Bloomberg: SBF's net worth shrinks by 90% in a single day, Ethereum founder: still much richer than me

Bloomberg reported that according to its Billionaires Index, SBF's net worth was around $15.6 billion before the liquidity crisis, but after the crisis, the index valued FTX and Alameda at just $1.

SBF Net Worth Plummets

According to Bloomberg's Billionaires Index, SBF's net worth was around $15.6 billion before the liquidity crisis hit, but following the crisis, the index valued FTX and Alameda at just $1.

This led to SBF's net assets plummeting to $1 billion, marking a 94% drop, the largest single-day decline on the Bloomberg Billionaires Index.

However, Ethereum co-founder Vitalik Buterin commented below the news, stating that $1 billion is still richer than he is.

$1b is still much more than I have

— vitalik.eth (@VitalikButerin) November 9, 2022

In November last year, ETH briefly surpassed $4,000. Bloomberg reported that Vitalik Buterin's net worth reached $1.5 billion at that time. However, after experiencing a bear market, ETH prices plummeted significantly, and in May this year, Vitalik also emphasized that he is no longer a "billionaire."

According to his wallet address, Vitalik holds approximately 290,001 ETH, valued at around $380 million.