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The cryptocurrency world has grown at an exponential pace in the past year and a half. Prices have skyrocketed, and this has attracted the rich and famous alike. Investors have been looking to put their money into digital assets that they think have a good chance of appreciating. With the cryptocurrency market continuing to expand and more assets being created every day, it’s no wonder that the rich would want to get involved.
Either through investing in tokens, mining them, or simply buying them and holding them, the rich are getting involved in the cryptocurrency world in a big way. They all trade on reputable exchanges such as Etherum Code. We’ll take a look at five of the richest people in Cryptocurrencies today.
1 Erik Voorhees.
Erik Voorhees is a cryptocurrency investor, who’s currently worth over $1.7 billion. He is the founder of ShapeShift, a cryptocurrency exchange based in Switzerland. He was born in New York and graduated from Johns Hopkins University with a degree in economics and political science.
2. Fundstrat’s Tom Lee.
Tom Lee, the Head of Research at Fundstrat Global Advisors, is one of the richest people in Cryptocurrencies. He has been an important voice in recent cryptocurrency trends and has predicted that Bitcoin could reach as high as $25,000 by the end of 2018. With a net worth of $1 billion and his company’s research showing that Bitcoin could reach $25,000 by the end of this year, it’s no wonder he’s on the top of Forbes’ Richest People in Cryptocurrencies list.
Lee is a true believer in blockchain technology. His firm believes that Cryptocurrencies will help transform society and create new wealth. With so much potential from this emerging technology, Lee is optimistic about what crypto can do for people around the world.
According to data collected by CoinMarketCap, Lee is one of the wealthiest people in crypto today with an estimated net worth of over $1 billion as of May 2018.
3. Kik’s Ted Livingston.
Ted Livingston, the founder, and CEO of the popular messaging app Kik is one of the five richest people in Cryptocurrencies. With a net worth of $2.7 billion, he’s considered one of the most successful entrepreneurs in the world today because he’s responsible for making a huge impact on society through his digital company.
Kik has an estimated 35 million registered users that use its platform to communicate with friends and family. They have raised $120 million in venture capital funding since 2008. The company is headquartered in Canada, but it currently has offices worldwide and intends to expand even more.
Ted Livingston has contributed a lot outside of his company as well; he co-founded (with Vitalik Buterin) Blockchain International Association, which educates people on blockchain technology and Cryptocurrencies. He also joined the board of advisors at PayPal when they were looking to make a blockchain-based cryptocurrency payments system that could compete with Bitcoin or Ethereum’s solutions. Plus, he helped found Canada’s first Bitcoin Embassy and Blockchain Research Center at Toronto University in 2013.
4. Billionaire Tim Draper.
Many people may not know that there are billionaires involved in cryptocurrency. One of them is Tim Draper, who is worth an estimated $6.2 billion. What’s interesting about Tim Draper is that he doesn’t hold any Cryptocurrencies. Instead, he holds the tokens issued by a company called the CyberMiles Foundation, which was created to help entrepreneurs and businesses use blockchain technology to create new products.
5. Mike Novogratz.
$1.3 Billion Mike Novogratz is a former hedge fund manager who saw the potential in Cryptocurrencies long before they hit the mainstream. He has invested heavily in Bitcoin, Ethereum, and various other coins since he first started investing in 2013. Mike has one of the largest personal cryptocurrency portfolios in the world with a current net worth of over $1.3 billion.
Conclusion.
Just because someone has a lot of money, doesn’t mean they’re automatically a great investor. If you’re considering investing in Cryptocurrencies, it’s important to do your research and find the best people to learn from.
The cryptocurrency market can be a confusing and volatile place, so it’s important to know the fundamentals of investing in this field. The five richest people in Cryptocurrencies have made millions and millions of dollars, but they also share their knowledge and wisdom on how to succeed in this new and exciting field.
