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The Richest Person In Cryptocurrency

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The Richest Person In Cryptocurrency

The Richest Person In Cryptocurrency is Chris Larsen, a Stanford M.B.A. and veteran Silicon Valley operator who at the January market peak fleetingly had a fortune of some $20 billion, the bulk of it derived from

In the world of cryptocurrency, fortunes can be made overnight, and the winners of this digital lottery differ from those in previous manias. The shadowy beginnings, at once anarchistic, utopian and libertarian, have drawn an odd lot of pioneers—from antiestablishment cypherpunks and electricity-guzzling “miners” to prescient Silicon Valley financiers and a larger-than-usual assortment of the just plain lucky “hodlers,” the typo-inspired crypto jargon for “buy-and-hold” investors.

The Richest Person In Cryptocurrency

The Richest Person In Cryptocurrency Chris Larsen, a Stanford M.B.A. and veteran Silicon Valley operator who at the January market peak fleetingly had a fortune of some $20 billion, the bulk of it derived from his 5.2 billion XRP, the token of Ripple, the company he cofounded with Jed McCaleb in 2012 to facilitate international payments for banks using blockchain technology. His company controls 61 billion of the 100 billion XRP in supply.

 Forbes is calculating his net worth based solely on the XRP he owns personally and the value of his 17% stake in Ripple, against the company’s most recent valuation: $410 million. Ripple counts Mitsubishi Financial, Bank of America and Santander among its 100-plus customers.

A serial entrepreneur, Larsen, 57, cofounded the online mortgage lender e-Loan, in 1997, and, eight years later, Prosper, the peer-to-peer lender that has been valued at more than $1 billion.

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He seems to have hit it bigger here, even if XRP is nothing more than a speculation vehicle — and one that’s down 65% since the beginning of the year. While Larsen stepped down from the company more than a year ago, he still serves as executive chairman and tells Forbes he’s “100% focused on Ripple and helping the team any way I can.” Given these kind of numbers, he’d be crazy not to.

About Chris Larsen

Chris Larsen  is a business executive and angel investor best known for co-founding several Silicon Valley technology startups, including one based on peer to peer lending. He is The Richest Person In Cryptocurrency

In 1996, he co-founded the online mortgage lender E-Loan, and during his tenure as CEO E-Loan became the first company to freely provide consumers’ FICO credit scores. By 2000, E-Loan’s market value was estimated at $1 billion

 In 2005, Larsen left the company when it was sold to Banco Popular. In 2006, he co-founded Prosper Marketplace and he served as CEO until 2012.

 Later in 2012, he co-founded the company Ripple Labs, Inc., which developed Ripple, software that enables the instant and direct transfer of money between two parties.

Self-described as “radically pro-consumer,” Larsen has been a vocal advocate of financial privacy in California, and in 2001 he co-founded the coalition Californians for Privacy Now.

 He has appeared as a speaker at industry events such as Sibos, SWIFT’s flagship conference, and written articles for publications such as American Banker.

He is also a board-member or advisor for organizations such as Credit Karma, the Electronic Privacy Information Center (EPIC), Qifang, and Betable.

On January 4, 2018, Forbes estimated Larsen’s worth at $59 billion, briefly putting him ahead of Mark Zuckerberg and into fifth place in their list of world’s richest people.

 In 2020, he ranked No. 319 in the Forbes 400 list of the richest people in America.

Check out How Covid-19 is creating New Billionaires

In 2020, Larsen and Ripple each donated US$1 million to five San Francisco food banks for Covid-19 relief efforts

The Richest Person In Cryptocurrency

Larsen and John Witchel co-founded Prosper Marketplace Larsen served as CEO. From 2006 to 2009, Prosper operated a variable rate model, acting as an eBay-style online auction marketplace with lenders and borrowers ultimately determining loan rates using a Dutch auction-like system.

 Through the website,  borrowers can request personal loans, while Prosper handles the servicing of the loan and distributes borrower payments and interest back to the loan investors. Prosper also makes borrowers’ “credit grades” public, and verifies identities and select personal data. Larsen himself had funded 450 loans through the website as of 2008, with borrowers as diverse as homeowners, college students, credit-card users, and entrepreneurs.

By 2008, Prosper had facilitated the funding of over $120 million in loans, with an average loan amount of $7,000.

In 2008 Fast Company named Prosper to its Fast 50 List of the “most innovative companies of the year.”

video icon Jim Breyer, a partner at Accel Investments, interviews Chris Larsen about Prosper at an industry panel (October 25, 2006)

 In 2011, Larsen was outwardly supportive of the Occupy Wall Street movement, raising money to help feed protesters at the nearby OWS encampment in San Francisco.

 By the end of the year, Prosper had facilitated $271 million in peer-to-peer loans, and the company had received a total of $74.5 million in funding from investors such as Jim Breyer, Tim Draper, Omidyar Network, Nigel Morris, and Court Coursey.

 On March 15, 2012, Larsen announced that he would be resigning from his role as CEO, though he remained Chairman of the company.

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Khabonina Qubeka Net Worth

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Khabonina Qubeka net worth

What is Khabonina Qubeka net worth

Khabonina Qubeka aka Khabodacious. Nina is a South Africa actress television presenter, dancer, choreographer, fitness and wellness coach, businesswoman and singer. She is one of the most successful celebrities in South Africa.

Read on as we bring to you What is Khabonina Qubeka net worth and biography

Acting career

Qubeka first rose to prominence playing the character of Doobsie on the SABC 2 soapie “Muvhango”, from 2006 to 2007 . She had various other TV roles in the following years, including in the SABC drama series For Sale (2007), The Lab (2008) and on the eTV soapie “Rhythm City”, in 2009.

Read Top 10 Richest Celebrities in South Africa

As of 2010, she started in the M-Net telenovela The Wild, as well as appearing on the shows The Mating Game and Erfsondes. In 2014, she hosted her own fitness and lifestyle show on OpenView HD’s eKasi+ channel, called Gym e’Kasi (Gym at Home), about making the right food and exercise choices in the comfort of your home and neighbourhood. She’s also done the political thriller Ihawu Lesizwe, for the SABC. In 2017,she won the Indie Spirit Award for best actress at the Boston International Film Festival

She got the award for playing the character Dora in the film, Dora’s Peace. According to her, starring in the film made her see prostitutes from a different perspective. The film was also screened at Orlando Film Festival and Beijing International Film Festival. In 2017, she was reported to be acting as Nina Zamdela in television series, Isidingo.

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In the same year, she was also reported to be releasing a new film, titled She is King. In October 2017, she was announced as the hostess of a new South African program, that is centered around school teachers.

In addition to acting, Qubeka is also a dancer and fitness advocate. She regularly uses social media to promote healthy lifestyles and body shape.

Khabonina Qubeka Net Worth

Khabonina Qubeka net worth is estimated at R16 million. she won best actress at the Boston International Film Festival Awards and was nominated as best actress at the Florida Film Festival and Best Actress at the Africa Movie Academy Awards for her role as “Dora” in Dora’s Peace

She hosted a BET show Fix My Love and has been known for her role as Maxine on a South African award winning show The Wild.

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Nandi Nyembe Net Worth

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Glusea brings to you Nandi Nyembe net worth

Nandi Nyembe  is a South African actress known for her roles in the sports drama Zone 14, and Soul City.

Early life

Nyembe was born in Kliptown, Johannesburg, in 1950, also stayed in various places, like Botswana and East London , South Africa when she was young. Nyembe has shared how she used to always be cast as a maid in auditions, because of the apartheid regime

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Nyembe is known for playing Nandi Sibiya from 1 until 2012 on Zone 14.She also portrayed the character of Lily on SABC 1 hit teen-dramaYizo Yizo (2001-2004), and the leading character in the SABC 1 sitcom Izoso Connexion, from (2006-2007).

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She acted in feature films, including Reasonable Man (1999), Saturday Night at the Palace (1987) and supporting actress in Yesterday, in 2004

Nandi Nyembe Net Worth

Nandi Nyembe net worth is estimated at $800,000..

Nyembe has also been a cast member on several television shows, including Mzansi Magic’s IsithunziIsibaya and The Road for two seasons. In 2016, she was cast in the e.tv drama series Ashes to Ashes. In 2017,Nyembe joined the cast of Mzansi Magic Isithembiso Dolly.

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Nyembe has a daughter Nyembe who practiced sangoma (Medium/phycic), she had her sangoma initiation when she was only 17.

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Jessica Nkosi Net Worth

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Jessica Nkosi net worth

Glusea brings to you Jessica Nkosi net worth and biography

Jessica Ayanda Nkosi is a South African actress and TV presenter, best known for her leading roles in M-Net commissioned telenovelas Isibaya, Ayeye and recently The Queen.

In this article, we will be bringing to you Jessica Nkosi net worth and other information you need to know.

Early life

Jessica Nkosi was born in Empangeni, KwaZulu-Natal to Jabu Nkosi and Nhlanhlayethu Ntuli. Nkosi moved to Eshowe, KwaZulu-Natal after the separation of her parents. While Nkosi was in Grade 11, her father died from Hodgkin’s Lymphoma.

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Nkosi attended the University of KwaZulu-Natal. Although she began her studies pursuing a Bachelor’s Degree in Law, she later switched to studies toward a Bachelor’s Degree in Drama and Performing Arts from which she graduated in 2012

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On September 2018, Nkosi and her partner Uzalo actor, Ntokozo Dlamini welcomed their daughter, Namisa Dlamini.

n 2015, she starred as Eve on Mzansi Magic’s Ayeye.

In 2020, Jessica began her new role as Thando Sebata on the popular South African telenovela, The Queen.

Jessica Nkosi Net Worth

Jessica Nkosi net worth is $16 million. Nkosi has made appearances on numerous award shows such as the Channel O Music Video Awards, the MTV Africa Music Awards, V-Entertainment and other shows. She has appeared on variety shows such as MTV’s Lip Sync Battle Africa as a celebrity guest. She has been brand ambassador for several brands including;

  • Durban Tourism – Ambassador
  • Clinique – Global Ambassador
  • Volvo – Ambassador
  • G.H. Mumm – Ambassador

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