The crypto boom has made those who founded successful coins very wealthy indeed.
\r\nChris Larsen
\r\nChris 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\nChangpeng \"CZ\" Zhao
\r\nThe 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\nVitalik Buterin
\r\nVitalik 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\nCharles Hoskinson
\r\nCharles 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\nDominik Schiener
\r\nDominik 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.
The blockchain industry has grown exponentially, disrupting traditional markets and creating new opportunities for innovation.
MoreThe UAE has amassed $40 billion in Bitcoin, solidifying its ambition to become a global cryptocurrency hub.
MoreAustralian Computer Scientist Craig Wright Found in Contempt by UK High Court
MoreIn 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