Rank #1101
Jed McCaleb
Net worth $3.9B
Cryptocurrency · United States
- Born
- Jan 01, 1975
- Age
- 51
- Source
- Cryptocurrency
- Residence
- Berkeley, California
- Citizenship
- United States
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- An early pioneer in the blockchain space, Jed McCaleb helped launch three well-known crypto firms.
- In 2010 he created Mt. Gox, the first major Bitcoin exchange, which he sold a year later before it was hacked.
- McCaleb cofounded Ripple in 2012, but soon left over disagreements with fellow founders.
- His next venture, in 2014, was cofounding Stellar, a Ripple competitor that aims to speed up cross-border payments.
- Most of McCaleb's wealth comes from selling much of the original 9 billion XRP he pocketed as a Ripple cofounder. He sold his last coins in 2022.
- Before entering crypto, McCaleb created the file-sharing service eDonkey2000, which was sued by major record companies over copyright infringement.
- McCaleb's separation agreement with Ripple required him to move 2 million XRP tokens to a charitable fund of his choice.