billionaire

According to the Daily Telegraph, the Reform Party in the UK received a second donation of £36 million within 48 hours. The party's largest donor, cryptocurrency billionaire Christopher Harborne, added another £36 million, matching the amount donated by Ben Delo on Friday, bringing the total raised by the Reform Party to £72 million in two days. The Reform Party has raised over £86 million this year, far exceeding the Conservative Party's £10.2 million and the Labour Party's £7.7 million.

According to the Financial Times, an increasing number of high-net-worth individuals relying on cryptocurrencies like Bitcoin to accumulate wealth are being rejected by traditional trust companies when seeking to establish offshore trusts for tax and wealth succession arrangements. Trust institutions are primarily concerned about issues related to the verification of fund sources, potential money laundering risks, extreme asset price volatility, and the loss of private keys.The report states that some trust institutions specializing in serving digital asset clients are taking on such business through on-chain analysis and enhanced compliance reviews, but most mainstream trust institutions remain cautious, fearing future legal and reputational liabilities due to the sources of crypto assets or significant devaluation.

According to Bitcoin Magazine, Mexican billionaire Ricardo Salinas has publicly expressed his support for Bitcoin, stating that "Bitcoin changes a fundamental rule: no one can print more money just because they want to." He characterized fiat currency inflation as an "invisible tax" and called on the public to learn relevant knowledge, purchase, and hold Bitcoin to protect savings and defend freedom.It is worth noting that Salinas is currently under investigation for tax fraud in Mexico and the United States.

Altrata's latest report shows that the number of billionaires worldwide will rise to a historic high of 3,795 by 2025, an increase of 8.2%, the strongest in five years. The rapid growth of super-rich wealth is driven by rising stock markets, monetary stimulus policies, and a surge in artificial intelligence investments. The total wealth of billionaires is expected to grow by 12.8% in 2025, reaching a record of $151 trillion, equivalent to nearly a quarter of the total market capitalization of the S&P 500 index. This marks the third consecutive year of accelerated growth in billionaire wealth, with an average wealth of $4 billion and a median net worth close to $2 billion.By region, the number of billionaires in North America increased by 11.6%, reaching 1,337, accounting for 35% of the global total; Europe saw nearly an 8% increase for the second consecutive year, reaching 1,081, accounting for 28%; Asia grew by 6.5%, reaching 881. The report indicates that since 2023, the surge in artificial intelligence investments has been one of the most important driving forces behind the creation of wealth among global billionaires, with its impact becoming more pronounced in 2025 and the first half of 2026. Investor enthusiasm for generative AI, large language models, cloud computing, and AI software has attracted significant capital, driving the revaluation of technology companies, with founders and major shareholders of leading global tech companies being the biggest beneficiaries.

According to CNBC, GMO co-founder and billionaire investor Jeremy Grantham has once again expressed skepticism about Bitcoin, calling it a "useless speculative asset" and believing it may eventually lose market relevance over time.Grantham stated that Bitcoin will not end with a sudden zeroing out or a dramatic collapse, but is more likely to gradually fade from the market's view over the next few years or even decades. "It will slowly disappear, not with a bang, but quietly."He believes that Bitcoin lacks intrinsic value and has not proven itself to be a reliable store of value. Grantham pointed out that even during periods of better macroeconomic performance, Bitcoin's price has still experienced significant pullbacks, making it difficult to be regarded as a stable wealth preservation asset.In contrast, he mentioned that while gold has also undergone price adjustments, it has maintained a relatively robust long-term performance overall.Additionally, Grantham questioned the practical application value of Bitcoin, arguing that it is not widely used for everyday payments or commercial transactions, thus lacking broad utility in the real world.

According to CoinDesk, Mexican billionaire Ricardo Salinas Pliego has allocated 70% of his investment portfolio to Bitcoin, stating that Bitcoin far surpasses real estate. He has convinced his wife to mortgage their property to buy Bitcoin and suggested that the public convert a portion of their home equity into Bitcoin. Salinas stated that the price of Bitcoin will reach $1 million, but he is uncertain about the timing.

According to BusinessInsider, billionaire investor and hedge fund founder of Third Point, Dan Loeb, stated in a podcast that current market concerns about the "bubble theory" of artificial intelligence (AI) are greatly exaggerated, and the development stage of the AI industry is completely different from that of the internet bubble period.Loeb pointed out that technology giants, including Alphabet, Microsoft, Amazon, and Meta, have collectively exceeded $700 billion in capital expenditures this year, which may reach $1 trillion next year, with the vast majority allocated for AI infrastructure development. He stated that to believe these capital expenditures will not yield returns is equivalent to thinking that companies are "burning money for no reason," but currently, these companies have strong profitability and ample cash flow, allowing them to support investments with their own balance sheets.Loeb emphasized that this is different from the situation during the internet bubble when "valuations detached from fundamentals," and does not constitute a traditional valuation bubble. He also mentioned that AI companies like Anthropic are experiencing rapid revenue growth and accelerated product applications, indicating that the industry is still in the early stages of expansion.Reports indicate that Anthropic's latest financing valuation is nearing $965 billion, with annualized revenue jumping from $14 billion to $47 billion, further strengthening market confidence in the commercialization potential of AI.However, there are still some investors in the market, including Michael Burry, who express concerns about the overheated valuations of AI, believing that massive investments may struggle to yield corresponding returns. Loeb, on the other hand, stated, "We haven't even scratched the surface of AI development," and believes that we are still in the early stages of long-term growth.

Cuban stated, "Every time the dollar falls, Bitcoin should rise... but it just doesn't." He candidly expressed disappointment with Bitcoin but maintains a relatively positive attitude towards Ethereum, referring to most other cryptocurrencies as "garbage." Previously, Cuban had publicly stated that about 60% of his crypto asset portfolio is in Bitcoin, which he has held long-term without selling.

According to The Block, Anchorage Digital, a federally chartered crypto bank in the United States, has reached a partnership with Grupo Salinas, controlled by Mexican billionaire Ricardo Salinas Pliego, to provide a USD stablecoin payment rail to optimize cross-border USD settlements.Grupo Salinas will integrate Anchorage's stablecoin infrastructure into its cross-border payment processes through its crypto business Coinpro, aiming to shorten settlement cycles and introduce programmable, real-time settlement capabilities.Grupo Salinas also controls Banco Azteca, and Salinas himself has long supported Bitcoin. Anchorage Digital CEO Nathan McCauley stated that stablecoins are evolving from trading tools into core financial infrastructure. Previously, Western Union also announced that it would launch a USD stablecoin issued by Anchorage Digital on Solana.

According to the Financial Times, Christopher Harborne, a billionaire in the crypto industry and a shareholder of the stablecoin issuer Tether, provided approximately £5 million in funding support to UK Member of Parliament Nigel Farage before the 2024 UK elections. Following this, Farage decided to resume his role as the leader of the right-wing UK Reform Party.The report states that Harborne has long been active in the crypto industry and conservative political donations, and he has previously been linked to the Brexit political movement. This large donation has once again brought attention to the influence of crypto capital on UK politics.

According to Onchain Lens monitoring, the wallet associated with Tim Draper deposited 150.84 BTC (worth $11.62 million) into a CEX (possibly Coinbase) after holding it for a year, incurring a loss of $2.57 million.Billionaire Tim Draper is a well-known venture capitalist who invested early in unicorn companies such as Tesla, Skype, Coinbase, Ledger, and Tezos.

Real estate investment company Cardone Capital CEO and billionaire Grant Cardone posted on platform X: "I have purchased 500 properties in prime locations and will additionally buy 400 bitcoins." Real estate investment company Cardone Capital has been building its bitcoin treasury since last year and has continued to increase its holdings to this day.

According to CoinDesk, billionaire investor Stanley Druckenmiller stated that he "assumes the entire payment system will adopt stablecoins within the next 10 to 15 years," claiming that fiat-backed stablecoins like USDT and USDC are more efficient, faster, and cheaper for payments, making them "extremely useful" productive applications of blockchain.He reiterated his skepticism towards most crypto assets, believing they are still "solutions created to solve non-existent problems." At the same time, he believes Bitcoin has essentially established itself as a store of value and questioned whether the dollar can continue to serve as the global reserve currency for the next 50 years, stating that its position may ultimately be replaced by some form of crypto asset.

CZ responded to Forbes' recent release of the "Real-Time Billionaires List," stating that the estimate of his wealth on the list is not accurate.Previously, Forbes' real-time list showed CZ's net worth to be approximately $111 billion, ranking him 17th on the global billionaire list. CZ commented that this is just a "guessing game." He pointed out that the Bitcoin and cryptocurrency market has dropped 50% from its all-time high (ATH), suggesting that the list fails to accurately reflect the current market fluctuations and the true state of his personal assets.

The blockchain and Web3 incubator WebN Group, backed by billionaire Alan Howard, has announced its closure, according to insiders who say the organization has successfully completed its mission. In recent years, WebN has incubated several digital infrastructure startups, including the tokenization specialist KAIO (formerly Libre), the crypto staking platform Twinstake, the blockchain infrastructure company TruFin, and the zero-knowledge proof startup Geometry. In 2023, Laser Digital, a crypto collaboration institution under Japan's Nomura Bank, invested in WebN.Insiders indicate that WebN's closure is unrelated to Howard's own digital asset strategy, with some employees having transitioned to Howard's hedge fund Brevan Howard. Despite BH Digital's digital asset fund losing nearly 30% last year, Brevan Howard remains optimistic about digital assets, and its venture capital business continues to focus on the broad opportunities in this field.

According to The Street, the chain reaction from October 11, 2025, continues to reverberate in the crypto market. Today, these impacts are also reshaping the global billionaire rankings. Following a significant drop in digital asset prices and Coinbase's stock price, Coinbase CEO Brian Armstrong is no longer among the top 500 billionaires in the Bloomberg Billionaires Index.Armstrong's net worth has fallen by over $10 billion from a peak of approximately $17.7 billion. The Bloomberg Billionaires Index currently estimates his wealth at around $7.5 billion, which has caused him to drop out of the global top 500 billionaire list.This decline is highly correlated with Coinbase's stock performance. As of the time of writing, COIN's stock price has dropped about 64% from its peak of $419 on July 18, 2025. Meanwhile, Bitcoin has also fallen by about half since the beginning of October.

According to Bloomberg, Coinbase's global CEO Brian Armstrong has seen his personal wealth shrink by more than $10 billion from a peak of $17.7 billion last July due to the continued decline in cryptocurrency prices, and he has fallen out of the Bloomberg Billionaires Index's global top 500 list.Recently, JPMorgan lowered its target price for Coinbase by 27%, citing weak cryptocurrency prices, declining trading volumes, and slow growth in stablecoins, which further impacted Armstrong's wealth valuation.

According to Cointelegraph, billionaire Grant Cardone stated that he will list his mansion located on the Gold Coast for sale at 700 bitcoins, while a similar property owned by his neighbor is listed for $88 million. He said, "Even if my neighbor gets a bit more fiat currency, my life will be better in four years."