The rising acceptance of cryptocurrencies in popular society has resulted in an increase in the number of crypto millionaires in recent years. Changpeng “CZ” Zhao, the CEO of cryptocurrency exchange Binance, recently become the world’s youngest billionaire, with an estimated net worth of $96.5 billion. So that you have a better understanding, his net worth has now surpassed that of Oracle founder Larry Ellison and Indian businessman Mukesh Ambani. It is worth noting that Changpeng “CZ” Zhao is not the first crypto millionaire to have emerged in recent years. Among those who have benefited from the cryptocurrency boom are Coinbase founder Brian Armstronng and a slew of other individuals whose net worth has skyrocketed to an unprecedented level. The following are the world’s top ten wealthiest cryptocurrency billionaires.
Richest Crypto Billionaires in the World
1. Changpeng Zhao – $96 Billion
An entrepreneur from China and Canada, Changpeng Zhao is a co-founder of Binance – the world’s most popular cryptocurrency exchange. Zhao is projected to be worth an estimated $96 billion by Bloomberg Billionaires Index, surpassing Mark Zuckerberg and Larry Page. This fortune does not include his personal crypto holdings, which is quite concerning. Since Changpeng Zhao was expelled from China, Binance has continued to rise in value, despite the recent falls in cryptocurrency prices.
2. Satoshi Nakamoto – $46 Billion
One of the most difficult challenges of the last decade has been figuring out who Satoshi Nakamoto was. In the digital era, the originator of Bitcoin is still a mystery to this day. The bitcoin whitepaper was written by Satoshi Nakamoto, who created and authored it. Satoshi Nakamoto is believed to be worth $46 billion, making him the 15th richest person in the world, based on the value of his crypto assets, which range from 750,000 to 1.1 million BTC. Even though Satoshi Nakamoto’s name remains a mystery, he is one of the world’s richest crypto millionaires.
3. Sam Bankman-Fried – $22.5 Billion
In just four years, Sam Bankman-Fried, a well-known effective altruist, amassed a $22.5 billion fortune. A Bahamian-based cryptocurrency exchange platform, FTX, is the brainchild of the founder of this individual. It is his opinion that Solana, rather than Ethereum, is the superior choice because of its intentions for broad adoption. Also, at the age of 29, Sam Bankman-Fried is the second-youngest person in the Forbes 400, after Mark Zuckerberg.
4. Brian Armstrong – $9.6 Billion
Brian Armstrong, who co-founded Coinbase with Fred Ehrsam, is in charge of the largest bitcoin enterprise in the United States. Brian is a native of California and a graduate of Rice University, where he studied computer technology and economics for his undergraduate degree. As a software engineer, he’s had positions at IBM and Airbnb. After reading the Satoshi Nakamoto white papers, Brian Armstrong became interested in Bitcoin. Fred Ehrsam and he co-founded Coinbase in 2012 to make it easier for Bitcoin aficionados to exchange their digital currency. Coinbase is valued at $9.6 billion, and he now holds a 19 percent share in the company.
5. Michael Saylor – $6 Billion
Michael Saylor is a successful entrepreneur and investor with a slew of patents to his name. A few years ago, he became famous for investing large sums of money in Bitcoins. It’s estimated that he has a net worth of $1.1 billion, or 17,732 bitcoins. At a cost of $250 million in 2020, MicroStrategy bought 21,454 bitcoins and is now adding to its collection. The corporation now possesses 122,478 bitcoins, which are worth $6 billion at the current price of crypto assets.
6. Cameron and Tyler Winklevoss – $6 Billion
It was revealed in 2013 that Tyler and Cameron Winklevoss have about $11 million in bitcoins. For as little as $10 per coin, it was proposed that the twins could buy bitcoin. The bitcoin price has risen to an all-time high of $58,000, putting the twins’ total net worth at almost $6 million.
7. Joseph Lubin – $5 Billion
In addition to founding and co-founding multiple firms, Joseph Lubin is a blockchain technology specialist with ties to both Canada and the US. ConsenSys, an Ethereum blockchain development firm founded by Lubin, is also his brainchild. After reading Satoshi Nakamoto’s Bitcoin, Lubin has always been a fervent believer in the evolution of blockchain technology. The estimated net worth of Joseph Lubin is $5 billion.
8. Fred Ehrsam – $3.5 Billion
Although he departed Coinbase in 2017, Fred Erhsam is the head of the bitcoin investment business Paradigm, which he co-founded. A board member of Coinbase, Fred Ehrsam, has an estimated $1.9 billion investment in the firm, notwithstanding his departure. At Duke University, the 34-year-old man majored in computer science and minored in economics, graduating with honors. At $3.5 billion, he is one of the richest crypto billionaires in the world, having worked as a foreign currency trader at Goldman Sachs.
9. Micree Zhan – $3.2 Billion
In 2019, Forbes listed Micree Zhan as the 9th wealthiest self-made billionaire. At one time, he was the richest bitcoin billionaire in the world. Chinese cryptocurrency mining giant Bitmain Technologies was founded by Micree Zhan and Jihan Wu. Micree Zhan is the firm’s top shareholder despite being booted out in 2019 following a long-running power dispute with Jihan Wu.
10. Jed McCaleb – $2 Billion
Ripple, Stellar, and the Mt. Gox bitcoin exchange were all founded by Jed McCaleb, a pioneer in the blockchain area. After he sold Mt. Gox in 2011, before it was attacked, he founded the first big Bitcoin exchange, Bitfinex. Having left Ripple in 2014 because of differences, he launched Stellar in 2015. Stellar’s main competitor, Ripple, has shown to be a useful tool for facilitating international payments. His share in Ripple was valued at $20 billion as of January 2018, making him one of the world’s wealthiest persons.