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.
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.
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).