Chris Larsen, the co-founder of Ripple, has seen his net worth fall by US$1.3 billion. According to Crypto Presales' calculations from US$4.3 billion to US$3 billion.
Gary Wang, the co-founder of FTX, lost about US$1.7 billion after the collapse of the crypto exchange. Despite this financial setback, he was still able to make it onto the Forbes top 400 rich list in 2022, with a net worth of approximately US$4.2 billion.
Brian Armstrong, the CEO and co-founder of Coinbase, has seen his net worth drop by US$4.7 billion in the last year. His current net worth is estimated to be US$1.9 billion. ext
Sam Bankman-Fried, the founder and face of crypto exchange FTX, lost an estimated US$23 billion in three weeks as the exchange had liquidity issues, resulting in his removal from the Forbes billionaire list. He is now being investigated for possible securities violations in various countries.
Changpeng Zhao, the CEO of Binance, was known as the Chinese crypto king, but lost an estimated US$82 billion in 2022 due to the dip in crypto prices. Despite the loss, Zhao is still the richest person in the crypto market, with a net worth of US$14.6 billion.