Jihan Wu
Beijing, China
Bachelor of Arts/Economics, Peking University
China
cryptocurrency mining chips, Self Made
$1,500,000,000
1511
#1511 Billionaires 2019
Jihan Wu is the cofounder and co-CEO of Chinese mining-chip giant Bitmain Technologies. Founded in 2013, Bitmain is China's largest cryptocurrency mining-chip company; it specializes in selling ASIC-chip miners.Bitmain filed for an IPO in mid-2018, but it postponed those plans as the price of bitcoin plummeted, making Bitmain's business less profitable.Wu received a dual degree in economics and psychology from Peking University.
Wu claims to be the first person to translate the Bitcoin whitepaper into Mandarin Chinese. Wu reportedly first met cofounder Micree Zhan through a chance encounter on the street in Beijing, while Zhan was working on a startup to develop TV set-top boxes.
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