The Success of the Top 5 Bitcoin Millionaires in the Cryptocurrency World
TOP 5 BITCOIN MILLIONAIRES – Meet these successful individuals who are now among the richest because of the cryptocurrency bitcoin.
Have you heard about bitcoin? For people who are into digital investments, it is surely a very familiar term. It refers to a digital blockchain-cryptocurrency that was first launched in 2009.
Then, bitcoin did not make much noise or attracted people. It is viewed as a risky asset – until now. Meanwhile, there are these individuals who took the risk and are now among the top 5 bitcoin millionaires after the price surge of the cryptocurrency in the previous years.
Based on an article on Investopedia, Barry Silbert is the founder and the Chief Executive Officer (CEO) of Digital Currency Group, a company that is geared on accelerating the global financial system development. He is known as the “King of Crypto”. His company acquired CoinDesk, the top source of Bitcoin news. He also owns Genesis and Grayscale companies which are also on digital currencies.
Also one of the top 5 Bitcoin millionaires is Blythe Masters, the CEO of Digital Asset Holdings (DAH). Her company is focusing on the making of encryption-based processing tools that improves Bitcoin procedures.
Morehead is the founder of Pantera Capital, it is the first investment in the world that is focusing on cryptocurrencies. It has already launched a crypto fund as early as 2013.
Tyler and Cameron Winklevosss
Based on the article, twins Tyler and Cameron Winklevosss are not just millionaires but billionaires following the spike in the prices of Bitcoin in 2017. The twins own approximately 1% of all Bitcoins in circulation.
According to the article, Michael Novogratz who is a billionaire has invested 30% of his wealth in cryptocurrencies. It was in 2015 when he started investing and the now one of the top Bitcoin millionaires got a $500 million cryptofund.
Until now, cryptocurrencies are risky assets. Meanwhile, for these people, the pay was undeniably worth all the risk.