Many people believe Bitcoin to be one of the most popular digital currencies ever. It was only inevitable that the game-changing cryptocurrency generated such a diverse field of billionaires after its meteoric ascent since its introduction in 2009, which put billions of dollars up for grabs for almost anybody.
There was only Bitcoin back then, and now there are over a thousand cryptocurrencies on the market. As years go by, the development of many cryptocurrencies resulted from several institutions and business leaders acknowledging their potential. And today’s crypto billionaires can attest to the fact that the crypto environment is indeed changing.
In April 2021, Forbes posted their annual list of billionaires—introducing 2021’s 12 crypto tycoons who were divided into “early investors,” “infrastructure builders,” and “coin issuers.” The following paragraphs in this article will present the top 6 crypto billionaires who made it into the list. Let us start with…
Sam Bankman-Fried
Infrastructure Builder
Over-all Rank: 274th
Net Worth: $8.7 billion
He is the 29-year-old founder and CEO of Alameda Research, a quantitative crypto trading business, and a Forbes billionaire newbie. Sam is now the world’s richest cryptocurrency billionaire. With an estimated net worth of $8.7 billion, the CEO of the FTX cryptocurrency exchange jumps to 274th place.
With his derivatives exchange FTX, he has been making waves in the sector for the past year. FTX has exploded in popularity to the point that it now has one of the most significant acquisitions in 2021. In August 2020, FTX paid $150 million for Blockfolio, a cryptocurrency price tracking application.
Brian Armstrong
Infrastructure Builder
Over-all Rank: 404th
Net Worth: $6.5 billion
Armstrong is the CEO of Coinbase, North America’s most popular cryptocurrency exchange. According to the most recent statistics, his net worth has risen to $6.5 billion, from $1 billion in 2020.
Following excellent success in Q1 of 2021, Coinbase just announced that the company would go public. In the first quarter, the firm had 56 million users and made $1.8 billion in sales.
Chris Larsen
Coin Issuer
Over-all Rank: 891st
Net Worth: $3.4 billion
Once more, the co-founder of Ripple Labs is on the Forbes list. Larsen first made the billionaire list in 2019 after the price of XRP skyrocketed. Despite being valued at $800 million more than the previous year, Larsen has slipped down the list from last year.
Larsen is the third-richest cryptocurrency billionaire in the world, with a net worth of $3.4 billion. With a 17% ownership in Ripple Labs, the creator presently owns almost 3 billion XRP coins.
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Winklevoss Twins
Early Investors
Over-all Rank: 1008th
Net Worth: $3 billion each
Following the success of their cryptocurrency exchange Gemini, Cameron and Tyler Winklevoss made the Forbes list for the first time. The volume has increased substantially over the previous year, similar to other cryptocurrency exchanges.
Trades on the Gemini market are currently more than $200 million every day. The twins each have a $3 billion net worth. Since 2012, the brothers have started buying Bitcoin and the NFT platform Nifty Gateway. Playboy recently announced that its own NFT art collection would be available on the site.
Michael Saylor
Early Investor
Over-all Rank: 1362nd
Net Worth: $2.3 billion
Saylor is the CEO of software firm MicroStrategy, and he has been buying Bitcoin with every penny he can get his hands on—which seemed the risk paid off nicely. With a new net worth of $2.3 billion, Saylor makes his debut appearance on the Forbes list. The rise in Bitcoin price over the previous six months may be ascribed to Saylor’s fast rise in net worth.
Jed McCaleb
Coin Issuer
Over-all Rank: 1580th
Net Worth: $2 billion
He is the co-founder of Ripple and now the founder of Stellar, with over 3.4 billion XRP coins in his possession. He has been active in the crypto sector for a long time. In addition, he has over a billion XLM tokens. With a total net worth of $2 billion, McCaleb is a newbie to the list.
Other crypto tycoons include Changpeng Zao and Fred Ehrsam (1664th), Barry Silbert (1931st), Tim Draper (2035th), and Matthew Roszak (also in the 2035th).
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