockchain Capital raised $85 million from investors in October 2017 to support cryptocurrency startups.
Brock’s personal assets were valued at $700 million to $1.1 billion in February 2018.
Billionaire on Bitcoin?
Brock’s Bitcoin holdings were worth $1 billion when the price of a single Bitcoin hit $8,000, according to a Bitcoin expert who spoke to CelebrityNetWorth. That is unconfirmed, but if true, his pre-tax paper net worth has fluctuated between nearly $18 billion in recent years.
Brock ran for President of the United States as an Independent candidate in 2020, but his campaign was unsuccessful.
It was discovered in November 2021 that Eric Adams partied late into the night with Brock and other crypto tycoons at a swanky hotel on the night he was elected Mayor of New York City. Brock was a significant Adams donor, as it turned out.
Eric announced two days later that he would accept his first two paychecks in bitcoin, and later that day he was flown to Puerto Rico on Brock’s Gulfstream private jet, ostensibly for a conference on Hispanic issues. Later, Adams stated that he paid for his own trip to the meeting. His campaign claimed he had reimbursed Brock for the cost of two plane tickets, but he provided no receipts or proof of payment.