Cryptocurrency industry, leading cryptocurrency of bitcoin After seeing $64,000, it fell sharply.
Although this decline affected individual investors hard, it seems that whales, especially with big names, were not affected as hard as it was thought.
The entry of 6 new crypto money investors to the Forbes 400 list this year sums up the situation exactly.
Those on the Forbes 400 list have a combined fortune of $55.1 billion, of which $22.5 billion is owned by a single name. Sam Bankman Fried, CEO of the FTX cryptocurrency exchange, is absolutely jaw-dropping with his $22.5 billion fortune.
Newly Enlisted Crypto Billionaires
Coinbase CEO Brian Armstrong is among the names to make the list for the first time. Armstrong debuted as a billionaire after Coinbase was publicly listed.
Following this, important names such as the founders of Coinbase’s competitor Gemini cryptocurrency exchange, brothers Cameron and Tyler Wiknlevoss, Coinbase co-founder Fred Ehrsam, Ripple co-founder Jed McCaleb entered the list for the first time.
These names were joined by Ripple co-founder Chris Larsen, who has a net worth of $2.7 billion last year and $6 billion this year.
Cryptocurrency companies such as Ripple, Kraken, Circle, BlockFi, and eToro have also announced that they may be going public soon, and new crypto billionaires may soon be added to the Forbes 400 list.