According to Odaily Planet Daily, Ripple Chief Technology Officer David Schwartz recently said that most personal wealth is linked to volatile assets.
At the time, Ripple co-founder Chris Larsen’s net worth surged to $54 billion, mostly from his 9 billion XRP holdings. Ripple CEO Brad Garlinghouse was also worth nearly $10 billion.
Schwartz chose a 2% stake in Ripple and a salary over XRP. In 2019, Forbes estimated his wealth at around $90 million, and as of 2021, his net worth is still "well below $170 million."
He admitted that most of his personal wealth is tied up in volatile assets and that, although he is satisfied with the returns, he is still exposed to risks. Schwartz also confirmed holding Bitcoin and other altcoins.
