As you know billionaires are those people whose assets are worth a billion dollars or pounds. The crypto billionaires are those people who earn and develop their business using crypto currency. Today there are more than 18,000 crypto currencies in the world. The crypto currencies are like your own form of money. The money is designed by the company. And only the company has rights to make alterations to this currency. However, the value of the crypto currency is determined by the market. Let us now discuss the top crypto billionaires who reached their top position using crypto currencies.
Changpeng is a Canadian. His net worth is 65 billion USD. His source of wealth is Binance. He is the richest crypto person in the world. The net worth of his company is 16 billion USD. Changpeng also holds a few shares in Bitcoin and also in BNB.
Sam Bankman-Fried (Frauder/scamer)
The net worth of Sam is 24 billion USD. He is the second richest crypto person in the world. He is from the US and owns a company called FTX. Sam is basically from Hong Kong. He moved to the US in 2021. He owns 50% of shares in FTX. He also owns 7 billion USD of FTT.
Brian is a US citizen. His net worth is 6.6 billion USD. He is the third richest crypto billionaire in the world. His source of wealth is Coinbase. Armstrong is known for his bald plate and plain, simple T-shirts. He was recently in news for raising voices against the European Union crypto legislation. The world governments are trying to bring crypto currencies under a framework. According to them, the crypto currencies will create huge impact on the world currencies. This is because these currencies are controlled by a single company.
Gary Wang is from the US. His net worth is 5.9 billion USD. His source of wealth is FTX. FTX is also owned by Sam Bankman. While Sam holds 50% of FTX shares, Wang holds 16%. Wang was a software engineer at Google before entering the crypto business. He is from MIT. He studied computer science and math here.
Chris Larsen is the co-founder of the block chain company Ripple. The XRP token of the company is now the eighth largest crypto currency in the world. Chris Larsen is quite popular for the Securities and Exchange Commission Lawsuit. The lawsuit was first filed in 2020 and is still ongoing. The entire crypto world sees the case as a landmark for the future crypto world. The net worth of Chris Larsen is 4.3 billion USD. He is a US citizen. Ripple is his source of wealth.
Cameron Winklevoss and Tyler Winklevoss
The twin brothers are US citizens. Their net worth is 4 billion USD. Their source of wealth is bit coin. The siblings started off by buying bit coins. They have now diversified their digital portfolios and have acquired several other crypto currencies.