The ex-CEO of Ripple remains the only …

Ex-CEO of Ripple remains the only representative of the crypto industry on the Forbes-400 list

Forbes magazine published an updated version of the 400 richest people in the United States on October 2. Jeff Bezos continues to lead, followed by Bill Gates and Warren Buffett. At the same time, representatives of the cryptocurrency industry are less and less able to break into Forbes ratings..

The only person whose main source of income is indicated by “cryptocurrencies” in the new list is Chris Larsen, who, together with Jed McCaleb, founded the fintech company Ripple in 2012..

Larsen’s assets are estimated by Forbes at $ 2.1 billion, which puts him at 388th place on the list. Larsen lost five positions compared to last year, but the amount of his capital has not changed.

At the peak of the cryptocurrency market, Larsen’s fortune nominally exceeded $ 37.3 billion. At the same time, the assets of the current CEO of Ripple, Brad Garlinghouse, were estimated by Forbes at $ 9.5 billion. This year he could not get into the Forbes-400 list.

The ex-CEO of Ripple remains the only ...

Over the past time, the rate of the XRP cryptocurrency developed by Ripple has also dropped many times. When the Forbes report was published in early January 2018, XRP was trading at an all-time high of around $ 3.84. Now its rate is $ 0.25.

Already in February of the same year, Forbes estimated Larsen’s assets at $ 7.5-8 billion, and Garlinghouse’s at $ 400-500 million.

The ex-CEO of Ripple remains the only ...

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