CoinVoice has recently learned that Ripple's Chief Technology Officer David Schwartz clarified that he is not a billionaire. Although in 2018, the net worth of Ripple co-founder Chris Larsen soared to $54 billion due to holding 9 billion XRP, Schwartz chose to own 2% of Ripple's shares and a salary instead of XRP.
In 2019, Forbes estimated Schwartz's wealth to be around $90 million, and in 2021 he stated that his net worth was still far below $170 million. He also revealed that most of his personal wealth is tied to volatile assets, which, although offering considerable returns, still carry risks. Besides XRP, Schwartz also holds Bitcoin and several other altcoins. [Original link]
