Forbes rated losses of crypto billionaires from market fall

by in Cryptocurrency News

Forbes

Against the backdrop of the market collapse, cryptocurrency billionaires have lost a total of $ 15.5 billion. The publication estimated the losses of major industry players over the past nine days.

FTX CEO Sam Bankman-Fried lost the most in dollar terms. According to Forbes, on May 10, his fortune was estimated at $ 16.7 billion, but after the market declined, it decreased to $ 11.5 billion.

The Winklevoss brothers have lost $ 900 million each since May 10. The fortune of the head of MicroStrategy, Michael Saylor, fell 45% to $ 1.8 billion.

Trending: ECB President Concerned that Crypto Can Affect CBs Negatively

Vitalik Buterin completely lost his billionaire status due to the market collapse. According to Forbes, his fortune has decreased to $ 850 million.

However, even in the current situation, the capital of cryptocurrency billionaires is still greater than it was a few months ago, the publication points out.