Raoul Pal is one of those guys who makes you feel like you’re either a genius or totally missing the boat. If you’ve spent any time on "Financial Twitter" or watched a single video on Real Vision, you know the vibe. He’s the macro guru who walked away from the high-stakes world of Goldman Sachs and London hedge funds to live on a beach and talk about the "Exponential Age."
But what does his bank account actually look like?
Talking about Raoul Pal net worth is tricky because he’s not just holding a stack of cash or some Boring 60/40 index fund. He’s basically gone "all-in" on the future. Honestly, trying to pin down a single number is like trying to catch a Solana rally in 2023—it moves fast, and if you blink, you’ve missed the latest spike.
The Goldman Foundation and the Hedge Fund "Rat Race"
Before he was the face of crypto macro, Raoul was grinding in the traditional finance trenches. He co-managed the hedge fund sales business in Equities and Equity Derivatives at Goldman Sachs in Europe. You don't get to that level without making some serious bank. After Goldman, he moved to the "dark side," as he calls it, joining GLG Partners.
At the time, GLG was one of the largest hedge fund groups on the planet. He managed their Global Macro Fund.
Then, at 36, he just... stopped.
He retired from managing client money in 2004 and moved to the Valencian coast of Spain. Most people would have just sat on a yacht, but Raoul started writing. He launched Global Macro Investor (GMI) in 2005. This isn’t your neighborhood newsletter. It’s a high-end research service for sovereign wealth funds, family offices, and the world's biggest hedge funds. Rumor has it the subscription costs roughly $20,000 to $40,000 a year.
Do the math. If you have a few hundred institutional clients paying five figures a year for your brain, your net worth starts with a very healthy baseline before you even make a single trade.
Real Vision and the Media Empire
In 2014, things changed. He co-founded Real Vision. The idea was basically "Netflix for Finance," giving regular people access to the same high-level conversations the elites were having behind closed doors.
It’s grown into a massive platform with multiple tiers—Real Vision Pro, Crypto, and The Exponentialist. While the company has taken on outside investment, Raoul’s equity stake in the Real Vision Group is a massive, though illiquid, part of his wealth. It's a "lifestyle business" that turned into a global media brand.
The "Irresponsible" 100% Crypto Bet
Here is where the Raoul Pal net worth conversation gets wild.
Back in late 2023, Raoul dropped a bombshell in an interview: he said about 100% of his liquid net worth was in crypto.
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Most financial advisors would have a literal heart attack hearing that. But for Raoul, it was a calculated move based on his "Everything Code" thesis. He isn't just holding Bitcoin, though. He’s been very vocal about his "holy trinity" of holdings:
- Bitcoin (BTC): The pristine collateral.
- Ethereum (ETH): The technology layer.
- Solana (SOL): The high-performance "Ferrari" of the group.
He famously bought a massive chunk of Solana when it was crashing during the FTX collapse—a move he called the "opportunity of a lifetime." He’s also mentioned holdings in Sui, Zcash (which he recently teased as a potential 1000x play), and various NFTs. When you look at the performance of Solana and the broader market heading into 2026, you can see why his net worth has likely ballooned.
Some estimates place his net worth around $45 million to $60 million, but honestly, if the "Banana Zone" (his term for the vertical part of a bull market) hits as he predicts, those numbers could be conservative.
Why the Number is Always Moving
The thing is, Raoul doesn't care about "net worth" in the way a Forbes billionaire might. He views wealth through the lens of liquidity cycles.
He believes we’re currently in a massive debt-refinancing cycle. With $9 trillion to $10 trillion in U.S. Treasury debt maturing in 2026 alone, he expects central banks to keep the liquidity taps wide open. In his mind, the dollar is being debased, so "net worth" in USD is a melting ice cube. He’s measuring his wealth in "purchasing power" and "network adoption."
What You Can Learn from His Strategy
You don't have to put 100% of your money into XRP or Solana to take a page out of Raoul's book.
- Understand the Business Cycle: He tracks the ISM (Institute for Supply Management) PMI data religiously. When the economy is in contraction, he looks for the turn.
- Look for "Crisis" Opportunities: He bought SOL when everyone thought it was going to zero. He bought XRP when the SEC lawsuit was at its peak. He likes blood in the streets.
- Long-Term Horizon: He often tells people to "STFU" (Stay Tough, For Us) or "DTFU" (Don't Toss It Up). Basically, pick the right assets and then do nothing for two years.
Raoul Pal’s wealth is a bet on the "Exponential Age"—the idea that AI, Robotics, and Crypto are all converging into one giant wealth-creation engine. Whether he’s worth $50 million or $500 million by the time the 2026 cycle peaks depends entirely on whether his "Everything Code" holds true.
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Next Steps for Your Portfolio:
- Start tracking Global Liquidity (M2) alongside your favorite assets; it’s the "tide" Raoul says raises all boats.
- Audit your own "Exponential Age" exposure—do you own the networks (crypto) or the companies (AI/Tech) that will dominate the next decade?
- Review your "liquid" versus "illiquid" net worth to ensure you aren't over-leveraged in a way that forces you to sell during a 20% dip.