02.04.2025
Artem Shendetskii
News Author and Editor
02.04.2025

Justin Sun becomes crypto billionaire, according to Forbes

Justin Sun becomes crypto billionaire, according to Forbes Justin Sun debuts at No. 353 on Forbes’ Billionaires List

​Justin Sun, the founder of the TRON blockchain, has officially joined the ranks of the world’s billionaires, according to Forbes’ 2025 World’s Billionaires List. 

With an estimated net worth of $8.5 billion, Sun debuts at No. 353, marking a significant leap in personal wealth and cementing his status as one of the most prominent figures in the crypto industry, Сrypto.news informs.

Sun’s inclusion brings the total number of crypto billionaires on the Forbes list to 16, with their combined net worth exceeding $164 billion. His rise comes amid renewed interest in blockchain technology and digital assets, despite lingering regulatory and market volatility.

Crypto wealth climbs despite legal scrutiny

Sun’s wealth marks a dramatic increase from earlier estimates. As recently as January 2024, analytics firm Arkham Intelligence had pegged his net worth at approximately $1.4 billion. The updated valuation reflects both personal holdings and rising valuations in the TRON ecosystem and other blockchain ventures tied to Sun. By the way, we recently reported that Justin Sun is celebrating Tron's success.

Meanwhile, Changpeng “CZ” Zhao, the former CEO of Binance, retains his crown as the richest figure in crypto. Placed at No. 24, his fortune surged from $33 billion to $62.9 billion, even after serving four months in prison and paying regulatory fines. CZ now leads YZi Labs, the rebranded innovation arm previously known as Binance Labs.

Tether executives rise in billionaire ranks

Joining the crypto elite are four key figures from Tether, the world’s largest stablecoin issuer: CFO Giancarlo Devasini (No. 90, $22.4 billion), along with former CEO Jean-Louis van der Velde, current CEO Paolo Ardoino, and General Counsel Stuart Hoegner. Tether’s dominance highlights the central role of stablecoins in crypto market infrastructure and liquidity.

Gemini co-founders Cameron and Tyler Winklevoss are ranked 1141st with a net worth of $3.2 billion each. 

Co-founders Coinbase Brian Armstrong ( 311st) and Fred Ehrsam ( 1362nd) also made it to the billionaire list. 

Strategy founder Michael Saylor's fortune grew by $3 billion over the year and he was ranked 430th.

As crypto continues its evolution from fringe innovation to mainstream finance, the growing number of billionaires in the sector signals its staying power. With regulatory landscapes shifting and markets maturing, the fortunes of figures like Justin Sun may serve as a barometer for the future of blockchain’s global impact.

We informed you earlier that Justin Sun begins buying TRON memecoins.

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