1. Changpeng Zhao
With a net worth of $65 billion, Binance founder and CEO Changpeng Zhao tops the list of cryptocurrency billionaires. He was the 19th richest person in the world as of March 2022. Binance, in which CZ owns 70% of the shares, is the main source of his wealth. In fact, Binance contributed to the facilitation of approximately two-thirds of the total trading volume on centralised exchanges in 2021.
Over $16 billion in estimated revenues were successfully registered by Binance. Furthermore, Changpeng Zhao owns a sizeable portion of Bitcoins in addition to an undisclosed amount of BNB, the native token of Binance. With plans for significant acquisitions, CZ can also remain on the list of crypto billionaires for a longer period of time. For instance,
2. Sam Bankman-Fried
The youngest crypto billionaire, at the age of 30, is the second person on the list. For the crypto-friendly environment, Sam Bankman-Fried relocated to the Bahamas in 2021. In addition, his cryptocurrency exchange, FTX, made over $400 million in January despite having a $32 billion valuation. The Ontario Teachers' Pension Plan Board, Thoma Bravo, a buyout firm, and the VC firm Sequoia are a few of the notable backers of the startup.
The value of the US operations has recently been estimated by investors at about $8 billion. Sam is one of the most well-known crypto billionaires at such a young age and declares himself to be an adherent of effective altruism. Sam Bankman-Fried has made a surprising promise to give
3. Brian Armstrong
Brian Armstrong is the next leading contender to be included on the list of top cryptocurrency billionaires. He is the CEO and founder of Coinbase, and he has a nearly $6.6 billion worth of assets. In an April 2021 public listing, Coinbase reached a valuation of $100 billion. Currently, the market capitalization is less than half of the initial value. Armstrong only owns a 19% stake in Coinbase, but it is still enough to propel him to third place on a list of the top crypto millionaires for 2022.
By requesting that no political conversation take place at work in 2022, Brian Armstrong also sparked a debate. He recently made the most expensive real estate purchase in the city when he paid $133 million for a Bel-Air mansion.
4. Gary Wang
Along with Sam Bankman-Fried, Gary Wang, the chief technology officer and co-founder of FTX, is a crucial part of the project. Sam and Steve Wang collaborated on the successful launch of FTX in 2019 despite Steve's dislike of the media. Wang is one of the wealthiest crypto billionaires, with a net worth of $5.9 billion, and a 16% ownership stake in FTX's global operations.
He also has FTT tokens, which are worth more than $600 million in total. Prior to entering the cryptocurrency world, Wang worked as a software engineer at Google on the online travel agency Google Flights. The MIT graduate in math and computer science has undoubtedly achieved success in the cryptocurrency sector.
5. Chris Larsen
Chris Larsen has demonstrated that age should never be a barrier to achieving financial success. Chris Larsen, the executive chairman and co-founder of Ripple, is 61 years old and has a $4.3 billion fortune. Right now, XRP, the native token of Ripple, is the eighth-largest cryptocurrency in the world. A well-known addition to the list of crypto billionaires is Chris Larsen because of the Securities and Exchange Commission's legal action brought against him.
According to the lawsuit, there were inconsistencies in the Ripple ICO and complaints about the sale of unregistered securities. Users may now trust Larsen and the Ripple network because they have publicly refuted the accusations. In addition, Larsen has partnered with environmental organisations. to introduce the "Change the Code.