RAOUL Pal is an economist, investment strategist, and the CEO and co-founder of Real Vision, a financial media brand, and the founder and CEO of the Global Macro Investor, a macroeconomic and investment strategy research service.
But what is the story behind Raoul Pal and what is his net worth?
Who is Raoul Pal?
Raoul Pal was born in 1968 in London, England and studied Economics and Law at the University of Plymouth, graduating in 1990.
After graduating he became a Sales Executive at Dow Jones Telerate before moving one year later to become a Senior Executive at James Capel & Co in 1991.
In 1995, Raoul Pal joined NatWest Markets as Director and stayed until 1997 when he joined global investment bank, Goldman Sachs, as the Head of European Hedge Fund Sales.
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He then moved on to GLG Partners as one of their chief portfolio managers in 2001 before launching the first of his four businesses, Global Macro Investor in 2005.
The Global Macro Investor provides financial information and is followed by influential figures in the pension and hedge funds field.
Pal then launched Real Vision with Grant Williams in 2013 as a way to offer on-demand finance to the masses.
Pal has said the company helps investors understand the “complex world of finance, business and the global economy with real in-depth analysis from real experts.”
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Real Vision has a free newsletter solely about cryptocurrency, where he details the latest developments and insights.
Pal also founded Exponential Age Asset Management in 2021, an investment management company focused on the blockchain and digital asset space, as well as Science Magic Studios in 2022, “a Web 3 token venture that works with leading brands to help them create unique Web 3 economies for the world’s largest cultural communities,” according to Pal.
Pal was an early investor in Bitcoin and started buying the asset in 2012.
He resisted the temptation to liquidate his holdings and remains bullish on Bitcoin long term with 50 per cent of his total investment portfolio in BTC.
Pal believes crypto’s market cap of about $1 trillion could explode to $300 trillion in just a decade.
He said: “All the big Web2 players are involved. Everybody in the financial system is involved – everybody.
“You just don’t see it really, because they’re cautiously moving forward because of regulatory issues.
“But everybody knows that this is where it’s all going.
“I’ve never seen anything like it, personally.
“It’s kind of a little bit like the internet, but it’s just faster-paced and actually larger in scope, which sounds crazy, but it is because it accrues value itself to these protocol layers.
“So there’s this massive value accretion that comes.
“If I compare where we are now, call it a trillion dollars of asset valuation in digital assets. Well, almost all the traditional asset markets are $200 trillion to $300 trillion each.
“We’re going to get there in probably 10 to 15 years.”
Pal went on to say the value of the crypto market will be the “fastest and largest the world has ever seen.”
He added: “Bigger than oil. Bigger than the internet. It’s a very, very different thing. It’s quite the phenomenon.
“The point being, as soon as the macro clears up everybody’s going to launch.
“And don’t forget everybody’s invested VC in this space already.
“So the VC money of $60 billion that went in in the last 18 months, because of the speed of the cycle in crypto, we’re gonna see a whole lot of products and new changes and new innovations coming in the next six to 12 months and we’ll move the whole narrative forward exponentially yet again.”
Pal currently lives and works in the Cayman Islands.
What is Raoul Pal’s net worth?
Raoul Pal is believed to have a net worth of around $50 million.
