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Justin Sun, the founder of TRON, has officially joined the ranks of the world’s billionaires, according to the Forbes World’s Billionaires List 2025. Sun is listed with a net worth of $8.5 billion, placing him at number 353 globally. This marks his first appearance on the list, despite earlier reports from Arkham Intelligence estimating his net worth at $1.4 billion as of January 2024.
The Rise of Crypto Billionaires
With Justin Sun’s inclusion, the number of crypto magnates featured on the Forbes list has increased to sixteen. Collectively, these cryptocurrency titans have amassed a combined net worth exceeding $164 billion.
Changpeng Zhao Retains Top Spot
Former Binance CEO Changpeng Zhao, widely known as CZ, continues to dominate as the richest cryptocurrency billionaire. Ranked 24th on the Forbes list, Zhao’s net worth soared from $33 billion to $62.9 billion within a year. This growth comes despite legal challenges, including fines and a four-month incarceration.
After stepping down as Binance CEO, CZ now leads YZi Labs, previously known as Binance Labs. His ability to maintain his wealth despite these hurdles solidifies his position as a key figure in the cryptocurrency industry.
Giancarlo Devasini: Second Richest Crypto Billionaire
Giancarlo Devasini, the Chief Financial Officer of stablecoin issuer Tether, ranks as the second wealthiest crypto figure. With a net worth of $22.4 billion, he holds the 90th spot on the Forbes list. Devasini is reportedly the largest shareholder of Tether, a firm that continues to play a significant role in the stablecoin market.
Tether’s dominance is further highlighted by the inclusion of three other executives on the Forbes list: former CEO Jean-Louis van der Velde, current CEO Paolo Ardoino, and General Counsel Stuart Hoegne.
Winklevoss Twins and Gemini
Cameron and Tyler Winklevoss, co-founders of the cryptocurrency exchange Gemini, tie in 1141st place with individual net worths of $3.2 billion. Established in 2014, Gemini processes approximately $30 million worth of cryptocurrency transactions daily, cementing the twins’ influence in the crypto space.
Brian Armstrong and Fred Ehrsam of Coinbase
Coinbase co-founders Brian Armstrong and Fred Ehrsam also made the Forbes billionaires list. Armstrong holds the 311th spot with a net worth of $9.2 billion, while Ehrsam ranks in 1362nd place with $2.7 billion.
Michael Saylor: A Bitcoin Advocate
Chairman of Strategy, Michael Saylor, has seen his fortune grow by $3 billion compared to the previous year, bringing his net worth to $7.4 billion and placing him at 430th on the list. Strategy, formerly known as MicroStrategy, is the largest corporate holder of Bitcoin, owning 528,185 BTC valued at approximately $45 billion.
Other Notable Crypto Billionaires
Several other prominent names from the cryptocurrency industry have secured spots on the Forbes list:
- Chris Larsen, co-founder of Ripple
- Jed McCaleb, founder of Stellar
- Tim Draper, venture capitalist
- Mike Novogratz, CEO of Galaxy Digital Holdings
- Matthew Roszak, chairman of Bloq
The growing presence of crypto figures on the Forbes World’s Billionaires List reflects the increasing influence and financial power of the cryptocurrency industry.
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