SBF tumbles off Bloomberg's billionaire index after trouble at FTX
Sam Bankman-Fried no longer ranks in the top 500 on Bloomberg’s billionaire index, but CZ remains at rank 87. Crypto billionaire Sam Bankman-Fried may not be able to claim the "billionaire" accolade anymore after an estimated 94% plummet in his personal wealth overnight, according to the Bloomberg Billionaires Index.Bankman-Fried was once a high rider in Bloomberg’s wealth index with an estimated net worth of $26 billion at his peak. However, the crypto entrepreneur is now no longer appears in the top 500.On Nov. 9, the outlet reported that his personal fortune is "likely" to be....
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Bloomberg recently launched multiple asset indices to help investors diversify their traditional portfolios, a pioneering work that combines bitcoin and commodities. Bloomberg – a global financial media, data, and technology company – introduced its Bitcoin & Gold Blend Indices which include the Bloomberg Bitcoin and Gold Equal-Weighted Index, and the Bloomberg Dollar, Bitcoin and Gold […]
Billionaire Carl Icahn, the founder of Icahn Enterprises, has predicted that the U.S. economy could be heading into “a recession or even worse.” The famous investor warned of “a lot of trouble ahead” and “a rough landing.”
Billionaire Carl Icahn Predicts a Recession in the US
Famous investor and billionaire Carl Icahn said Tuesday in an interview with CNBC that a recession or something worse could be on the horizon for the U.S. economy. Icahn is the founder of Icahn Enterprises, a public company and diversified conglomerate holding....
Changpeng Zhao's net worth overtook Asia’s richest billionaire Mukesh Ambani despite Bloomberg excluding his personal crypto holdings such as BTC and the exchange’s in-house BNB tokens. Changpeng Zhao, the CEO of Binance, tops the list of richest crypto billionaires with an estimated net worth of $96 billion.According to Bloomberg CZ ranks 11th among the world’s richest people as Binance retains its position as the biggest crypto exchange in terms of trading volume.CZ, the 44-year-old crypto entrepreneur, overtook Asia’s richest billionaire Mukesh Ambani despite Bloomberg excluding his....
According to Bloomberg, the nine DeFi assets selected for the index at launch were based on "institutional trading and custody readiness" in the United States. Financial news site Bloomberg and Galaxy Digital Management have expanded their crypto offering to track the performance of the decentralized finance space.In a Thursday announcement, Bloomberg said it would launch an index currently tracking nine different decentralized finance, or DeFi, projects with Galaxy Digital. As of Aug. 1, these projects included Uniswap (UNI), Aave (AAVE), Maker (MKR), Compound (COMP), Yearn.Finance (YFI),....
British billionaire Simon Nixon, co-founder of price-comparison site moneysupermarket.com, is looking to invest more into Bitcoin and crypto, Bloomberg reports.