CEOs of Coinbase, FTX and Binance Top Blockchain Billionaire's List

According to Hurun Report's 2020 ranking, there are 17 blockchain billionaires, 11 of whom were new additions in 2020.

AccessTimeIconMar 4, 2021 at 3:21 p.m. UTC
Updated Sep 14, 2021 at 12:21 p.m. UTC
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Brian Armstrong of Coinbase, Sam Bankman-Fried of FTX and Zhao Changpeng of Binance have topped a Chinese ranking of blockchain billionaires.

According to Hurun Report's "2020 Global Rich List," released Tuesday, there are 17 blockchain billionaires – individuals whose wealth is predominantly derived from cryptocurrency exchanges, investors or miners – 11 of whom were new additions in 2020.

Brian Armstrong CEO of Coinbase heads the list with a stated net worth of $11.5 billion ahead of the crypto exchange's public listing, expected to be valued at $100 billion.

CEO of FTX Sam Bankman-Fried ($10 billion), and CEO of Binance Zhao Changpeng ($8 billion) follow in second and third places.

Other notable entries include the Winklevoss twins tied in seventh place ($2.8 billion) and Michael Saylor, co-founder of MicroStrategy, ($2.4 billion) who shares ninth place with Matthew Roszak, co-founder of Bloq.

Conspicuous by his absence, Bitcoin founder Satoshi Nakamoto ought to top the list with an estimated wealth of $50 billion, though it cannot be included because his identity is not known, Hurun said.

This figure would in fact win Nakamoto a place in the top 25 of Hurun's overall "Rich List," headed by Tesla CEO and crypto tweeter Elon Musk ($197 billion), Amazon founder Jess Bezos ($189 billion) and LVMH CEO Bernard Arnault ($114 billion).

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