12 new cryptocurrency billionaires added to Forbes list

On March 13th, 2021, Bitcoin reached a record high of $61,711.87. Over the past year, the bitcoin surge has handsomely rewarded cryptocurrency owners. It has recently also minted 12 new crypto billionaires.

Twelve cryptocurrency billionaires were added to the 35th Annual World’s Billionaires List by Forbes. The list is up from just four in the previous year. As per Forbes, the count of wealthiest people worldwide exploded to an outstanding 2,755. This is 660 more than last year. Up from $8 trillion on the last year’s list, altogether they’re worth $13.1 trillion.

Forbes has 3 groups when it comes to crypto billionaires: builders, investors and issuers. Besides the Winklevoss twins (Cameron Winklevoss and Tyler), the investor’s group includes Michael Saylor, CEO and co-founder of MicroStrategy.

As of March 5th 2021, the net worth of the early investors, the twins is $3 billion each, according to Forbes. On the other hand, Michael Saylor has a net worth of $2.3 billion. Furthermore, he collected 91,579 bitcoins that he bought for $2.226 billion.

The list of early crypto investors who became billionaires last year includes names like Matthew Roszak, chairman of a blockchain infrastructure company named Bloq. It has a net worth of $1.5 billion. Another name who joined the list is Tim Draper, a venture capitalist in Silicon Valley. He bought bitcoins worth $18.7 million in 2014.

Amongst the billionaires, next are Brian Armstrong and Sam Bankman-Fried. Ranking at the 274th place as the richest person in the world, Fried holds a crypto worth of $8.7 billion. Armstrong founded the Coinbase exchange and is the 2nd wealthiest crypto billionaire. He holds crypto assets worth $6.5 billion.

Amongst others, Changpeng Zhao owns assets worth $19 billion and Fred Ehrsam has a net worth of $1.9 billion. Barry Silbert holds a net worth of $1.6 billion. Next, Jed McCaleb and Chris Larsen have assets worth $2 billion and $3.4 billion respectively.

 

Author: Diksha Khiatani

A writer by day and a reader at night. Emerging from an Engineering background, Diksha is a travel freak and anxious to explore different cultures and religions. Inclined towards the off-beat places, she wishes to uncover the secrets on her Scooty (if possible). She always grabs some time to take a quick nap, listen to music, skating and eat a brownie.

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