Over the past few years, the value of Bitcoin surged from less than $100 to thousands of dollars. It is not in doubt that the massive surge in the token within these years was majorly driven by its mainstream popularity and adoption.
Here is a list of the top 5 Bitcoin billionaires:
1. Mark Cuban: The influential personality is reported to be one of the earliest investors in Bitcoin. According to findings, 60% of his crypto portfolio is in Bitcoin. While 30% of his crypto holdings is in ETH, reports suggest that the remaining 10% is in Dogecoin. He bought all of these assets in their early days. The fact that the billionaire holds more Bitcoin than Ether despite his romance with the latter surprises many of his followers. Although, he has continued to describe his investments in the two tokens as the most lucrative crypto investments in his portfolio. Without any doubt, Mark Cuban remains one of the influential Bitcoin billionaires and whales. He has a current net worth of about $5.4 billion according to Forbes estimates.
2. Michael Saylor: Michael Saylor is another notable personality in our list of top Bitcoin billionaires. The Microstrategy owner boasts of about $4.8 billion net worth according to Forbes. As of late 2022, he holds not less than 17;732 BTC in his portfolio. Saylor bought the assets in its early stage for an overall price of $9,882. Apart from his personal investment, he also influenced his firm, Microstrategy to invest in the token. Today, Microstrategy is one of the biggest institutional holders of Bitcoin.
3. Changpeng Zhao: Changpeng Zhao, according to Bloomberg, is the wealthiest person in the crypto industry. This is due to his massive net worth that’s dominated by his Bitcoin and BNB holdings. Thus, he earning him a place in our list of notable Bitcoin billionaires. Also, as the CEO of the largest cryptocurrency exchange in terms of trading volume, the net worth of Changpeng Zhao is supported by the success of Binance. However, there are no official records or reliable sources regarding the actual net worth of the Binance boss. Nevertheless, we can rely on several notable sources to establish that Changpeng Zhao is one of the Bitcoin Whales. Changpeng Zhao made his first investment in Bitcoin in 2014.
4. Elon Musk: Elon Musk is a pro-crypto and on various occasions, he has reflected his opinion about various cryptocurrencies. There are pointers that he holds Bitcoin, Ethereum, and Dogecoin. Although, around 2019 he revealed that he owns 0.25 BTC, however, Elon Musk seems to invest in Bitcoin and Dogecoin through his automobile company, Tesla.
Meanwhile, Elon Musk has voiced his support for Dogecoin. Due to that, some events or activities related to him often have an impact on the price of the token. For instance, when the news of Elon Musk’s takeover of Twitter first surfaced in April 2022, the price of Dogecoin rallied by a significant portion. Similarly, the token soared as well when the billionaire eventually completed the takeover in October 2022. Certainly, Elon Musk is one of the notable Bitcoin billionaires in the industry today.
5. Barry Silbert: Barry Silbert is one of the self-made Bitcoin billionaires who is prominent in the crypto space as the CEO of Digital Currency Group (DCG). Also, Barry Silbert is a Bitcoin Whale and his investment in BTC can be traced back to 2012. Due to that, he’s regarded as one of the early investors of Bitcoin. In 2012, he spent $175,000 to acquire Bitcoin when the token was worth just $11 each.
Additionally, Barry Silbert on different occasions often discloses his interest in Bitcoin depending on the market situation. Nonetheless, the total crypto holding of Barry Silbert is not available in the public domain. In 2022, Forbes ranked Barry Silbert ninth with a net worth of $3.2 billion on the list of the top wealthiest people in crypto.
