The Crypto RICH LIST: How They Got There?? ๐Ÿ’ธ

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๐Ÿ“บEssential Videos๐Ÿ“บ

How To Reduce Cryptocurrency Tax ๐Ÿ‘‰ https://youtu.be/EMNSwa_PkkA
Ethereum Price Potential Analysis ๐Ÿ‘‰ https://youtu.be/iWKEKffFz6I
Ripple Lawsuit Latest Updates ๐Ÿ‘‰ https://youtu.be/ByrCArBCJk4
Solana And Serum Explained ๐Ÿ‘‰ https://youtu.be/PA1kA5yT1Ac

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– TIMESTAMPS –
0:00 Intro
1:45 Richest People In Crypto
4:13 Sixth Richest
6:56 Fifth Richest
9:01 Fourth Richest
11:21 Third Richest
13:20 Second Richest
16:43 The Richest Person In Crypto
19:26 Conclusion

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โ›“๏ธ ๐Ÿ”— Useful Links ๐Ÿ”— โ›“๏ธ

โ–บ Bitcoin Tulip Trust Explained: https://coingeek.com/what-is-the-tulip-trust/
โ–บ Tim Draper Buys Silk Road Bitcoin: https://cointelegraph.com/news/feds-sell-29656-bitcoins-to-single-bidder-in-silk-road-auction
โ–บ Max Keiser Bitcoin Holdings: https://www.reddit.com/r/CryptoCurrency/comments/m2py2f/how_many_bitcoin_does_max_keiser_have/
โ–บ Vitalikโ€™s Largest Ethereum Wallet Address: https://etherscan.io/address/0x220866b1a2219f40e72f5c628b65d54268ca3a9d
โ–บ SEC Suit Showing Chris Larsen XRP Holdings: https://static1.squarespace.com/static/5ac136ed12b13f7c187bdf21/t/5fe2c21fb47c395086f89430/1608696357583/SEC+v+ripple+.pdf
โ–บ Sam Bankman Fried Japan USA Bitcoin Arbitrage Trade: https://www.businessinsider.com/crypto-arbitrage-trading-strategy-alameda-research-sam-bankman-fried-billionaire-2021-4
โ–บ Changpeng Zhao Interview: https://www.bloomberg.com/news/features/2021-04-07/binance-ceo-changpeng-zhao-says-i-just-want-to-keep-crypto
โ–บ BNB Supply Distribution: https://messari.io/asset/binance-coin/profile

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๐Ÿ•ต๏ธโ€โ™‚โ€Who Is The Richest Person In Crypto?๐Ÿ•ต๏ธโ€โ™‚โ€

Figuring out who the richest people in cryptocurrency actually are is much easier said than done, and this is for a few reasons

First, there are lots of unknown whales that hold tens of billions of dollars in high market cap cryptocurrencies

Second, there are many cryptocurrency billionaires who hold most of their wealth in non-crypto assets, and that arguably disqualifies them from being a true crypto billionaire

6๏ธโƒฃSixth Richest Person In Crypto6๏ธโƒฃ

Two crypto billionaires seem to be tied for sixth place, and these are Tim Draper and Max Keiser. Tim holds at least 1 billion dollars in Bitcoin alone, and Max Keiser likely holds a similar amount

5๏ธโƒฃFifth Richest Person In Crypto5๏ธโƒฃ

The fifth biggest crypto billionaire is none other than Ethereum founder Vitalik Buterin, who currently holds more than 334k ETH

Vitalik also holds hundreds of millions of dollars in Bitcoin and other altcoins, which gives him an approximate crypto net worth of 1.5 billion

4๏ธโƒฃFourth Richest Person In Crypto4๏ธโƒฃ

The fourth biggest crypto billionaires are the Winklevoss twins, with each twin holding between 2-3 billion dollars in cryptocurrency, mostly Bitcoin

3๏ธโƒฃThird Richest Person In Crypto3๏ธโƒฃ

The third biggest crypto billionaire is Ripple co-founder Chris Larsen who holds anywhere between 5.2 and 7.8 billion XRP. This corresponds to 5 and 7.8 billion dollars at XRPโ€™s current price of 1 dollar

2๏ธโƒฃSecond Richest Person In Crypto2๏ธโƒฃ

The second biggest crypto billionaire is Sam Bankman-Friend, founder of Alameda Research and the FTX cryptocurrency exchange

Although Samโ€™s exact cryptocurrency holdings are not known, I estimate them to total anywhere between 5 and 10 billion dollars

This is primarily because of the team allocations of FTXโ€™s FTT token and the Serum DEXโ€™s SRM token which have fully diluted market caps in the tens of billions of dollars

๐Ÿค‘The Richest Person In Crypto๐Ÿค‘

The richest person in cryptocurrency seems to be Binance founder Changpeng Zhao. This might come as a surprise if you look up CZ โ€˜officialโ€™ net worth, which is listed at around 2 billion dollars

However, CZโ€™s history of going all in on Biitcoin and his allocation of BNBโ€™s initial supply suggest that his net worth is much higher and could be as much as 15 billion dollars

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๐Ÿ“œ Disclaimer ๐Ÿ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

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