Our Humble Beginning
After losing close to 70% of his investment portfolio in the 2007-2010 United States Subprime crisis, Paramount Founder and CEO Larry Houston is fuelled by a vision. A vision of a company that would cultivate the spiritual, emotional, intellectual, physical and financial lives of its members; a company fuelled by lucrative investment projects, life-long friendships and unforgettable experiences. Investing should not be so torturing, it should be fun, rewarding and engaging.
Larry knew that investors can no longer rely on shares to rise in value, following the stock market crashes of the past decade and the volatility that follows. He needed to find something with more liquidity, with a low or no correlation to stocks and bonds. This is when he stumbled into the world of New Age Alternative Investment. He started by investing US$100,000 in bitcoin in 2011 and saw his investment soared by a whopping 400 times! Several other investments in fine wine, rare arts and coinage also yield lucrative returns.
In 2015, Larry’s vision was realized. Paramount Elites Ltd was formed. To date, Paramount Elites has active Independent Representatives and members in the United States, Europe, as well as Asia. Our investment projects offer a spectrum of innovative solutions to empower a generation of new age investors and support the potential and promise of our community.