All of us wants to be rich by one way or another, there are people who became rich through real estate, banking, malls, technology etc. But this day I want to share with you the list of people who became BILLIONAIRE because of cryptocurrency in the span of 5 years.
As Forbes magazine says
In the world of cryptocurrency, fortunes can be made overnight, and the winners of this digital lottery differ from those
in previous manias. The shadowy beginnings, at once anarchistic, utopian and libertarian, have drawn an odd lot of
pioneers—from antiestablishment cypherpunks and electricity-guzzling “miners” to prescient Silicon Valley financiers
and a larger-than-usual assortment of the just plain lucky “hodlers,” the typo-inspired crypto jargon for “buy-and-hold”
investors."
Given this universe’s opaqueness and hyper-volatility, we’re presenting our first-ever list of the richest people in cryptocurrency in net-worth estimates in ranges. We based our numbers on estimated holdings of cryptocurrencies (a few provided proof), post-tax profits from trading crypto-assets and stakes in crypto-related businesses, and locked in our estimates using prices on Jan. 19, 2018.
Forbes 2018 List of the Crypto Richest:
1 Chris Larsen, Co-founder of Ripple: $7.5 to $8 billion
2 Joseph Lubin, Co-founder of Ethereum: $1 billion to $1.5 billion
3 Changpeng Zhao, CEO of Binance: $1.1 billion to $2 billion
4 Cameron and Tyler Winklevoss, Co-founders of Gemini: $900 million to $1.1 billion
5 Matthew Mellon, Individual investor: $900 million to $1 billion
6 Brian Armstrong, CEO of Coinbase: $900 million to $1 billion
7 Matthew Roszak, Co-founder of Bloq: $900 million to $1 billion
8 Anthony Di Iorio, Co-founder of Ethereum: $750 million to $1 billion
9 Brock Pierce, Chairman of Bitcoin Foundation: $700 million to $1 billion
10 Michael Novogratz, CEO of Galaxy Digital: $700 million to $1 billion
11Brendan Blumer, CEO of Block.one: $600 million to $700 million
12 Dan Larimer, CTO in Block.one: $600 million to $700 million
13 Valery Vavilov, CEO of Bitfury: $500 million to $700 million
14 Charles Hoskinson, Co-founder of Ethereum and IOHK : $500 million to $600 million
15 Brad Garlinghouse, CEO of Ripple: $400 million to $500 million
16 Barry Silbert, CEO of Digital Currency Group: $400 million to $500 million
17 Vitalik Buterin, Creator of Ethereum: $400 million to $500 million
18 Tim Drapper
19 Song Chi-Hyung
Read more: Cryptocurrency Billionaire Rankings: The Richest People In Crypto | Investopedia https://www.investopedia.com/news/forbes-releases-first-ever-cryptocurrency-billionaire-rankings/#ixzz56Ys2sJXN
It’s a near certainty that we’ve missed some people and that some of our estimates are wide of the mark. But this was equally true when we launched the first Forbes 400 list of the wealthiest Americans in 1982. At the time, many people said we couldn’t—or shouldn’t—publish. We did so anyway, firm in the belief that we made the world a better place by shining a light on the invisible rich. And we believe this report on crypto wealth accomplishes the same goal, as Forbes Editor Randall Lane explains in his editor’s letter. Fortunes of this magnitude should never be allowed to lurk in the shadows.
HOW TO BE PART OF CRYPTO BILLIONARE?
The Forbes “Richest People in Cryptocurrency” list is broken up into five categories: “idealists, builders, opportunists, infrastructure players and establishment investors.” In order to make the Forbes list, one must have accrued over $350 million.
Instead of static numbers, the net worths of the people on the list are listed in ranges, calculated based on the “estimated holdings of cryptocurrencies (a few provided proof), post-tax profits from trading crypto-assets and stakes in crypto-related businesses.” Forbes acknowledges that they could have left some people off the list and that their estimates may be “wide of the mark.”
Crytocurrency is very promising, many people are engaging in this kind of business, years from now the number of people who became billionaire will increase. Hope we could see our names their.
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