Categories: News

The 5 Richest Bitcoin Moguls In The World

Since its birth in 2009, bitcoin has become the most famous and best-traded cryptocurrency in the world . This asset has the honor of being the first and most successful cryptocurrency in the world and, much of the blame for bitcoin being where it is, falls on the big investors, those who have amassed huge fortunes with this crypto.

These blockchain moguls carry behind them the achievement of having predicted the price of a tremendously volatile asset. If the price of bitcoin was close to 10 dollars in 2010, at the beginning of this year it was close to 60,000 .

However, these so-called ‘bitcoin billionaires’ did not make their fortune just by accumulating and mining cryptocurrencies. Much of its assets came from creating different products and services related to this asset.

Sam Bankman-Fried
The founder and CEO of cryptocurrency investment platform FTX has been one of the fastest growing crypto moguls . Since the 29-year-old MIT graduate founded his company in 2019, its value has not stopped growing.

Forbes estimated that Bankman-Fried’s company was worth $ 8.7 billion in April 2021 . This platform has become one of the most popular in the world thanks to a long list of innovative products that are not available in the competition, which includes derivatives, digital tokens of physical shares and contracts prior to public offerings.

Tyler and Cameron Winklevoss
The Winklevoss brothers became famous thanks to their litigation with Mark Zuckerberg. Precisely, 65 million in Facebook shares and cash they obtained from the lawsuit served to carry out a large investment in crypto. In fact, the twins became the world’s first billionaires in crypto after the bitcoin price surge of late 2017, according to Investopedia.

Both occupy the second place in the ranking, accumulating a total of 3,000 million dollars each , as reflected by Forbes. However, again, much of the wealth does not derive from the investment in cryptocurrencies itself, but from the creation in 2014 of Gemini, another platform for investment in crypto assets.

This company was valued at $ 7.1 billion after its raising of $ 400 million in November 2021. In addition, the Winklevoss own the Nifty Gateway, a platform for buying and selling NFT.

Barry silbert
The CEO and founder of Digital Currency is ranked third on the list thanks to a net worth of $ 1.6 billion , according to Forbes estimates. Barry Silbert made much of his fortune thanks to this venture capital firm entering cryptocurrencies.

In January 2016, it acquired CoinDesk, the leading Bitcoin news outlet. On the other hand, Silbert’s group also owns Genesis, Grayscale, and Bitcoin Investment Trust, three companies located in the crypto ecosystem.

However, these are not Silbert’s only investments in the world of cryptocurrencies, this billionaire has invested in more than 100 companies related to these assets, which has earned him the nickname of ‘the king of cryptocurrencies’.

Brian armstrong
Brian Armstrong is the founder of the largest cryptocurrency investment platform in North America by trading volume, Coinbase. This mogul co-founded the company in 2012 after leaving a job as a programmer at Airbnb.

A life change that brought him a net worth of 10.9 billion according to Forbes estimates as of December 2021. Today, Armstrong only owns a 19% stake in Coinbase.

This company is considered the gateway for small investors to the world of crypto. In fact, the billionaire claimed at the time that he founded this platform because he wanted the world to have a “global and open financial system that fostered innovation and freedom.”

Michael saylor
The co-founder and leader of MicroStrategy, a cloud computing company, began his investment in August 2020, acquiring $ 250 million in bitcoin.

Today he is known as a guru of this cryptoactive and his investments in this currency have generated a total of 3,500 million. Furthermore, since the company announced the acquisition of bitcoins during its price drop, their market value has soared by more than 337%. Forbes estimates Saylor’s net worth at $ 2.3 billion .

The Great Writer and The Passionate Poet As Well, He Graduated from University Of Florida in Journalism and Brad have around 12 years of experience in news and media section.

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