3X as many crypto figures make it onto Forbes 2021 billionaires record as final 12 months



Forbes launched their annual billionaires record on April 6, with Amazon overlord Jeff Bezos and his $177 billion topping the record for a fourth consecutive 12 months.

The “digital gold rush” has seen nine new crypto billionaires be a part of the Forbes record, pushing the overall as much as 12 (relying on whether or not you depend the Winklevoss twins as one or two entries.) That is up from simply 4 in final 12 months’s Forbes World’s Billionaires record

Sam Bankman-Fried – Newcomer

Sam Bankman-Fried is the wealthiest crypto-billionaire, with a internet value of $8.7 billion. Bankman-Fried based buying and selling agency Alameda Analysis and in style derivatives trade FTX. The 29-year outdated has made waves within the crypto house, with FTX just lately successful the naming rights to Miami Heat’s home stadium for 19 years. Cointelegraph just lately ranked Bankman-Fried because the third most influential determine in crypto for 2020.

The Winklevoss Twins – Newcomers

Cameron and Tyler Winklevoss have a internet value of $Three billion every and began investing in Bitcoin in 2012. The brothers famously sued Fb’s Mark Zuckerberg for IP theft in 2004 and received a $65 million settlement which they used to put money into Bitcoin. They began the crypto trade Gemini in 2014, they usually bought Nifty Gateway in November 2019.

Chris Larsen – Returnee

Larsen, the co-founder of Ripple Labs noticed his internet value develop from $2.6 billion to $3.Four billion over the previous 12 months.

Larson and Ripple CEO Brad Garlinghouse have been combating an ongoing dispute with the SEC in relation to XRP and unregistered securities choices. Nonetheless, the SEC’s lawsuit against Ripple hasn’t appeared to have an effect on its token too badly, with XRP growing by 387% within the final 12 months.

Jed McCaleb – Newcomer

McCaleb is one other co-founder of Ripple, and reportedly holds 3.Four billion XRP and 1 billion Stellar Lumens — the cryptocurrency he based after leaving Ripple — together with his holdings including as much as a internet value of $2 billion. Cointelegraph reported that McCaleb sold off $400 million worth of his XRP holdings in 2020 alone.

Michael Saylor – Newcomer

Saylor is the CEO of listed firm MicroStrategy and co-founded the software program large in 1989, and now has a internet value of $2.Three billion. Saylor has turn into the main advocate for companies holding Bitcoin on stability sheets. Since its first buy of Bitcoin in August 2020, Microstrategy has invested $2.226 billion, taking its tally as much as 91,579 Bitcoins at a mean price of $24,311 per Bitcoin.

Mind Armstrong – Returnee

Armstrong is the CEO and co-founder of Coinbase and his internet value has gone from $1 billion to $6.5 billion inside 12 months. Coinbase additionally had a profitable 12 months, producing $1 billion in income, and it is set for a direct itemizing in every week. That can worth Armstrong’s shares someplace north of $14B, which means he might nicely prime the crypto billionaires’ record subsequent 12 months.

Fred Ersham – Newcomer

Ersham co-founded Coinbase with Brian Armstrong in 2012 and left the agency in 2017. He’s now a board member of the corporate, and his 6% stake has an estimated value of $1.9 billion.

Changpeng Zhao

Zhao is the founding father of the most important crypto trade Binance and owns an estimated 30% stake within the firm. Zhao’s internet value is $1.9 billion, and the digital gold rush has been good to the Binance founder, with Binance Coin changing into the second-largest altcoin by market cap. Zhao revealed earlier this week that he holds near 100% of his portfolio in crypto.

Matthew Roszak – Newcomer

Roszak is the Chairman and co-founder of blockchain expertise agency Bloq and is a number one crypto and blockchain investor. Roszak can be a founding member of Tally Capital a crypto-focused non-public funding agency and has a internet value of $1.5 billion.

Tim Draper – Newcomer

Draper is a crypto evangelist with a internet value of $1.5 billion. He purchased $18.7 million value of Bitcoin in 2014 after it was confiscated from the Silk Road black market. Draper was additionally one of many major buyers within the Tezos mission and co-founded Draper Fisher Jurvetson, a number one funding agency in early-stage tech startups.

Barry Silbert – Newcomer

Silbert based the crypto conglomerate Digital Forex Group in 2015 and has a internet value of $1.6 billion. The DCG owns asset administration agency Grayscale Bitcoin Belief, which presently has $46 billion worth of assets under management.