Citing Forbes Real Time Billionaires data, the report found that Zhao lost more than Mark Zuckerberg and Bill Gates combined, who both lost US$56 billion and US$23 billion respectively.
The top five wealthiest people in the cryptocurrency space have lost over US$112 billion ($153 million) this year, according to data presented by crypto insights platform Crypto Presales.
Binance co-founder and CEO Changpeng Zhao lost almost US$82 billion, the report says. While Zhao is still the wealthiest figure in the crypto world with a current net worth of US$14.6 billion, his net worth was US$96.5 billion a year ago, before the crypto market downturn.
