Changpeng Zhao, the founder and CEO of Binance, topped Forbes’ ranking of the richest people in the Blockchain and cryptocurrency industry. The publication counted a record 19 billionaires in the industry.
With a fortune of $65 billion, Zhao was 19th on the list of the richest people in the world. According to Forbes, he owns at least 70% of the largest cryptocurrency exchange by trading turnover.
Last year’s leader, FTX co-founder and head Sam Bankman-Fried, came in second place. In January, the exchange attracted $400 million at an estimate of $32 billion. The personal wealth of the entrepreneur himself is $24 billion.
Rounding out the top three was Coinbase founder and CEO Brian Armstrong with a net worth of $6.6 billion.
Fourth place was taken by FTX co-founder and CTO Gary Wang with $5.9 billion.
Chris Larsen is in the top five with $4.3 billion. The co-founder and CEO of Ripple is the only representative of a non-exchange business.
The top 10 ranking of crypto-billionaires also includes:
Thanks to the NFT boom that began in 2021, the co-founders of the segment’s largest marketplace, OpenSea, made the list for the first time. David Finzer and Alex Atall each have a fortune of $2.2 billion.
They were surpassed by co-founders of the Web3 infrastructure platform Alchemy Nikhil Vishwanathan and Joseph Lau – $2.4 billion each.