The Top 10 Wealthiest Bitcoin Millionaires – LetKnowNews

The Top 10 Wealthiest Bitcoin Millionaires – LetKnowNews

Bitcoin is the most well-known cryptocurrency in circulation today. Created in 2008 by the mysterious inventor (or group of inventors) going by the name of Satoshi Nakamoto, it has established itself as a pioneer of digital currencies. Bitcoin hit its highest value of $19,891 in 2017, and investors are hopeful for another huge rise in the coming months.

Cryptocurrency exchanges are definitely trending, and there are countless tales of people making millions from their Bitcoin exchanges. Though many economists and bankers would warn against investing with any cryptocurrencies, others think it is the way of the future. Here are the top 10 Bitcoin owners, who have made millions off of their trades.

Barry Silbert: $500 Million

Named among Fortune magazine’s ’40 Under 40′ list for wealth and success, Barry Silbert has established a key position in the blockchain industry. As founder and CEO of Digital Currency Group, he has transformed the technology used to trade digital currency.

With more than 50 investments in over 15 countries, and in several cryptocurrencies, DCG is one of the most active seed investors in the industry. A true entrepreneurial success, Barry Silbert has amassed a net worth of over $500 million.

Kingsley Advani: $5 Million

Kingsley Advani is one of the youngest investors and Bitcoin millionaires of our generation. At just 24 years old, he became a Bitcoin millionaire, after having invested an initial sum of $34,000 in cryptocurrencies. Within 6 months, his investment had turned into 7-figures, allowing him to quit his day-job at a software company, and travel the world working as an advisor. His investments have largely been in the education field, a field that he is passionate about. Serious about blockchains, Advani doesn’t party much, and prefers to meditate and research cryptocurrency. His determination and focus have allowed him to amass a net worth of over $5 million.

Andrew Hamilton: $2 Million

Chicago native Andrew Hamilton is one of the frontrunners on the bitcoin rich list. The founder of cryptocurrency trading platforms Coupit and Rubix, he has had major success as an entrepreneurial leader in the industry. He is among those who own the most bitcoins in the world, with an estimated $200 million worth of Bitcoin to his name.

Working at the Chicago Mercantile Exchange as a stock and commodities broker for over a decade, Hamilton gained the experience and skills needed to launch his own ventures. His background in the e-commerce niche has allowed him to grow his businesses, comfortably landing him a spot on the bitcoin millionaires list.

Ian Balina: $6 Million

Ian Balina is a well-known and highly respected Blockchain investor and self-made millionaire. He has successfully founded three million-dollar businesses, and brings a data-driven, research-based approach to cryptocurrency exchange. He was allegedly hacked of close to $2 million worth of cryptocurrency in 2018, but that doesn’t seem to have slowed down his success. A natural in the spotlight, he has captivated thousands with his rags-to-riches story. He has been featured in Forbes, The Wall Street Journal, and TechCrunch. His net worth is $6 million.

Dan Morehead: $200 Million

Dan Morehead is a household name in the cryptocurrency world. He founded Pantera Capital in 2013, which was the first investment to focus solely on cryptocurrencies. The fund has provided investors more than a 24,000% return since its launch, aiding in the creation of many Bitcoin millionaires.

With over 25 years experience as a Goldman Sachs trader, Morehead has the perfect background to support his entrepreneurial goals. Despite a 73% loss of value in 2018, Pantera’s Digital Asset Fund is still considered one of the top cryptocurrency stocks to buy. Dan Morehead has a net worth of $200 million.

Tim Draper: $1 Billion

Tim Draper is a venture capital investor who has made over $1 billion with his portfolio of investments. In 2014 he received coverage for his auction purchase of bitcoin, seized from the black market. The 30,000 bitcoins were reportedly worth $19 million at the time of the sale. He made a $20 million dollar profit when he predicted that the bitcoin would rise to an all-time high value of $10,000 per bitcoin, which happened in 2017. As a successful businessman, he also hosts seminars and training programs for those interested in investing.

Blythe Masters: $50 Million

Blythe Masters is a prominent English economist who previously served as Head of Global Commodities at JP Morgan Chase bank. She previously co-founded the blockchain trading company, Digital Asset Holdings, where she was CEO from 2015–2018, when she stepped down from the position. She’s famously advocated for the building of blockchain, while she isn’t a huge bitcoin fan. Among her achievements in business, she is credited as being the founder of the credit default swap. Despite being on a bit of a professional hiatus, she is still one of the most successful blockchain investors, with a net worth of $50 million.

Tony Gallippi: $20 Million

Tony Gallippi is one of the pioneers in the cryptocurrency world. He cofounded BitPay in 2011, a comprehensive website that allows users to purchase goods and commodities. Within the first year, the website grew from 100 merchants, to over 1,100. The venture has had massive success, due in part to the backing from high-level investors like Virgin Group, Yahoo, and Index Ventures. BitPay is the largest bitcoin checkout website, and continues to reflect massive profits for investors. Tony Gallippi has amassed a net worth of $20 million from his efforts.

Tyler & Cameron Winklevoss: $600 Million Combined

Perhaps the most recognized faces in the cryptocurrency world are the Winklevoss twins. Former Olympic rowers, they ventured into the world of Internet entrepreneurship as venture capitalists. Estimated to own more than $1 billion worth of bitcoin, the brothers are worth more than $6o0 million, combined. They were portrayed in 2010’s hit film, The Social Network; when studying at Harvard University, they founded the ConnectU social media site, which was the original inspiration for the present day Facebook.

Roger Ver: $520 Million

Roger Ver was one of the earliest investor’s in bitcoin, and has been promoting the cryptocurrency Bitcoin Cash for the last several years. He serves as the executive chairman of the popular website Bitcoin.com. In 2014, he renounced his United States citizenship, after having run in to some legal trouble, and having spent 10 months in jail. He holds a passport in Saint Kitts and Nevis, and has spent many years living in Japan. The entrepreneurial genius has a net worth of over $520 million.

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Published at Mon, 04 Nov 2019 07:29:25 +0000

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