Due to the volatile nature of cryptocurrency and the varying nature of their investments, determining the real value of cryptocurrency investors is a difficult task. However, there should be no doubt that a few of pioneers have made substantial sum from their crypto investments.
These are the most wealthy of them – in accordance with Forbes publication according to Forbes magazineand how they earned their wealth.
1 ‘Nakamoto’
The pseudonym is used by the creator of bitcoin. There’s plenty of speculation as to whom “Nakamoto” might be, or if it’s several people. In any case, it’s thought that he holds approximately one million bitcoins which is worth around $19 billion, making him among the wealthiest individuals in the world. Knowing about Bitcoin Up helps.
2 Chris Larsen
Chris Larsen made his crypto fortune by accumulating an estimated net worth of $7.5bn to $8 billion, leveraging cryptocurrency to be used by big banks. He is the co-founder and executive chairman of Ripple which is a blockchain technology. It’s an application for verifying and recording transactions for all types of assets as well as its own currency, XRP. The company has a long history of technology-backed winners as well as the first peer-to peer lending institution to be found in the US.
3 Joseph Lubin
Lubin is one of the Canadian pioneers of cryptocurrency platform Ethereum, Lubin is also the driving force behind ConsenSys which is a platform that helps to in the launch of cryptocurrency or spin-offs all over the world. Inspired by a groundbreaking paper composed by “Nakamoto” in the early days that paved the way for cryptocurrency Lubin was of the opinion in the idea that “shared infrastructure” could function as “an organizing principle for Earth, the world, the planet”. He is believed to have achieved a net worth in cryptocurrency that ranges from $1bn to $5bn.
4 Changpeng Zhao
The name is simply “CZ” to his friends and admirers, he established the world’s biggest cryptocurrency exchange, Binance, which now has over more than six million members. Binance introduced its own currency last year , called Binance coin (BNB) that runs using the Ethereum blockchain. CZ is believed to have built up crypto-wealth up to PS2bn in the wake of the announcement of Binance in the year 2017.
5 Cameron and Tyler Winklevoss
In the past, Olympic Games’ rowers famously were able to sue Mark Zuckerberg, claiming he copied the HavardConnection (now ConnectU) idea when he created Facebook. The $65m they won in the suit helped to finance their subsequent venture capital ventures which included bitcoin. Some time ago it was reported that they owned about 1 percent of all bitcoins in the world and that would place their cryptocurrency portfolio today at over $1 billion. The year 2015 saw the brothers established a cryptocurrency exchange, Gemini. They also have investments in various other cryptocurrency, such as the ether.
6 Matthew Roszak
Rosnak said he was the first to award bitcoins to Richard Branson and Bill Clinton. However, he is able to have the financial means to do so after having amassed a portfolio of about $1 billion. He was among the early adopters of cryptocurrency after he came on bitcoin in the year 2011. He was also a founding partner of Blockchain Capital’s initial venture fund Tally Capital, which currently invests in about 20 startups.
7 Anthony Diiorio
One of Ethereum’s founding members, Anthony Diiorio has been an advocate of the cryptocurrency revolution. His strategy is to incubate new cryptocurrency in their initial stage, then removing and reinvesting capital into new ones. Other ventures include Qtum, Vechain and Zcash. The net worth of his cryptocurrency is believed to be at least $1 billion.
8 Brian Armstrong
In the event that those who made the most gainers from the Gold Rush were the people who built the pickaxes as well as the shovels, it could be true for cryptos, and if that’s the case, then Armstrong is the top contender. The company he runs, Coinbase, remains the most well-known entry point for trading in cryptocurrency across the US. It was founded in 2012 and includes two major aspects: a brokerage which allows customers who are retail to purchase cryptocurrency with an account with a bank and an exchange that is available to bigger traders. The cryptocurrency net worth of the company is estimated at between $900m and $1 billion.
9 Brock Pierce
A former actor who was a child Brock Pierce founded venture capital firm Blockchain Capital (BCC) with Bart and Bradford Stephens in 2013. Blockchain Capital was the biggest ICO (initial coin offerings) in 2017, bringing about $700 million. The founder has recently left Blockchain Capital but has amassed a substantial amount of wealth through his Blockchain investments, a sum estimated to be in the range of $700m-$1bn.
Digital money decoded
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