With the crypto economy having a market capitalization of $2 trillion, the bullish trends seemed to seldom affect the bigshot crypto investors. If you are losing hope with the sporadic price shifts in digital currencies, you are indeed in need of some motivation. Wondering how? Here's a list of the top 10 crypto billionaires in 2023 and their success stories to give you a ray of hope.
The CEO of Binance, a popular crypto trading platform, walked into the Bitcoin exchange through a poker game. Following this, Champeng Zhao traded his apartment for Bitcoin in the year 2014. He has not stopped exploring the potential of Bitcoin since then, which led him to establish Binance.
With a net worth of $ 4.5 billion, Zhao is one of the leading faces in the Bitcoin exchange. His power to understand market volatility and deep insights into crypto investments not only established him as one of the crypto billionaires but also took Binance to great heights, fetching its revenue of several billion dollars.
With a market worth of $2.7 billion, Brian Armstrong, the founder of CoinBase, is the next bigshot Bitcoin billionaire in the world. Initially a software engineer and later a Bitcoin enthusiast, Brian left his job at Airbnb to set up Coinbase in 2012.
With his aim to set up a "global open financial system," his company reached new heights, bagging a market worth $17.08 billion. It would be wrong to claim Brian Armstrong as a Bitcoin billionaire alone. Instead, he is a true influencer, paving the way for retail investors to explore the digital market through Coinbase.
Whenever you feel setting up a company can take several years, turn to Song Chi-Hyung's success story. The founder of Dunamu, currently known as Upbit, a popular crypto exchange platform, established the company in 2017.
In 3 months, the company not just became the top crypto exchange platform in South Korea but also witnessed a whopping revenue of $1.73 trillion. No wonder his market worth, as calculated by Forbes, is $3.7 billion.
It has been comparatively difficult for McCaleb to establish and make a mark for himself in the digital market. The founder of Mt. Gox reportedly had to sell off the exchange platform in 2013 following a series of financial losses. However, that did not stop McCaleb from establishing future ventures and digging out the potential of Bitcoin.
His venture Stellar in 2014, followed by Astera Institute, not just fetched an exorbitant amount of revenue but also pushed the market worth of McCaleb higher. Jed currently holds 3.4 billion XRP and enjoys a market worth of $2.4 billion.
Sam can be considered one of the wealthiest crypto billionaires, with a market worth of $24 billion. The founder of FTX took the exchange platform to an All-Time-High through his dedicated efforts, making it one of the rare crypto exchange platforms with a market capitalization of $ 32 billion.
A friend and colleague of Bankman, Wang, cofounded FTX with Bankman in 2019. A former engineer at Google, Wang now owns a 16% stake at FTX. The MIT graduate also owns FTT worth $600 million, the native currency of FTX. According to the latest reports published by Forbes, Wang has a market worth of $5.9 billion.
The Ripple co-founder and executive chairman, Chris Larsen, currently has a market worth of 4.3 Billion. His Bitcoin enthusiasm and passion made Ripple's currency, XRP, the 8th largest cryptocurrency in the world. However, Chris has also been struggling through testing times, fighting against the allegations against Ripple's initial coin offering. His dedicated nature is, however, sure to brush off all the accusations against the company and its initial token.
The Bitcoin enthusiast is, however, not just aiming to expand his company. Instead, he is also an environmental activist, committed to fighting for the cause of climate change. As a result, he has launched campaigns to ensure a reduced carbon footprint in the Bitcoin community.
The twin brothers and the founder so Gemini, a crypto exchange platform, has a market worth $4 billion each. Their interest in Bitcoin began as early as 2012, and the brothers have collectively diversified their digital assets since then.
With their passion for exploring and expanding the digital currency market, the Winklevoss brothers also own a digital art platform popularly called the Nifty Gateway.
The U.S.-based Bitcoin enthusiast Barry Silbert is also the owner of the Digital Currency Group. The firm reportedly manages crypto payments and assets worth $ 28 billion through Grayscale. Earlier, an entrepreneur and a stock trader, Silbert, founded DCG to invest in various crypto assets and firms.
With the aim to popularize digital payments, DCG now invests in 200 startups, fetching Silbert a market worth of 3.2 billion.
The now buddies Nikil and Joseph first met at Stanford, and their partnership has never failed since then. Starting from developing Down to Lunch, the top social networking site on Apple Store, to 10 other products, Nikil and Joseph has taken the digital world by storm. Their latest establishment, Alchemy, is yet another addition to their unique creations.
Alchemy is currently one of the most well-known platforms used for developing Web3 applications, along with OpenSea and Kyber. Needless to say, the two friends have a market worth of $2.4 billion each.