by Rushali 
In India, the trading volumes for cryptocurrency trades are increasing on an exponential level even after the support from the banks being on the minimal side. The bigger exchanges in India are taking this to Twitter and requesting RBI to intervene and lift the support a bit.
This is a clear indication of the cryptocurrency future in India and which is evident as more and more people in India are looking to invest in cryptocurrencies and the stock market and are now taking this as a real form of investment instead of just mutual funds and Fixed deposits.
It is extremely ironic to see that how people are getting to dive into different types of investment instead of just FIxed deposits that too when mutual funds were introduced on a public basis just a few years back.
We are waiting to see full governmental support for the crypto space as well just as we got to see in the favour of mutual funds in the last few years.
If talking about the Indian exchanges we are still lagging a bit as we still don’t have any kind of leverage trading or any kind of future and options trading in our Indian made exchanges. Although, some of the bigger names have promised to introduce these in the near term but, my hopes are low as they are still coping with the Indian banks to work in their favour.
It is very unfortunate to see being an active trader and investor that the banks are refusing to work in this space despite the RBI lifting the ban in 2018 and still banks are struggling to accept it and work with it.
The most ridiculous thing that I have witnessed is that the popularly used feature UPI payments are not being implemented properly with the exchanges. I agree, that the Peer to peer trading is still active and is a great escape from the struggles but, the trust factor is another issue in a Peer to peer trades, which is a bigger issue for the small capital traders and investors.
Anyway, this is the present scenario and I am not expecting any changes soon.
Let’s, look at the personality we will be talking about today and let’s dive deeper into the choices and life decisions that made him what he is today, we will talk about Mr Eric Schmidt, the former Google CEO and the crypto supporter also, we will take a glimpse of his huge net worth, I bet you this will be the biggest number in a networth portfolio you have ever seen on our blog.
So, just read till the end because, this will not only cover the networth numbers but, some very interesting excerpts from his life.
Introduction
Eric Schmidt was born in Falls Church, Virginia in April 1955. He is an American tech business executive and is popularly known for his role in Google as the former CEO and chairman and also popular for his quote “If you have something that you don’t want anyone to know, maybe you shouldn’t be doing it in the first place”
That’s not all, I will reveal more of his quotes as we progress through this article further.
Eric graduated in the field of Electrical engineering from Princeton University followed by Computer Science studies from the University of California, Berkeley.
He started his career in 1979 working as a software engineer in the now-famous xerox corporation, a company that is a market leader in making photocopy machines and appliances.
Soon after in 1986, he moved on to the position of software manager in Sun Microsystems and was promoted as the Vice President in the mere time of just one year also growing as the president in one of their ventures.
It was 2001 when Schmidt got into google joining as the Chief executive officer. And according to some sources, it was a fun fact that it is speculated that Schmidt was hired as he was an adult over the founders as the founders were in their twenties. He was the one leader when the company got listed and went public in 2004. Eric was the guy under who’s supervision google spread its wing in the tech field by introducing innovative products like Gmail, blogger and much popular Google maps.
Under his supervision, Google chrome and Android operating system were introduced. In short, he was the base of Google at the time.
In 2011, Eric left the position of CEO and took an off from the active management activities and was entitled to Executive Chairman of the company.
He is one of the few early big names to stand in the support of bitcoin and called it an amazing advancement and there are rumours that even Obama took his advice that is bitcoin something he needs to worry about as the president of the united states and also supported ethereum as having major potential.
Another popular quote by him “The Internet is the first thing that humanity has built that humanity doesn’t understand, the largest experiment in anarchy that we have ever had.”
Some of his popular publications,sourced from.Britannica.com:-
The New Digital Age (2013; cowritten with Jared Cohen)
Google: How Google Works (2014; cowritten with Jonathan Rosenberg and Alan Eagle)
Trillion Dollar Coach: The Leadership Playbook of Silicon Valley’s Bill Campbell (2019; co-written with Jonathan Rosenberg and Alan Eagle).
Eric Schmidt Net Worth
This is the section of the story you guys are more interested in, right?
and I know some of you have also skipped the article to get to this part and see the numbers.
The total estimated net worth of Mr Eric Schmidt as of 2021 is around 25 billion US dollars. Yes billion not a million, this is the biggest number I have recorded on this blog including the long list of people I wrote about
