People who work in this field say that the cryptocurrency business has grown at an all-time high this year. Elon Musk’s work in the cryptocurrency business is partly to blame for a lot of growth in the last few years. For example, the industry has grown at a rate that has never been seen before. A lot of things have made the crypto industry bigger than ever. Web3, non-fungible tokens (NFT), and price changes in Bitcoin and other crypto tokens have all made the industry grow. You can explore this page to get more details about Bitcoin.
In the last few years, bitcoin and blockchain technology have made some billionaires even richer than ever before. So, let’s have a look at some of them.
1. Changpeng Zhao
People who are rich are called “CZ.” It’s a company called Binance, and this person is both the CEO and the founder of it. At least 70% of the world’s largest cryptocurrency trading platform, Binance, is thought to be owned by him, Forbes says.
Last year, about two-thirds of all trade volume handled by centralized changes went through the business, and it made more than $16 billion. From $1.9 billion last year to $2.4 billion this year, Forbes has raised its value of CZ. This is up from $1.9 billion last year. They have caused Forbes to raise its value of CZ. To understand why this is the case, you need to know what these people think. Unknown how many of Binance’s own cryptocurrency BNB the 44-year-old has in his hands, as well as how many of the cryptocurrency BNB.
2. Brian Armstrong
There was a direct listing on the New York Stock Exchange in April 2021, when Coinbase’s CEO and founder put the cryptocurrency exchange on the exchange. At a whopping $100 billion, this made it the number one thing on the list, making it the best thing. Nobody cares about how much the company is worth now. There’s no point. Armstrong owns 19% of it.
With all the new money that people are making with cryptocurrency, he is still the third-richest person in the world. His simple T-shirt and bald head made him the center of attention. A house in Bel-Air cost him $133 million. In terms of real estate, this was one of the most expensive deals in the history of the city. There were some things about the European Parliament’s plan for a crypto law that Armstrong didn’t like.
3. Sam Bankman-Fried
Co-founder Wang worked with Bankman-Fried this year to improve the FTX exchange. FTT, the token for FTX, is worth more than $600 million, so it is very valuable. It’s worth more than $600 million each to people who work for the company in other countries, and the FTT token is worth even more.
People who work for Wang have a 16 percent stake in both. Before he worked for Google, Wang was a software engineer. He did that job, too. A lot of work went into making Google Flights, an online service that helps people book flights. Because he wanted to learn math and computer science, he went to the Massachusetts Institute of Technology to do it.
4. Tyler and Cameron Winklevoss
After that, the twins got $65 million from Mark Zuckerberg, which was turned into a movie called The Social Network, and it was called that. It has been a while since then, but each of them has made about $4 billion in crypto cash. $65 million was the amount of money they got from the Facebook social media tycoon who gave them money.
First, in 2012, they bought bitcoin. In the last few years, they have bought more cryptocurrencies and started a new cryptocurrency exchange called Gemini, as well as many other things, When Nifty Gateway was sued in October 2021, it was owned by people who lived together, and they sued. Because Soleymani owes them $650,000, they say they have to pay them. He says that the platform changed its rules for selling things, and he doesn’t like them. In the past, when people were excited about NFTs, the company Nifty Gateway did well because of it.
People in South Korea are becoming more and more interested in cryptocurrency. Chi-hyung, the founder and CEO of the best cryptocurrency exchange in South Korea, has made a lot of money. The business is now worth $46 billion. Hybe, the company that makes K-pop stars BTS, bought a 2.5% stake in Upbit in November. At the time, Upbit was worth $17 billion.
Masab Farooque is a Tech Geek, Writer, and Founder at The Panther Tech. He is also a lead game developer at 10StaticStudios.
When he is not writing, he is mostly playing video games