With the era of technology moving forward, the world has witnessed millionaires growing up after the rain and interestingly many individuals have managed to generate wealth through the crypto world.
This article will share the 7 latest crypto millionaires who have forged a name and are listed in the Forbes 400 with a total accumulated wealth of around $ 55.1 billion.
Half of that wealth, about $ 22.5 billion, belongs to just one individual, the CEO of crypto exchange platform, 29-year-old Sam Bankman-Fried.
Within 2 years, Bank-man Fried managed to build the largest leading trading platform by processing daily volumes reaching $ 13.8 billion!
A newcomer to the chart, Coinbase CEO Brian Armstrong with his exchange platform made an appearance in July with the largest ‘direct listing’ in history at $ 86 billion.
In addition, Winklevoss twins Cameron and Tyler Winklevoss, who are no strangers to the crypto world, are the owners of the crypto exchange platform, Gemini, which is seen as a competitor to Coinbase, also carved a name in the chart list.
Not left behind to be in the richest group of cryptocurrencies is the previous co-founder (Co-founder) of Coinbase, Fred Ehrsam. He left Coinbase in 2017, but is still on the company’s board by leading crypto investment company, Paradigm.
Next, the previous Co-founder of Ripple, Jed McCaleb who is the Co-founder and also Chief Technology Officer (CTO) of Stellar is also in the group.
They have joined the footsteps of another Ripple Co-founder Chris Larsen who had already made an appearance on the listing last year with a fortune of $ 2.7 billion. The value of his current wealth this year is estimated to have increased to $ 6 billion.
The list of individuals who have managed to generate wealth in crypto is expected to continue to grow in the short term after crypto trading and investment began to become a phenomenon in recent years.
The following is a brief list of the richest crypto individuals in 2021 listed in the Forbes 400 in order of wealth value as of 2021.
Sam Bankman-Fried-Founder of FTX
Wealth Value: $ 22.5 Billion
Brian Armstrong - Founder of Coinbase
Wealth Value: $ 11.5 Billion
Chris Larsen - Co -Founder and Chairman of Ripple
Wealth Value: $ 6 Billion
Cameron & Tyler Winklevoss - Founders of Gemini
Wealth Value: $ 4.3 Billion (per person)
Fred Ehrsam - Co -Founder of Paradigm
Wealth Value: $ 3.5 Billion
Jed McCaleb - Stellar Co -Founder
Wealth Value: $ 3 Billion
