Current crypto billionaires: who are they?

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A report has compiled a ranking of crypto billionaires and where they live, stating that the United States is at the top, followed by China and South Korea.

Crypto billionaires of the moment: the United States in the lead, followed by China and South Korea

Wegamble’s report ranked current crypto billionaires, their net worth, and where they live, based on other cryptocurrency news outlets, market analysis, and Forbes.

Of course, this ranking is subject to change precisely because of the volatile nature of cryptocurrencies, which can cause the net worth of these individuals to fluctuate dramatically and rapidly.

Either way, the report identifies the United States as the place that hosts the most crypto-billionaires, followed by China and South Korea.

And indeed, the United States is home to up to 9 crypto billionaires and a net worth of $28.6 billion.

Speaking of which, prominent crypto billionaires such as Chris Larsen, Cameron and Tyler Winklevoss, Michael Novogratz, Brian Armstrong and Barry Silbert are based in the United States itself.

Next is China, which is instead home to up to 2 crypto billionaires and a net worth of $12.3 billion.

Here we find Jihan Wu, the co-founder of Bitmain, a leading manufacturer of Bitcoin mining hardware, who is one of China’s top crypto billionaires.

Not only that, the famous Changpeng Zhao (CZ), founder of the most popular crypto-exchange Binance, is also in the Chinese ranking with his net worth of $10.5 billion.

And finally, on the podium, there are South Korea, Canada and Saint Kitts and Nevis, which are tied to host a crypto-billionaire, each in their country.

Today’s Crypto Billionaires: What’s Their Net Worth?

Just like CZ in China, the report also ranks other crypto billionaires based on their net worth.

Chris Larsen from the US turns out to have a net worth of $2.6 billion, followed by the Winklevoss twins from crypto exchange Gemini who hold $3 billion.

Also in the United States are investors Tim Draper with $1.2 billion in net worth and Michael Novogratz with $2.6 billion in net worth.

Switching countries, in Canada there is Anthony Di Iorio, known as the co-founder of Ethereum and as the first investor in Bitcoin, who has a net worth of $1 billion. In South Korea, Song Chi-Hyung, founder of Dunamu, which manages the Upbit crypto-exchange, stands out instead with its 950 million dollars.

United States: Armstrong and Garlinghouse indicted by the SEC

Also on this special list of crypto billionaires are Coinbase CEO Brian Armstrong with $2.4 billion and Ripple CEO Brad Garlinghouse with an impressive net worth of $10 billion.

These gentlemen deserve a separate mention when considering the cathartic moment experienced in their home country, the United States, regarding the charges brought by the Securities and Exchange Commission (SEC) against the crypto industry. .

And indeed, Armstrong’s Coinbase and Garlinghouse’s Ripple are being sued for violating securities law.

Ripple’s lawsuit involves “the definition of XRP”. As early as 2020, the company behind the crypto was sued by the regulator, but still after 3 years, it is still awaiting the final decision whether or not it declares XRP to be a security.

As for Coinbase, the subpoena is recent and concerns its “staking-as-a-service” which involved certain cryptocurrencies such as Solana, Cardano and Polygon, which are currently considered securities by the SEC.

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