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Chris Larsen's new financial position: From Ripple founder to global billionaire
The favorable legal changes for the cryptocurrency industry have opened new opportunities for industry leaders. Specifically, the positive outcome from the SEC lawsuit with Ripple in August 2024, along with a series of favorable legal decisions, has propelled a strong growth in the asset values of key figures here.
Where does Chris Larsen’s wealth come from?
As of November 7, 2025, Chris Larsen — co-founder of Ripple — has officially joined the club of individuals with a net worth exceeding $15.3 billion. This figure marks his entry into the list of the world’s 200 wealthiest billionaires.
The origin of this enormous wealth mainly comes from two major investments. First, Chris Larsen holds an 18% stake in Ripple, one of the leading blockchain companies. Second, his cryptocurrency portfolio includes 2.7 billion XRP with an estimated value of $6.3 billion. Currently, XRP is trading at $2.06, reflecting the market recovery in recent months.
Factors driving asset growth
The rapid increase in Chris Larsen’s assets is not accidental. Besides the favorable legal environment, another significant boost appeared in October 2025 when Ripple completed a strategic funding round of $500 million, valuing the entire company at $40 billion. This move not only increased the value of existing shareholders’ stakes but also sent positive signals to the entire ecosystem.
The successful resolution of the SEC lawsuit, combined with corresponding legal decisions, has created a clearer legal environment for blockchain technology companies like Ripple. This, in turn, has helped rebuild investor confidence and drive the company’s valuation higher.