CEX CEO's net worth falls out of the top 500 richest people in the world

GateUser-6433627c · 2026-02-12T00:03:49+00:00

The ripple effect in the crypto market is reshaping the billionaire list, with CEX CEO Brian Armstrong's net worth dropping from approximately $17.7 billion to $7.5 billion, and he is no longer among the top 500 globally. His wealth decline is closely related to the sharp drop in CEX stock prices and Bitcoin prices.

GateUser-6433627c

2026-02-12 00:03:49

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On February 12, according to The Street, the ripple effect from October 11, 2025, continues to unfold in the crypto market. Now, these impacts are also reshaping the global billionaire rankings. After significant declines in digital asset prices and CEX stock prices, CEX CEO Brian Armstrong is no longer among the top 500 billionaires on the Bloomberg Billionaires Index. Armstrong’s net worth has dropped from a peak of approximately $17.7 billion by over $10 billion. The Bloomberg Billionaires Index currently estimates his wealth at around $7.5 billion, causing his ranking to fall out of the top 500 billionaires worldwide. This decline is highly correlated with the performance of CEX stock prices. As of press time, COIN’s stock price has fallen about 64% from its high of $419 on July 18, 2025. Meanwhile, Bitcoin has also declined by roughly half since early October.

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