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Crypto billionaire is new richest person in the Netherlands on list of high-net-worth individuals

Crypto billionaire is new richest person in the Netherlands on list of high-net-worth individuals

Cryptocurrency entrepreneur Jean-Louis van der Velde has topped the latest Quote 500 list as the wealthiest person in the Netherlands with a fortune of 26 billion euros. He leads a list of 56 billionaires that also features 31-year-old newcomer Pim de Witte as the youngest billionaire in the country.

Cryptocurrency entrepreneur Jean-Louis van der Velde has claimed the top spot on the latest Quote 500 list, becoming the wealthiest person in the Netherlands with an estimated fortune of 26 billion euros. As the founder of Tether and Bitfinex, he has displaced Charlene de Carvalho-Heineken, who holds 13 billion euros. Although Van der Velde has resided in Asia since the 1980s, the list confirms his Dutch nationality. The current ranking features 56 billionaires, including newcomer Pim de Witte, the 31-year-old founder of General Intuition, who has become the youngest billionaire in the country with an estimated 1.1 billion euros.

While wealth increased across most sectors, companies in the fintech and solar panel industries faced significant downturns. Notable declines were seen by investors in companies like Adyen, Mollie, and the mounting systems manufacturer Enstall, as market valuations shifted. Despite these sectoral challenges, the overall threshold for inclusion on the list remained stable at 140 million euros, illustrating a dynamic landscape for the nation's wealthiest individuals.

Based on reporting by nu. Translated and condensed by LocalHeadlines.

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