Forbes's new billionaire list features four crypto entrepreneurs with a combined $8.7 billion net worth


Four crypto entrepreneurs – with a combined net worth of $8.7 billion – have made it to Forbes’ 2020 global billionaires list.

On Forbes’ newly-released billionaire list, Amazon CEO Jeff Bezos occupies the top spot with a $113 billion net worth, followed by Microsoft founder Bill Gates, fashion magnate Bernard Arnault, and American investor Warren Buffett.

Four members of the cryptocurrency industry were also named on the list. Those featured include Bitmain co-founders Micree Zhan and Jihan Wu, Ripple co-founder Chris Larsen, and Coinbase chief executive Brian Armstrong. Their personal wealth is estimated to be $3.3 billion, $1.8 billion, $2.6 billion, and $1 billion, respectively.

ConsenSys founder Joseph Lubin and Binance CEO Changpeng Zhao did not show up on the list. Both appeared on Forbes’ “richest people in cryptocurrency” list published in 2018.

According to Forbes’ previous estimates, Lubin holds a crypto-centric net worth of $1-5 billion and Zhao holds that of $1.1-2 billion. However, the two are absent from the 2020 billionaire list. 

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Aug 11, 2021, 5:18PM UTC