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I saw an interesting news story about the Forbes billionaire ranking from March - a major name in the crypto industry made it into the top 20 richest, with an estimated fortune of US$ 110 billion, ranking 17th worldwide. His net worth apparently even surpassed Bill Gates, which is quite impressive.
But then he responded on social media saying that Forbes is wrong in their assessment. According to him, Bitcoin has dropped significantly since the peak ( and really, considering the volatility of the crypto market ), then the wealth is quite different from what they calculated. Like, he questioned: "Didn’t you see how much Bitcoin dropped? What wealth is that?" Very sarcastic.
It's funny because last year Forbes valued his wealth at around US$ 63 billion, and now it’s increased to US$ 110 billion — a jump of US$ 47 billion. But with crypto volatility, these estimates change quickly. The guy is right to question Forbes’ numbers when the market is so unstable.