01.08.2021

Who earned the most at the current stage of cryptocurrency growth

Co-founders of the Gemini cryptocurrency exchange and famous entrepreneurs, twin brothers Cameron and Tyler Winklevoss are recognized as the richest crypto billionaires according to Forbes magazine.

The rating of the publication is a list of investors in the main cryptocurrency who have benefited the most from the huge growth of BTC up to 42 thousand dollars in early January. According to preliminary estimates of journalists, the cryptocurrency fortune of investors is estimated at at least $ 1.4 billion. We’ll tell you who else made it to the rating.

This is not the first time that Forbes has commented on what is happening in the cryptocurrency niche. In particular, in June 2020, Editor-in-Chief Steve Forbes named the main advantages and disadvantages of Bitcoin.

According to him, limiting the maximum supply of cryptocurrency to 21 million was a mistake, since in this case it becomes almost impossible to use BTC as a means of payment on a daily basis. It’s funny that at the same time, many blockchain fans consider the limited number of bitcoins to be one of the key advantages of the cryptocurrency.

Also in December last year, employees published a “30 to 30 rating”, which included representatives of the cryptocurrency industry. These are BlockFi co-founder Florie Marquez, Augur platform co-founder Joey Krug, Coinlist co-founder Brian Tubergen and FTX founder Sam Bankman-Freed.

The richest people in the world of cryptocurrencies

In addition to the Winklevoss, the top 3 Forbes rankings include venture capitalist Tim Draper with a $ 1.2 billion cryptocurrency supply and Matthew Rozak, founder of the Bloq cryptocurrency company, with the equivalent of $ 1.1 billion. The list also includes three industry celebrities: MicroStrategy CEO Michael Sailor, Galaxy Digital founder and CEO Mike Novogratz, and Ethereum co-founder Vitalik Buterin. According to Forbes, Sailor is worth $ 600 million, while Novogratz and Buterin have net worth of $ 478 million and $ 360 million, respectively.

A new stage in the growth of the crypto market gave the world at least five cryptocurrency billionaires. However, the author of the study, Michael Castillo, admits that it is very difficult to assess the exact state of the heroes of the rating in the crypt. This is partly due to the fact that everyone can own an almost unlimited number of cryptocurrency wallets. Here is his remark, in which the expert shares his opinion on what is happening. The quote is from Cointelegraph.

Using everything from publicly available crypto wallets to legacy reports, we’ve decided to identify some of the biggest winners of the next growth cycle for the cryptocurrency industry.

We have checked the current data and made sure that the calculations of the Forbes representatives were correct. For example, the first known address of Vitalik Buterin currently contains ethers worth 356 million dollars and other tokens in the equivalent of 155 thousand dollars.

The situation at the second address is different. There are ethers for 21 thousand dollars and tokens for 2.56 million dollars.

That is, Buterin’s fortune can indeed be estimated at approximately $ 360 million. However, he clearly has other addresses that other cryptocurrency fans do not know about. In addition, the developer can also hold cash and other investment instruments.

At the same time, we note that perhaps the most important name is missing from the ranking. We are talking about the creator of Bitcoin Satoshi Nakamoto. The anonymous developer has – or had – at least 700,000 bitcoins, mined at the dawn of the cryptocurrency. Given the current market value of the coins, on a very rough estimate, Nakamoto’s fortune can be estimated at $ 23.3 billion. However, since the developer did not disclose his identity and is unlikely to ever do it, it is still possible to understand his absence from the list.

We believe that this rating will definitely attract the attention of new investors who will also want to try their hand at the world of cryptocurrencies. As the list and the fortunes of its representatives showed, early Bitcoin investors dramatically increased their savings through timely investments. At the same time, the niche of cryptocurrencies is still far from mass popularity, which means that over time, the interest of a wide audience in it will grow. In this regard, analysts do not exclude that we are still at an early stage in the development of this industry. So it is possible that someone else will be able to repeat the success of the Winklevoss brothers.

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