The world has been experiencing a wave of digital currency. The trend for digital currency has grown a lot in the past couple of years.
People all over the world have been investing in cryptocurrency for the past couple of years. Today, it has become one of the most valuable assets to trade.
While many have become rich by investing in an initial lot of digital currency, here are some men who have become billionaires thanks to the trade.
These are the seven richest crypto billionaires in the world in 2022,
1. Changpeng Zhao
Net worth: $65 billion
Source of wealth: Binance
Binance founder and CEO, Changpeng Zhao, is Crypto’s richest person. Binance is the world’s largest cryptocurrency exchange by trading volume as of April 2018.
2. Sam Bankman-Fried
Net worth: $24 billion
Source of wealth: FTX
Sam Bankman-Fried is the founder and CEO of FTX, a cryptocurrency exchange. SBF also manages assets through Alameda Research, a quantitative cryptocurrency trading firm he founded in October 2017. This has added to his net worth making him the second richest crypto man in the world.
3. Brian Armstrong
Net worth: $6.6 billion
Source of wealth: Coinbase
Brian Armstrong is the CEO of cryptocurrency platform Coinbase. He took the crypto exchange public through a direct listing in April 2021 at a stunning $100 billion valuation. With his 19% stake, Brian is the third wealthiest person in crypto.
4. Gary Wang
Net worth: $5.9 billion
Source of wealth: FTX
Gary Wang is a Chinese entrepreneur who founded the video-sharing company Tudou.com, based in China and also served as its CEO until August 2012. Wang launched the crypto exchange with Bankman-Fried in 2019. He holds a 16% stake in FTX’s global business and over $600 million worth of FTT, which is the native token of FTX.
5. Chris Larsen
Net worth: $4.3 billion
Source of wealth: Ripple
Chris Larsen is the co-founder and executive chairman of blockchain company Ripple. The company’s XRP token is currently the 8th largest cryptocurrency.
6. Cameron Winklevoss and Tyler Winklevoss
Net worth: $4 billion each
Source of wealth: Bitcoin
The twins, Cameron Winklevoss and Tyler Winklevoss co-founded cryptocurrency exchange Gemini in 2014. The brothers also own the digital art auction platform Nifty Gateway, a beneficiary of last year’s NFT craze (and the target of a lawsuit filed by art collector Amir Soleymani in October 2021, who accused the platform of changing its terms of sale.
7. Song Chi-Hyung
Net worth: $3.7 billion
Source of wealth: Upbit
Song Chi-Hyung is the founder and chairman of Dunamu, which operates South Korea’s dominant cryptocurrency exchange.