In 1999 Patrick Byrne launched Overstock.com. That achieved a profitable first quarter in 2002 and first full-year profitability in 2009. In 2016 Overstock.com had revenue of $1.8 billion and was seventh in eight consecutive years. In 2012, the company still had no $1 million in revenue but accepted bitcoin as a payment method. Byrne’s political orientation for freedom led him to decide that Overstock.com, with $1.4 billion in revenue, should accept cryptocurrencies.

What is the net worth of Patrick Byrne?

He is one of the American entrepreneurs who have a net worth of $75 million. Patrick Byrne is best known for being the former CEO of Overstock.com. He was born in 1962 at Fort Wayne, Indiana. He graduated from Dartmouth College and Cambridge University and earned his PhD. From Stanford University, he launched Overstock in 1999 and launched the company in 2002. In 2005, he was known for his campaign against illegal short sales and was an advocate of crypto. Currency by Overstock.com became the first major online retailer to accept bitcoin in 2014; took leave in 2016 for health reasons.

What are the exciting facts about Patrick Byrne?

  • Patrick Byrne became Overstock’s CEO in 1999 after purchasing a 60% stake in the company.
  • Similarly, Patrick Byrne is not married. So he doesn’t have a wife.
  • When it comes to his family, Patrick Byrne’s father is John J. Byrne and he has no children and he was never married.
  • Patrick Byrne was born in 1962 on November 29 and is currently 58 years old.
  • Patrick Byrne is also a huge supporter of Donald Trump and has spread conspiracy theories about Election Fraud at Donald Trump claims.