Age, Biography and Wiki
Jihan Wu (Wu Jihan) was born on 1986 in Chongqing, China, is a Businessman. Discover Jihan Wu's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 37 years old?
| Popular As |
Wu Jihan |
| Occupation |
Businessman |
| Age |
37 years old |
| Zodiac Sign |
N/A |
| Born |
|
| Birthday |
|
| Birthplace |
Chongqing, China |
| Nationality |
China |
We recommend you to check the complete list of Famous People born on .
He is a member of famous Businessman with the age 37 years old group. He one of the Richest Businessman who was born in China.
Jihan Wu Height, Weight & Measurements
At 37 years old, Jihan Wu height not available right now. We will update Jihan Wu's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
Jihan Wu Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Jihan Wu worth at the age of 37 years old? Jihan Wu’s income source is mostly from being a successful Businessman. He is from China. We have estimated
Jihan Wu's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
US$2.39 billion (2018) |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
Jihan Wu Social Network
Timeline
In 2019, Wu stepped down as co-CEO of Bitmain and founded Matrixport, a financial services company for cryptocurrencies. To circumvent China's ban on cryptocurrency trading, the company is based in Singapore.
In Hurun Report's inaugural Blockchain Rich List 2018, Wu was named the second richest cryptocurrency entrepreneur in China, with an estimated net worth of 16.5 billion yuan (US$2.39 billion), behind only Micree Zhan. Hurun also ranked him as the 204th richest person in China. In the same year, he was ranked No. 3 in Fortune's The Ledger 40 under 40, for transforming business at the leading edge of finance and technology.
Wu has been a vocal proponent for increasing bitcoin's transaction capacity, which is limited to only seven per second due to the 1-megabyte size limit of bitcoin blocks, but the proposal was opposed by traditionalists. After two years of debate between the two camps, a Shenzhen-based mining company called ViaBTC, which Bitmain had invested in, orchestrated a hard fork of bitcoin, creating Bitcoin Cash in August 2017. Wu's critics accuse him of being the mastermind behind the fork, calling him "Jihad", a play on his given name, but Wu denied that he or Bitmain had so much influence in the matter.
Having realized the importance of technical expertise, in 2013 Wu reached out to the microelectronics engineer Micree Zhan, whom he had met a few years before, and convinced Zhan to co-found Bitmain with him. In November 2013, Zhan developed Antminer S1, the company's first mining rig. Sales soon took off, but hit a downturn in 2014 when fraud was discovered at the Japanese bitcoin exchange Mt. Gox, leading to its collapse. In 2015, Bitmain developed Antminer S5, which became the best-selling mining equipment as bitcoin prices recovered. Bitmain grew into the world's largest computer chip company for bitcoin mining, reporting US$2.5 billion in revenue in 2017. In 2018, Wu owned 20% of Bitmain shares, and Zhan 36%.
In 2012, Wu invested in Kaomao (烤猫), a bitcoin mining hardware startup. Although initially successful, Kaomao later ran into technical difficulties and exited the business. He also lost his investment in another mining hardware company.
After college, Wu worked as a financial analyst for a private equity firm. In May 2011, he discovered bitcoin and raised 100,000 yuan from family and friends to purchase 900 bitcoins. He and fellow bitcoin enthusiast Chang Jia (长铗) founded Babite (巴比特), China's first bitcoin community site. In late 2011, he was the first to translate Satoshi Nakamoto's bitcoin white paper into Chinese.
Wu was born in 1986 in Chongqing, China. After graduating from Chongqing Nankai Secondary School, he entered Peking University, where he earned dual degrees in economics and psychology in 2009.
