Report: Crypto billionaires will be among the biggest losers in 2025

[Report: Crypto Billionaires to Be Among the Biggest Losers in 2025] According to Mars Finance, the Bloomberg Billionaires Index released on January 1st shows that several prominent figures in the crypto industry will suffer significant losses in 2025 due to factors such as the October crypto market crash. Michael Saylor, Executive Chairman of Strategy, saw his assets shrink by $2.6 billion in the past 12 months, bringing his net worth down to $3.8 billion. Bloomberg points out that Strategy's Bitcoin vault strategy generated substantial returns before Bitcoin reached new highs in early October, but the subsequent decline in Bitcoin prices caused Strategy's stock price to fall by more than half from its peak, and Saylor's net worth decreased by nearly $6 billion from its peak. Furthermore, Gemini co-founders Cameron and the Winklevoss brothers, as well as CZ, also suffered significant asset losses due to the sharp decline in the October crypto market. Bloomberg reports that CZ's net worth has declined by approximately 5% (about $50.9 billion) since January 1, 2025, while the Winklevoss brothers' assets have shrunk by 59% during the same period. Nevertheless, Bloomberg also points out that global billionaires will add approximately $2.2 trillion in wealth in 2025, with eight individuals contributing about 25% of the increase, but those in the crypto industry as a whole have significantly lagged behind. In contrast, Circle CEO Jeremy Allaire's net worth has increased by approximately 149% since June 4, benefiting from the GENIUS Act in the United States, which supports stablecoin payments.