Justin Sun's Assets Revealed

Recently, cryptocurrency tycoon Justin Sun, also known as "Sun Ge," sued Bloomberg in the United States. The reason was that Bloomberg created a billionaires index, and Sun Ge, fond of joining in the fun, submitted data containing details of his assets. Unexpectedly, Bloomberg revealed Sun's assets.

Today, here's a beginner's Q&A about Sun Ge.

1. Just how wealthy is Justin Sun?

It might surprise you, but he's not just ordinary wealthy. According to data released by Bloomberg, Justin Sun holds over 60 billion TRX (63% of the total supply, discounted by 25% due to liquidity constraints), approximately 17,000 BTC, 224,000 ETH, 700,000 USDT, and approximately 90% of HTX (formerly Huobi) equity, with a net worth of approximately $8.5 billion. If calculated at the undiscounted TRX price, his total net worth reaches a staggering $24 billion.

2. How does his wealth rank? With a net worth of $24 billion, he'd rank 88th on the global rich list. In China, he's even in the top 10! According to the 2024 Hurun Rich List, the Ma family ranks tenth with 165 billion RMB, which converts to just $23 billion USD. Born in 1990, Justin Sun has built his fortune from scratch and reached the pinnacle of the industry. 3. Where does his money come from? Primarily from the Tron chain, specifically the TRX coin. In 2017, Justin Sun founded the blockchain project "TRON," which later became one of the world's most active decentralized application ecosystems. 50% of the world's largest stablecoin, USDT, is issued on the Tron chain, making it the largest USD stablecoin interaction network, generating an average daily transaction fee income of approximately $2 million. 4. Is his Peking University degree real?

According to a 2011 official media interview, Justin Sun spent his junior year playing games and writing essays. He entered his senior year with a score of 450, but within a year, he improved his score by 200 points, reaching a whopping 650 on the Gaokao (National College Entrance Examination), with 115 in Chinese, 132 in math, 130 in English, 146 in comprehensive scores, and 127 in history. Furthermore, he won first prize in the New Concept Essay Competition. Peking University Chinese Department Professor Cheng Yuzhuo and Admissions Director Liu Ming granted him admission to Peking University's independent enrollment program during the interview, allowing him to reduce his score by 20 points. Therefore, he could only attend Shantou University. $BTC $ETH #加密概念美股普涨 #亚洲家族办公室加密资产配置