Song Chi-hyung, chair of Dunamu, the operator of the domestic virtual asset (coin) exchange Upbit, fell out of the global coin billionaire top 10 for the first time in four years. Song, who once ranked eighth among Korea’s 50 richest people, was tallied at 25th this year.

On the 19th, according to “the world’s richest virtual asset and Blockchain billionaires this year” selected by the U.S. business outlet Forbes, Song’s net worth was assessed at $2.4 billion (about 3.2105 trillion won), ranking 18th.

In 2022, Song’s net worth was estimated at $3.7 billion, putting him eighth on the global coin tycoon list. Forbes conducted surveys of Song’s net worth only twice, in 2022 and this year.

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