The World’s Richest Bitcoin Investors Live in the United States, China, and Canada

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The United States, China and Canada had the highest number of citizens among ultra-wealthy crypto investors in 2022. Data collected before the crypto crash shows the potential of crypto markets to create wealth and solve global financial problems.

The cryptocurrency industry has produced a barrage of ultra-wealthy investors despite falling prices in 2022. New data indicates that the United States, China and Canada have the highest concentration of these creators crypto-wealth.

A new cryptocurrency watchlist compiled by Security.org shows that 55% of the world’s 40 richest crypto investors live in the United States. China is home to 10% of investors, while Canada accounts for another 7.5%.

The study cites data from Forbes’ annual list of the richest billionaires and Entrepreneurs magazine’s list of the richest crypto investors. These lists were compiled before the crypto market crash of 2022, but they are still indicative of the amount of wealth to be had from the crypto market.

According to the data, Sam Bankman-Fried (SBF), the disgraced founder and former CEO of FTX, ranked as the richest crypto investor in 2022. SBF’s estimated net worth reached $20.9 billion. dollars earlier this year. However, he is currently unknown as his exchange filed for bankruptcy last month.

Satoshi Nakamoto, the pseudonymous creator(s) of Bitcoin (BTC), ranks second on the watch list. Bitcoins identified as belonging to Nakamoto are worth over $20.5 billion, making the stranger one of the richest crypto investors in the world.

Binance CEO and co-founder Changpeng Zhao (CZ) comes third. The 44-year-old Canadian citizen has an estimated net worth of $17.4 billion earned from being a major shareholder in the world’s largest crypto exchange.

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Micree Zhan, chief designer of the AntMiner series of mining PCs, Ethereum co-founder Joseph Lubin, and Upbit exchange co-creator Song Chi-hyung came in 4th, 5th, and 6th in the list. While Gemini Exchange founders the Winklevoss Twins, Ripple CEO Brad Garlinghouse and Coinbase CEO Brian Armstrong round out the top ten.

Will 2023 see the emergence of more crypto billionaires?

Other impressive statistics include that the average age of these ultra-wealthy crypto investors is 44 years old. At 28, Vitalik Buterin, co-founder of the Ethereum blockchain, has established himself as the youngest crypto billionaire.

Meanwhile, the only female member of the cohort is Blythe Masters. The former CEO of Digital Asset Holdings has an estimated net worth of $500 million.

Statistics indicate the huge opportunity present in the crypto market. According to Security.org, many members of the list have earned their crypto wealth by creating products that solve problems for millions of people around the world.

This is in line with the crypto industry philosophy of decentralizing global financial sectors. Despite the volatility that cryptocurrencies face heading into 2023, the market could still hold some surprises for investors.

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