CandleFocus Ripple CEO Garlinghouse And Crypto Moguls Enjoy Billions in Wealth Growth After Trump’s Election
2024-12-26
Author: Content Editor
The recent US election has resulted in significant financial gains for leading figures in the cryptocurrency industry. Coinbase CEO Brian Armstrong earned an additional $129 million from stock sales, while Coinbase's market value surged by $21 billion. Ripple CEO Brad Garlinghouse saw even more dramatic gains as the value of XRP, Ripple's native token, increased significantly. Garlinghouse's personal wealth has soared as a result of these gains. Additionally, major investors in crypto firms such as Andreessen Horowitz also experienced major gains, outpacing their investments related to the election. Both Ripple and Andreessen Horowitz made significant political contributions to support the election.
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