Cha-Ching! Forbes' List of Cryptocurrency's Richest People

The Cryptocurrency craze has made a select group of individuals really, really rich. Now we know who they are, thanks to Forbes.

Forbes compiled a list of the richest crypocurrency moguls for their February 28, 2018 issue. To make the top 10 cut, a net worth of $350 million or more was required. The average age of Forbes top crypto-zillionaires is only 42, compared to the average age of 67 for Forbes 400 wealthiest Americans.

Bitcoin.

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"Our first-ever Crypto Rich list provides a snapshot of a pivotal moment, part of the transparency needed to pull crypto away from its provenance as an unknown currency," said Forbes Media Chief Content Officer Randall Lane.

Forbes' top ten:

Rounding out spots 11 through 19 are these individuals:

• Brendan Blumer: CEO, Block.one
  • Age 31, $600-700M
• Dan Larimer: Chief Technology Officer, Block.one
  • Age 35, $600-700M
• Valery Vavilov: CEO, Bitfury
  • Age 38, $500-700M
• Charles Hoskinson: Cofounder, Etherium, OIHK
  • Age 30, $500-600M
• Brad Garlinghouse: CEO, Ripple
  • Age 47, $400-500M
• Barry Silbert: CEO, Digital Currency Group
  • Age 41, $400-500M
• Vitalik Buterin: Creator of Etherium
  • Age 24, $400-500M
• Tim Draper: Founder, Draper Associates
  • Age 59, $350-500M
• Song Chi-Hyung: CEO, Dunamu, Founder, Upbit
  • Age 38, $350-500M

They've made some serious coin virtually overnight.

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Since the beginning of 2017, the aggregate value of the 1500 crypto-assets has ballooned to a whopping $550 billion. This amounts to an average 14,409 percent price increase of the three biggest cryptocurrencies: Bitcoin, Etherium, and Ripple.

According to Forbes, "we based our numbers on estimated holdings of cryptocurrencies (a few provided proof), post-tax profits from trading crypto-assets and stakes in crypto-related businesses, and locked in our estimates using prices on Jan. 19, 2018."