In the latest Forbes billionaires list for 2020, there are four names of cryptocurrency enthusiasts. The full list includes the names of 2095 billionaires, or 58 less than a year ago. The highest ranked cryptocurrency supporter is Bitmain co-founder Micree Zhan. His fortune is estimated at USD 3.3 billion, making him 690 on the list.
According to Forbs, Amazon president Jeff Bezos ranks honorable first with a fortune of $ 113 billion. He was followed by Microsoft co-founder Bill Gates and the owner of LVMH Bernard Arnault and the American investor Warren Buffett. The full list is available here.
The presence on the list of four representatives from the cryptocurrency industry confirms the good condition of the market in times dominated by the coronavirus epidemic.
Micree Zhan – fortune: $ 3.3 billion
The former co-founder of the Chinese giant Bitmain, which produces professional cryptocurrency excavators, once again occupies the highest place among all listed representatives of the cryptocurrency industry. The value of the 41-year-old’s assets is estimated at USD 3.3 billion. As a result of internal disputes, Zhan was removed from Bitmain in 2019.
In 2019, Bloomberg classified Zhana as the 9th richest billionaire in the world up to 40 years old, at that time Zhana’s assets were valued at USD 5.2 billion.
Chris Larsen – fortune: $ 2.6 billion
Co-founder of Ripple was ranked 890. American assets are valued at $ 2.6 billion. In December 2016, Larsen resigned as CEO of Ripple, but remained its president.
Jihan Wu – $ 1.8 billion
Another co-founder of Bitmain Technologies, Jihan Wu is still the president. In February 2019, he was also a co-founder of the Matrixport startup of crypto-financial services. According to the latest information, Wu owns about 20% of Bitmain shares, which is definitely less than Zhan (36% shares).
He is an avid supporter Bitcoin Cash, hard FORK Bitcoin created in 2017, which recently “celebrated” its first Halving.
Brian Armstrong – fortune: $ 1 billion
Brian Armstrong is the CEO of Coinbase, the largest cryptocurrency exchanges in the USA, with headquarters in San Francisco. Coinbase was founded in June 2012 by Brian Armstrong and Fred Ehrams. In 2018, Armstrong criticized the cryptocurrency community on Twitter for “spamming the network” of Bitcoin transactions, causing additional and unnecessary network load.
Interestingly, the list is missing Changpenga Zhao, CEO one of the world’s largest cryptocurrency exchanges: Binance.
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