#102

Stuart Hoegner

Canada Self-Made

Overview

Source of Wealth
Cryptocurrency
Residence
Toronto, Ontario

Biography

Stuart Hoegner served as general counsel for Tether and its sister company Bitfinex from 2014 to 2024.

A Canadian certified accountant, Hoegner began his career at Ernst & Young before starting Gaming Counsel Professional Corporation, a boutique law practice that catered to online gambling and cryptocurrency clients.

He was also previously a director of compliance and deputy general counsel at Excapsa Software, an online poker company that became embroiled in a software-facilitated cheating scandal.

He owns an estimated 12% of Tether, the largest issuer of stablecoins.

Tether reported more than $10 billion in profit in 2025, largely from interest on the reserves backing USDT.