Ripple co-founders became the world richest billionaires

Home » ALTCOINS » Ripple co-founders became the world richest billionaires
Ripple co-founders became the world richest billionaires

Over the past few weeks, all co-founders of Ripple Labs Inc, which owns 60% of XRP tokens, have become billionaires due to the exponential growth of the cryptocurrency. Thus, at the peak of XRP growth ($ 3.84 per token), the wealth of Ripple co-founder Chris Larsen, who owns 5.19 billion XRP and 17% of shares in Ripple Labs, was around $ 55.8 billion.

Chris Larsen

According to the Bloomberg billionaire index, Larsen would have to take the 8th place between Google founder Larry Page ($ 54.1 billion) and Carlos Slim ($ 63.2 billion). In addition, Jeb McCaleb, also known as the founder of Stellar’s blockchain-startup company, left the company in 2013 and retained the right to 5.3 billion XRP (currently $ 17.3 billion). These tokens, however, are closed in the escrow account, and McCaleb receives only fixed monthly payments.

In turn, the current CEO of Brad Garlinhaus owns a share of 6.3%, as well as an unknown number of XRP tokens. According to preliminary estimates, his fortune already exceeds $ 10 billion.

Brad Garlinhaus

It is worth recalling that in 2018 Forbes published a list of the wealthiest businessmen in the cryptocurrency industry, which included 19 people.

Chris Larsen, the co-founder and former CEO of Ripple Labs, headed the list of the crypto-billioners. He owns 5.2 billion XRP, which equals $ 7-8 billion.

Joseph Lubin, co-founder of Ethereum, founder of the blockchain company ConsenSys and former CEO of Goldman Sachs, is on the second place. He owns from $ 1 to $ 5 billion.

Among the crypto-billionaires in the rating there are Winklewos brothers ($ 900 million – $ 1.1 billion), Coinbase CEO Brian Armstrong ($ 900 million – $ 1 billion), Galaxy Digital CEO Mike Novograts ($ 700 million – $ 1 billion), EOS project founder Dan Miller ($ 600- $ 700 million), Bitfury CEO Valery Vavilov ($ 500- $ 700 million), IOHK CEO Charles Hoskinson ($ 500- $ 600 million), Ethereum founder Vitalik Buterin ($ 400- $ 500 million), venture investor Tim Draper million) and the head of Digital Currency Group Barry Silbert ($ 400- $ 500 million).

  • bitcoinBitcoin$3,980.68
  • ethereumEthereum$134.88
  • rippleXRP$0.310131
  • tetherTether$1.00
  • eosEOS$3.62
  • stellarStellar$0.106442
  • litecoinLitecoin$58.57
  • cardanoCardano$0.052523
  • tronTRON$0.022207
  • moneroMonero$52.32
  • iotaIOTA$0.309765
  • nemNEM$0.048339
  • dashDash$89.71
  • neoNEO$8.92
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 41
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 40
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 40
Anton Vokrug, the CEO of DataTrading, about the financial markets and cryptocurrencies
The topic of cryptocurrency regulation will be actual for several more years in Ukraine. The Government of Ukraine has already taken steps towards the adoption of relevant cryptocurrency-related laws. In particular, the Ukrainian officials work on the legalization of the project “The Concept of State Policy in the Field of Virtual Assets”. However, what does the regulation really mean […]
2019-02-27 0 142
© 2017–2018