Forbes has recently published its annual World’s Billionaires list that includes those billionaires who have generated revenue from cryptocurrency and blockchain technology. Let’s go discover the top 5 billionaires on the list and see who can help you with the UK crypto exchange.
5 Richest Crypto & Blockchain Billionaires
The digital asset and payment system bitcoin has a market capitalization of about $747.34 billion as of April 12, 2022. In 2021, the first-ever bitcoin exchange-traded fund (ETF) was introduced, which pushed the cryptocurrency market to a new stage.
Here are the top 5 billionaires on the Forbes’ crypto billionaires list. The list has added seven new billionaires this year, thus marking a 58% rise.
- Changpeng Zhao
Zhao’s net worth is $24 billion, the source of wealth is FTX, and he is a US citizen. Crypto’s richest person is Binance founder and CEO “CZ.” Zhao is the 19th richest person in the world. According to Forbes, he’s the owner of at least 70% of the leading global platform for crypto trading Binance.
- Sam Bankman-Fried
Bankman-Fried’s net worth is $24 billion, the source of wealth is FTX, and he’s a US citizen. Bankman-Fried’s exchange FTX raised $400 million in January 2022 at a $32 billion valuation. Investors valued FTX’s US operations at $8 billion.
- Brian Armstrong
Brian Armstrong’s net worth is $6.6 billion, the source of wealth is Coinbase, and he’s a US citizen. Armstrong is the CEO and founder of Coinbase.
- Gary Wang
Wang’s net worth is $5.9 billion, the source of wealth is FTX, and he’s a US citizen. Wang is the co-founder and chief technology officer of FTX. He launched the crypto exchange with Bankman-Fried in 2019. Wang is the owner of a 16% stake in FTX’s global business and more than $600 million worth of FTT, the native token of FTX.
- Chris Larsen
Larsen’s net worth is $4.3 billion, the source of wealth is Ripple, and he’s a US citizen. Larsen is the co-founder and executive chairman of blockchain company Ripple with the XRP token currently being 8th largest cryptocurrency.
The cryptocurrency market attracts many individuals and businesses. If you need help with crypto payment processing for your business, work with a reputable payment expert in the UK. This way, you can find the best assistance with UK crypto exchange and merchant-processing services for your company.
Make sure the payments expert is focused on the terms, complaints, and integration of merchant-services providers so you can find the best deal for your financial needs.
Forbes’ List of Billionaires in the Crypto & Blockchain Field
This year, Forbes has added new billionaires to its list, thus marking a 58% increase. If you’re on the lookout for the safest and cheapest merchant services in the UK, turn to a respectful payments expert in the country.
Author Bio: Payment industry guru Taylor Cole is a passionate payments expert who understands the complex world of the UK crypto exchange. He also writes non-fiction, on subjects ranging from personal finance to stocks to cryptopay. He enjoys eating pie with ice-cream on his backyard porch, as should all right-thinking people.