- Ripple CEO Brad Garlinghouse’s newest submit on X hinted at his different crypto holdings apart from XRP.
- He stated he additionally holds Bitcoin, Ethereum, and others that he failed to say.
- The chief reportedly raised his web value to $10 billion following the newest crypto bull run.
Ripple CEO Brad Garlinghouse lately revealed his different cryptocurrency holdings apart from XRP. In response to his submit on X at this time, he additionally owns Bitcoin (BTC), Ethereum (ETH), and a “handful of others.”
How A lot XRP, Bitcoin, and Ethereum is the Ripple CEO Holding?
The Ripple exec is, sadly, mum on his precise holdings for Bitcoin and Ether. Nonetheless, it shows his optimism on them going ahead.
Ripple and Garlinghouse have been silent on the CEO’s XRP holdings, too. Nevertheless, he’s reportedly one of many new billionaires which have emerged within the token’s rally post-2024 US election, which catapulted the asset to the highest three cryptos by market cap.
Investopedia attributes most of Garlinghouse’s success to his 6.3% stake in Ripple, along with his undetermined XRP whale holdings. The supply estimates his web value to be round $10 billion, incomes him a spot within the mid-50s on Forbes’ listing of wealthiest People.
Garlinghouse’s wealth is only a fraction of Ripple co-founder and former CEO Chris Larsen’s web value, although. The monetary media web site stated he holds a 17% stake in Ripple and 5.19 billion XRP. These numbers massively contribute to his roughly $37.3 billion web value, presumably inserting him on the fifteenth slot of the richest People on Forbes.
Ripple CEO Requires Stage Enjoying Discipline within the Crypto Business
In the identical submit the place he talked about his crypto holdings, Garlinghouse defined the rationale for his diversification. He identified that his resolution was as a result of his perception that “we reside in a multichain world.” Furthermore, it underscores his advocacy for a “level-playing area, as an alternative of 1 token versus one other.”
Alongside the best way, Garlinghouse urged the business to work collectively at this very opportune time. He’s clearly referring to the present second when the US is lastly being led by a crypto-friendly regime.
The Ripple CEO was evidently towards the concept of “maximalism” and referred to it as “the enemy of crypto progress.” Moreover, he described the idea as “outdated and misinformed pondering.” His imaginative and prescient undoubtedly contrasts MicroStrategy’s Michael Saylor and others who’re solely advocating for a “Bitcoin solely” strategic Treasury reserve whereas criticizing President Donald Trump’s hints of adopting different cryptos for a similar goal.
Garlinghouse emphasised that the state of affairs won’t ever yield to a “zero-sum sport.”