List of Top 10 Richest Crypto Billionaires in the World, Worth, Company and How Much Lost Since Bitcoin Crash

List of Top 10 Richest Crypto Billionaires in the World, Worth, Company and How Much Lost Since Bitcoin Crash

  • In the last eight months, crypto billionaires have seen their wealth amassed so quickly vanish as quickly as they were made
  • In fact, between January Ist 2022 to Wednesday, July 13, the seven crypto billionaires have watched over $100 billion whipped out of their wealth
  • While they are optimistic about rebounding stronger, the market looks to be worsening, suggesting that further losses are on the way

These are not the best time for cryptocurrency investors, more so for those who have amassed a huge fortune from it.

In a few years little, known tech enthusiasts became some of the most powerful men in the world after raking billions of dollars selling their digital assets.

In Forbes's 2022 richest billionaires list, 19 of the names listed all made their money from cryptocurrency.

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List of richest crypto billionaires in the world
Changpeng Zhao Binance founder is the richest Credit: Binance
Source: Facebook

Top of the list is Changpeng Zhao, Sam Bankman-Fried, and Brian Armstrong– all are at the helm of cryptocurrency exchanges.

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According to the Bloomberg report, seven crypto billionaires were worth as much as US$145 billion on Nov. 9, when Bitcoin reached a record high of almost $69,000.

Fast forward six months later, the seven billionaires' fortunes tied to crypto have since lost a combined $114 billion.

For instance, Changpeng Zhao Crypto’s richest person, Binance founder and CEO “CZ” as of 31 March 2022, was worth $64.5 billion and was sitting comfortably as the 19th richest man in the world.

Bloomberg billionaire index for as at Wednesday, 13 July shows his worth has dropped to $19 billion, and he has fallen to 76th which, 13 places behind Aliko Dangote at 63rd.

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Forbes top 10 richest crypto and blockchain billionaires in the world 2022

While most of them have seen their fortune drop massively, here are Forbes 10 richest crypto billionaires

NameSource of WealthWorth according to forbes
Changpeng ZhaoBinance$65 billion
Sam Bankman-Fried FTX$24 billion
Brian ArmstrongCoinbase$6.6 billion
Chris LarsenRipple $4.3 billion
Cameron Winklevoss and Tyler WinklevossBitcoin$4 billion each
Song Chi-hyungUpbit$3.7 billion
Barry SilbertDigital Currency Group$3.2 billion
Jed McCalebRipple, Stellar$2.5 billion
Nikil Viswanathan and Joseph LauAlchemy$2.4 billion each
Devin Finzer and Alex AtallahOpenSea $2.2 billion

Dangote jumps 35 places on rich list as world’s richest woman tops Zuckerberg

In another report, Africa's richest man Aliko Dangote in the last six months, have jumped 35 places on the billionaire rich list.

Compared to most billionaires since the start of the war in Ukraine has added to his wealth.

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Zuckerberg, who has seen his wealth plummet in recent months, has now fallen behind the world's richest woman.

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.