Learn about…the most prominent crypto-rich people who were on the Forbes Rich List
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Answer Learn about…the most prominent crypto-rich people who were on the Forbes Rich List
Forbes published a list of the rich, and the list included many well-known figures in the crypto arena.
according to “ForbesBinance CEO Changpeng Zhao is the richest person in the cryptocurrency space, with a net worth of $65 billion.
Last year, for comparison, CZ’s fortune was $1.9 billion.
Forbes came to the figure of $65 billion by taking into account the revenue generated by Binance last year.
In 2021, the Wall Street Journal estimated that Binance could be worth as much as $300 billion if Coinbase follows the competition in its IPO.
It should be noted that it remains unclear how much cryptocurrency the Binance chief holds, as he is expected to own a relatively small amount of Bitcoin and BNB.
Read:The mayor of Rio de Janeiro invests and allocates 1% of the city’s treasury in bitcoin
FTX CEO Sam Bankman Fred, who was crowned the richest crypto billionaire last year, has a net worth of $24 billion.
FTX, one of the leading cryptocurrency exchanges, has received a $32 billion valuation after raising $400 million from investors such as SoftBank and Tiger Global.
Gary Wang, chief technology officer of FTX, also appeared on the list after amassing an estimated fortune of $5.9 billion.
Brian Armstrong, CEO of Coinbase, comes in third with a net worth of $6.6 billion.
Ripple co-founder Chris Larsen, who was the only billionaire on the Forbes 400 list in 2019, is now in fifth place despite doubling his fortune to $4.2 billion.
Stellar’s Jed McCaleb, who co-founded Ripple along with Larsen, also slipped down the rankings.
The Winklevoss twins, cryptocurrency group CEO Barry Silbert, CEO of MicroStrategy and venture capitalist Tim Draper are also among the top crypto-riches.
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Elon Musk, CEO of Tesla, is the richest person in the world with an estimated net worth of $292.8 billion.
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