Complete List Of Top 4 Cryptocurrency Billionaires In 2021
Did you know bitcoin prices briefly surpassed $60,000 per coin, indicating that they will continue to rise into 2021? And similar gains were seen in other tokens, taking the overall market capitalization of cryptocurrencies to over $1.5 trillion.
The bitcoin rally is now attracting the attention of large institutions. Bitcoin is also used in the financial statements of businesses such as Square and Tesla. Bitcoin, released in 2009, is now the world’s first and most popular blockchain-based cryptocurrency. Investors, builders, and issuers make up the Forbes community. The following are the net worths as of March 5, 2021.
1. Cameron Winklevoss, Tyler Winklevoss
Net Worth – $3 Billion Each
After prosecuting Facebook, the former Olympic rowers converted their $65 million payouts into personal fortunes of $3 billion each. The siblings started buying bitcoin in 2012. They’ve also acquired Nifty Gateway, a digital art auction website, and introduced Gemini, a cryptocurrency exchange.
In 2004, the Winklevoss brothers filed a lawsuit against Mark Zuckerberg, claiming that he stole their ConnectU concept and used it to launch the much more popular social networking site Facebook. Gemini, digital currency exchange and custodian where customers can buy, sell, and store digital properties, was created by Tyler and his brother Cameron in 2014. As a New York trust, it is controlled by the New York State Department of Financial Services.
2. Sam Bankman-Fried
Net Worth – $8.7 Billion
Bankman-Fried is the world’s richest cryptocurrency billionaire. The MIT graduate founded Alameda Research, a quantitative trading company, and FTX, a prominent derivatives exchange at 29. He made headlines in 2020 after donating $5 million to a super-PAC supporting Joe Biden’s presidential campaign.
3. Micheal Saylor
Net Worth – $2.3 Billion
MicroStrategy’s CEO made and lost a fortune during the first dot-com bubble. Saylor’s net Worth has risen to $2.3 billion due to his early acquisition of Bitcoin, which increased the value of his and his company’s shares. During MicroStrategy’s quarterly earnings conference call in July 2020, Saylor declared his intention to purchase Bitcoin, gold, or other alternative assets instead of cash. The following month, MicroStrategy spent $250 million of its cash reserve to buy 21,454 Bitcoins.
4. Brain Armstrong
Net Worth – $6.5 Billion
During the recent crypto investment boom, the wealth of Coinbase’s CEO and co-founder has more than quadrupled. Coinbase has developed itself as the most famous cryptocurrency exchange in the United States.