David Schwartz

David Schwartz

David Schwartz is the Chief Technology Officer (CTO) at Ripple and one of the original architects of the XRP Ledger. He has over 35 years of legal experience with expertise in regulatory affairs and complex litigation. Schwartz is known as "JoelKatz" and is a respected voice in the digital currency community.

Personal Stats

Age 54
Source of wealth Ripple CTO (2% stake) and XRP Ledger architect
Residence San Francisco, California
Citizenship United States of America
Marital status Married, has children 
Education University of Houston 

Biography of David Schwartz

David Schwartz was born in the United States in 1969. His parents weren't wealthy, so managing David's upbringing was a priority for them to ensure they had enough money to pay for his education. As a child, David had a close relationship with his siblings and they all attended school together.

David Schwartz’s Education

David Schwartz started his education in the USA and completed his elementary schooling there. He then finished preschool and proceeded to high school after earning his elementary degree. After graduating from high school, he pursued a college education, studying for a degree while still in high school. This helped him gain a lot in his professional life. He also obtained a degree from the University of Houston in Electrical Engineering, as mentioned on his official LinkedIn page. He studied there from 1986 to 1990.

David Schwartz’s Career

Before his role at Ripple, Schwartz served as the Chief Technical Officer for WebMaster Incorporated, a Santa Clara software developer, where he developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the National Security Agency (NSA). He is a respected figure in the digital currency community and has been instrumental in the development of the XRP Ledger. Schwartz is known for his significant contributions to the technical vision of Ripple and the XRP ecosystem.

His full official job list can be found on his LinkedIn page; thus, here are the main positions David Schwartz had:

  1. CEO at David Schwartz Enterprises, from January 1988 till January 1991
  2. Software Developer at RE/MAX, from January 1991 till January 1992
  3. Partner at Cardiophonics, from January 1992 till January 1995
  4. Director of Network Services at Internet Gateway Connections, from January 1995 till January 1996
  5. Senior Network Engineer at Worldwide Internet Solutions, from January 1996 till January 1998 
  6. Director of Software Development and Chief Technical Officer at WebMaster Incorporated, from Jan 1998 till Jan 2001, and from January 2001 till January 2011
  7. Chief Cryptographer and CTO at Ripple, from December 2011 till present

David Schwartz's Personal Life

There is not much information about David Schwartz's family and personal life. He has been married for a long time and he has children, all of whom bear his surname. David is posting in X, making publications on LinkedIn, and commenting on different events in the crypto and fintech areas.

What Is David Schwartz's Net Worth?

David Schwartz is a well-known figure in the finance world, who has amassed a great fortune over the years, making him one of the wealthiest people in the world. He is expected to achieve even greater fame in the coming years. With multiple sources of income, David has managed to achieve great success in a short period, effortlessly making it to the top of the list of celebrities.

David Schwartz for now is estimated to have a net worth of about $90 million. This estimation is based on Ripple's value at $4.7 billion and XRP's market cap at $13 billion. Schwartz's net worth is attributed to his 2% stake in Ripple, which he opted for instead of a large lump payment in XRP.

David Schwartz’s Social Media


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