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Top 10 richest crypto billionaires in the world

Despite experiencing strong market volatility, billionaires still make a lot of money in the $2 trillion crypto economy.

In the annual list of World’s Billionaires (World’s Billionaires) announced on April 5 of this year Forbesthere are 19 billionaires in the field of cryptocurrency and blockchain technology, 7 more people than last year. Newcomers to the list include the founders of Web3 infrastructure company Alchemy and OpenSea, the marketplace for non-fungible tokens (NFTs).

Here is a list of 10 Crypto Billionaire richest world according to the rating of Forbeswith a net worth as of March 11, 2022.

first. Changpeng Zhao

Net worth: $65 billion

Source of wealth: Binance

Nationality: Canadian

Top 10 richest crypto billionaires in the world - Photo 1

Changpeng Zhao

Reuters

Not only is the richest person in crypto, Binance founder and CEO Changpeng Zhao “CZ” is also the 19th richest person in the world. According to Forbes It is estimated that Mr. Zhao owns at least 70% of Binance, the platform Cryptocurrency trading Top of the world. Last year, Binance reportedly facilitated around two-thirds of the total volume of crypto transactions processed.

2. Sam Bankman-Fried

Net worth: 24 billion USD

Source of wealth: FTX

Nationality: American

Top 10 richest crypto billionaires in the world - Photo 2

Sam Bankman-Fried

Screen capture

Sam Bankman-Fried’s exchange FTX raised $400 million in January 2022, at a valuation of $32 billion. FTX’s US operations were also recently valued at $8 billion by investors. Interestingly, Bankman-Fried decided to give away his entire fortune, spending only 1% of his fortune to live. The 30-year-old moved from Hong Kong to the Bahamas, which is more crypto-friendly, in late 2021.

3. Brian Armstrong

Net worth: $6.6 billion

Source of wealth: Coinbase

Nationality: American

Top 10 richest crypto billionaires in the world - Photo 3

Brian Armstrong

Reuters

The Coinbase founder and CEO took the cryptocurrency exchange public via direct listing in April 2021, at a valuation of $100 billion. Although Coinbase’s market capitalization is now about half that, it’s still enough to make Armstrong, with a 19% stake, the third-richest person in crypto.

4. Gary Wang

Net worth: $5.9 billion

Source of wealth: FTX

Nationality: American

Gary Wang is the co-founder and chief technology officer of FTX with Sam Bankman-Fried. Before entering the crypto space, Gary Wang was a software engineer at Google, where he contributed to building the online flight booking platform Google Flights. Gary Wang currently holds a 16% stake in the operation business worldwide of FTX and more than 600 million USD worth of FTT. FTT is the native token of FTX.

5. Chris Larsen

Net worth: $4.3 billion

Source of wealth: Ripple

Nationality: American

Top 10 richest crypto billionaires in the world - Photo 4

In the list of World’s Billionaires announced on April 5 of Forbesthere are 19 billionaires in the field of cryptocurrency and blockchain technology

Screen capture

Chris Larsen is the co-founder and executive chairman of blockchain company Ripple, which owns XRP, currently the world’s 8th largest cryptocurrency. Recently, Mr. Larsen has been constantly busy with fighting the lawsuit of the US Securities and Exchange Commission (SEC). The lawsuit file was first filed in December 2020, alleging the issue electronic money Ripple’s initial coin offering (ICO) is illegal and selling unregistered securities. The lawsuit is seen by many crypto watchers as a turning point for future token sales.

6, 7. Cameron Winklevoss and Tyler Winklevoss

Net worth: $4 billion per person

Asset source: Bitcoin

Nationality: American

Top 10 richest crypto billionaires in the world - Photo 5

Cameron Winklevoss and Tyler Winklevoss

Reuters

The twin brothers started buying Bitcoin in 2012, then diversified their digital asset portfolio. The two acquired various cryptocurrencies and launched the Gemini crypto exchange. This duo also owns an auction platform art Digital Nifty Gateway, one of the big beneficiaries of the NFT craze that started last year.

8. Song Chi-hyung

Net worth: $3.7 billion

Source of wealth: Upbit

Nationality: Korea

Song Chi-hyung, the founder of cryptocurrency exchange Upbit, has made a fortune from South Korea’s booming $46 billion cryptocurrency market. Forbes It is estimated that Song Chi-hyung owns about a quarter of Upbit’s parent company, Dunamu, which was valued at $17 billion as of November 2021.

9. Barry Silbert

Net worth: $3.2 billion

Source of wealth: Digital Currency Group

Nationality: American

As the founder of investment firm Digital Currency Group, Barry Silbert has built a diverse cryptocurrency system. Digital Currency Group controls Grayscale, which manages approximately $28 billion in crypto assets, and CoinDesk, which operates news and famous crypto events. It is known that Mr. Silbert has invested in more than 200 crypto startups through numerous subsidiaries

ten. Jed McCaleb

Net worth: $2.5 billion

Source of wealth: Ripple, Stellar

Nationality: American

McCaleb made most of his fortune from Ripple Labs and XRP, the payments-focused cryptocurrency project he co-founded in 2012. McCaleb left the project in 2013, after falling out with Larsen and members. other in the group. Currently McCaleb is the founder and chief technology officer of Stellar, the decentralized protocol for cryptocurrencies.

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