Crypto Billionaires from Forbes

image.png

Image Source

While traditional investors can avoid raising taxes for a while, as the crypto industry grows, so too are the number of investors who have managed to reap good financial results and be rewarded for having believed early and worked for their expansion around the world.

In 2021, 12 crypto billionaires entered the Forbes list and this reflects how the ecosystem is evolving. The increase in users has led the owners of some exchanges and companies that facilitate crypto transactions to join the list and have benefited most from this increase in adoption.

It is important to note that they are professionals who have been in the market for some time and who have particular histories of very hard work. Let's meet some of them.

WINKLEVOSS BROTHERS

image.png

Through a lawsuit filed against the Fa cebook, in which they disputed with Mark Zucker berg for ownership of the social networking platform, former Olympic rowers and brothers Cameron Winklevoss and Tyler Winklevoss reached a $ 65 million deal . With the money, they bought Bitcoin in 2012 and built a $ 6 billion equity.

They are also owners of the exchange Gemini, whose volume has increased considerably in recent months, coming to process more than $ 200 million a day in transactions, and the digital art gallery Nifty Gateway.
Forbes position in the list: 1008

MICHAEL SAYLOR

image.png

The CEO of software company MicroStrategy made and lost a fortune during the first dot-com bubble burst.

Thanks to a timely purchase of Bitcoin, he now owns $ 2.3 billion. In October 2020, he revealed that he personally bought 17,732 Bitcoin for $ 175 million and throughout 2020 he directed Microstrategy's corporate coffers to buy Bitcoin.

Using company money and loans, he bought 70,784 Bitcoin for $ 1.1 billion.
Forbes position in the list: 1362

SAM BANKMAN-FRIED

image.png

At 29, founder of Alameda Research and the popular FTX derivatives exchange, Sam has a fortune of $ 8.7 billion and is the youngest billionaire in the crypto industry.

Graduated from MIT, is passionate about politics, donated $ 5 million to President Joe Biden's campaign.

In 2020, FTX acquired the cryptocurrency price tracking application Blockfolio for $ 150 million and in 2021 it partnered with the NBA basketball team, Miami Heat, whose stadium is now called the FTX arena.
Forbes position in the list: 274

MATTHEW ROSZAK

image.png

A longtime crypto-evangelist, Roszak is the president of Bloq, a blockchain infrastructure company that advises on projects such as helping banks store digital assets.

He discovered Bitcoin in 2011 and currently his investments in crypto are valued at $ 1.5 billion.
Forbes position in the list: 2035

BRIAN ARMSTRONG

image.png

CEO and co-founder of brokerage Coinbase, more than sixfold his fortune. In 2020, Armstrong had $ 1 billion that, thanks to the volume boom in the crypto market, today has turned into $ 6.5 billion.

Coinbase has established itself as the leading US exchange, registering more than 56 million users and generating more than $ 1.8 billion in revenue in the first quarter alone, in addition to being listed on Nasdaq.
Forbes position in the list: 40

TIM DRAPER

image.png

In 2014, Tim Draper bought $ 18.7 million in Bitcoin that was confiscated by the US Marshals, an agency of the U.S. Department of Justice, on the Silk Road black market.

These coins are now worth $ 1.5 billion.

Tim Draper is a founding partner of the venture capital firm Draper Fisher Jurvetson.
Forbes position in the list: 2035

FRED EHRSAM

image.png

Coinbase co-founder, along with Brian Arms trong, left the company in 2017, but his share as a board member is still 6%, which equates to $ 1.9 billion.

Position at Forbes: 1664

CHANGPENG ZHAO

image.png

Better known as CZ, the founder and CEO of Binance, which is currently the largest exchange in the world, owns about 30% of the company and has also benefited from the increased volume of the crypto industry. He currently has an estimated fortune of $ 1.9 billion.

Position at Forbes: 1664

BARRY SILBERT

image.png

Founder of Digital Currency Group (DCG), a conglomerate of which includes the news site CoinDesk and asset management company Grayscale, which controls $ 44 billion in Bitcoin, Ether and other assets, Barry has an estimated US equity $ 1.6 billion.

Position at Forbes: 1931

CHRIS LARSEN

image.png

Co-founder and president of Ripple Labs, in which he has a 17% stake, Larsen increased his fortune by $ 800 million as his company's XRP token soared in value.

Holder of more than 3 billion XRP tokens, he has a current net worth of $ 3.4 billion.
Position at Forbes: 891

JARED MCCALEB

image.png

Also a co-founder of Ripple, and active in the crypto market for many years, McCaleb has $ 2 billion in assets.

Owner of more than 3.4 billion XRP tokens, he also owns many Stellar Lumens (a token he created in 2014 after leaving Ripple due to a disagreement with his Ripple colleagues).

Position at Forbes: 1580

H2
H3
H4
3 columns
2 columns
1 column
1 Comment
Ecency