In the ranking of the richest people in China to 2018 includes five new billionaires — 3 founder of the world’s largest manufacturer of equipment for mining Bitmain, as well as the company’s CEO and its Vice-President.
Although Bitmain is most often associated the name of Jihan Wu, co-founder of the company, few know that Ketoan Zhang is the largest shareholder of mining giant. Wu owns 20,25% of the company, while Zhang is 36%. The third co-founder of Bitmain Zuofeng Zhao owns of 6.26%.
According to the rating of the richest people in China, prepared by the Hurun research Institute, as Zhang is more than $4 billion, Wu — more than $2 billion, and the state of Zhao and his colleagues Yusheng GE and ISWA Hu is estimated at about $1 billion.
Jihan Wu, an analyst and managing private investments in the past, moved withpaper bitcoin Satoshi Nakamoto into Chinese in 2009 and, convinced in the potential of cryptocurrency, and presented a couple of years the idea of special purpose chips (ASIC) for mining bitcoins to Ketanu Zhang. Bitmain company was founded in 2013 and within few years became a monopolist in the market of production equipment for the extraction of bitcoin, making its founders one of the most influential people in the cryptocurrency industry.
In the ranking of Hurun also includes the Director General of the exchange Binance Changpeng Zhao, the founder of exchange OKCoin, Star Memory, as well as the owner of the company-manufacturer of miners Ebang, Nanjing Zhang.
Recall that in late September, the company Bitmain Technologies Ltd. officially filed for a IPO and listing on the Hong Kong stock exchange (HKEX), revealing a lot of information on the financial situation, structure and inner workings of the company.
Ebang Communications, one of the largest producers of mining hardware to mine the bitcoins out of the lineup Ebit, also reported a willingness to spend IPO and to place the company’s shares on Guangshi stock exchange (HKEX).