This month, the price of Bitcoin has soared to a record $89,000. Despite its constant volatility, BTC remains the most promising cryptocurrency since its debut in 2009. Many early investors who believed in Bitcoin's potential are now reaping the rewards of their foresight. Let's take a look at today's wealthiest crypto enthusiasts
Changpeng Zhao
Changpeng Zhao is a legendary figure in the cryptocurrency world. He founded Binance in 2017 and turned it into the largest crypto exchange, handling billions of dollars in transactions every day. In 2014, Zhao sold his apartment to invest in Bitcoin, and his fortune has skyrocketed ever since. Last year, facing money laundering allegations, he stepped down as CEO of Binance. Nevertheless, his stake in the company is still worth billions, with his net worth currently estimated at $61 billion.
Brian Armstrong
With a net worth of $11.7 billion, Brian Armstrong is the second wealthiest Bitcoin holder as of 2024. His journey to success began in 2012 when he co-founded Coinbase, the largest crypto exchange in North America. Since last November, Armstrong has sold over $170 million worth of Coinbase shares but still retains a significant stake in the company, owning about 18% of the shares, making him the largest private shareholder.
Giancarlo Devasini
Italian entrepreneur Giancarlo Devasini is a prime example of a successful career shift. Formerly a plastic surgeon, he unexpectedly ventured into business and eventually became captivated by digital assets. Since 2012, Devasini has been actively involved in the growth of the crypto industry. He currently serves as the CFO of Tether, the largest stablecoin issuer, and owns 47% of the company, which is valued at $9.2 billion.
Michael Saylor
Michael Saylor, co-founder and executive chairman of MicroStrategy, is known as one of Bitcoin’s most ardent supporters. Under his leadership, the company acquired nearly 252,220 BTC, investing $9.9 billion at an average price of $39,266 per coin. Personally, Saylor owns over 17,000 BTC, showcasing his strong belief in the future of the cryptocurrency. Today, he is an active proponent of Bitcoin as a reliable store of value and a hedge against inflation. His net worth is estimated at $6 billion.
Jean-Louis van der Velde
Jean-Louis van der Velde, a Dutch entrepreneur, is the former CEO of Tether, the largest stablecoin issuer. His technology career began with the launch of several IT startups in Asia. In 2013, Velde co-founded and became CEO of the Bitfinex exchange, later taking on the role of CEO at Tether. In October 2023, he handed over the leadership of Tether to Paolo Ardoino but remained CEO of Bitfinex. According to Forbes, his current net worth is nearly $4 billion.
Matthew Roszak
Matthew Roszak is a pioneer in the cryptocurrency world, having started investing in Bitcoin back in 2011. His wealth, estimated at $3.1 billion, comes from early investments in cryptocurrencies and involvement in various blockchain projects. Roszak is the co-founder and chairman of Bloq, a company specializing in blockchain solutions for enterprises. He also founded Tally Capital, an investment firm focused on digital assets and blockchain technologies.
Winklevoss Twins
Cameron and Tyler Winklevoss gained fame for their early Bitcoin investments and the creation of the Gemini cryptocurrency exchange. In 2013, they invested $11 million in BTC when its price was around $120 per coin, making them among the first crypto billionaires. In 2014, they founded one of the world’s leading crypto exchanges, Gemini, in which they now hold a 75% stake. They also actively invest in startups through Winklevoss Capital Management, supporting the development of blockchain technologies and the broader crypto industry. Their current combined net worth is estimated at $2.7 billion.