The value of digital assets owned by Tron founder Justin Sun was estimated at $1.04 billion. This is evidenced by the data of Arkham Intelligence.
Justin Sun is well known in crypto as an entrepreneur, angel investor, and TRON Founder.
Our research team wrote an article analyzing Sun’s on-chain holdings across both Ethereum and Tron, in his wallets tagged on Arkham.
N.B. This article was written in February, when Sun held… pic.twitter.com/HqAPg8wp95
Since the start of tracking the entrepreneur's wallets in February, the value of his assets has decreased by about $430,000. His peak net worth reached ~$7 billion in September 2021.
According to the Arkham dashboard, San's largest positions are represented in the form of $306.8 million in TRX, $276.5 million in stablecoin USDD and $90.5 million in USDJ.
Justin Sun's portfolio. Data: Arkham."Justin Sun earned most of his fortune as a founder and investor in the cryptocurrency market. He is known as the founder of Tron and CEO of BitTorrent [...], as well as the owner of the Poloniex exchange and advisor to another exchange — HTX (formerly Huobi). San is also associated with the DeFi projects Just (JST) and Sun (SUN), part of which he can own," the researchers said.
As of February, Sun was the fifth largest owner of TRX. According to analysts, during the ICO in 2017, 34% of the coin issue was allocated to the TRON Foundation, of which the founder of the blockchain probably received the majority.
From 2017 to 2023, the largest crypto assets in San's portfolio were Bitcoin and Ethereum, not TRX. In the period from 2017 to 2019, ETH accounted for most of the businessman's known savings, according to Arkham.
According to his OpenSea profile, San owns one NFT from the CryptoPunks collection and 36 non-interchangeable tokens in The SandBox with a total value of ~$175,000 (at the lower price).
He also spent $15 million to purchase the Bored Ape Yacht Club on the Tron blockchain, which he uses as a profile photo in X. The entrepreneur paid another $10.5 million for Tpunk #3442, similar to the Joker.
Recall that Arkham reported that the fortune of Ethereum co-founder Vitalik Buterin exceeds $857.5 million.