This article explores the impact of the XRP rally on Ripple executives, particularly Chris Larsen and Brad Garlinghouse. It highlights Larsen's significant wealth accumulation through XRP holdings and Garlinghouse's preference for a less volatile approach.
During the massive XRP rally in 2018, top Ripple executives, including co-founder Chris Larsen , were among the wealthiest individuals globally. Larsen's net worth skyrocketed to $54 billion due to his possession of 9 billion XRP tokens. While Larsen benefited significantly from XRP 's price surge, Ripple 's CEO, Brad Garlinghouse , opted for a 2% company stake and a salary instead of XRP tokens.
Garlinghouse expressed concerns about the volatility of crypto assets in 2021, acknowledging the risks associated with a substantial portion of his net worth being tied to them. In 2020, Garlinghouse confirmed holding XRP, Bitcoin (BTC), and other altcoins. Recently, XRP experienced another surge in 2023, becoming the third-largest cryptocurrency by market cap. This rally led to Larsen adding $6 billion to his net worth in a single month. Alex Dovbnya, a cryptocurrency expert and journalist, authored this article
XRP Ripple Chris Larsen Brad Garlinghouse Cryptocurrency Rally Volatility Net Worth
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