Despite its complex nature, the world has once again seen the crypto industry as an important asset. When they enter the market at the right time, many investors make hundreds of dollars in a short period of time.
According to Lehman, a crypto billionaire is a person who has amassed millions through crypto investments or built crypto-currency businesses into multimillion-dollar businesses.
Now, it’s been a crazy year in the crypto world, as you can imagine how to become a millionaire, and not being a billionaire is often long and full of misery.
However, due to the availability of volatility on both sides, the crypto billionaire’s wealth has exploded from this golden flow. According to the Forbes Billionaires list, seven people have become crypto billionaires, increasing the number of crypto billionaires to 19, an increase of 58 percent. However, when the value of digital assets fell, seven of the world’s richest cryptocurrencies have lost $ 114 billion since November.
Without further ado, meet the crypto billions of 2022 according to Forbes!
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Changpeng Zhao is Binance
Real estate: $ 65 billion
Source: Binance
Binance, the world’s largest cryptocurrency exchange, was founded and led by Zhao. He switched to hamburgers at McDonald’s, but today he’s a crypto billionaire.
Changpeng Zhao is a Chinese-Canadian entrepreneur who is the founder of the world’s largest cryptocurrency exchange platform, Binance. According to the Bloomberg Billionaires Index, Zhao has a net worth of about $ 96 billion, more than the likes of Mark Zuckerberg and Larry Page. Unfortunately, this property does not take into account its personal crypto assets. Despite the decline in cryptocurrencies and the expulsion of the firm from China, Binance continued to jump, and so did Changpeng Zhao’s wealth.
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FTX CEO Sam-Bankman Fried
Real estate: $ 21 billion
Source: FTX
SBF, an MIT graduate, launched the cryptocurrency exchange FTX in 2019. Since then, FX has seen steady growth, reaching daily trading volume of $ 10 billion. among 1 million customers. SBF is credited with initiating a handshake between sports betting and cryptocurrencies. Its net worth of $ 21 billion is reported to be huge.
The founder and CEO of cryptocurrency exchange FTX is Bankman-Fried. In addition, he manages assets through Alameda Research, a quantitative bitcoin trading company he and his brother formed in October 2017.
Forbes estimated Bankman-wealth Fried at $ 21 billion, placing him among the richest people to come out of the crypto market.
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Brian Armstrong of Coinbase
Real estate: $ 6.6 billion
Source: Coinbase
Coinbase’s CEO of bitcoin exchange is U.S. investor and CEO Brian Armstrong. His actions in banning political participation in the workplace changed the mind of the ban. Armstrong, Airbnb’s first software developer, and Fred Ehrsam was the first financial analyst to establish Coinbase in San Francisco in 2012.
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Gary Wang of FTX
Real estate: $ 5 billion
Source: FTX
FTX founder and chief technology officer Gary Wang, whose assets of $ 5.6 billion from his 16 percent stake in the company, is new to the list of cryptocurrency billionaires. The crypto exchange was launched in 2019 by Bankman-Fried and press-shy Wang, the cofounder and chief technology officer of FTX.
Wang owns more than $ 600 million in assets of FTT, the indigenous brand FTX, and a 16 percent stake in the company’s global operations. Wang worked as a software engineer at Google before joining the cryptocurrency business, where he helped found the online travel company Google Flights. He went to MIT to study math and computer science.
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Chris Larsen of Ripple
Real estate: $ 4.3 billion
Source: Ripple
Larsen is the former CEO and executive director of the popular crypto company Ripple. He is best known for founding Silicon Valley startups and serving as an angel publisher. It currently has a net worth of $ 6.7 billion. Many banks around the world prefer Ripple’s “real-time gross settlement mechanism,” which it is famous for.
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Cameron Winklevoss and Gemini
Real estate: $ 4 billion
Source: Bitcoin
Although he was the founder of the cryptocurrency exchange in New York in 2014, Cameron’s fortune comes from bitcoin. It is learned that due to legal disputes with Mark Zuckerberg, Cameron and his brother started the BTC market in 2012.
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Tyler Winklevoss of Gemini
Real estate: $ 4 billion
Source: Bitcoin
Cameron’s twin, Tyler Winklevoss, Gemini also formed with his brother. Gemini allows users to buy, sell, and manage digital assets. The New York crypto exchange process costs $ 83 million a day. The 40 -year -old Harvard education twin was arrested last year in an NFT scandal when they released = $ 1.2 billion Nifty Gateway platform accused of changing its marketing standards by photographer Amir . Soleymani in October 2021. Nifty Gateway told them Soleymani had $ 650,000.
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Son Chi-Hyung or Upbit
Real estate: $ 3.7 billion
Source: Upbit
Just three months since the start of October 2017, Chi-cryptocurrency Hyung’s Exchange UpBit has grown to become the largest in South Korea. At the end of 2017, the platform, which owns Son’s Dunamu, held about $ 4.7 billion in daily operations in one of the key markets for cryptocurrencies. Tens of millions of dollars were invested in the transfer by Kakao, South Korea’s most popular mail service. Now that Song is the class leader in Dunamu, she plans to travel the world. In addition, Upit has partnered with Bitrex on a pioneering crypto exchange
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Barry Silbert of the Digital Finance Group
Real estate: $ 3.2 billion
Source of assets: Digital Currency Group
The CEO and founder of Digital Currency Group (DCG), a group of five companies dedicated to cryptocurrencies, is Barry Silbert. Grayscale, a digital investment firm that manages $ 28 billion worth of Bitcoin, Ether, and other assets, is the main source of revenue for DCG.
Prior to entering the world of cryptocurrencies, Silbert worked as an investor and business. In 2015, he sold the Second Market stock market to Nasdaq for an unknown amount.
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Jed McCaleb of Ripple and Stellar
Real estate: $ 2.5 billion
Source: Ripple, Stellar
Jed McCaleb is a software engineer, entrepreneur, and philanthropist for the United States. Founded and serving as CTO for Stellar, McCaleb founded Ripple and held that position as CTO until 2013 before founding Stellar. McCaleb was credited with establishing Mt. Gox bitcoin exchange, the eDonkey and Overnet peer-to-peer network, and the eDonkey2000 software. According to a January 2018 claim, McCaleb had Ripple stocks sold at $ 20 billion, which puts him at 40th position on Forbes ’list of the world’s richest people.
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