The Hurun Research Institute's latest "Rich List" reveals that the cryptocurrency industry has produced 23 billionaires globally, with Binance founder Changpeng Zhao ranking 12th among Chinese entrepreneurs. Zhao's fortune has surged by over 30% to 200 billion yuan, placing him 76th worldwide. Ripple's Chris Larsen and Revolut's Nikolay Storonsky also saw significant wealth increases, with Larsen's net worth at 110 billion yuan and Storonsky's wealth rising by 122%. The report highlights Tether's strategic success in linking stablecoins to US Treasury bonds, surpassing Wall Street investment banks.
Crypto Industry Produces 23 Billionaires, Binance's Zhao Ranks 12th in China
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