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BitMEX's Ben Delo is the youngest British self-made billionaire through crypto

11 Jul, 2018
by Fifi Arisandi
News
BitMEX's Ben Delo is the youngest British self-made billionaire through crypto

BitMEX co-founder, Ben Delo is the youngest British self-made billionaire through cryptocurrency.

BitMEX 34-year-old co-founder, Ben Delo is heralded by the British media as the first and the youngest British self-made billionaire through cryptocurrency. Delo, who graduated from Oxford with a first-class degree in computer science and mathematics was voted as the student most likely to become a millionaire and second most likely end up in jail, according to his college yearbook. 

After working as a software engineer for IBM, he moved to Hongkong to work with JP Morgan. Later on in 2014, along with Samuel Reed and Arthur Hayes, he decided to found BitMEX. In the early days when the company's capital was very little, he lived out of Airbnb-rented spare bedrooms and eating regularly at MacDonald with his wife. As he told Cointelegraph, "I have had my nose down in a start-up for the past four years. I was doing 18-hour days at one point.”

Today, BitMEX boasts a 24-hour trade volume of $2.55 billion, which makes it the cryptocurrency exchange with the highest trading volume according to Coinmarketcap. The volume exceeds Coinex's which is at $1.66 billion, and Binance by over $1.1 billion, with its $1.33 billion volume. 

Despite his success, Delo claims to live a frugal lifestyle and donate to charities regularly, which is inspired by Warren Buffet and Bill Gates.

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Read more about:Bitcoin (BTC)

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