BitBoy Crypto is the world’s largest cryptocurrency community on the internet and was set up by Ben Armstrong in 2018.
It provides millions of people all over the world with updates on the cryptosphere through fun, engaging YouTube videos and podcasts.
But who exactly is Ben Armstrong, what is his net worth, and just what is the story behind his success?
Who is Ben Armstrong?
A multi-millionaire living in Atlanta Georgia, with a Lamborghini to show for it, Armstrong has made his money through crypto investments.
But the crypto influencer hasn’t had an easy life.
In the years before he started investing in crypto, Armstrong was a drug addict who required intense rehab to help get his life back on track.
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“I think that anyone who needs to make a big change in their life, I think it’s not a matter of will, it’s not a matter of saying ‘okay I definitely need to do this and I’m going to do it, it’s actually a matter of giving up,” he said in a video on his website as he opened up on his backstory.
“For me personally, I received help back in 2007. I actually used to be a drug addict and for seven years that’s what I did every single day and I had a major overdose.
“I was in a coma for three days and when I came out of that coma in 2007 I realised that I needed help.
“I actually spent two years going to rehab. I spent one year as an in-patient, resident at the rehab, and then another year as an interim. After that I realised that it was my purpose in life to help people.”
He started studying at Toccoa Falls College Kennesaw State University in 2009 and graduated with a bachelor’s degree in 2012.
Turning his life around, Armstrong started the BitBoy Crypto YouTube channel in 2018.
He says he originally hoped that the videos would help him make enough money to buy a family home.
After finding success, he turned his attention to helping others.
His popular content amassed him 1.5 million subscribers on YouTube, 400,000 followers on Instagram, and 744,000 followers on Twitter.
However, Ben Armstrong and the BitBoy Crypto YouTube channel parted ways in August 2023.
Ben Armstrong drug abuse allegations by BitBoy Crypto in 2023
On Monday August 28, 2023 the BitBoy Crypto brand announced that it was to stop working with Ben Armstrong.
BJ Investment Holdings, which owns the YouTube channel, said that Armstrong would no longer be associated with the company.
It was alleged that Armstrong had relapsed and was once again using drugs and that he had caused “emotional, physical, and financial damage” to those around him.
The allegations were initially denied, with Armstrong describing them as “100 per cent false”. He later apologised to his fans for disappointing them, admitting to having an affair and using drugs.
He said in a video: “I had an affair, and I know that I have a family brand. That’s my brand, family.
“I had an affair, it went on for a while, and you know the other person is not a bad person. I take full responsibility.”
Who is Ben Armstrong’s wife?
Ben Armstrong is married to his wife, Bethany.
The pair are thought to have originally started dating in 2011 or 2012. It remains unclear exactly when the pair had their wedding.
They have three children together.
Armstrong regularly speaks about his love and his pride in his family and says that they will always be his priority over work.
In one video he said: “I always put my family, and put my wife and kids first, above anything else.
“As long as I have their support then I can keep going. That’s my non-negotiable.”
What is Ben Armstrong’s age?
Ben Armstrong was born on October 27, 1982 and grew up in Los Angeles, California. He is 39 years old.
Very little is known about his upbringing, with the millionaire keeping his private life out of the spotlight.
What is Ben Armstrong’s net worth?
Ben Armstong has a net worth of over $10 million.
His net worth was significantly higher in 2022 but he lost a huge amount of money when the crypto markets collapsed.
He explained in 2022 that the only physical assets he had were a 2018 Lamborghini Huracan Performante worth $350,000, seven properties with a value of $5 million, and $1.5 million in fiat currency.
The rest of Armstrong’s investments all lie in crypto.
When did Ben Armstrong start investing in cryptocurrency?
Ben Armstrong made his first crypto purchase in 2012.
He claims it wasn’t an intentional investment but rather because he was looking to buy software from a company that would only accept cryptocurrency as payment.
“I had to learn how to purchase Bitcoin, how to hold it in a wallet, and make transactions. Man it was so confusing,” he explained in a video to his followers.
“I just had a few dollars it seemed like in there – maybe $50 – then all of a sudden, overnight, it went to like $2,000-3,000.”
It was not until five years later in 2017 that he decided to invest in cryptocurrency full-time.