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The 2024 Crypto Billionaires List: Binance CEO Takes the Top Spot Once Again

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For the third consecutive year, Changpeng Zhao, the founder and former CEO of the renowned crypto exchange Binance, has been named the wealthiest individual in the world of cryptocurrencies, according to the latest Forbes rankings.

Famously known as CZ, Zhao’s net worth now stands at a staggering $33 billion, a notable increase from last year’s $10.5 billion, catapulting him to the 50th position among the wealthiest individuals globally.

Despite his admission of guilt to U.S. money laundering charges in November, CZ, who has seen the most substantial growth in wealth in the crypto sphere since the previous year, amassed the majority of his fortune through his significant ownership stake in Binance, which remains the largest trading platform in the industry based on trading volume.

Meanwhile, the CEO of MicroStrategy, Michael Saylor, has seen his net worth soar to an estimated $4.4 billion, a significant leap from $760 million the year before, attributed to MicroStrategy’s substantial investments in Bitcoin.

Similarly, Brian Armstrong, the CEO of Coinbase, has witnessed his net worth rise to an estimated $11.2 billion, a substantial increase from $2.2 billion, driven by the remarkable performance of Coinbase’s shares, which have quadrupled in value over the past year. EXPLORE THE COMPLETE CRYPTO RICH LIST

 

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