Ripple Chairman and Co-founder Chris Larsen has profited so much from the asset’s bull run he could be the world’s richest person.
That’s according to BitFury CEO George Kikvadze, whose made a tweet about Larsen’s likely huge personal wealth gains over the past year.
The Rise of Ripple
Over the past month, Ripple has enjoyed a substantial appreciation in value, climbing from roughly $0.25 to a high of $3.82 yesterday, according to Coinmarketcap.com
“At Ripple's Implied Market Value of $320 bln - Chris Larsen with his 37 percent stake has become the world's richest person bypassing (Bill Gates) & (Warren Buffett),” Kikvadze noted Wednesday.
Ripple, the Inadvertent Cryptocurrency, Approaching the Point of Flippening
Coinbase Deflects Rumors of Ripple Integration
The world's second leading cryptocurrency by market cap continues to hold value, despite the Coinbase announcement.
In establishing itself as a leading cryptocurrency, demand for Ripple (XRP) has naturally increased, sending many investors to seek an avenue to acquire as many shares of XRP as possible. Coinbase operates the GDAX exchange, and has seen its number of users skyrocket in recent months.
Too bad it won't be listed on Coinbase anytime soon (according to Armstrong at Coinbase). Maybe middle of the year? XRP will drop significantly I bet.
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yes i know but hold on don't sell
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