just saw this wild Forbes ranking where a major crypto exchange founder supposedly hit $110 billion net worth, putting him in the top 20 richest people globally. wild stuff right? but here's where it gets interesting - the guy himself came out and basically said forbes got it wrong lol. he pointed out that crypto prices tanked over 50% already this year, so how does his net worth go up at the same time? doesn't add up. he also called out the math - they're saying his exchange generates like $5 billion annually but valuing his personal stake at $110 billion. the inconsistency is pretty glaring when you think about it. most of his wealth is obviously tied to his majority stake in the exchange plus his token holdings. even with the market downturn, he's still ranking as one of the wealthiest in tech and finance. but yeah, the whole valuation thing seems sus based on what he's saying. makes you wonder how accurate these billionaire rankings really are when the numbers don't match basic market reality.

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