Justin Sun is a successful technology entrepreneur from China. He is the founder of the cryptocurrency platform TRON and is also known as the Chinese Whiz Kid. Justin is also the founder and CEO of BitTorrent, a peer-to-peer file-sharing company. Rainberry, Inc. is the current name of the corporation.
Justin Sun’s Net Worth And Professional Background
Justin wrote a thesis about the blockchain sector called “The Birth of a Decentralized Internet.” His first work was with Ripple Labs, a technology business, as a Chief Representative and Advisor. Before leaving in January 2016, he worked for the company for two years.
While working at Ripple Labs, he founded the social media app Call me or Peiwo. It became the most popular voice live broadcasting app in China. The app’s primary users and fans are teenagers. Sun is still the company’s Chairman and CEO.
Justin established TRON, a blockchain firm, in July 2017 as his first move toward a decentralised internet. In less than a year, Sun purchased BitTorrent, a peer-to-peer file sharing service. He is rumoured to have paid $126 million for the business.
He invested $10 million in GameStop, an electronic retailer, and $1 million in the iShares Silver Trust and AMC in January 2021. After two months, in March, he became the second person to shatter Christie’s non-fungible tokens auction record of $69 million (NFT).
Sun was going to place a $70 million bid for the digital artwork in the auction, but Christie’s algorithms rejected his offer, and he was outbid less than 20 seconds before the sale ended.
Justin Sun has kept his genuine dating status a secret. We have no idea if he’s married or in a relationship. Because there is no information regarding his romantic life, he is assumed to be single.
In June 2019, Justin placed a record-breaking $4.5 million offer for a private lunch with business magnate Warren Buffet. He cancelled the meal, but it was rescheduled until January 2020, when he presented Buffet with a smartphone loaded with bitcoin and Tron.
He cancelled the lunch because he was accused of unlawful fundraising, money laundering, gambling, and pornography, according to reports. Sun then disputed all of the charges, claiming that he had to cancel the event due to kidney stone treatment.
Justin Sun’s Childhood
Justin Sun was born on July 30, 1990, in the Chinese city of Xining, in the province of Qinghai. Information on his early life and parents is limited due to a lack of reliable sources. In 2007, he decided to continue his education by enrolling at Peking University. The Bachelor of Arts and History he received from Perking University in 2011 was his first major accomplishment.
Following that, he attended the University of Pennsylvania. He received a Master’s degree in Arts and Political Economy from the University after completing his studies. In addition, Alibaba Group founder Jack Ma selected him to study at Hupan University, which he founded in 2015 and is located in Shanghai. Sun was the only one of the first graduates who was born after the year 2000. In 2018, he received his bachelor’s degree from the university.