[8] Kobo started his career at the age of twenty-one by licensing patented technology to the online lottery industry with e-Lottery (once the domain holder of Lottery.com).

[10][11] According to Globes, the firm raised US$980 million that year to pursue value based investments within the financial services, technology and real estate industries.

[15][9][16] In 2016, it was reported first in the Huffington Post that two properties from their portfolio had been sold to a consortium of Chinese investors led by Ding Lei for US$32 million.

[34][35][36] In November 2021, Entrepreneur Magazine listed Kobo at number 47 on their ‘Top 50 Richest People in Crypto’ with an estimated net worth of $200 million.

[41] In November 2021, Entrepreneur Magazine ranked Kobo amongst the world's top 50 richest in blockchain with an estimated net worth of $200 million.