Coinbase CEO tops the list of crypto billionaires

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Forbes has compiled a list of the wealthiest representatives of the cryptocurrency business in 2020. It was headed by Coinbase CEO Brian Armstrong with $ 6.5 billion, followed by FTX head Sam Bankman-Freed with $ 4.5 billion and Ripple co-founder Chris Larsen with $ 2.9 billion.

In its calculations, the magazine took into account not only the value of digital assets, but also shares in companies associated with the persons involved and traditional assets.

Also in the ranking were:

  • MicroStrategy CEO Michael Sailor – $ 2 billion;
  • CEO Binance Changpeng “CZ” Zhao – $ 1.9 billion;
  • the founders of Gemini, the Winklevoss brothers – $ 1.6 billion each;
  • Barry Silbert, founder of Digital Currency Group – $ 1.5 billion;
  • Jed McCaleb, co-founder and former CTO of Ripple – $ 1.4 billion;
  • venture capitalist Tim Draper – $ 1.1 billion;
  • Bloq co-founder Matthew Roszak – $ 1 billion
  • At the end of 2019, even before the current Bitcoin records, Changpeng Zhao estimated his fortune at more than $ 2 billion.

In January, Forbes unveiled a list of millionaires who got rich on the rise of cryptocurrencies.

Earlier, seven representatives of the cryptocurrency industry were included in the list of the most promising young entrepreneurs in finance from Forbes.

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