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Ripple’s 37000% rise has made its co-founder one of the world’s richest people

XRP, a cryptocurrency for international money transfers by the fintech company Ripple, has been on a tear this winter, skyrocketing to the No. 2 cryptocurrency by market cap. That astronomical rise to $2.47 a coin A?A�A� up from $0.25 in mid-December A?A�A� has made the co-founder and former CEO of the company one of the worldA?A�A�s richest people. Chris Larsen, who founded Ripple Labs A?A�A� now known as just Ripple A?A�A� in 2012, owns 5.19 billion of its XRP cryptocurrency, Forbes reports. At TuesdayA?A�A�s exchange rate, that gives his holdings a value of $12.82 billion.A�A� Forbes also reports that Larsen owns a 17% stake in the company, citing sources inside the firm, bringing his total net worth to $37.3 billion. That would make him the 21st richest person in the world, according to BloombergA?A�A�s Billionaire Index A?A�A� just behind Indian business magnate Mukesh Ambani. Ripple’s 37000% rise has made its co-founder one of the world’s richest people

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