Bitcoin Millionaires

Who are Some of the Wealthiest Bitcoin Owners?

Bitcoin is a virtual asset as well as payment system with a market capitalization of $59,690,391,868.

It is considered by many to be one of the most successful currencies ever existed.

Its atmospheric rise since launching in 2009 left billions up for grabs for digitally anyone, so it was only natural that the game-changing cryptocurrency created field of Bitcoin Millionaires.

Barry Silbert

Barry Silbert is the CEO and founder of Digital Currency Group. The company’s aim is to boost the development of the global financial system, and it also accomplishes this mission by building as well as supporting bitcoin and blockchain firms.

In a recent transaction, the company acquired CoinDesk, which is a leading source of bitcoin news, running the annual bitcoin industry conference.

The firm has invested in more than 100 bitcoin-associated companies and is the world’s leading firm for investing in bitcoin-related companies, landing Barry Silbert the enviable nickname “The King of Crypto.”

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Blythe Masters

Blythe Masters is a former managing director at J.P. Morgan Chase & Co. At press time, she is the Chief Executive Officer of Digital Asset Holdings.

The company builds encryption-centric processing tools that improve the efficiency, security, compliance and settlement speed of securities trading, particularly bitcoin.

In May 2018, DAH entered into what appears to be a lucrative partnership with Google Cloud, bringing her firm’s tools to developers so that they won’t need to code them from scratch.

Currently, her company operates six offices on three continents.

Dan Morehead

Dan Morehead is the founder of Pantera Capital, which is the world’s first investment focused on exclusively on digital currencies.

In 2013, Pantera launched its first cryptofund and by the end of last year, it became one of the largest institutional owners of virtual currencies.

The fund has delivered a more than 24,000% return for investors since its debut. Their investment in crypto-related companies range from exchanges as well as investment firms, like Polychain Capital and Bitstamp, to coin trading services, like Augur.

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Tyler and Cameron Winklevoss

Tyler and Cameron Winklevoss parlayed the millions they earned after settling their lawsuit with Facebook into cryptocurrencies and became the first billionaires from a late 2017 surge in bitcoin prices.

They claim to own nearly 1% of all bitcoins in circulation and have devised an elaborate system to store their private key for their digital assets.

Michael Novogratz

Billionaire Michael Novogratz has invested nearly 30% of his fortune in digital currencies.

He started investing in 2015 and declared a $500 million cryptofund, that includes $150 million of his own fortune, in 2017.

Novogratz has also become a prominent pundit on bitcoin’s price movements, and had forecast a price target of $40,000 for the cryptocurrency in late 2018.

Final Words

Investing in digital currencies and other ICOs is highly risky and speculative. Since each individual’s situation is unique, a qualified professional should dependably be consulted before making any financial decisions.

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