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Introduction
A recent survey that was published by Forbes revealed that the wealthiest crypto billionaires have emerged in recent years. There are currently 19 billionaires worldwide who can directly attribute their wealth to the blockchain and digital currencies. Bitcoin and BitIQ org have seen a meteoric rise in popularity over the past year worldwide. Let's take a look at some of the richest individuals in the world as well as the businesses that they've established.
1. Changpeng Zhao
Changpeng Zhao, CEO of a bitcoin trading platform, has the largest cryptocurrency wealth. He was born in Canada, and it is reported that he currently has a fortune of $65 billion. According to Forbes, Changpeng Zhao is now tied for 19th place among the wealthiest persons in the world. The cryptocurrency mogul, who is 44 years old, has control over at least 70 percent of Binance. The bitcoin platform made a profit of more than $16 billion in 2017 after processing more than two-thirds of the activity that occurred on centralized exchanges that year. Bitcoin-prime is one of crypto apps.
2. Sam Bankman-Fried
Bankman-Fried, who hails from the United States, is currently the second-wealthiest crypto millionaire in the world. The entrepreneur, who is only 30 years old, has moved his cryptocurrency exchange, FTX, from Hong Kong to the Bahamas, which has a friendlier business environment. When it successfully secured $400 million in January, his company's valuation was determined to be $32 billion at that time.
3. Brian Armstrong
Another top wealthy billionaire on the list of crypto billionaires is Brian Armstrong, the 39-year-old CEO and founder of Coinbase. Armstrong is a crypto billionaire. The American citizen billionaire had a net worth of $6.6 billion when he publicly announced his exchange in 2021, and it was valued at $100 billion at the time. Because of his 19% stake in Coinbase, he is also the third wealthiest person in the bitcoin sector.
4. Gary Wang
Wang is the Chief Technology Officer (CTO) of FTX, which he also helped to create. In 2019, they jointly launched the cryptocurrency exchange operation with Bankman-Fried. With an ownership holding of sixteen percent in FTX, Wang is considered a member of the company's minority ownership.
6.Chris Larsen
Coming in at number five on the list of bitcoin billionaires is Chris Larsen, who is the co-founder and executive chairman of the blockchain business Ripple. Chris Larsen is also known as "Chris." Larsen, who is a citizen of the United States and is 61 years old, has amassed a net worth of $4.3 billion over the course of his life. His company, Ripples, is currently engaged in the process of defending itself against allegations made by the SEC. Ripple's initial coin offering (ICO) is being accused of constituting an illegal sale of unregistered securities within the context of this case.
6 & 7. Cameron Winklevoss and Tyler Winklevoss
Cameron and Tyler Winklevoss, two brothers, are the most recent crypto millionaires to reach billionaire status. They are each worth a total of four billion dollars. In addition to their work on the cryptocurrency exchange Gemini, the identical twins also own the online auction house Nifty Gateway. Cameron and Tyler Winklevoss, twin brothers, have made significant investments in the cryptocurrency market since they were awarded a $65 million settlement from Mark Zuckerberg, the CEO of Facebook.
8. Song Chi-Hyung
He is responsible for founding the cryptocurrency exchange known as Upbit, today's most prominent one in South Korea. There have been rumors that he controls 25 percent of Dunamu, the parent company of Upbit. If these rumors were true, he would have access to $17 billion.
9. Barry Silbert
The following person on the list is also American and has a net worth of $3.2 billion; his name is Barry Silbert. It was him who conceptualized and launched the Digital Currency Group. Silbert has also established himself as the leader of the diversified cryptocurrency business.
10. Jed McCaleb
McCaleb was born in the United States of America, which is also his present home country. It is estimated that he possesses approximately $2.5 billion worth of money. Ripple Labs, a cryptocurrency project that focuses on payments, was co-founded by the millionaire in 2012, and the firm's initial token, XRP, was introduced then. In 2013, McCaleb decided to walk away from the project due to a disagreement with Larsen and the rest of the team.
Conclusion
The market has an enormous amount of untapped potential, as demonstrated by a recent study by Forbes on bitcoin billionaires. Additionally, it shows the vast sums of money that may be made with cryptocurrencies.