Co-founder, TeraWulf Inc.
Paul Prager
Paul Prager is Co-Founder, Chairman and chief executive of TeraWulf, since February 2021. He reports 41,709,758 shares, or 8.5% of the common stock, per the April 2026 proxy.
- Role
- Chairman and Chief Executive Officer
- Company
- Nasdaq: WULF
- Shares reported
- 41,709,758 (common stock)
- Education
- U.S. Naval Academy.
- % of main listed class
- % of votes, where shares carry different votes
- Paul Prager8.5%
Beneficial ownership as reported, with holdings as of 17 April 2026. Beneficial ownership can include shares obtainable within 60 days.
Career
- EarlierU.S. Naval Academy graduate. Chief executive of Direct Gas, and founder of the shipowner Brooklyn Marine & Oil.
- 1990Founded Beowulf Electricity & Data, a private energy and digital infrastructure company, and remains its President.
- February 2021Became Co-Founder, Chairman and chief executive of TeraWulf.
How to read the stake
The total includes 33,554,688 shares, or 6.8%, held through Riesling Power LLC, whose sole member is the Paul B. Prager 2020 Revocable Trust. The two figures overlap and should not be added.
Source: TeraWulf Inc. DEF 14A, filed 28 April 2026. This page covers what those documents state. It is not a full biography.
Other founders of TeraWulf Inc.
- Nazar KhanChief Technology Officer and director
Questions
What does Paul Prager do at TeraWulf Inc.?
Paul Prager is Co-Founder, Chairman and chief executive of TeraWulf, since February 2021. He reports 41,709,758 shares, or 8.5% of the common stock, per the April 2026 proxy.
Who founded TeraWulf Inc.?
Paul Prager and Nazar Khan are both titled co-founder, and both came from Beowulf, the energy company Prager founded in 1990.