Two crypto moguls' joint wealth rose by about $15 billion on the back of Trump's election victory.
Binance's Chaopeng Zhao and Coinbase CEO Brian Armstrong added about $12 billion and $2.6 billion each.
AdvertisementTwo cryptocurrency tycoons saw a near-$15 billion boost to their combined wealth on Wednesday as Donald Trump won the presidential election.
One result was the world's 12 richest people grew more than $70 billion richer in a single day, per Bloomberg's wealth rankings.
Exclude him and his 11 peers have grown a combined $505 billion richer this year — a figure that exceeds the market value of Oracle ($502 billion).
Persons:
Binance's Chaopeng Zhao, Brian Armstrong, —, Donald Trump, Changpeng Zhao, Zhao, Elon, Binance, Elon Musk, Anthony Harvey, Kamala Harris, Musk, Larry Ellison, Berkshire Hathaway's Warren Buffett, Jeff Bezos, Bernard Arnault
Organizations:
Service, Bloomberg, Trump, Ethereum, Republican, Democratic, Oracle
Locations:
Solana, Berkshire