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Bitcoin boom made more billionaires in the cryptocurrency industry, according to Forbes' 35th list, which annually highlights the richest people in the world
4/19/2021 | Essay
The warming up of the cryptocurrency market has contributed to adding to Forbes' list of billionaires. In addition to bitcoin , the rise in altcoins and the growth of the NFTs market meant that 12 entrepreneurs in the sector (nine more than in 2020) became part of the list of the world's richest people.
Check out who are the names in the cryptocurrency industry featured on Forbes' 35th billionaire list , released on April 6, with equity data for March 5.
Known for the lawsuit against Facebook, in which they made a $ 65 million deal, brothers Cameron Winklevoss and Tyler Winklevoss started investing in bitcoin in 2012. With that, they transformed the equity into $ 3 billion for each one.
In addition, they created the cryptocurrency exchange Gemini and purchased the digital art auction platform Nifty Gateway.
With equity of $ 2.3 billion, MicroStrategy's CEO made his fortune from buying bitcoin before the price boom.
With equity of $ 1.5 billion, investor in blockchain infrastructure company Bloq and investor in cryptocurrency startups, also joined the Forbes 2021 list.
In 2014, the investor bought $ 18.7 million in bitcoins from the United States government, which had been confiscated by the U.S. Department of Justice agency. Today, the coins are worth $ 1.5 billion.
FTX founder Sam Bankman-Fried's net worth exceeds $ 8.7 billion. In 2020, he was famous for his $ 5 million millionaire donation to Joe Biden's campaign.
In 2020, Armstrong had $ 1 billion. Today, with equity of $ 6.5 billion, the co-founder of brokerage Coinbase has more than sixfold his fortune amid the boom in cryptocurrency investments.
Also co-founder of Coinbase, Ehrsam left the company in 2017, but remains a board member. New to the Forbs list, its 6% stake is worth about $ 1.9 billion.
The founder of Binance, which owns about 30% of the company, returned to the list this year, with an estimated fortune of US $ 1.9 billion.
Founder of the Digital Currency Group (DCG), a conglomerate that includes the cryptocurrency news site CoinDesk and asset management company Grayscale, Silbert joined the Forbes list this year, with an estimated net worth of $ 1.6 billion.
With equity of R $ 3.4 billion, the co-founder and president of Ripple increased his fortune by US $ 800 million (compared to 2020), following the surge in XRP token prices .
Another co-founder of Ripple, McCaleb is new to the Forbes list, with $ 2 billion worth of XRPs and stellar lumens (the currency he created after leaving Ripple).
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