Ripple chairman and co-founder Chris Larsen has benefited so much from the bull run of fortune that he could be the richest person in the world.
So says BitFury CEO George Kikvadze, who tweeted about Larsen’s likely tremendous personal wealth gains over the past year.
“With Ripple’s implied market value of $ 320 billion, Chris Larsen has become the richest person in the world with his 37 percent stake bypassing (Bill Gates) & (Warren Buffett),” noted Kikvadze on Wednesday.
BREAKING: With RIPPLE’s implied market value of $ 320 billion – Chris Larsen has become the richest person in the world with his 37% stake, bypassing @BillGates & @WarrenBuffett !!! @CNBC @business @Forbes CONGRATULATIONS CHRIS!
– George Kikvadze (@BitfuryGeorge) January 4, 2018
Ripple’s XRP token wowed investors with profits of over 35,000 percent in 2018, much of which happened in the past few months.
Only Coinbase’s announcement that it had “no plans” to add new assets, including XRP, could bring prices down a bit, shooting to highs of over $ 3.60 per token.
Meanwhile, Forbes gave a more conservative outlook on Larsen, but put the co-founder’s fortune at up to $ 59 billion.
“That would have brought Mr. Larsen shortly before Facebook boss Mark Zuckerberg to fifth place on Forbes’ list of the richest people in the world,” commented the New York Times on the data.
Zuckerberg happened to point out plans to incorporate cryptocurrency into unnamed Facebook “services” this week and announced in a post that he was “interested in digging deeper and exploring the positive and negative aspects of. to study [technologies like encryption and cryptocurrencies]and how to best use them. “