Forbes has recently published the list of 2095 billionaires from different parts of the world. It turns out that 4 of them owe it to cryptocurrencies. Who they are, the cryptocurrency billionaires?
As for the overall Forbes rating, the first places have been occupied by the same people. Sometimes, they change places for a while. Jeff Bezos, the king of e-commerce and the owner of Amazon, has been leading the rating for years, with 113 billion dollars in assets. Bill Gates comes next with 98 billion dollars. Bernard Arnault is number 3 with 76 billion dollars. By the way, he owns such brands as Louis Vuitton and Hennessy.
The next richest people of the world are Warren Buffett (Berkshire Hathaway), Larry Ellison (Oracle), Amancio Ortega (Zara), Mark Zuckerberg (Facebook), and the Walton family (Walmart).
Cryptocurrency Billionaires
It turns out that the world's richest cryptocurrency billionaires actually made their fortunes because they happened to be among the first investors when cryptocurrencies like Bitcoin used to be cheap as dirt. They believed in this technology and reaped the benefits later on when Bitcoin grew from a couple of cents per coin all the way up to thousands of dollars per coin. Their collective fortune is currently estimated at around 8,6 billion dollars (1,17 million BTC).
Jihan Wu and Micree Zhan founded Bitmain Technologies i 2013 and later monopolized the "mining industry". They made the entire crypto-mining industry dependent on their products, the so called ASIC miner chips. This is an Apple from the world of crypto-mining. The two billionaires own 1,8 billion dollars and 3,2 billion dollars respectively.
Chris Larsen, founder of Ripple, is the second richest crypto-billionaire with 2,6 billion dollars. He is number 804 in the Forbes rankings.
Brayan Armstrong, he is the 4th richest crypto-billionaire with 1 billion dollars in assets. He is the founder of the Coinbase exchange, which is the biggest cryptocurrency exchange in the United States.
Alex Bobrov
Alex Bobrov