Top 10 richest Crypto investors

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3 years ago

If there's anything I've learned in this life recently, as far as business is concerned, whether it is about or not about Crypto, is that the early adopters or early investors of any investment takes the most advantage of it (if it becomes a success) and of course take biggest loss (if it goes the other way round). A lot of people have become an overnight millionaire/billionaire by just putting their money in the right place (investment) at the right time while we would do injustice to the reality of investment if we're to deny that some people have lost it all as well by putting money in the wrong investment. It's no news that the richest people in the world are either investors or investors (lol). People who see a project (preferably called an investment), look at it from the money-making point of view, see how it could help them turn 1 to 2 and 2 to more. This kind of people are who you would actually call risk takers (Yes! That's another name for investors).

We really have seen a lot of people who are now billionaires in dollars just by doing the right investment and of course people that saw their life turned around (for worse) by doing the same thing. There's one thing about investment, and that is, there's a good time to invest and bad times. Sometimes you can say it's more of a luck but come on!, people like Warren Buffet make it seem like it's more of calculation and the ability to see in something what others are not seeing.

The man with the nickname "Oracle of Omaha" popularly known by his name, Warren Buffet is an American investor who is known for his ("supernatural" as I'd always love to call it) investing attitude/ability which has made him the most richest investor in the world and one of the top 10 richest people in the world. It is no doubt that the CEO of Berkshire Hathaway sure have the magic in his brain as he's known for his ability to mostly know the right thing (investment) to do (invest in) at the right time. This explains that investment is definitely way pass luck as some people may decide to see it even though it (luck) is not a factor that should be unconsidered.

We have the likes of Goldman Sachs that predicted (probably invested) in 2005 that crude oil CLH26 would explode to $105 a barrel due to a tighter supply compared to demand. Actually in 2008, Goldman Sach's prediction seem to be working not until the discovery of crude almost all over the world made a barrel to go for $30 (That would be a big loss for Sachs along with people who believed/put money in the prediction if they did). This is just a mere explanation that investment have it's sweets and sours too.

Actually this article is not to bore you with the story of Mr A who has made billions from right investment and Mr B who's lost millions to left investment. This article is to talk about people that investment has favoured, but in CRYPTO. Like it's said "Early adopters takes the biggest risk and have the highest gain", we've seen people who have now become billionaires today, and thats all thanks to their early Cryptocurrency adoption. When the first cryptocurrency (Bitcoin) was created and the blockchain idea comes out, not many people believed in it as most of them would thought it is not a right one to put money in. But those that did and invested their money in it, are now millionaires in dollars if not billionaires. There's money in the world of crypto, and this people have very heavy bags in it. Let's not waste time and take you through the list of people whose early investment and belief in Crypto have catapulted them to becoming millionaires/billionaires.

So down here is the countdown to the top 10 richest Crypto investors in the world. Their exact Crypto net worth is actually hard to predict so the net worth is put in a range.

Note: This list does not tell the exact net worth of these said individuals but the range at which their net worth falls or simply estimation of their worth. Also this list was made in 2018 and their probably might or might not be a change in their current net worth. So if you're willing to see if there's actually changes, DYOR.

10) MICHEAL NOVOGRATZ

Crypto Net worth: $700 million - $1 billion

Michael Edward Novogratz (born November 26, 1964) is an ex-hedge fund manager, formerly of the investment firm Fortress Investment Group. He is current CEO of Galaxy Investment Partners which focuses on cryptocurrency investments such as Bitcoin and Ethereum. He was ranked a billionaire by Forbes in 2007 prior to the financial crisis of 2007–2008 and then regained his fortune after investing in cryptocurrencies.

Micheal, A well-known macro hedge fund manager, Novogratz, who hit the Forbes billionaires list in 2007 before the ensuing economic meltdown, seems to have pulled off a nifty comeback. He began investing in crypto in 2013 and left Fortress Investment Group in 2015 to focus on the space. Given his background, Novagratz approached crypto as a trader.

“The guys who have done the best are the true believers who don’t have the speculative DNA,” says Novogratz, 53. “If I had literally not sold my Ethereum when it was at $15, I probably would have made–I can’t tell you how much because it would make me sick.” (Ethereum recently changed hands for more than $1,000.) “You would kill yourself if you think that way,” he adds. Novogratz hasn’t been shy about terming the current environment a bubble–his goal is to make as much money as possible before it pops.

Right now that means rolling part of his digital currency winnings into his latest play, Galaxy Digital, a merchant bank devoted to crypto that he is working to list publicly in Canada.

9) BROCK PIERCE

Net worth in Crypto: $700 million - $1 billion

Brock Pierce (born November 14, 1980) is an American entrepreneur and former actor known for his work in the cryptocurrency industry. As a child actor, he was in Disney films The Mighty Ducks (1992), D2: The Mighty Ducks (1994), and First Kid (1996). He was an independent candidate in the 2020 United States presidential election. Pierce retired from acting at 17 and joined as a minor partner with Marc Collins-Rector and Chad Schackley in establishing Digital Entertainment Network (DEN), which succeeded in raising $88 million in venture capital.

Pierce, 37, discovered crypto via entertainment. The former child actor cofounded a precursor to YouTube, at 17, called Digital Entertainment Network, which raised $88 million during the dot-com bubble and then went bust. In the 2000s Pierce, an avid gamer, built one of the largest virtual-asset trading companies, Internet Gaming Entertainment, which employed thousands of people in China to play videogames, like World of Warcraft, in order to win coveted virtual prizes–which he then sold to millions of videogamers globally for real money. Video game currency arbitrage led him to crypto in its earliest days.

Pierce became captivated by Bitcoin’s potential and quit to help found and fund dozens of crypto companies, including Mastercoin, Blockchain Capital, Coinbase, Ethereum, Tether, Bitfury and now Block.one.

8) ANTHONY Di IORIO

Crytpo Net Worth - $750 million - 1 billion

Anthony Di Iorio is a Canadian entrepreneur primarily known as a co-founder of Ethereum and an early investor in Bitcoin. Di Iorio is the founder and CEO of the blockchain company Decentral, and the associated Jaxx wallet. He also served as the first chief digital officer of the Toronto Stock Exchange. In February 2018, Forbes estimated his net worth at $750 million–$1 billion.

“I got the concept of Bitcoin right away,” says Anthony Di Iorio, 43, one of Ethereum’s cofounders. Di Iorio, who went to Ryerson University in Toronto to study marketing, spent the 2000s managing his family’s patio-door business as well as running a geothermal drilling firm. After watching the financial crisis decimate the real estate industry, Di Iorio found himself studying economics, trying to understand what had happened. “I was looking at alternative ways of thinking about economics, and I really started understanding learning about what money really is — that whole libertarian thinking about sound money.”

He’s proud to have helped build Ethereum, now worth over $100 billion. “Now I go into a bank, and they’re like, ‘Oh my God, you started Ethereum,’ whereas before they’d say, ‘We can’t give you a bank account.’ Now they come to me.”

7) MATTHEW ROSZAK

Crypto Net worth: $900 million - $1 billion

Mathew Roszak (born 1975) is the cofounder bloq; founder Tally capital. Roszak participated in the first initial coin offerings beginning in 2013, before the term even existed, buying such currencies as Mastercoin, Factom and Maidsafe. “I’ve been very fortunate and was very early,” says Matt Roszak, who, prior to crypto, worked as a tech entrepreneur, cofounding software companies; as a venture capitalist at firms like SilkRoad Equity (where he settled SEC charges of insider trading); and in private equity for Advent International in the United Kingdom.

A true believer, he went on in 2013 to become a limited partner in San Francisco-based Blockchain Capital’s first fund. Tally Capital, which consists of his own capital, has invested in 20 startups, including some of the most successful exchanges in the space, like Coinbase, Kraken and BTCC.

He’s always looking for new converts: Roszak, 45, says he gave Richard Branson and Bill Clinton their first Bitcoins.

6) BRIAN ARMSTRONG

Crypto Net worth: $900 million to $1 billion

Brian Armstrong is the chief executive of Coinbase, the largest cryptocurrency exchange in the U.S. Armstrong co-founded Coinbase, which is based in San Francisco, in 2012. Coinbase raised $300 million in October 2018 in a financing round led by Tiger Global that valued the company at $8 billion.

In August 2017, Coinbase raised $100 million at a valuation of $1.6 billion from six firms, including the prestigious Greylock Partners. The company offered a share buyback, and almost no employees took it–a nearly unprecedented situation in Silicon Valley. Smart move: A month later, Coinbase told its investors that it was on track to generating $600 million in annual revenue at its current pace. As Bitcoin mania continued, Coinbase became the most downloaded iPhone app in the U.S., and its monthly unique users grew to 4.3 million, according to Verto Analytics. Coinbase generated $1 billion of revenue in 2017.

What’s even more remarkable are its pretax margins, which exceed 70%, according to industry insiders, compared to 40% for Schwab. According to one person privy to the transaction, shares of Coinbase recently traded on the secondary market for a valuation of about $4.5 billion. It’s not hard to make the case the company is worth much more.

5) MATTHEW MELLON

Crypto Net worth: $900 - $1 billion

Born in 1966, Matthew Mellon, heir to one of America’s great banking fortunes, and a former chair of the New York Republican Party’s finance committee, has struggled with drug addiction. So when he began dabbling heavily in cryptocurrencies years ago, his friends and family tried to dissuade him, figuring it was another erratic obsession. And, indeed, he abandoned some early investments and sold his Bitcoin a few years ago.

But then Mellon got turned on to XRP, spending some $2 million to acquire coins, which he liked because it’s one of the few cryptocurrencies that are working within the banking system. “Crypto is scary and dark. It’s anti-America,” says Mellon, 54. “I am pro-America, pro-business and pro-bank. That’s why I went with Ripple.”

Mellon’s XRP is worth around $1 billion. Recently divorced, he parties in a posh Los Angeles house he rents for $150,000 month. “It’s $1 billion virtually for free. I actually have earned it because I was the only person who was willing to raise his hand,” says Mellon. “My family thought I was insane, when I knew it was a home run.”

4) CAMERON & TYLER WINKLEVOSS

Crypto Net worth: $900 million to $1 billion

The twin brothers, Cameron and Tyler Winklevoss (born August 21, 1981) have waged, for now, one of the great comeback stories in American business. For years they were a punch line, the privileged jocks that Mark Zuckerberg left in the dust to build Facebook. Famously, the Winklevoss twins, 36, accused Zuckerberg of stealing their idea for a social network, suing Facebook and settling for $65 million in Facebook stock and cash. They drew down on that war chest when they began investing in Bitcoin in a big way in 2012 — a move that drew yet more derision as Facebook shares continued exploding. But the former Olympic rowers held on to their Bitcoin through the digital currency’s violent ups and downs, including an 80% drop from 2013 to 2015, and sunk more money into other crypto-assets like Ether.

They also built a lucrative New York-based cryptocurrency exchange, Gemini, where investors can buy and sell digital currencies. Before opening the trading platform in 2015, the “Winklevii” worked closely with New York regulators. “Our philosophy is to ask for permission, not forgiveness,” Cameron Winklevoss has said. Today Gemini sits alongside Coinbase as one of the few places where U.S residents can easily sell crypto for U.S. dollars. It recently handled $300 million of transactions daily and might have more long-term value than the twins’ currency holdings. When it gained approval to operate as a financial services firm two years ago, it cleared a high barrier to entry, says Stan Miroshnik, CEO of the Element, an investment bank for cryptocurrency token sales. “That’s a years-long and capital-intensive legal process.”

3) CHANGPENG ZHAO

Crypto Net worth: $1.1 billion - $2 billion

Changpeng Zhao is a Chinese-Canadian business executive, who is the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume, as of April 2018. Zhao was previously a member of the team that developed Blockchain.info and also served as chief technology officer of OKCoin. Beginning in 2013, he worked for various cryptocurrency projects including Blockchain.info and also served as chief technology officer of OKCoin.

In 2017, Zhao left OKCoin to start a cryptocurrency exchange called Binance. He launched the company in July 2017, following a $15 million funding raised during an initial coin offering. In less than eight months, Zhao grew Binance into the world's largest cryptocurrency exchange by trading volume, as of April 2018. In February 2018, Forbes Magazine placed him third on their list of "The Richest People In Cryptocurrency". As of September 2018, his net worth is estimated at $1.1 billion.

2) JOSEPH LUBIN

Crypto Net Worth: $1 billion - $5 billion

Joseph Lubin is a Canadian-American entrepreneur. He has founded and co-founded several companies including the Swiss-based EthSuisse, contributing heavily to Ethereum, the decentralized cryptocurrency platform. Lubin is founder of ConsenSys, a Brooklyn-based software-production studio.

After reading the Satoshi Nakamoto Bitcoin white paper, he felt blockchain technology, and its possibility for creating shared infrastructure, could serve as “an organizing principle for Earth, the world, the planet,” says Lubin, 53. A Toronto native, like his Ethereum cofounders Anthony Di Iorio and Vitalik Buterin, Lubin heard of Buterin’s November 2013 Ethereum white paper, and after he spoke with them on New Year’s Day 2014, he committed to support the project.

1) CHRIS LARSEN

Crypto Net Worth: $7.5 - $8 billion

Chris Larsen (born 1960), Co-founder of Ripple, is a business executive and angel investor best known for co-founding several Silicon Valley technology startups, including one based on peer to peer lending. In 1996, he co-founded the online mortgage lender E-Loan, and during his tenure as CEO E-Loan became the first company to freely provide consumers' FICO credit scores. By 2000, E-Loan's market value was estimated at $1 billion In 2005, Larsen left the company when it was sold to Banco Popular. In 2006, he co-founded Prosper Marketplace and he served as CEO until 2012. Later in 2012, he co-founded the company Ripple Labs, Inc., which developed Ripple, software that enables the instant and direct transfer of money between two parties.

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So Bio' Source - Wikipedia

All list Source - Forbes

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I thing crypto is the future. I can see its brightness. I wish I could invest like them

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