Justin Sun becomes latest crypto mogul to join Forbes’ Billionaires List

written by TheFeedWired

Justin Sun has recently joined the ranks of the world’s billionaires, earning recognition from Forbes as a notable figure in the cryptocurrency space. As of the 2025 Forbes World’s Billionaires List, Sun’s net worth stands at an impressive $8.5 billion, placing him at position 353. This year marks his debut on the list, despite an earlier estimate by Arkham Intelligence that pegged his wealth at approximately $1.4 billion in January 2024.

With Sun’s recent addition, there are now sixteen individuals from the cryptocurrency sector on the Forbes list, collectively boasting more than $164 billion in wealth.

Changpeng “CZ” Zhao, the former CEO of Binance, continues to hold the title of the wealthiest figure in cryptocurrency. He occupies the 24th position on the list, with his net worth soaring from $33 billion to $62.9 billion over the past year, despite facing significant challenges, including fines and a four-month incarceration. Following his exit from the CEO role at Binance, Zhao now heads YZi Labs, previously known as Binance Labs.

In the second spot among cryptocurrency elites is Giancarlo Devasini, the Chief Financial Officer of Tether (USDT). He ranks 90th on the list, with an estimated net worth of $22.4 billion, making him the largest shareholder of Tether. Notably, four out of the sixteen cryptocurrency figures on the billionaires list are associated with the stablecoin powerhouse, Tether, which also includes former CEO Jean-Louis van der Velde, current CEO Paolo Ardoino, and General Counsel Stuart Hoegne.

Gemini, the cryptocurrency exchange founded by identical twins Cameron and Tyler Winklevoss, sees both twins tied at 1141st place, each with a net worth of $3.2 billion. Established in 2014, Gemini currently facilitates around $30 million in crypto transactions daily.

The co-founders of Coinbase (BASE), Brian Armstrong and Fred Ehrsam, have earned their spots on the billionaires list as well. Armstrong ranks 311th with a net worth of $9.2 billion, while Ehrsam is positioned at 1362nd with $2.7 billion.

Michael Saylor, the Chairman of Strategy (formerly MicroStrategy), has experienced a notable increase in his net worth, now estimated at $7.4 billion, placing him 430th. Saylor’s company is recognized as the largest corporate holder of Bitcoin (BTC), with a staggering 528,185 BTC valued at around $45 billion.

Other prominent individuals in the cryptocurrency sector making an appearance on the list include Chris Larsen of Ripple (XRP), Jed McCaleb of Stellar (XLM), venture capitalist Tim Draper, Galaxy Digital Holdings CEO Mike Novogratz, and Bloq chairman Matthew Roszak.

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