Billionaires Who Lost Their Wealth in the 2022 Crash!
Changpeng Zhao (CZ):
CZ’s net worth has shrunk by a whopping $82 billion. In 2021 CZ held a net worth of $96.5 billion and now it is around $14.6 billion.
Sam Bankman-Fried (SBF):
FTX founder, Sam Bankman-Fried is the biggest loser of 2022 following the exchange bankruptcy SBF lost nearly $23 billion of personal wealth within a few days.
Brian Armstrong, CEO of Coinbase, has seen a $4.7 billion decline in wealth. His estimated net worth today is $1.9 billion, a drop from an estimated $6.6 billion one year ago.
Chris Larsen, a co-founder of Ripple, saw a $1.3 billion decline in value in 2022. his was valued at $4.3 billion only a few months ago.