CryptoHow Many Crypto Millionaires Are There Really? Fortunes In Blockchain

How Many Crypto Millionaires Are There Really? Fortunes In Blockchain

Considering how long cryptocurrencies and blockchain are around there shouldn’t be any more mysteries surrounding them. Yet, there are plenty.

Thanks to Satoshi Nakamoto and Bitcoin, some parts of the history and depth of blockchain remain hidden from the casual onlooker.

Because of that, there are still people out there believing that you shouldn’t invest in crypto and that it won’t make you rich.

The truth is a bit different. Investing in crypto is quite wise and with a bit of luck and a few smart moves, it can make you rich.

So, to answer our question, let’s talk about how many people got rich by getting involved in the world of crypto. First, let’s see what being rich means.

It can be seen through different lenses. That’s why we’re going to focus only on crypto millionaires and billionaires if there are any.

Before moving on to individual examples, first, we’re going to talk about rough numbers and a couple of estimations. 

The Number Of Crypto Millionaires 

Before we move on, sit down and fasten your seatbelt. There are roughly 88,200 crypto millionaires in the world.

The Number Of Crypto Millionaires

Now, that’s quite a number, right? Well, it left us quite without a breath when we first heard it. According to Henley & Partners, the number of billionaires is on the rise and it will continue to grow.

This date dates back to September of 2023, so if there are a few of you Bitcoin lovers out there who became millionaires in the meantime you’ll have to forgive us. 

When it’s all said and done, you shouldn’t be surprised by this big number of cryptocurrency millionaires. After all, the entire market is valued at more than $1.2 trillion.

With more than 425 million crypto investors it is a wonder that there aren’t more millionaires. This is simple – almost 50% of all investors are keeping their eggs in the same basket  -Bitcoin. 

With the speed at which new crypto comes and goes it is no wonder that people want to tie their fortune and fortunes to a well-known commodity.

If this is not a reason good enough for any of us to get involved with crypto, maybe the list of names and their crypto bank accounts is going to change your mind. 

Knowing that there are almost over 80 thousand crypto millionaires and that the number will only continue to grow is one thing.

It is completely another to learn about people by their name and see the fortune they managed to amass by investing in cryptocurrencies.

So, without further ado, let’s talk about the most famous and richest crypto investors in the world. These are the names: 

Changpeng Zhao

It is easy to be a crypto millionaire when you’re the founder of Binance, the biggest crypto exchange. It is even better when you’re a billionaire like Zhao, who weighs $4.5 billion.

The funny part is that his rise to prominence and generational wealth started when he discovered Bitcoin, what’s even funnier he was made aware of the most famous crypto during a poker game.

So, to get rich you don’t need only knowledge, but a bit of luck, and a few friends to play poker with. 

Song Chi-Hyung

We’re still in the Far East as Song Chi-hyung is from South Korea. On the Korean peninsula, Song is running its biggest exchange called Dunamu.

Operating on Korean soil and worldwide through a vast fortune to his doorstep it is estimated that he is worth close to $3.7 million. 

Brian Armstrong

As you can see, cryptocurrencies are a worldwide business as there are people with vast fortunes in crypto all over the world.

Brian Armstrong is from America, and he is best known as a co-founder of Coinbase. If you’re operating with crypto in North America the chances are you’re using his services.

Related:   Solana Leads The Crypto Market Rebound This Week

Being tied to this exchange Brian managed to get his hands on quite a  fortune and it is estimated that his net worth is close to $2.7 billion. 

Man holding crypto wallet

Jed McCaleb

Jed is more than a well-known name in the world of digital currencies. One could even argue that he is notorious.

Jed McCaleb is the founder of Mt. Gox, an exchange that gained its reputation after being hacked for more than $460 million, only one year after Mr. McCaleb sold it.

His business lifestyle continued and his name is now more tied to Ripple and Stellar, both cryptocurrencies with quite a fine reputation. 

Chris Larsen

If you’re even remotely into crypto you know about Chris Larsen. The man has made a name for himself next to Jed McCaleb as both are behind a digital currency called Ripple.

Before committing himself to crypto Larsen was better known as the man behind an online mortgage lender called e-Loan, which he sold to none other than Yahoo.

With $2.2 billion tied to his name, Chris can argue that he gets along with digital currencies just fine. 

Tyler and Cameron Winklevoss

You’ve heard about the Winklevoss brothers, right? They became quite famous as initial partners of Mark Zuckerberg and his now legendary social media platform Facebook.

After winning a settlement in court from Mark, the brothers continued with their other business ventures. One of those that brought the most money their way is cryptocurrencies.

The fun fact is that they were the first men who became billionaires by investing in digital currencies. At the moment Forbes estimates that both of them are worth $1.1 billion each.

Today, their name continues to grow through the exchange called Gemini which is their crypto-passion project.

It’s interesting that there are lesser-known exchanges or trading apps such as Immediate Edge which are an important part of this new eco-system. A bit of research can help you achieve the goals you set for yourself.

Bottom Line

As you can see, the world of digital currencies and blockchain is filled with millionaires.

The second half of our article was dedicated to those who managed to make billions, proving that crypto is an unexplored sea of fortune that hides many secrets that can make anyone discovering them rich.

It is not too late to make yourself one of those eighty thousand millionaires or to move that number closer to one hundred thousand. All you need to do is to start now and invest wisely. Your fortune awaits. 

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