On October 27, the 2021 Hurun Rich List was released in Chengdu. Zhong Suisui, founder of Nongfu Shanquan, topped the richest man for the first time with a wealth of 390 billion yuan, and ByteDance founder Zhang Yiming, Chairman of Ningde Times Zeng Yuqun, Tencent founder Ma Huateng, Ali Ma Yun family, and Pinduoduo founder Huang Zheng ranked in the top six in turn.
In the field of crypto assets, the founders of the "three firms" are on the list. According to the Hurun Report, Zhao Changpeng, founder of cryptocurrency exchange Binance, jumped 137 places in the ranking this time, ranking 114th with a wealth of 52 billion yuan and the Bosideng Gao family, with a wealth of 21 billion yuan in the previous year. Huobi founder Li Lin ranked 559th with a wealth of 13 billion yuan, up 99 places from last year, and his wealth rose by 4 billion yuan. Xu Xingxing, the founder of Ouke Cloud Chain, ranked 802 with a wealth of 9 billion, down 73 places from last year, and the total wealth value rose by 1 billion yuan.
In March, Hurun announced the 2021 global rich list, and at the same time listed a separate list of blockchain billionaires, Zhao Changpeng was the third in the global crypto rich list with 8 billion US dollars, which was almost the same as the assets in this statistics. In 2020, Binance coin BNB rose from less than $40 to more than $600 in May and is now falling below $500. The rise in BNB may have an impact on Zhao Changpeng's total net worth. As of press time, BNB is priced at about $455.
On April 18, Zhao Changpeng said on social platforms that since the ICO, Binance team has accounted for 40% of the total BNB, the market value at that time was 37 billion US dollars, said that it has never been sold, and will be destroyed. The BNB for the day was about $480.
Binance has no listed companies. Zhao Changpeng once said in an interview that Binance has no plans to take the road of Coinbase and seek listing, and said that the exchange is satisfied with cash reserves and growth data and believes that there is no reason to conduct an IPO in the near future. Binance had placed expectations on the listing of its US platform (Binance US). In November 2020, Binance officially restricted U.S. customers' access to the main platform, setting up Binance U.S. stations in the region, hiring Brian Brooks, who served as acting director of the U.S. Office of the Comptroller of the Currency (OCC), as CEO, who resigned four months after taking office.
On October 13, Binance issued a notice that it will remove the C2C CNY trading area at 24:00 on December 31, and will check the Chinese mainland users. According to the notice, if Chinese mainland user is found, the corresponding account will switch to the "only allow withdrawal" mode, and the user can only withdraw, withdraw orders, redeem and close positions. Binance's move will clear a large number of individual Chinese users. Some users have found that through individual decentralized wallets, they can authorize logins to Binance for coin transactions.
Binance was founded in 2017, and shortly after its launch, seven ministries and commissions, including Chinese Min min bank, issued the "Announcement on Preventing the Financing Risks of Token Issuance", requiring a comprehensive clean-up and rectification of the transactions of financing tokens and virtual currencies in China, "debuting to go to sea", and still being exposed to employees working in the mainland. Binance's road to sea was not smooth, and it was warned by the Japanese Financial Services Agency in March 2018 that it would move its headquarters from Japan to Malta. Binance has received warnings from financial regulators in the UK, Germany, Japan, Malaysia and other countries.
On September 24, the central bank and ten other ministries and commissions pointed out that overseas virtual currency exchanges provide services to residents in China through the Internet, which is also an illegal financial activity. Huobi is the first exchange to announce the withdrawal of Chinese users after the voice of ten ministries and commissions. According to many sources of information, on October 6, Li Lin posted a message in the "ht large household group" WeChat group saying that he "confessed", and in the few months in Shanxi, let him understand a matter, he is irreplaceable for his family, "without Huobi, everyone will have Binance and OK".
Four months ago, Huobi had imposed restrictions on user contract trading services in China. It is reported that Huobi has previously planned to reduce leverage internally. At the beginning of June, Huobi proposed a distributed office plan to employees and a request to go to Singapore, and now some employees have returned to Beijing to work. At the same time, Huobi gradually cleared and adjusted mainland registered enterprises. Huobi Tianxia and its Shenzhen branch in which it participates, and Beijing Huobi Tianxia Investment Co., Ltd., the main body of Huobi Capital, have all been deregistered, and other companies in which Li Lin is a legal person and executive have been deregistered.
According to many sources, Li Lin was taken away by the Shanxi police for several months. Huobi Technology (1611. HK) did not make a relevant announcement. Huobi had denied that 17 core employees of Huobi had been taken away for investigation, saying at the time that everything was normal for Huobi.
Founded in 2013, Huobi Group has operating entities in Japan, South Korea, Gibraltar and other countries and regions. Huobi announced in early 2018 that it would set up Its China headquarters in Hainan. In the same period, Huobi acquired the hong Kong listed company Yuan TongCheng Holdings and now changed its name to Huobi Technology (1611. HK), currently with a market capitalization of HK$3.1 billion, li lin holds 59.66% of the shares. As of the 27th, the unit price of Huobi platform coin HT is about 9 US dollars, and the market value is about 1.5 billion US dollars.
On October 13, Ouyi OKEx issued an announcement that OKEx has shifted its business focus to the international market since September 2017, does not promote and serve the Chinese mainland market, the website is inaccessible Chinese mainland, and the APP has also removed all Chinese mainland application markets. Following the release of the latest IEO project, the platform coin OKB rose. As of press time, OKB is priced at about $22.8 and has a market capitalization of about $1.3 billion.
In January 2019, Ouke Group completed the investment of the original Hong Kong stock company Forward Holdings (1499. HK) agreement acquisition, the current listed company has been renamed Okco Cloud Chain. As of the close of trading on the 27th, the unit price of Ouke Cloud Chain is $0.3, and the market value is $1.611 billion. According to the 2021 financial year report of Ouke Cloud Chain, as of the end of the reporting period, Xu Xingxing held about 66.64% of the equity of OKC Holdings Corporation, and OKC held 72.21% of the total share capital of Okco Cloud Chain.
As the price of cryptocurrencies such as Bitcoin hit new highs in 2021, the net worth of cryptocurrency exchange founders has risen. In the cryptocurrency industry, some participants in the "mining" industry have mixed gains in wealth.
According to the Hurun Report, mining machine manufacturer Bitmain co-founder Zhan Ketuan and Wu Jihan fell in the rankings. Zhan Ketuan fell 101 places to 625 places with a wealth of 11.5 billion yuan, with a wealth of 11 billion yuan last year; Wu Jihan fell 1150 places to 2040 with a wealth of 3.2 billion yuan, and the wealth counted last year was 6.5 billion yuan; Zhao Zhaofeng is no longer listed. In addition, Wang Mingjun, the founder of Maoqiu Technology, ranked 699th with a wealth of 10 billion, down 138 places from the previous period, and last year's wealth was 10.5 billion yuan.
In March, the Inner Mongolia Development and Reform Commission issued relevant documents clarifying the liquidation and closure of virtual currency mining projects by the end of April. Many provinces have successively requested to clean up virtual currency mining. In June, Sichuan released a list of 26 suspected miners. On September 24, the National Development and Reform Commission and other departments issued a notice on rectifying the "mining" activities of virtual currency, requiring a comprehensive sorting out and investigation of virtual currency "mining" projects and sorting out and checking existing projects. According to the statistics of the Cambridge University Alternative Finance Center, after July, the proportion of Bitcoin mining power in China was close to zero, and the mining industry was affected.
Hairball Technology once laid out a cryptocurrency mining farm. In March, the Ganzi Prefecture Bureau of Economy and Information Technology released the list of 5 electricity consumption enterprises in the first batch of 2021 hydropower consumption demonstration zone construction pilots, and Luding Maoqiu Technology Co., Ltd. was listed. After a nationwide mine shutdown, some participants have laid out mines overseas.
According to the official website, MaoQiu Technology was established in February 2018, headquartered in Chengdu, and set up branches in London, Shanghai and other places, with business scope covering blockchain technology research and development, computing server hosting, computing server sales, computing center operation and maintenance, blockchain games, blockchain project incubation, blockchain application landing and blockchain industry real estate. The official website mentioned that founder Wang Mingjun had participated in China's "real estate trust (RETIs)" business, responsible for the financing of the "East District International" of the Chinese trade sector, had served in Citibank, incubated the toy sharing rental project 61TOY, bought bitcoin in early 2017 and sold it all at the end of the same year, obtained revenue and paid attention to blockchain.
Bitmain is mainly engaged in the production of cryptocurrency mining machines. As the price of Bitcoin rises and returns to an all-time high of $64,000 in April, miners are in short supply. It is reported that after the gradual closure of cryptocurrency mines in many provinces, Bitmain and its partners expanded their mining business overseas. In October, Bitmain's official public account released the news yesterday that from the 11th, Antminer will stop shipping to Chinese mainland.
Changes in the wealth profile of Bitmain co-founders should be primarily affected by the battle for control of the company.
Wu Jihan and Zhan Ketuan co-founded Bitmain in 2013 and once managed the company as a co-CEO. At that time, Wu Jihan was responsible for sales, mining pool, mine operation and other businesses, and Zhan Ketuan was responsible for the research and development of its AI chips. At the beginning of 2019, Wu Jihan and Zhan Ketuan resigned as co-CEOs, and Wang Haichao took over.
In October 2019, Wu Jihan sent an internal letter saying that the Zhan Ke Tuan had been relieved of all his duties at Bitmain, saying that he had returned to save the company, and the Zhan Ke Tuan had brought damage and instability to the normal working environment of employees. After a series of events such as the seizure of official seals, the battle for control of Bitmain was settled. In January 2021, Wu Jihan announced his resignation as BITMAin's CEO and chairman. The article said that Jancker Group bought nearly half of Bitsource's stake in Bitmain for $600 million. Bitsource is the code name for a group of founding shareholders, including Wu Jihan. At the time, in order to complete the share acquisition, Janker Group received a loan of 400 million yuan from Bitmain and promised to raise $200 million outside the group.
At the labor dispute trial a few months ago, Beijing Bit said that the net profit stated in the 2019 annual income statement was a loss of more than 390 million yuan; due to the change in the actual controller of the company, the two sides of the financial need time to integrate, the short-term can not provide the 2020 annual report, according to the company's preliminary financial statistics, the loss in 2020 is about 500 million yuan. Former employees said that the audit report showed that it was for Beijing Bit and could not prove the profit of the entire group.
After the reorganization, the cloud computing power platform Bitdeer and mines in the United States and Norway will be split from Bitmain, and Wu Jihan, who is "out of the game", succeeded as the CEO of Bitdeer. In February 2021, Bit Mining (NYSE: BTCM) announced that it has entered into a share exchange agreement with Blockchain Alliance, a subsidiary of Bit Fawn, to acquire BTC.COM's mining pool business for about 10% of the shares. Bit Mining disclosed that after the completion of the first closing, Wu Jihan and other shareholders of blockchain Alliance will jointly hold 7.9% of Bit Mining's total issued share capital as of April 14, 2021.
In addition, Wu Jihan founded the cryptocurrency wealth management platform Matrixport. On October 11, Matrixport issued an announcement that it would carry out an orderly withdrawal of Chinese mainland users, and from the 15th, it would terminate the provision of all products and services on the app to Chinese mainland users.