Crypto billionaires have lost significant amounts of wealth in the past week. Ripple Founders Chris Larsen and Jed McCaleb lost 19% and 27% of their XRP fortune.

 

 

Michael Saylor and Tim Draper suffered the biggest losses

According to a new Forbes article, several crypto billionaires have lost over $ 15 billion over the past nine days, while bitcoin and other major cryptocurrencies have been on a heavy decline over the past nine days. According to a Forbes article, former Ripple CEO Chris Larsen lost 19 percent of his net worth in nine days. It decreased from $ 6.9 billion to $ 5.6 billion.

Ripple’s former CTO and founder of Stellar, Jed McCaleb, lost 27 percent of his net worth.

Michael Saylor and Tim Draper suffered the biggest losses

Forbes states that the heaviest damage to net assets was given to Michael Saylor, who has 92,079 bitcoins (worth $ 3,650,545,618) on his balance sheet.

As for Bitcoin Supporter Tim Draper, his wealth fell 39 percent: from $ 1.8 billion to $ 1.1 billion.

LEAVE A REPLY

Please enter your comment!
Please enter your name here