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2024
How the former head of the Binance exchange earned $3 billion in prison
In early October 2024, it became known that the founder and former CEO of the Binance cryptocurrency exchange Changpeng Zhao was able to earn at least $3 billion during imprisonment. According to Forbes, Zhao continues to build fortunes despite scandals and money laundering proceedings. Read more here.
The number of bitcoin millionaires in the world for the year increased by 111%. Now there are 85 thousand of them
As of June 30, 2024, there were 85,400 Bitcoin millionaires globally. This is 111% more than a year ago. Such data are given in the report of the consulting company Henley and Partners, published at the end of August 2024.
The study says that by the end of June 2024, there were 156 people in the world with a bitcoin state exceeding $100 million. The number of such strata has doubled over the year. At the same time, the number of bitcoin billionaires rose by 83%, reaching 11 people. In total, about 275 million users own bitcoins worldwide, and the total value of these assets reaches $1.2 trillion (plus 103% per year).
If we consider the cryptocurrency market as a whole, the number of cryptomillionaires by the end of June 2024 rose to 172,300 people, an increase of 95% on an annualized basis. The number of people whose fortune in cryptocurrencies exceeds $100 million has risen year on year by 79% - to 325. Another 28 people have a crypto state exceeding $1 billion - plus 27% on an annualized basis. In general, the number of owners of various cryptocurrencies in the world increased by 32% over the year, reaching 560 million. The value of their assets is estimated at $2.3 trillion, which is 89% more than in mid-2023.
Analysts call the increase in the price of bitcoin one of the factors in the rapid growth in the cost of crypto assets. For the year (from August 27, 2023 to August 27, 2024), it rose by 142% - from $26,100 to $63,100. Against this background, the number of bitcoin millionaires is also growing. According to Forbes, the richest crypto billionaire (for the third year in a row) is Changpeng Zhao, founder and former CEO of the Binance cryptocurrency exchange, whose fortune is estimated at $33 billion.[1]
10 richest cryptocurrency billionaires named
By mid-2024, the richest crypto billionaire in the world is Changpeng Zhao - the creator and former CEO of the cryptocurrency exchange. Binance Despite legal difficulties and allegations of money laundering, he was able to increase his fortune to approximately $33 billion against $10.5 billion in 2023. The bulk of Zhao's capital is a stake in Binance. This is stated in the Forbes rating, published in early April 2024.
In second place in the list of the richest cryptocurrency businessmen is Brian Armstrong, co-founder and CEO of Coinbase. Shares of this cryptocurrency exchange rose by 50% during the first months of 2024 and more than tripled in price compared to 2023, as a result of which its market capitalization amounted to almost $60 billion. As a result, Armstrong's fortune increased to $11.2 billion.
Giancarlo Devasini, CFO and largest shareholder of Tether, closes the top three cryptocurrency fatosums. The platform has more than 100 billion tokens in circulation and profits from high interest rates on customer collateral. Devasini's capital is estimated at $9.2 billion.
In addition, the top 10 richest cryptocurrency billionaires globally include:
· Michael Sailor (MicroStrategy, Bitcoin) - $4.4 billion;
· Paolo Ardoino (Tether) - $3.9 billion;
· Jean-Louis van der Velde (Tether) - also about $3.9 billion;
· Chris Larsen (Ripple, XRP) - $3.2 billion;
· Fred Ersam (Coinbase, Paradigm) - also approximately $3.2 billion;
· Matthew Roszak (Bitcoin, Ethereum ) - $3.1 billion;
· Jed McCaleb (Stellar, Ripple) - $2.9 billion
According to Forbes, at least 17 people became crypto billionaires in 2024, compared with nine in 2023. Their combined fortune is estimated at about 93 billion.[2]
2023
Famous American cryptomillionaire brutally killed
On August 12, 2023, the remains of 41-year-old cryptocurrency millionaire Christian Peev, who had disappeared a few days before, were found in a sewer in one of the residential buildings of the Bulgarian capital Sofia. Read more here.
Dismembered corpse of Spanish cryptomillionaire found in Argentina
On August 1, 2023, it became known that the remains of the Spanish cryptomillionaire Fernando Perez Algaba were discovered in Argentina. His body was dismembered and dumped into the river. Read more here.
2022
The fortune of crypto billionaires decreased by $116 billion
On December 24, 2022, Forbes magazine reported that the combined fortune of the 17 richest crypto billionaires in the world since the beginning of the year has collapsed by $116 billion. Moreover, some of them completely went bankrupt, while others lost their previous status.
In March 2022, according to Forbes estimates, Changpeng Zhao, founder and CEO of one of the largest cryptocurrency exchanges Binance, was at the top of the rating: then his fortune was estimated at $65 billion. And in December 2022, its capital was $4.5 billion. One of the reasons for such a sharp drop was the collapse of the FTX trading platform. Its founder, Sam Banckman-Fried, went bankrupt: the fortune collapsed from $24 billion to zero. Another FTX co-founder, Gary Wang, also lost his crypto billionaire status: he lost all of his $5.9 billion he owned in March 2022.
The fortune of Brian Armstrong, CEO of one of the largest cryptocurrency exchanges, Coinbase has quadrupled from March to December 2022 - from $6 billion to $1.5 billion. Chris Larsen, co-founder and chairman of the board of the cryptocurrency platform Ripple for payment systems, lost more than $2 billion: his capital decreased from $4.3 billion to $2.1 billion. Brothers Cameron and (Tyler Winklevossy Cameron Winklevoss and Tyler Winklevoss), who founded the cryptocurrency exchange, Gemini said goodbye to most of the fortune: it decreased from $4 billion to $1.1 billion for each. Barry Silbert, head of the Digital Currency Group crypto conglomerate, has completely lost $3.2 billion.
As noted, a total of ten people from the Forbes rating lost the status of crypto billionaires. These are the three bankrupt, as well as seven other people, whose fortune now varies from $550 million to $800 million.[3]
Changpeng Zhao is the richest man on the planet in the crypto sector ($96 billion)
In January 2022 Changpeng Zhao , he became the richest man on the planet among those whose work is connected with. cryptocurrencies The fortune of the founder and CEO of the cryptocurrency exchange Binance is estimated at $96 billion. More. here
2021
Bitcoin billionaire Mircea Popescu found dead on the beach
At the end of June 2021, it became known about the death of cryptocurrency billionaire Mircea Popescu. According to preliminary data, a 41-year-old investor drowned in the Pacific Ocean on the coast of Costa Rica. Read more here.
Ranking of wealthy people who made hundreds of millions from cryptocurrency
On January 11, 2021, Forbes magazine published a rating of the richest people who made their fortune thanks to cryptocurrencies. Some of the participants in the list have become much richer thanks to the growth of the bitcoin exchange rate.
- Cameron and Tyler Winklevoss (the value of cryptocurrency assets is $1.4 billion each). The twins sued Mark Zuckerberg for a long time that he allegedly stole the idea of Facebook from them, and when they won compensation from him of $65 million, they invested it in bitcoins and have not been sold since then. It is believed that the Winklevoss brothers own about 1% of all bitcoins in the world.
- Matthew Roszak ($1.2 billion) bought bitcoins in 2012. He participated in the very first public proposals of cryptocurrency, after which he began to actively invest in other cryptocurrency projects and projects related to blockchain. Roszak said that he presented his first bitcoins to Richard Branson and Bill Clinton.
- Tim Draper ($1.1 billion) in 2014 bought 29 thousand bitcoins confiscated by US marshals on the closed black market Silk Road. He paid $18.7 million for them.
- Michael Sailor ($600 million) - CFO of analytical firm MicroStrategy. Spent about $175 million of personal funds on the purchase of 17.7 thousand bitcoins. In 2020, he convinced his colleagues to invest more than $1.1 billion in cryptocurrencies.
- Mike Novogratz ($478 million) in 2013 invested $7 million in bitcoins, used these assets as initial capital of Galaxy Investment Partners. Galaxy crypto assets are estimated at $621 million, Mr. Novograts owns 77% of the company. The valuation does not include a cryptocurrency he can own in person.
- Vitalik Buterin ($360 million) is the creator of the second most popular cryptocurrency Ethereum. Its capitalization is estimated at $123 billion. By January 2021, Buterin owns more than 333 thousand ether tokens with a total value of about $360 million, a year earlier they cost $45 million.[4]
2018: First cryptocurrency rich rating
In February 2018, the magazine Forbes published the first rating of cryptocurrency rich. The 24-year-old inventor was on the list. cryptocurrencies Ethereum Vitalik Buterin
Observers gave the first place among businessmen who made a fortune thanks to cryptocurrencies to the founder of the cryptocurrency platform Ripple Chris Larsen, whose fortune was estimated at $7.5-8 billion. The businessman owns about 5.2 billion XRP tokens issued by Ripple, the exchange value of each of which is approximately $0.7 (as of February 7).
In second position is Joseph Lubin, one of the creators of Ethereum, with a capital of $1 billion to $5 billion. The third place was taken by the founder of the cryptocurrency exchange Binance Changpeng Zhao (Changpeng Zhao; $1.1-2 billion).
The authors of the rating explain the indication of the approximate range of states of the listed millionaires by the fact that the cryptocurrency market is opaque and characterized by high volatility.
 | Our calculations are based on data on the reserves of cryptocurrencies, profits after taxes in trading crypto assets and on their shares in companies that are related to cryptocurrencies... We are almost sure that we missed some people and some of our estimates are approximate, - the newspaper notes. |  |
Vitalik Buterin, a native of Russia, who grew up in Canada, got to the 17th line of the rating. According to Forbes, his fortune is estimated at $400-500 million. Co-founder of BitFury, which produces mining equipment, a native of the USSR Valery Vavilov took 13th position ($500-700 million). Earlier, Buterin was included in the list of the most successful entrepreneurs under the age of 30 according to Forbes.
Brothers Tyler and Cameron Winklevoss, who sued $65 million in 2008 for the idea of Facebook from Mark Zuckerberg, occupy the fourth line with $0.9-1.1 billion. Earlier, the British edition of the Telegraph named the brothers the world's first bitcoin billionaires.[5]
2017: The first bitcoin billionaires
In early December 2017, it became known about the first billionaires who received their fortune thanks to investments in bitcoin. They turned out to be brothers Tyler and Cameron Winklevoss (Tyler and Cameron Winklevoss). Read more here.
Notes
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