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BlockNews
Home CRYPTO

Crypto Kings: The Billionaire Builders of Bitcoin Empire

Michael Juanico by Michael Juanico
April 2, 2024
in CRYPTO
Reading Time: 4 mins read
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  • The blog post ranks the richest individuals and anonymous wallets in the crypto industry based on their crypto holdings and stakes in crypto companies.
  • Satoshi Nakamoto, the anonymous creator of Bitcoin, tops the list with an estimated net worth of $76.67 billion from the 1.1 million BTC they are believed to own.
  • Other top names on the list include Binance CEO Changpeng Zhao, Coinbase co-founder Brian Armstrong, Tether executives, and anonymous Bitcoin whales with massive holdings.

The crypto industry has minted a new class of ultra-wealthy individuals over the past decade. While anonymous hackers and long-lost wallet owners sit on untouchable fortunes, the leaders of top crypto companies have amassed immense personal wealth.

JUST IN: Here are the top 5 richest people in crypto according to Forbes 👇

• Satoshi Nakamoto – $76.7 billion

• Changpeng Zhao – $47.7 billion

• Brian Armstrong- $11.5 billion

• Giancarlo Devasini – $9.2 billion

• Anonymous Bitcoin Whale 37Xu…SKUs – $6.6 billion

— BlockNews.com (@blocknewsdotcom) April 2, 2024

The Forbes Billionaires List vs. Crypto’s Richest

The annual Forbes Billionaires List features many familiar tech moguls, but crypto has its own distinct set of mega-rich elites. Changpeng “CZ” Zhao of Binance has joined the Forbes top 20 thanks to his exchange’s rise, while FTX’s Sam Bankman-Fried fell from the list after his company’s collapse. Other crypto billionaires like Barry Silbert and the Dunamu co-founders saw their net worths shrivel amid the 2022 bear market.

Meanwhile, Ethereum co-founder Vitalik Buterin donated away enough funds to potentially rank among the richest. Anonymous Bitcoin creator Satoshi Nakamoto tops the crypto rich list by far with untouched holdings from mining bitcoin’s first blocks.

The Top 20 Crypto Billionaires

  1. Satoshi Nakamoto – $76.67 billion
  2. Changpeng “CZ” Zhao – $47.7 billion
  3. Brian Armstrong – $11.5 billion
  4. Giancarlo Devasini – $9.2 billion
  5. Anonymous Bitcoin Whale 1 – $6.59 billion
  6. The Mt. Gox Hackers – $5.57 billion
  7. Michael Saylor – $5 billion
  8. Anonymous Bitcoin Whale 2 – $4.13 billion
  9. Jean-Louis van der Velde – $3.9 billion
  10. Anonymous Bitcoin Whale 3 – $3.76 billion
  11. Anonymous Bitcoin Whale 4 – $3.73 billion
  12. Anonymous Bitcoin Whale 5 – $3.6 billion
  13. Fred Ehrsam – $3.2 billion
  14. Chris Larsen – $3.2 billion
  15. Matthew Roszak – $3.1 billion
  16. Anonymous Bitcoin Whale 6 – $3.07 billion
  17. Jed McCaleb – $2.9 billion
  18. Cameron Winklevoss – $2.7 billion
  19. Tyler Winklevoss – $2.7 billion
  20. Mike Novogratz – $2.5 billion

Conclusion

The crypto industry has produced enormous amounts of wealth in a short period of time. While the technology aims to be decentralized, much of the money has flowed into the hands of founders and early adopters. The community continues to wonder whether Satoshi Nakamoto will ever reveal their identity and gain the ability to cash out on their stash. For now, it remains out of reach as the largest anonymous whale among a crypto elite who have otherwise become household names.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Changpeng "CZ" ZhaocryptoForbesForbes Billionaires Listtop crypto companies
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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