Cryptocurrency

Keep Up With The Joneses: Blockchain Statistics On Bitcoin Ownership (2022)

Businesses like Tesla and Apple include Cryptocurrency in their financial statements. Building limit of Bitcoin goods are once-sturdy financial institutions like BNY Mellon, the oldest bank in the country. The three-comma club in the sector expands along with the cryptocurrency market.

Compared to the previous year, there are now 12 crypto businessmen on the Forbes World’s Billionaires ranking. Investors, developers, and borrowers make up the group, which shows how the crypto environment is developing and who is being rewarded.Visit Bitcoin Superstar software for additional details.

5 Successful Cryptocurrency Billionaires And Their Clubs

#1 Changpeng Zhao

  • $55 billion in assets
  • Binance as a source of wealth
  • Nationality: Canadian

CZ, the CEO, and founder of Binance would be the 19th richest individual on the planet and the biggest cryptocurrency investor. According to Forbes, he possesses at least 70% of Binance, the most popular crypto exchange platform in the world.

#2 Sam Bankman-Fried

  • Total assets: $24 billion
  • Wealth Source: FTX
  • Citizenship: American

Investors in the business include the Ontario Workers’ Pension Scheme Board, the venture capital company Sequoia, privatization agency Thoma Bravo, and crypto VC firm Dimension. Shareholders reportedly placed an $8 billion value on FTX’s US businesses.

#3 Robert Armstrong

  • $6.6 billion in net value
  • Coinbase is the wealth’s source.
  • Citizenship: American

The CEO and creator of Coinbase listed the cryptocurrency exchange directly on the stock market in April 2021, valuing it at an astounding $100 billion. With his 19 percent ownership, Armstrong is now the third-richest crypto investor based on the market valuation, which is just around half that of its peak.

#4 Chris Larsen

  • $4.3 billion in net worth
  • Wealthy source: ripple
  • S. citizens

The Financial Services Authority has been suing Ripple since December 2020, alleging that its initial coin providing was an illegal offer and sale of unlicensed assets. Larsen has now become Ripple’s cofounder and executive director; the blockchain industry’s XRP crypto would be presented as the eighth-largest virtual currency.

#5 Tyler and Cameron Winklevoss

  • Each has a $4 billion net worth.
  • Bitcoin as a wealth source
  • Citizenship: American

The identical twins, who are most known for being Mark Zuckerberg’s college rivals, have transformed their $65 million agreement with Zuck into virtual currencies, accumulating crypto fortunes of about $4 billion each. The brothers started purchasing bitcoin in 2012 and since then have broadened their holdings in crypto assets by acquiring more bitcoins and founding the cryptocurrency exchange Gemini.

#6 Song Chi-Hyung

  • $3. 7 billion in net value
  • Upbit, the source of riches
  • Republic of South Korea

Chi-Hyung, the creator of Upbit, the largest cryptocurrency exchange in South Korea, has profited from the country’s burgeoning $46 billion cryptocurrency sector. He is said to own roughly 25% of Dunamu, the holding company of Upbit, which has been estimated at $17 billion as of November following Hybe, the management firm for the K-pop superstar BTS, acquiring a 2.5 percent share. Formerly, the American transistor behemoth Qualcomm owned 6% of Dunamu.

#7 Barry Silbert

  • $3.2 billion in net worth
  • Financial source: Digital Currency Group
  • Citizenship: American

Silbert, the creator of the asset manager Major Cryptocurrency Group, has grown into a diverse crypto multinational. His financial business owns CoinDesk, a well-known provider of cryptocurrency information and events, in addition to Grayscale, which oversees around $28 billion in digital assets.

#8 McCaleb, Jed

$2,5 billion in net value

Origin of wealth: ripple, stellar

Nationality: American

The majority of McCaleb’s wealth came from Ripple Technologies and XRP, the virtual currency initiative focused on payments that he cofounded in 2012. He founded Stellar, a bitcoin, and serves as its chief technical officer.

Conclusion

So, these were some of the top crypto billionaires of the year,who have reached an unimaginable rate of success out of which they could built tremendous wealth in the virtual currency and distributed ledgers sectors. These fortune makers have been formally announced by Forbes. The yearly Forbes list of bitcoin billionaires has been updated, and a considerable increase has been seen in the number of people who have made significant sums of money using cryptocurrencies.

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