Top 5 richest billionaires in cryptocurrency, 2 people have won a lawsuit against Facebook for $ 65 million and took away… buy Bitcoin
As of March 2022, Visual Capitalist’s list of the 5 richest billionaires in cryptocurrency includes Mr. Sam Bankman-Fried, Mr. Brian Armstrong, Mr. Chris Larsen, Mr. Cameron Winklevoss, and Mr. Tyler Winkleboss.
Sam Bankman-Fried
According to Visual Capitalist, Sam Bankman-Fried is the richest person in the cryptocurrency world with a total fortune of up to 24 billion USD. Mr. Bankman-Fried was born in 1992, and is also the youngest person on this list.
According to Forbes magazine, he is the son of two law professors at Stanford University. He majored in physics at the university, but soon switched to a quantitative fund. In 2019, Mr. Bankman-Fried founded the exchange FTX (an exchange specializing in trading crypto derivatives). The majority of Mr. Bankman-Fried’s wealth comes from the FTX exchange and the company Alameda Research.
Mr Bankman-Fried said the majority of his fortune would be donated to charity.
Brian Armstrong
The second richest billionaire on the list is Brian Armstrong, an American citizen, with a fortune of up to $6.3 billion. Mr. Armstrong was born in 1983.
Brian Armstrong is the CEO of Coinbase Global, a major cryptocurrency exchange based in the US. According to Forbes magazine, he was previously a software engineer for the company Airbnb. Armstrong founded Coinbase in 2012 in San Francisco. Currently, he holds a 19% stake in this company.
Chris Larsen
Number three on the list of the richest billionaires in crypto is 61-year-old Chris Larsen. Larsen’s net worth is estimated at $4 billion.
Mr. Chris Larsen was the co-founder of Ripple company in 2012. The Ripple company was born with the aim of promoting international payments using blockchain technology. According to Forbes, Ripple’s client list includes American Express and Santander Bank.
Mr. Larsen stepped down as CEO of Ripple in 2016, but still serves as chairman of the board. In 2019, Mr. Larsen and his foundation donated $25 million to San Francisco State University.
The Winklevoss Brothers
At 4th and 5th place on this list are 2 Winklevoss brothers: Mr. Cameron Winklevoss and Mr. Tyler Winklevoss. The wealth of the two brothers is estimated at 8 billion USD, divided equally between each person. The Winklevoss brothers founded the Gemini exchange in 2014. Currently, Gemini is handling around $200 million in crypto transactions per day.
The Winklevoss brothers are former Olympic rowers, and are famous for criticizing the CEO of Meta (formerly Facebook), Mark Zuckerberg, for stealing the idea of their social network.
The Winklevoss brothers used $65 million from the Facebook lawsuit to buy 70,000 Bitcoins. Currently, the Bitcoin they have is worth more than 3.2 billion USD (as of April 4, 2022).
Source: Forbes, Visual Capitalist
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