‘Hurun China Rich List 2019’ Features 12 Crypto Magnates

“Hurun China Rich List 2019” published by Hurun Report, a research, media and investments firm, features 12 local crypto magnates.

“Hurun China Rich List 2019” published by Hurun Report, a research, media and investments firm, features 12 local cryptocurrency magnates.

The latest list was published on Oct. 10 and includes co-founders of mining giant Bitmain Micree Zhan and Jihan Wu, founder of major crypto exchange Binance Changpeng Zhao and founder of competing OKCoin — Star Xu. Lastly, Leon Li, founder of cryptocurrency exchange Huobi, is also on the list.

Mining hardware producers and crypto exchanges’ CEOs

Bitmain’s Zhan — with his net worth of 30 billion Chinese yuan (over $4.2 billion) — has secured for himself the 100th position on the list. Binance’s Changpeng Zhao is ranked 195th thanks to his 18 billion yuan ($2.5 billion) personal wealth. Interestingly, he moved up 35 positions compared to the 2018’s list.

Founder of OKEx Star Xu took the 398th spot on the list with 10 billion yuan ($1.4 billion). Huobi’s Li is placed 530th with 7.5 billion Chinese yuan (over $1 billion). Hu Dong, founder of mining ASICs producer Ebang, has reached the 684th place with a net worth of 6 billion Chinese yuan ($0.84 billion).

As Cointelegraph reported in September, cryptocurrency exchange Coinbase and Ripple, the blockchain startup behind XRP, have fallen out of the top 10 of this year’s business and employment-oriented service Linkedln’s “The 50 Hottest U.S. Companies to Work For” list.

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Author: Adrian Zmudzinski


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