Estimated value-created calculation · Public company · 2026-07-30
Michael Novogratz & verified founding unit
Project/company: Galaxy Digital. 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.
8392599652.50 − 4102118071.28 − Unknown = 4290481581.23 estimated value created for outside holders/shareholders.
Upper estimate: one or more ownership or capital deductions remain Unknown or incomplete. Unknown stays null and is not treated as $0.
Public-company reconstruction
GLXY · Nasdaq · closing price date 2026-07-30
| Share class | Outstanding shares | Price | Value | Share-count source |
|---|---|---|---|---|
| Class A | 191,491,823 | $22 | $4,121,861,490 | Galaxy outstanding shares and exchangeability |
| Class B / LP equivalent | 198,408,277 | $22 | $4,270,738,162 | Galaxy outstanding shares and exchangeability |
Gross market capitalization = each outstanding share class × the $22 closing price. Share classes are added once; enterprise value and fully diluted shares are not used.
Price source: Nasdaq GLXY 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: 190574591 shares × the applicable market price = $4,102,118,071. Ownership source: Michael Novogratz direct ownership.
- Galaxy Group Investments: 190,465,103 shares — Galaxy Group Investments ownership
- Michael Novogratz: 109,488 shares — Michael Novogratz direct ownership
Outside capital deduction: Unknown. The input remains null, so the displayed result is an upper estimate.
Evidence treatment
Excluded, disputed and scenario-only evidence cannot affect rank.
Included evidence
- Class A and exchangeable equivalent units, founder/affiliate ownership, July 30 close.
- DeFiLlama Raises used as corroborative funding discovery only.
Excluded evidence
- Unreconciled historical financing and FX estimates.
Disputed or scenario-only evidence
- Class B/LP equivalence requires ongoing filing review.
Remaining unknowns
- Complete pre-listing outside capital
- Share-count changes after May 5
Confidence
65/100 · Medium
- Founder attribution: 20/20 — Public-company filings identify the founding unit.
- Gross market value reconstruction: 30/30 — Class A and exchangeable equivalent units times July 30 close.
- Founder/affiliate ownership completeness: 15/25 — Founder and controlled affiliate holdings reconstructed.
- Outside-capital completeness: 0/15 — Unknown.
- Source quality: 0/5 — SEC and exchange records, capital incomplete.
- Snapshot alignment: 0/3 — Share count precedes price by 86 days.
- Double-counting risk: 0/2 — Exchangeable units counted once.
Uses the public-company formula with an explicitly stated exchangeable-unit treatment; unknown capital makes the result an upper estimate.