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The 25 Highest-Paid Athletes Of All Time

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Michael Jordan

The NBA is flush with cash right now thanks to its $24 billion TV deal with ESPN and TNT, as well as its global opportunities. Players are sharing in the riches, with 29 current NBAers in the middle of contracts worth at least $94 million in deals that range from three years in the case of LeBron James to five years for most of the 28 others, according to data from Spotrac. The significance of $94 million: It is more than the career earnings from playing salary of the sport’s greatest player, Michael Jordan, who earned $93.8 million with the Chicago Bulls and the Washington Wizards.

But don’t shed a tear for MJ. Sure, he made more than $4 million during only two of his 15 seasons in the NBA (Bulls owner Jerry Reinsdorf also paid Jordan his $4 million salary during the full season he took off to play baseball). Yet Jordan elevated athlete endorsements to an entirely new level, which has continued long after he hung up his high-tops for good in 2003. The result: Jordan is the highest-paid athlete of all time at $1.85 billion in 2017 dollars (the tally is $1.5 billion in current dollars).

Jordan has partnered with dozens of brands since he turned pro in 1984, including Gatorade, Hanes, MCI, Oakley, Upper Deck, Wheaties and more. His biggest backer has always been Nike, which signed Jordan ahead of his rookie year to a five-year deal worth $2.5 million, plus royalties. The Jordan Brand exploded for Nike and is now a $3.1 billion global business with revenue up 13% over last year and $800 million from two years ago. Jordan’s estimated cut of the business is $140 million this year.

Jordan showed the path to a fortune built on endorsement earnings that has since been followed by Tiger Woods, who ranks second at $1.7 billion. Like Jordan, Woods reached the pinnacle of his sport while shying away from any controversy, making him a marketing darling for sponsors like Accenture, American Express, EA Sports, General Motors and Nike.

READ MORE: Serena Williams Heads The Highest-Paid Female Athletes 2017

Woods banked $600 million (adjusted for inflation) between 2006 and 2010, with endorsements and appearance fees fueling most of the earnings. The image of Woods as the perfect pitchman came crashing down on a Thanksgiving night eight years ago, but he remains the top draw in golf when healthy. His earnings are off 68% from their peak but still rank among the highest in golf.

Forbes‘ earnings estimates include salaries, bonuses, prize money, endorsements and licensing, as well as fees from books, golf course designs and appearances. Earnings cover from the time the athletes turned pro through June 1, 2017, and include money earned after playing careers were over, as well as earnings by the estate in the case of Arnold Palmer. We do not include investment income, and we back-filled years where we did not publish earnings figures, such as prior to 1990 for Palmer and Jack Nicklaus. We adjusted all figures for inflation.

The 25 highest-paid athletes of all time played a mix of eight sports, with golf, basketball and boxing landing five entries each. The top 25 have earned a cumulative $19.4 billion since turning pro ($15.9 billion without adjusting for inflation).

READ MORE: Ronaldo, Le Bron Top World’s Highest-Paid Athletes Of 2017

From branding it like Beckham to the Golden Bear’s Midas touch, these sports legends are so money when it comes to career earnings and endorsement deals.

The Highest-Paid Athletes of All-Time

1. Michael Jordan

Career earnings: $1.85 billion (2017 dollars)

Jordan still maintains his longtime endorsement relationships with Gatorade, Hanes, Nike and Upper Deck, but the investment that made him a billionaire was the $175 million fire-sale price he got the Charlotte Bobcats (now the Hornets) for in 2010. Jordan bumped his Hornets stake to 90% in 2013, and the team is now worth $780 million.

2. Tiger Woods

Tiger Woods

Tiger Woods during the Hero World Challenge at Albany, Bahamas in Nassau, Bahamas. (Photo by Mike Ehrmann/Getty Images)

Career earnings: $1.7 billion

The 14-time major winner has played only 18 official PGA Tour events since the start of 2014 because of injuries (he’s missed the cut or withdrawn from half of them). Sponsors still see value in partnering with Woods, with TaylorMade, Bridgestone and Monster Energy the most recent additions to his endorsement portfolio.

3. Arnold Palmer

Career earnings: $1.4 billion

Palmer died in September 2016, but his estate still banked $40 million during the last 12 months. More than 400 stores sell Arnold Palmer-branded apparel in Asia, with plans to move into new markets like Thailand and Vietnam. His estate has agreements with 39 licensees. The partnership between IMG founder Mark McCormack and his first client, Palmer, revolutionized sports marketing.

4. Jack Nicklaus

Career earnings: $1.2 billion

Nicklaus’ course design company is responsible for 410 courses in 41 countries, with the 18-time major winner involved in three-quarters of the projects. In addition to course design, the Nicklaus business empire includes real estate, wine, ice cream, drinkware, golf academies, lemonade and more.

5. Michael Schumacher

Career earnings: $1 billion

The health of Schumacher, 47, has been precarious since a 2013 skiing accident in the Alps left him in a coma. The F1 titan dominated his sport while racking up seven titles and is one of only six athletes to top the FORBES highest-paid athletes list since 1990.

6. Phil Mickelson

Career earnings: $815 million

Mickelson pitches for Amgen, ExxonMobil, KPMG, Rolex, Grayhawk and the Greenbrier, as well as two new partners in Intrepid Financial Partners and Workday. His $84 million in career prize money ranks second all-time. Coming in second to Tiger has been plenty lucrative for Lefty, who finally outearned his rival in 2015, for the first time since Woods turned pro in 1996.

7. (tie) Kobe Bryant

Career earnings: $800 million

Bryant’s earnings during his playing career were tops all time among team athletes, and he had the highest NBA salary the final six seasons of his career. The Black Mamba is attacking retirement the way he did opposing guards during his 20-year NBA career. He launched Kobe Inc. and a venture capital firm, Bryant Stibel, with $100 million in funding.

7. (tie) David Beckham

Career earnings: $800 million

Beckham’s most lucrative years have come in retirement thanks to royalty deals with Diageo, to launch a new single-grain Scotch whisky called Haig Club, and Global Brands Group, to create Beckham-branded consumer products. Beckham is inching closer to bringing an MLS expansion team to Miami, which he got the rights to at the bargain-basement price of $25 million.

9. Floyd Mayweather

Floyd Mayweather Jr. v Conor McGregor

Dana White splits Floyd Mayweather Jr. and Conor McGregor apart during the World Press Tour at SSE Arena on July 14, 2017 in London, England. (Photo by Matthew Lewis/Getty Images)

Career earnings: $785 million

Our earnings figure for Mayweather does not include his monster payday for his August bout against Conor McGregor (our scoring period ended June 1). His McGregor paycheck makes Mayweather just the sixth athlete ever with earnings of $1 billion.

10. Shaquille O’Neal

Career earnings: $735 million

O’Neal sold a stake in the business of Shaq last year to Authentic Brands Group, which got the rights to roughly half of O’Neal’s future licensing and endorsement revenue in return for a lump sum payment. Shaq’s low-cost sneaker line has sold more than 120 million pairs during his career.

11. LeBron James

Career earnings: $730 million

The NBA’s top pitchman added Intel and Verizon this year to his endorsement portfolio, which already included Nike, Coca-Cola, Beats by Dre and Kia Motor. King James owns a stake in 17 Blaze Pizzas, the fastest-growing food-service business of all-time.

12. Cristiano Ronaldo

Cristiano Ronaldo

Cristiano Ronaldo of Real Madrid during the La Liga match against Sevilla at Santiago Bernabeu Stadium in Madrid, Spain. (Photo by Power Sport Images/Getty Images)

Career earnings: $725 million

Ronaldo is rising up the charts as the highest-paid athlete in the world the past two years, including $93 million in the 12 months ending in June. His Real Madrid contract extension will push the earnings for soccer’s reigning player of the year even higher.

13. Greg Norman

Career earnings: $705 million

Like Shaquille O’Neal and Muhammad Ali before him, Norman sold his future licensing rights to Authentic Brands Group in March. Norman’s company retains control of his real estate, investments and course design operations, but ABG will work on his other business interests in apparel, accessories, steak and wine.

14. Mike Tyson

Career earnings: $700 million

The youngest heavyweight champion in the history of boxing squandered $400 million in earnings (not adjusted for inflation) before filing for bankruptcy in 2003. Tyson has reinvented himself at 51 as an actor and with business partnerships around gaming, motorcycles and fitness centers.

15. Roger Federer

Roger Federer

Roger Federer of Switzerland celebrates after beating Marin Cilic of Croatia during the ATP World Tour Finals at The O2 Arena, London. (Photo by Kieran Galvin/NurPhoto via Getty Images)

Career earnings: $675 million

Federer recently re-took the crown for highest career prize money on the ATP Tour with his resurgent year on the court in 2017. His $111.9 million tally surpasses the total of Novak Djokovic ($109.8 million), as well as that of Tiger Woods, who sits at $110 million in prize money on the PGA Tour.

16. Lionel Messi

Career earnings: $600 million

Messi has been at Barcelona since age 13, and his contract extension last month will keep him at Camp Nou through the 2020-21 season. The buyout clause for Barcelona’s all-time leading scorer doubled under the new deal to $835 million.

17. Alex Rodriguez

Career earnings: $575 million

A-Rod signed two of the three biggest contracts in the history of baseball during his 22-year career and was paid $20 million by the Yankees in 2017 despite retiring last year. He has been busy in retirement as a Fox Sports analyst and a host for an upcoming CNBC reality show, in addition to his high-profile relationship with Jennifer Lopez.

18. Jeff Gordon

Career earnings: $525 million

Gordon won 93 races during his Nascar career, the modern-day record. He owns a stake in Jimmie Johnson’s No. 48 car and could be in line for a larger ownership role at Hendrick Motorsports.

19. Oscar De La Hoya

Career earnings: $520 million

The Golden Boy’s 2007 fight with Floyd Mayweather was the biggest bout in pay-per-view history, with 2.5 million buys, until Mayweather faced Manny Pacquiao. De La Hoya earned a then-record $52 million because he served as the fight’s promoter through his company Golden Boy Promotions, which he founded in 2002.

20. Manny Pacquiao

Career earnings: $510 million

Pacquiao’s pay-per-view career includes 18.6 million buys and gross revenue of $1.2 billion. The Filipino senator lost to Australian Jeff Horn in his only 2017 bout. Pacquiao’s biggest career payday was his 2015 fight with Mayweather, for which he pocketed roughly $125 million.

21. Derek Jeter

Career earnings: $490 million

Jeter’s tenure as an MLB owner is off to a rocky start in South Florida. The 14-time All-Star put up only $25 million of the $1.2 billion price for the Miami Marlins, but Jeter is calling the shots as CEO of the team.

22. (tie) Peyton Manning

Career earnings: $480 million

The five-time MVP retired as the NFL’s all-time leader in passing yards (71,490) and touchdowns (539) and was the NFL record-holder for earnings on and off the field. Manning remains a popular pitchman in retirement, shilling for Nationwide, DirecTV, Gatorade, Papa John’s and Otterbox. He also hosted the 2017 ESPYs.

22. (tie) Kevin Garnett

Career earnings: $480 million

Garnett earned an NBA-record $334 million in playing salary during his 22-year playing career with the Timberwolves, the Celtics and the Nets. His blockbuster six-year, $126 million contract as a 21-year-old in 1997 helped push NBA owners to lock out the players ahead of the 1998-99 season.

24. Evander Holyfield

Career earnings: $475 million

Holyfield’s career-high payday was $34 million, for his second fight versus Mike Tyson, which ended abruptly when Tyson was disqualified for biting off a chunk of Holyfield’s ear. Despite a quarter-century of boxing purses, Holyfield faced major financial issues with a foreclosure of his $10 million, 109-room Atlanta estate and lawsuits for unpaid child support.

25. Andre Agassi

Career earnings: $470 million

Agassi’s massive Nike endorsement deal earned him $140 million over 10 years, including the appreciation of the company stock he received in the pact.

Billionaires

Forbes Billionaires 2018: Meet The Richest People On The Planet

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The gap between the really rich and the merely rich continues to widen, as fortunes soar to new heights. A record 2,208 billionaires made Forbes’ 32 annual ranking of the world’s billionaires. Altogether they are worth a record $9.1 trillion, up 18% from a year ago. The 20 richest people on the planet are worth a staggering $1.2 trillion, a sum roughly equivalent to the annual economic output of Mexico. In aggregate, they may represent less than 1% of total billionaires but their riches amount to 13% of the total fortune of all billionaires worldwide.

Jeff Bezos is the richest person on the planet and the first centi-billionaire atop our annual ranking. Shares of his e-commerce giant Amazon rose 59%  in 12 months, helping boost his fortune by $39.2 billion. It was the biggest one year gain since Forbes started tracking billionaires in 1987. He easily moved ahead of Microsoft cofounder Bill Gates, who ceded the top spot for only the sixth time since 1995.

READ MORE: Here’s Why Jeff Bezos Is Not Truly The Richest Man In History

France’s Bernard Arnault had the second best year after Bezos. Record results at his luxury goods empire LVMH and a deal to buy out nearly all of Christian Dior helped boost Arnault’s fortune by $30.5 billion. He is the richest European for the first time since 2012 and number four richest in the world.

Two tech entrepreneurs from mainland China climbed into the top 20 for the first time. Ma Huateng (also known as Pony Ma) is Asia’s wealthiest person, ranked number 17 in the world, thanks in part to his firm Tencent’s WeChat, a ubiquitous social-messaging app with nearly 1 billion active users. Tencent also has stakes in Tesla, Snapchat parent Snap and music-streaming service Spotify. Jack Ma, the 20th richest person, is the chief of another e-commerce giant Alibaba, whose shares increased 76% in a year.

Forbes pinned down 259 newcomers who made their fortunes in everything from tech and aerospace to private aviation and wedding dresses. China has the most new faces with 89, while the U.S. is next with 18. That is helping close the gap between the two nations. Altogether the U.S. has more billionaires than any country in the world with 585, while greater China (mainland China, Hong Kong, Macau and Taiwan) has 476.

READ MORE: African Billionaire Fortunes Rise

On this year’s list, the billionaires hail from 72 countries and territories, including the first ever from Hungary and Zimbabwe. One country not represented: Saudi Arabia. Forbes chose to leave off all 10 Saudis given reports of asset seizures after the Saudi Crown Prince detained some 200 people, including some billionaires, some for as long as three months.

While the vast majority of the world’s billionaires added to their fortunes in the past 12 months, 16% had fortunes that slipped. One notable loser was President Donald Trump, whose fortune fell $400 million since March 2017 to a current $3.1 billion. He is now ranked 766 in the world, down from 544.

READ MORE: Donald Trump Drops $400 Million On Forbes Billionaires List

Go here for the full list of all the world’s billionaires.

Methodology

The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from February 9, 2018. Some people will become richer or poorer within weeks—even days—of publication. For example, Jeff Bezos’ net worth climbed more than $12 billion in the two weeks between our measuring date for stock prices and when this issue went to press. We list individuals rather than multigenerational families who share large fortunes, though we include wealth belonging to a billionaire’s spouse and children if that person is the founder of the fortune. In some cases we list siblings or couples together if the ownership breakdown among them isn’t clear, but here an estimated net worth of $1 billion per person is needed to make the cut. We value a variety of assets, including private companies, real estate, art, yachts and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes. For daily updates of net worths, go to forbes.com/real-time-billionaires. – Written by 

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Life

The Forbes Five: Hip-Hop’s Wealthiest Artists 2018

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Jay-Z Diddy hip-hop

Last June, when Jay-Z and Beyoncé welcomed twins to their family, they did what many couples do in the wake of a new arrival–move to a bigger home–on quite an epic scale. Over the next few months, they shelled out $26 million for an East Hampton mansion and scooped up an $88 million Bel Air estate, adding 21,000 square feet per newborn. That’s the sort of thing you can do when one partner is a pop demigod and the other is the richest rapper on the planet.

Jay-Z upped his net worth from $810 million to $900 million over the past year, seizing hip-hop’s cash crown for the first time since Forbes started counting back in 2011. The Brooklyn-born mogul’s jump is due mostly to the rising value of his interests in Armand de Brignac champagne and D’Ussé cognac, on top of nine-figure ownership stakes in his Roc Nation empire and Tidal streaming service.

“We always complain about, ‘We don’t own this, we don’t own that.’ … Here he is, this man who owns that,” superproducer Swizz Beatz told me in an interview for my book 3 Kings: Diddy, Dr. Dre, Jay-Z and Hip-Hop’s Multibillion-Dollar Rise. “The sky is not the limit: it’s just a view.”

Jay-Z, Diddy and Dre are not only the wealthiest hip-hop acts on the planet, but the richest American musicians of any genre. Longtime Forbes Five champ Diddy ranks No. 2 this year despite increasing his fortune slightly in the past 12 months; tepid trends in the vodka and cable TV sectors have affected his interests in Ciroc and Revolt, but heady growth at DeLeón tequila, his joint venture with beverage giant Diageo–and massive annual earnings totals in recent years–have kept his net worth trending in the right direction.

READ MORE: Kendrick Lamar: The Conscious Capitalist

Dre ranks third with $770 million, creeping upward thanks to the market trends boosting his nine-figure windfall from Apple’s $3 billion buyout of Beats in 2014. The superproducer is also in line to receive a slug of Apple stock this summer worth well over $100 million; depending on the tech giant’s share price at the time, he could leapfrog Diddy and Jay-Z when that happens.

After the top three, there’s a long drop before the fourth and fifth names on the list: Drake and Eminem, tied at an even $100 million apiece. The youngest impresario of the bunch, 31-year-old Drake has earned more than $250 million since 2010, before taxes and spending; an equity stake in Virginia Black whiskey and pricey estates in Toronto, Canada, and Hidden Hills, California, pad his holdings. His inclusion on the Forbes Five represents yet another career goal achieved.

“If I’m not on your list this year, I’d be gravely disappointed,” he told Forbes back in 2013. “That’s pretty much my objective every year … other than making good music.”

READ MORE: How DJ Khaled Rolls: Hip-Hop’s Boldest Star Shows Off His Major Keys

Eminem isn’t known as a businessman like some of the other names on this list, but he’s still the best-selling rapper of all time and moved more albums in the U.S. during the 2000s than any act in any genre. Fresh off new album Revival, he makes his Forbes Five debut as former listmember Birdman–Drake’s Cash Money Records boss–slips below the $100 million mark in the wake of some apparent liquidity issues.

To compile the Forbes Five rankings, we follow the same procedures used to calculate our list of the world’s billionaires (our annual update arrives Tuesday): valuing major assets, poring over financial documents, and speaking with analysts, attorneys, managers, other industry players and, in some cases, the moguls themselves.

So who will be the first hip-hop star to reach the billion-dollar mark? Trends in the spirits world could continue to play a key role for Jay-Z and Diddy. After the furious rise of vodka in the first part of this decade, fueled largely by flavored variants like those of Ciroc, the market has shifted towards cognac, whiskey and tequila.

“D’Ussé fits right in there,” says Eric Schmidt, Director of Alcohol Research at Beverage Marketing Corporation. “I think DeLeón is poised for growth … it could one day be the next Patrón, but it’s a long road.”

Jay-Z, meanwhile, shouldn’t be slacking off anytime soon: though he and Beyoncé bought their East Hampton abode outright, according to public records, their $88 million Bel Air mansion comes with a $52.8 million mortgage. – Written by 

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Lists

Forbes’ First List Of Cryptocurrency’s Richest People: Meet The Secretive Freaks, Geeks And Visionaries

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Bitcoin cryptocurrency

In the world of cryptocurrency, where billion-dollar fortunes can be made overnight, speed is everything — and CZ is the fastest of them all. From closet-size offices in Tokyo — “I would touch four people if I turned around in a circle”— the 41-year-old Chinese-Canadian coder runs Binance, a cryptocurrency exchange that has gone from a standing start to the largest on the planet in just under 180 days. CZ (born Changpeng Zhao) cut his teeth making high-frequency trading systems for Wall Street’s flash boys, and he built Binance to be a Ferrari. His exchange can process a blazing 1. 4 million transactions a second and on a peak trading day in January processed 3.5 billion new orders, cancels and trades. Speculators (some 25% of them from the U.S.) use Binance to trade 120 different coins, generating $200 million in profits for CZ’s exchange last quarter. BNB, the virtual coin CZ created in August that gives holders a 50% discount on trading fees, has a market cap of $1.3 billion. His stake in Binance and his coins give CZ a personal fortune worth as much as $2 billion.

He is hardly alone in becoming insanely and instantly rich from crypto. Chris Larsen, a longtime tech exec known for cofounding a string of fintech apps, saw his net worth flirt with $20 billion at the height of cryptomania in early January, based on his ownership of 5.2 billion XRP, the tokens of Ripple, the company he founded. XRP has since crashed 65%, but Larsen still tops Forbes’ first crypto rich list, our (necessarily inexact) accounting of the 20 wealthiest people in crypto.

There are now nearly 1,500 crypto-assets in existence, valued at an aggregate of $550 billion, up 31 times since the beginning of 2017. While the prices of individual cryptocoins continue to swing wildly — Bitcoin is down almost 50% from its peak — it’s clear that blockchain-based currency is here to stay and that these virtual assets have real, albeit volatile and speculative, value. Black-market transactions, tax avoidance by individuals and sanctions-dodging by countries like North Korea fuel part of the demand, but so does a widespread excitement over the technology and an ideological desire for money to be free from the whimsies of nation-states.

READ MORE: Bitcoin, Blockchain And Billions

The winners of this digital lottery differ from those in previous manias. The shadowy beginnings, at once anarchistic, utopian and libertarian, drew an odd lot of pioneers who ranged from anti-establishment 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). As in any gold rush, selling the pans and pickaxes – in this case running exchanges – is proving a more reliable path to riches than speculation. And, of course, easy money — especially if it’s viewed as a bearer asset — attracts scam artists and thieves.

Banking heir Matthew Mellon, whose $2 million investment in XRP blossomed into some $1 billion, learned that firsthand in January. The morning after a big bash, the 54-year-old recent divorcé says he discovered four people rooting around his $150,000-a-month Los Angeles party pad. (He didn’t report it to the police.) The unwanted guests were probably after his XRP and they stole four laptops and two cellphones. They didn’t get Mellon’s crypto-fortune — anyone with enough assets to make our list long ago figured out how to secure it. (Sorry, thugs.) In Mellon’s case, the private keys are divided up and safely scattered in cold storage around the country in other people’s names. But the incident underscores the weirdness that separates cryptomania from bubbles past.

Identifying the biggest crypto winners and estimating the scale of their wealth is no simple task. The virtual currencies exist almost entirely outside the global financial system, and the newly minted crypto rich live in a strange milieu that blends paranoid secrecy with ostentatious display. Take CZ’s Binance exchange. It has no real headquarters: Employees are scattered across several countries, and CZ himself seems to change locales the way others change clothes. “We don’t want to be in one place right now because of regulatory uncertainty,” says CZ. Last we heard, CZ and his trademark black hoodie had just popped up in Taiwan.

And CZ is downright normal by crypto-billionaire standards. Former child actor Brock Pierce (The Mighty Ducks, First Kid) dresses like a cut-rate Johnny Depp in Pirates of the Caribbean and is given to making grandiose statements from the balcony of his penthouse in Santa Monica, California. “This is an opportunity to be a trillionaire – someone who is positively impacting a trillion living things on this planet,” he tells Forbes. Pierce once raised $60 million from Goldman Sachs with the help of Stephen Bannon, President Trump’s former chief strategist, to fund a company that sold virtual swords, chain mail and horses to role-playing videogamers. He also once got into trouble with his partners in a 1990s-era dot-com start-up after they were accused, in civil lawsuits, of sexual abuse of underaged boys. (Pierce has always denied the accusations and was never charged; one of his business partners, however, pleaded guilty to transporting minors across state lines for the purpose of sex.)

READ MORE: The Emperor’s New Coins

Pierce was early into the crypto game, first mining Bitcoin and then financing blockchain start-ups and investing in dozens of initial coin offerings. Although he publicly proclaims he is pledging a billion dollars to charity, he refuses to provide documentation that proves he has anywhere near that much money.

Given this opaqueness and crypto’s hyper-volatility, we are presenting our net-worth estimates in ranges. 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. We’ve also categorized our crypto rich list into five groups: idealists, builders, opportunists, infrastructure players and establishment investors. Many fit into more than one category.

It’s a near certainty that we’ve missed some people and that some of our estimates are wide of the mark. But this was equally true when we launched the first Forbes 400 list of America’s richest people in 1982. At the time, many people said we couldn’t — or shouldn’t — publish it. We did so anyway. And we firmly believe we made the world a better place by shining a light on the invisible rich. Just as crypto has evolved from the days of the Silk Road drug site and the Mt. Gox digital hijacking, fortunes of this magnitude should never be allowed to lurk in the shadows. – Written by 

READ THE FULL LIST OF THE RICHEST PEOPLE IN CRYPTOCURRENCY

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