Binance Founder Leads List of Top 10 World's Richest Crypto Billionaires in 2024
The period of downturn in the cryptocurrency market has come to an end. Bitcoin's value has surged by over 100% in the last year, reaching a record-breaking peak of $73,000 in March following the legalization of Bitcoin-based exchange-traded funds in the U.S.
The collective market capitalization of all cryptocurrencies has also experienced remarkable growth, soaring by 170% and contributing approximately $1.6 trillion in added market value within the same timeframe.
The crypto market has experienced a remarkable surge that has led to the emergence of new billionaires. Here is a list of the current crypto kings in 2024, according to Forbes.
1. Changpeng Zhao
Net worth: $33 billion
Source of wealth: Binance
2. Brian Armstrong
Net worth: $11.2 billion
Source of wealth: Coinbase
3. Giancarlo Devasini
Net worth: $9.2 billion
Source of wealth: Tether
4. Michael Saylor
Net worth: $4.4 billion
Source of wealth: MicroStrategy, Bitcoin
5. Paolo Ardoino
Net worth: $3.9 billion
Source of wealth: Tether
6. Jean-Louis van der Velde
Net worth: $3.9 billion
Source of wealth: Tether
7. Chris Larsen
Net worth: $3.2 billion
Source of wealth: Ripple, XRP
8. Fred Ehrsam
Net worth: $3.2 billion
Source of wealth: Coinbase, Paradigm
9. Matthew Roszak
Net worth: $3.1 billion
Source of wealth: Bitcoin, Ethereum
10. Jed McCaleb Net worth: $2.9 billion
Source of wealth: XRP sales
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