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$4.7 billion
- After deducting $1.3 billion of his assets that have been frozen, Forbes estimates his net worth at $4.7 billion.
www.forbes.com/sites/giacomotognini/2021/10/05/meet-the-44-newcomers-joining-the-forbes-400-list-of-americas-richest-people/Meet The 44 Newcomers Joining The Forbes 400 List Of America ...
- Changpeng Zhao
- Sam Bankman-Fried
- Brian Armstrong
- Gary Wang
- Chris Larsen
- Cameron Winklevoss and Tyler Winklevoss
- Song Chi-Hyung
- Barry Silbert
- Jed Mccaleb
- Nikil Viswanathan and Joseph Lau
Citizenship: Canada
Crypto’s richest person, Binance founder and CEO “CZ” is the 19th richest person in the world. Forbes estimates that he owns at least 70% of Binance, the leading global platform for crypto trading. Last year, the company reportedly facilitated about two-thirds of all trading volume handled by centralized changes, generating estimated revenue north of $16 billion. Based on those estimates, Forbes has raised its evaluation of CZ’s wealth from $1.9 billion last year. The 44-year-old also holds a...
Citizenship: U.S.
The 30-year-old moved from Hong Kong to the more crypto-friendly Bahamas in late 2021 alongside his exchange FTX, which raised $400 million in January at a $32 billion valuation. The startup’s backers include crypto VC shop Paradigm (headed by Coinbase founder Fred Ehrsam, another crypto billionaire), venture capital firm Sequoia, buyout firm Thoma Bravo and the Ontario Teachers' Pension Plan Board. FTX’s U.S. operations were also recently valued by investors, at $8 billion. A professed adher...
Citizenship: U.S.
The CEO and founder of Coinbase took the crypto exchange public through a direct listing in April 2021 at a stunning $100 billion valuation. Its market capitalization is about half that today, still good enough to make Armstrong–with his 19% stake–the third wealthiest person in crypto. A recognizable figure for his plain T-shirts and bald pate, Armstrong raised eyebrows in 2020 after demanding his employees to refrain from political discussion at work. In January, the 39-year-old dropped $133...
Citizenship: U.S.
The cofounder and chief technology officer of FTX, the press-shy Wang launched the crypto exchange with Bankman-Fried in 2019. Wang holds a 16% stake in FTX’s global business and over $600 million worth FTT, the native token of FTX. Before going into crypto, Wang was a software engineer at Google, where he helped build online booking platform Google Flights. He studied math and computer science at MIT.
Citizenship: U.S
The cofounder and executive chairman of blockchain company Ripple, whose XRP token is currently the 8th largest cryptocurrency, Larsen has kept busy fighting against a Securities and Exchange Commission lawsuit–first filedin December 2020–that alleges Ripple’s initial coin offering was an unlawful offer and sale of unregistered securities. Still winding its way through federal courts, the case is perceived by many crypto watchers as a landmark one for future token sales. Larsen and Ripple hav...
Citizenship: U.S.
The twin brothers–best known as Mark Zuckerberg’s college nemeses (as immortalized in Hollywood film The Social Network)–have turned their $65 million settlement with Zuck into digital gold, amassing crypto fortunes of roughly $4 billion apiece. The siblings, who began buying bitcoin in 2012, have since diversified their digital assets portfolios, acquiring other cryptocurrencies and launching crypto exchange Gemini. The duo also own digital art auction platform Nifty Gateway, a beneficiary o...
Citizenship: South Korea
The founder of South Korea’s leading crypto exchange, Upbit, Chi-hyung has cashed inon South Korea’s booming, $46 billion crypto market. He’s estimated to own about a quarter of Upbit’s parent company, Dunamu, which was valued at $17 billion last November when Hybe, the agency behind K-pop sensation BTS, bought a 2.5% stake. Qualcomm, the U.S. semiconductor giant, previously held 6% of Dunamu.
Citizenship: U.S.
The founder of investment group Digital Currency Group, Silbert has built a diversified crypto conglomerate. His investment firm controls Grayscale, which manages some $28 billion of crypto assets, as well as CoinDesk, a popular crypto news and events company. Through numerous subsidiaries, Silbert’s DCG has invested in more than 200 crypto startups. Prior to crypto, Silbert was an investment banker and entrepreneur who sold stock trading platform Second Market to Nasdaq in 2015 for an undisc...
Citizenship: U.S.
McCaleb made most of his fortune from Ripple Labs and XRP, the payments-focused cryptocurrency project he cofounded in 2012; McCaleb left the project in 2013 after a falling out with Larsen and other team members. Since then, McCaleb has sold much of his XRP in periodic increments, adhering to a 2014 separation agreement he struck with Ripple Labs. He’s the founder and chief technology officer of cryptocurrency Stellar.
Citizenship: U.S.
The cofounders of blockchain decacorn Alchemy, Viswanathan and Lau first met in 2011 at Stanford while serving as TAs for a computer science class; they have since built over 10 products together. Their first hit, meetup app Down To Lunch, was briefly the Apple App Store’s top social networking app in April 2016. After discovering crypto, the duo started Alchemy in 2017 as a toolkit for blockchain entrepreneurs and developers. Today, Alchemy is a leading development platform for Web3 applicat...
- John Hyatt
- Bernard Arnault & family. $194.8 B 72 France.
- Jeff Bezos. $193.4 B 57 United States.
- Elon Musk. $153.2 B 49 United States.
- Bill Gates. $126.8 B 65 United States.
Apr 2, 2022 · We took those numbers and then used Forbes’ real-time net worth rankings to update the list as of April 2, 2022. So, who are the biggest ballers — the billionaires — in the Keystone State?
2 days ago · The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. Details about the calculations are provided in the net worth analysis on each billionaire’s profile page.
Oct 5, 2021 · The aggregate wealth of The Forbes 400 reached a record-breaking $4.5 trillion, and the minimum net worth needed to make the cut for this year’s list rose to a record high of $2.9 billion,...
Oct 5, 2023 · All seven Bay Staters who made the list increased their wealth in the past year. According to Forbes, the nation’s super-rich lost a collective $500 billion in 2022.
