First movers of a new innovation have always been the first to profit and build wealth. In cryptocurrencies, these first movers are like the makers of pickaxes and shovels in the Gold Rush, except that the wealth they have built is multi-times more!
Net Worth: $2.7 billion
Prior to founding and heading up Ripple Labs Inc., Chris Larsen co-founded E-Loans Inc 1996, which was an online mortgage lender which was valued at about $1 billion by the year 2000. In 2005, Larsen sold E-Loan to Banco Popular. In 2012, after a couple of other ventures, Larsen founded Ripple Labs Inc., which owns Ripple, the software that enables the instant and direct transfer of money between two persons.
Ripple Labs has its own cryptocurrency called XRP. Although Chris Larsen was not the inventor of Ripple, Ripple Net, or XRP, he funded and managed its growth.
As of 2021, he is estimated to have a net worth of $2.7 billion.
Net Worth: $5 billion
He is one of the founders of Ethereum, Joseph Lubin is also the power behind Consensys which is a blockchain software which helps developers, enterprises, and people all over the world in building next-generation applications, launch financial infrastructure, and access decentralized web.
Lubin is a Canadian entrepreneur who founded EthSuisse which is based in Switzerland and which contributes to Ethereum.
Through EthSuisse, Lubin has been working to extend the capabilities of the blockchain technology to store programs in addition to data, as well as facilitate, verify, or enforce the negotiation or performance of smart contracts.
Lubin has also been involved in cross-industry groups to advance solutions relating to governance issues in the blockchain industry.
As of 2021, he is estimated to have a personal fortune of $5 billion.
Net Worth: $500 million
Roger Ver is one of the earliest investors in Bitcoin. Ver is also known as an avid supporter of Bitcoin-related start-up companies, including Ripple, Blockchain, Bitpay, and Kraken, and cryptocurrency investing. He is a controversial figure as he was convicted of felony charges for selling explosives on e-bay.
Owing to his outspokenness, Roger Ver is known to use his influence on social media to talk about Bitcoin, which has given him the nickname the Bitcoin Jesus. However, in recent years, Bitcoin Jesus has been supporting Bitcoin Cash.
According to some reports, Ver has more than 100,000 bitcoins in his wallet. As of 2021, Roger Ver is thought to be worth over $500 million.
Cameron and Tyler Winklevoss
Net Worth: $1.5 billion
The Winklevoss twins are famous for their legal spat with Mark Zuckerberg which won them a settlement that certainly provided them with a good financial war chest to carry out their investment in cryptocurrency.
The Winkelvoss twins are in fact widely believed to be the first Bitcoin billionaires. They are known to have invested not only in Bitcoin but in different cryptos and blockchain projects.
In 2015, the twin brothers launched Gemini, a crypto exchange that allows traders to buy and sell digital assets.
As of 2021, the brothers own 179,605.25 Bitcoins, putting their combined personal wealth to be well over $1.5 billion.
Net Worth: $500 million
Blythe Masters is a British former executive at JPMorgan Chase. She is the former CEO of Digital Asset Holdings, a financial technology firm developing distributed ledger technology for wholesale financial services, and one of Digital Asset Holdings’ main products is the so-called Digital Asset Modeling Language, designed to help experts create smart contracts.
Masters is widely credited as the creator of the credit default swap as a financial instrument. She is also Chairman of the Governing Board of the Linux Foundation’s open-source Hyperledger Project, member of the International Advisory Board of Santander Group, and Advisory Board Member of the US Chamber of Digital Commerce.
With her work, Masters has proved that the crypto industry is not reserved for men. There is data that shows that nearly half of investors interested in cryptocurrency is made up of women.
As of 2021, Blythe Masters is thought to be worth at least $500 million, although there is scant information about net worth.
Net Worth: $1 billion
Tim Draper is most known for his purchase in July 2014 from the bailiffs in an auction of seized bitcoins from the Silk Road website. He is an ardent promoter of Bitcoin and decentralization.
He is also the founder of Draper Fisher Jurvetson (DFJ), Draper University, Draper Venture Network, Draper Associates and Draper Goren Holm. His most prominent investments include Baidu, Hotmail, Skype, Tesla, SpaceX, AngelList, SolarCity, Ring, Twitter, DocuSign, Coinbase, Robinhood, Ancestry.com, Twitch, Cruise Automation, and Focus Media.
As of 2021, he is reportedly worth an estimated $1 billion.
Net Worth: $3 billion
He is the founder of one of the world’s largest cryptocurrency exchanges by trading volume. Zhao was previously a member of the team that developed Blockchain.info and also served as chief technology officer of OKCoin. Binance now boasts over 6 million users, and the exchange launched its own token last year – Binance coin (BNB) – which runs on the Ethereum blockchain.
In February 2018, Forbes Magazine placed him third on its list of “The Richest People In Cryptocurrency”.
As of 2021, he is thought to have accumulated a personal fortune of over $3 billion.
Net Worth: $800 million
Matthew Roszak is co-founder and chairman of Bloq, a leading blockchain enterprise software company. He is also a founding partner of Tally Capital, a private investment firm focused on digital assets and blockchain-enabled technology with a portfolio of over 20 investments, including Blockchain Capital, Block.One, Blockstream, Civic, Factom and QTUM.
Roszak is a blockchain investor, entrepreneur, and advocate. He has spent over 20 years in private equity and venture capital with Advent International, Keystone Capital Partners, Platinum Venture Partners, and SilkRoad Equity, and has invested over $1 billion of capital (from start-up to IPO) in a broad range of industries.
Roszak claimed that he was the first person to bestow bitcoins on Richard Branson and Bill Clinton – he can certainly afford to as he has reportedly built up a portfolio worth about $1 billion.
He was an early adopter of cryptocurrencies, having accidentally come across it in 2011. He is also a founding partner of Blockchain Capital’s first fund, Tally Capital, which now invests in around 20 start-ups.
As of 2021, Roszak is thought to have a personal fortune of some $800 million.
Anthony Di Lorio
Net Worth: $1 billion
Anthony Di Iorio is a Canadian entrepreneur and co-founder of Ethereum. He was an early investor in Bitcoin.
Di Iorio is the founder and CEO of the blockchain company Decentral, and the associated Jaxx wallet. He served as the first chief digital officer of the Toronto Stock Exchange.
He has been a proponent of the cryptocurrency movement. His approach has been to fund new cryptocurrencies in their early stages, before cashing out and redeploying capital in new ones. His other investments include Qtum, Vechain, and Zcash. His cryptocurrency net worth is thought to be as high as $1bn.
As of 2021, he is reportedly worth over $1 billion.
Net Worth: $1 billion
Armstrong’s business, Coinbase, remains the popular entry point for cryptocurrency trading in the US. Founded in 2012, Coinbase has two main elements: a brokerage side, where retail customers can buy cryptocurrency using a bank account, and an exchange for larger traders.
Coinbase raised $300 million in October 2018 in a financing round led by Tiger Global that valued the company at $8 billion.
As of 2021, Armstrong is thought to be worth $1 billion.