Chris Larsen

The rise of the Crypto Billionaires: Meet the 5 richest people in the world

As the crypto industry matures, we are beginning to see a new class of super rich emerge – the Crypto Billionaires. These are the men and women who have made their fortunes by investing early in Bitcoin, Ethereum and other digital currencies.

What do Crypto Billionaires have in common?

For starters, they’ve all made a killing in the digital currency space. But beyond that, Crypto Billionaires have a few key traits that set them apart from the rest.

1. They’re early adopters

Crypto Billionaires were among the first to see the potential of digital currencies like Bitcoin and Ethereum. They invested early and reaped the rewards as the prices of these assets soared.

 

2. They’re risk takers

Crypto Billionaires are willing to put their money on the line in pursuit of profits. They’re not afraid of volatility or price fluctuations; instead, they see it as an opportunity to make even more money.

 

3. They’re smart investors

Crypto Billionaires know how to pick winners in the digital currency space. They’ve done their homework and invested in projects with sound fundamentals and strong teams.

 

4. They’re always learning

Crypto Billionaires are lifelong learners who are always looking for new opportunities. They’re constantly reading, researching, and attending events to stay ahead of the curve.

 

So there you have it – the top 5 Crypto Billionaires of 2022 according to Hurun Rich List. These individuals have made a fortune in the digital currency space and show no signs of slowing down.

If you’re looking to get involved in the cryptocurrency market, take inspiration from these leaders and start investing today!

 

Meet the 5 richest Crypto billionaires in the world:

Crypto billionaires have become a thing in recent years and it’s no surprise that they are included in the Hurun Rich list for 2022. These five crypto billionaires are sure to make an impact in the coming year.

  1. Chris Larsen – co-founder of Ripple, net worth: $59 billion
  2. Satoshi Nakamoto – creator of Bitcoin, net worth: $34 billion
  3. Joseph Lubin – co-founder of Ethereum, net worth: $19 billion
  4. Changpeng Zhao – founder of Binance, net worth: $15 billion
  5. Brian Armstrong – co-founder & CEO of Coinbase, net worth: $13 billion
  6. Matthew Mellon – early investor in Ripple, net worth: $8 billion

 

1. Chris Larsen

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Chris Larsen is the co-founder of Ripple, a digital payment network that enables instant, global money transfers. He is also one of the largest holders of Ripple’s native currency, XRP.

  • Larsen’s net worth is estimated to be $59 billion, making him the richest person in cryptocurrency.
  • Born in 1960, Larsen is a serial entrepreneur who has co-founded several companies, including e-Loan and Prosper Marketplace.
  • In 2012, he co-founded Ripple with Jed McCaleb and Arthur Britto. Ripple’s goal is to provide a global payments system that is faster, cheaper and more efficient than existing alternatives such as SWIFT.

Ripple has been largely successful in achieving its goals, and is now used by major banks and financial institutions around the world.

Larsen is a strong believer in the power of blockchain technology and has said that he believes it will have a “profound” impact on society.

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2. Satoshi Nakamoto

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Satoshi Nakamoto is the mysterious creator of the Bitcoin System, the world’s first and most famous cryptocurrency. Nakamoto’s identity has never been revealed, and it is unclear if he is a single person or a group of people.

What is known is that Nakamoto published a white paper in 2008 titled “Bitcoin: A Peer-to-Peer Electronic Cash System”, which laid out the groundwork for Bitcoin.

  • Nakamoto then released the Bitcoin software in 2009 and mined the first-ever block of Bitcoin ( known as the Genesis Block).
  • Since then, Nakamoto has disappeared from public view, and no one knows where he (or they) is (are) located. Rumors have circulated that Nakamoto may be living in Japan, but this has never been confirmed.
  • Whoever Nakamoto is, they are estimated to be worth billions of dollars due to their holdings of Bitcoin. However, they have never spent any of their Bitcoin, and no one knows if they ever will.

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3. Joseph Lubin

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Joseph Lubin is the co-founder of Ethereum, a decentralized platform that runs smart contracts. He is also the founder of ConsenSys, a blockchain software development studio.

  • Lubin’s net worth is estimated to be $19 billion, making him the second richest person in cryptocurrency.

Born in 1964, Lubin graduated from Princeton University with a degree in electrical engineering and computer science. He then went on to work as a software engineer for Goldman Sachs and Apple.

  • In 2014, Lubin co-founded Ethereum with Vitalik Buterin and others. Ethereum is a decentralized platform that runs smart contracts, which are programs that automatically execute themselves when certain conditions are met.
  • Ethereum has been hugely successful, and is now used by major corporations and organizations around the world.
  • Lubin is a strong believer in the power of blockchain technology and has said that he believes it will have a “transformative” impact on society.

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4. Changpeng Zhao

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As of 2021, Changpeng Zhao is the richest man in cryptocurrency with a net worth of over $2 billion. He is the founder and CEO of Binance, the world’s largest cryptocurrency exchange by trading volume.

  • Born in China in 1975, Zhao moved to Canada with his family at the age of 13.
  • He studied computer science at McGill University before starting his career in the tech industry.
  • In 2005, he founded Fusion Systems, a high-frequency trading software firm.
  • In 2013, Zhao became interested in bitcoin and blockchain technology.
  • He co-founded OKCoin, one of China’s first bitcoin exchanges, in 2014.
  • In 2017, he founded Binance, which quickly grew to become the world’s largest cryptocurrency exchange .

Zhao’s net worth has fluctuated greatly over the past few years, reaching a peak of over $15 billion in early 2018 before plunging to less than $2 billion in late 2018. However, his net worth has surged again in 2021 as the price of bitcoin and other cryptocurrencies has soared.

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5. Brian Armstrong

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Brian Armstrong is the co-founder and CEO of Coinbase, one of the world’s largest cryptocurrency exchanges. He is also a billionaire, with a net worth of over $1 billion as of 2021.

Armstrong was born in San Francisco in 1983. He studied economics at Rice University before starting his career in the tech industry. In 2010, he co-founded Airbnb, where he served as CTO for two years.

In 2012, Armstrong became interested in bitcoin and blockchain technology. He co-founded Coinbase in 2013, which quickly grew to become one of the world’s leading cryptocurrency exchanges. Armstrong has been credited with helping to bring cryptocurrencies into the mainstream.

In 2018, Armstrong was named one of Time magazine’s 100 most influential people. He has also been awarded the “CEO of the Year” award by Fortune magazine.

Author

  • He is the Chief Editor of n4gm. His passion is SEO, Online Marketing, and blogging. Sachin Sharma has been the lead Tech, Entertainment, and general news writer at N4GM since 2019. His passion for helping people in all aspects of online technicality flows the expert industry coverage he provides. In addition to writing for Technical issues, Sachin also provides content on Entertainment, Celebs, Healthcare and Travel etc... in n4gm.com.

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