BITCOIN
5 Crypto Founders Who Are Insanely Wealthy

2018-04-08 21:40:08
by Dominic Brown
img
5 Crypto Founders Who Are Insanely Wealthy

The crypto boom has made those who founded successful coins very wealthy indeed.

\r\n

Chris Larsen

\r\n

Chris Larsen, co-founder of Ripple is known as the ‘richest man in crypto’ and with good reason. Larsen’s wealth is estimated to be around $60 billion. Larsen has stepped down from his position within Ripple. However, he still serves on the board of directors as an executive chairman.

\r\n

Changpeng \"CZ\" Zhao

\r\n

The story of Changpeng \"CZ\" Zhao’s and the cryptocurrency he founded is almost too incredible to believe. Having founded the Binance exchange and the BNB coin, Zhao experienced phenomenal success. Within 180 days, Binance had become the largest exchange in the world, and Zhao became a billionaire, with an estimated net worth of between $1 and $2 billion.

\r\n

Vitalik Buterin

\r\n

Vitalik Buterin is one of the key minds behind the development of Ethereum, the 2nd most popular cryptocurrency in the world. The success of Ethereum means that Buterin’s wealth is now estimated to be around $500 million.

\r\n

Charles Hoskinson

\r\n

Charles Hoskinson was a co-founder of Ethereum. However, a boardroom dispute with Vitalik Buterin about the direction the cryptocurrency should go during development led to Hoskinson’s departure from the company. Hoskinson went on to found IOHK, the company behind Cardano, a blockchain and smart contract platform and cryptocurrency. Hoskinson’s net worth is estimated to be around $500 million.

\r\n

Dominik Schiener

\r\n

Dominik Schiener cofounded IOTA, a cryptocurrency which was developed to complement the Internet of Things. Since its 2015 launch, IOTA has become the 11th largest cryptocurrency by market cap, earning Schiener around $300-400 million.

Similar News
img
NEWS
How SEW Capital Unlocks Funding Potential for Blockchain Startups
2025-01-16 15:52:13 | by Scan Team

The blockchain industry has grown exponentially, disrupting traditional markets and creating new opportunities for innovation.

More
img
NEWS
UAE's $40 Billion Bitcoin Hoard: Crypto Hub of the Future!
2024-12-28 17:24:29 | by Scan Team

The UAE has amassed $40 billion in Bitcoin, solidifying its ambition to become a global cryptocurrency hub.

More
img
NEWS
Craig Wright sentenced to 12 months in prison, suspended for two years
2024-12-26 16:56:13 | by Scan Team

Australian Computer Scientist Craig Wright Found in Contempt by UK High Court

More
img
NEWS
MicroStrategy Expands Bitcoin Holdings to 444,262 BTC Amid Equity Sales Concerns
2024-12-25 18:12:53 | by Scan Team

In a bold move reinforcing its commitment to cryptocurrency, MicroStrategy announced the acquisition of 5,262 bitcoins for $561 million, elevating its total Bitcoin holdings to an impressive 444,262 BTC, valued at approximately $42.1 billion.

More