Current Affairs - Persons - Discussion

Forbes has released its first ever list of richest people in terms of cryptocurrency ownership. During 2017, cryptocurrency garnered lot of attention owing to meteoric price appreciation witnessed in popular cryptocurrencies viz. Bitcoin, Ethereum and XRP. With an estimated crypto net worth of $7.5-8 billion, Ripple co-founder Chris Larsen has topped this inaugural list. Forbes report has outlined that currently there are nearly 1500 cryptoassets in existence. Combined valuation of all the cryptoassets stands at $550 billion. Among others who featured on the list include Joseph Lubin with crypto net worth of $1-5 billion, Changpeng Zhao ($1.1-2 billion), Cameron & Tyler Winklevoss ($900 million-1.1 billion) and Matthew Mellon ($900 million-1.1 billion).