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Top 5 Billionaires Who Lost the Most Money Due to 2022 Crypto Crash

The most prominent crypto billionaire have together suffered a combined loss of $112.7 billion only in one year. 

Notably, the founder and CEO of Binance, Changpeng Zhao (CZ), was the crypto billionaire who sustained the largest net losses following the crypto crisis of 2022, with a net worth drop amounting to $82 billion. After Zhao came FTX founder and former CEO Sam Bankman-Fried, who reportedly lost $23 billion in just three weeks before his arrest on charges of conspiracy and fraud in late 2022.

Elsewhere, the chief executive and co-founder of Coinbase suffered the third most significant loss among the top five crypto titans with $4.7 billion. Meanwhile, the co-founder of FTX, Gary Wang, and the co-founder of Ripple, Chris Larsen, lost $1.7 billion, and $1.3 billion, respectively. 

Crypto Changpeng Zhao FTX Sam Bankman-Fried Coinbase Ripple
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