7 Crypto Players Added to Forbes’ Crypto Billionaires List

The number of individuals who have made substantial fortunes in cryptocurrency has increased significantly, according to the updated Forbes crypto billionaires list. The Forbes list was released on April 5 and now has 19 crypto billionaires on it – 7 more than last year, expanding the list by 58%.

Although 7 new crypto billionaires made the Forbes list, the crypto billionaire with the highest net worth has not changed. Binance’s CEO and founder, Changpeng “CZ” Zhao is still the richest man in the cryptocurrency industry. In addition, CZ is also now the 18th richest person in the world as a result of the wealth he has generated over time, which currently stands at $65 billion.

Next on the list after the Binance CEO and founder is Sam Bankman-Fried, the CEO and co-founder of FTX, who’s crypto fortune is estimated to be worth $24 billion. Dubbed the “Crypto Robin Hood,” Sam Bankman-Fried has repeatedly stated how he wants to give a majority of his crypto fortune away.

Third on the list is Coinbase’s CEO and founder, Brian Armstrong, with $6.6 billion. The Winklevoss twins from Gemini and Ripple’s Chris Larsen remain on the list with approximately $4 billion each to their names. Michael Saylor has also remained on the list.

Newcomers to the list include Gary Wang, the co-founder and CTO of FTX, with $5.6 billion. The co-founders of Alchemy, Nikil Viswanathan and Joseph Lau, who have a reported combined net worth of $2.2 billion are 11th on the list.

Other notable names that have joined the list include the co-founders of OpenSea, Devin Finzer and Alex Atallah, and the founder of the Upbit exchange, Song Chi-hyung. Kim Hyoung-nyon has also been added to the list.