Coinbase CEO's Wealth Falls Out of Global Top 500 Billionaires List

BlockBeats News, February 12th, according to The Street, the chain reaction from October 11, 2025, is still fermenting in the crypto market. Now, these impacts are also reshaping the global billionaire list. Following the significant drop in digital asset prices and Coinbase's stock price, Coinbase CEO Brian Armstrong is no longer among the top 500 billionaires in the Bloomberg Billionaires Index.

Armstrong's net worth has dropped by over $100 billion from a peak of around $17.7 billion. The Bloomberg Billionaires Index currently estimates his wealth at around $7.5 billion, pushing him out of the top 500 billionaires globally.

This decline is highly correlated with Coinbase's stock performance. At the time of writing, the COIN stock price has dropped by about 64% from its peak of $419 on July 18, 2025. Meanwhile, Bitcoin has also dropped by about half since early October.