Some of the Extremely Rich People Who Made Their Fortune on Cryptocurrencies

Cryptocurrency has impacted in the most recent ways in the lives of individual and mostly, the ones who are lured into it. Tech giants, industry leaders, and even artists are currently in love with digital currencies and frequently support using them for transactions in their daily business and personal matters.

From business magnates to world-renowned sports stars, actors, celebrities, and all kinds of personalities have made various ventures into the world of cryptocurrencies. They have huge followings of fans on their social media pages. Let’s have a quick look at some of the most influential people in this industry today.

Vitalik Buterin:

Vitalik Buterin is a Russian-Canadian developer and is one of the most influential folks within the crypto business. In November 2018, he obtained a doctorate from the School of Enterprise and Economics of the College of Basel. A 24 year old inventor of Ethereum, Mr. Buterin came up with the idea for Ethereum after dropping out of college.

His creation is now the second most valuable cryptocurrency after Bitcoin. Along with that Ethereum has a significant future direction for the blockchain and now he remains engaged on the Ethereum improvement and crypto business evolution.

Changpeng Zhao:

Changpeng Zhao is the founder of Binance, the world’s biggest cryptocurrency exchange by trading volume. According to the Bloomberg Billionaire Index, Zhao’s net worth was $96 billion in January 2022.

With a number of billion dollars in buying and selling per day, Binance is the most important crypto exchange on this planet. In 2018, Forbes rated him as one of many wealthiest folks in crypto, with a fortune estimated at $1.4 billion. These days, he’s nonetheless primary on Forbes’ Crypto Wealthy Checklist.

Sam Bankman-Fried:

Sam Bankman-Fried is now one of many richest males within the crypto world. As of 2022, he’s the CEO of the FTX exchange platform and Alameda Analysis buying and selling agency

He is an MIT graduate and founded FTX, one of the world’s most popular crypto exchanges, in 2019.

A report by Forbes estimated his fortune to be worth $26.5 billion in October 2021 . FTX differentiates itself from competition by offering a slate of innovative products unavailable at other exchanges.

Brain Armstrong:

Brian Armstrong is the founder and CEO of Coinbase, a California cryptocurrency exchange. As a teenager he had been studying Java and CSS programming languages, then received two degrees in computer science and economics and worked as a programmer for major companies.

Today, Coinbase is one of the most popular platforms for exchanging fiat money for cryptocurrencies. Traders can buy Bitcoin, Bitcoin Cash, Ether and Litecoin using their regular bank cards.

In August 2017, when cryptocurrency fever first swept the world, the mobile version of the Coinbase exchange in the AppStore became the most downloaded application in the US.

Brandon Chaz:

Brandon Chaz is a US programmer, and the founder of Coinmarketcap, the largest online cryptocurrency aggregator. This site consolidates data from all exchanges and based on this data determines the value of cryptocurrency. Users can learn basic information about cryptocurrencies i.e. capitalization, price, number of circulating coins, trading volume in 24 hours, percentage of price change per hour, 24 hours, and per week.

The Bottom Line:

The more celebrities get involved in this industry, the most influential it gets. People from all around the world with different backgrounds are much interested in it and so it is expanding its range from one corner of the world to another.