Cryptocurrency

Cryptocurrency

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'Cryptocurrency' made Four Youths 'Billionaires', Know More About Them…

There is a lot of enthusiasm among people around the world about investing in cryptocurrencies. Let's take a look at some of the young people who used to be from middle-class homes before bitcoin transformed their lives.

There is a lot of enthusiasm among people around the world about investing in cryptocurrencies. In India also a large number of people are investing funds in cryptocurrencies. While investing in cryptocurrencies is benefiting the common people, many young people have made a lot of wealth by investing in them. Not only this, but his name is also on the list of the richest American people of Forbes. Let's take a look at some of the young people who used to be from middle-class homes before bitcoin transformed their lives.

Richest Billionaire in Forbes

Sam Bankman-Fried, the founder and CEO of cryptocurrency exchange FTX, is the richest billionaire to be incorporated in the Forbes list on behalf of the crypto industry. Sam Banksman-Fried has an estimated net worth of Rs 1.67 lakh billion. He is one of the four major players to dominate the ongoing competition to dominate the Rs 17.51 ​​lakh crore crypto empire. The majority of his holdings are FTX shares and tokens. He is the richest billionaire to be possessed in the Forbes list on behalf of the crypto industriousness.

<div class="paragraphs"><p>Sam Bankman-Fried</p></div>

Sam Bankman-Fried

Image Credit: Coin Desk

Net Worth of 11.5 Billion Dollars

Brian Armstrong is the Chief executive officer and co-founder of Coinbase, the enormous US crypto dealings company. Since Coinbase's IPO in April 2021, his fortune has gradually increased. Armstrong owns a 19% stake in the company. These days his net worth has attained 11.5 billion dollars.

Changpeng Zhao, Binance Founder

Binance's founder and CEO Changpeng Zhao is of Chinese descent but runs his empire from Canada. He exceeded American Arthur Hayes, the originator of the Bit-MEX exchange, 3 years earlier. As of 2021, his net worth is estimated at $1.9 billion.

<div class="paragraphs"><p><strong>Changpeng Zhao, Binance Founder</strong></p></div>

Changpeng Zhao, Binance Founder

Image Credit: VOI

Cameron and Tyler Brother

Cameron and Tyler Winklevoss are believed to be the first billionaires because of bitcoin. Winkle invests in a variety of cryptocurrencies. Both brothers also have investments in Gemini Exchange. It is also claimed that 1% of the bitcoins in circulation are with these two brothers. It is estimated that they both hold 1,80,000 bitcoins.

All four belong to the middle-class family

It is known about four major crypto businessmen that all four belong to a middle-class family. Arthur Hayes came from a simple business family, while Bankman's father is a professor of law at Stanford University. Apart from this, Zheng's father fled from China to Canada during the Cultural Revolution.

<div class="paragraphs"><h2>Cryptocurrency</h2></div>
A Common Dream of Congress-Free India in West Bengal

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