Estimated value-created calculation · Public company · 2026-07-30
Jeremy Allaire, Sean Neville & verified founding unit
Project/company: Circle. This published ranking estimate is not founder net worth, personal wealth, founder-retained value, or investment advice.
Published Jul 30, 2026, 12:00 a.m. UTC from market observations at Jul 30, 2026, 12:00 a.m. UTC.
Evidence version: bundled reviewed ownership and capital evidence. Calculation version: unified-v1.
Back to current rankingCalculation
Estimated value created for outside holders and shareholders.
15978467208.40 − 1249485953.28 − 2165300000.00 = 12563681255.12 estimated value created for outside holders/shareholders.
Public-company reconstruction
CRCL · NYSE · closing price date 2026-07-30
| Share class | Outstanding shares | Price | Value | Share-count source |
|---|---|---|---|---|
| Class A | 229,857,799 | $64 | $14,775,259,320 | Circle outstanding shares |
| Class B / other | 18,718,231 | $64 | $1,203,207,889 | Circle outstanding shares |
Gross market capitalization = each outstanding share class × the $64 closing price. Share classes are added once; enterprise value and fully diluted shares are not used.
Price source: NYSE CRCL historical close. Share-count filing dates are shown per row above; any date mismatch is disclosed in the source notes.
Accepted deductions
Each accepted input is linked to a stored source record.
Founder/affiliate shares: 19438176 shares × the applicable market price = $1,249,485,953. Ownership source: Circle Jeremy Allaire ownership update.
- Jeremy Allaire: 16,173,264 shares — Circle Jeremy Allaire ownership update
- Sean Neville: 3,264,912 shares — Circle Sean Neville ownership update
- Aggregate documented pre-listing outside capital: $2,165,300,000 (2026-04-30) — Circle documented outside capital
Evidence treatment
Excluded, disputed and scenario-only evidence cannot affect rank.
Included evidence
- Two share classes, founder ownership and documented capital.
- CryptoRank API and DeFiLlama Raises corroborative discovery.
Excluded evidence
- USDC supply as company equity; post-listing financing as pre-listing capital.
Disputed or scenario-only evidence
- None recorded.
Remaining unknowns
- None recorded.
Confidence
98/100 · High
- Founder attribution: 20/20 — SEC/company founding attribution.
- Gross market value reconstruction: 30/30 — Two share classes times July 30 close.
- Founder/affiliate ownership completeness: 25/25 — Founder-controlled issued shares reconciled through July SEC filings.
- Outside-capital completeness: 13/15 — Disclosed aggregate capital reconciled.
- Source quality: 5/5 — SEC and exchange records.
- Snapshot alignment: 3/3 — Price July 30; shares May 6; ownership reviewed through July 6.
- Double-counting risk: 2/2 — Circle equity is separate from USDC supply.
Uses company equity value and explicitly excludes USDC market capitalization from the shareholder calculation.