Who is the richest in the world of cryptocurrency at the moment?

Researchers have released an updated Hurun Global Rich List – a Chinese ranking of the richest people in the world. It is interesting that now includes at least six cryptocurrency billionaires. According to the list, four of the six people cryptocracy are representatives of cryptocurrency exchanges, and each of them the capital for at least a billion dollars.

A 42-year-old founder of a relatively young, but the world’s largest crypto currency exchange Binance Chanpen Zhao continues to increase its wealth with the expansion of the company. He was able to double its capital to the level of 2.6 billion dollars. Last year he had exactly twice less than 1.3 billion. Now he heads the list of rich of the cryptocurrency industry.

Zhao during a speech at the first London etape Binance held at One Canada Square. Source: Cryptonomist

The second richest cryptopressstream is co-founder of Bitmain Zhang Kechuan. As at 31 January 2020, the 41-year-old leader of the world’s largest manufacturer of equipment for the kriptomayning owns net capital of us $ 1.6 billion. In fact, he has lost 41 percent of amount compared to the 2.7 billion dollars, owned a year ago.

Remarkably, Ketan was the richest captodiamine in last year’s ranking Hurun, while the third position was listed one of the co-founder of Bitmain Jihan Wu. In the updated ranking of the Wu does not appear at all. Probably it has something to do with upheaval in upper management Bitmain in October last year.

Topic: co-founder of Bitmain was dismissed. What's going on in the company?

The rapid growth of cryptocore along with high prices for cryptocurrencies in the past few years has led to the fact that entrepreneurs from the industry earn billions of dollars. In addition to Zhao, the list also included founders and other kryptomere, including Xiu Mingxing from OKEx and OKCoin. His condition has exceeded 1.4 billion dollars. Leon Li of Huobi has accumulated 1.1 billion. It is two newcomers in the ranking of Hurun. By the way, they start walked Brian Armstrong from Coinbase, whose fortune amounts to a billion dollars.

And who got rich not for cryptocurrency?

This year Hurun Global Rich List – also known as the Chinese version of the Forbes list were included 2816 billionaires from 71 countries.

Jeff Bezos – the richest man in the world. Source: OtakuKart

  • On the top of the rankings, of course, the third consecutive year, is the founder of Amazon Jeff Bezos – his condition is 140 billion dollars.
  • CEO of giant luxury holding company LVMH , Bernard Arnault has climbed two positions above 107 with their billions – it is now the second richest man in the world.
  • Bill gates occupies the third place with 106 billion dollars.
  • By the way, immediately followed by the eternal critic of Bitcoin and cryptocurrency in General Warren Buffett. He even without cryptocurrency managed to save 102 billion.

Chanpen Zhao. Source: Two Bitcoin

It's all well and good, but the other day we wrote about how the billionaires of the traditional business sector – especially investors – are losing massive amounts of money. These losses are caused by unstable macroeconomic situation against the background of the consequences of the spread of Chinese coronavirus, which paralyzed the work of many enterprises in China.

In turn, there are those who hurried in time to limit investment in the stock market and tightly into Bitcoin. One of these lucky ones is a longtime supporter of Bitcoin Type Draper. Six months ago he completely abandoned the traditional stock market and moved money in cryptocurrencies. By the way, during these six months he has managed to enrich themselves at 14 percent only on the first cryptocurrency.

The rating itself, we believe good news for the cryptocurrency world. The authors of the study once again confirmed that the cryptocurrency can earn. Not only due to the purchase of coins for them, but using a full-fledged business on the blockchain. After studying the fabulous sums opposite the names of the most popular representatives of kriptonyte many will go to achieve the same success. And it needs to come up with new solutions for the industry and develop it. So for niches such ratings can even be called best.

In our cryptodata progressive chodorov you will find lots of other useful information. And in Yandex Zen even more.

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