Recent Report Reveals 22 Crypto Billionaires Surpassing Wealth Milestones
Even though trading or investing in crypto currencies involves risk, many people are still becoming wealthy by committing to training, education, research practice, and perseverance.
In addition, there are numerous successes for young people who are earning a nice life with cryptocurrencies, aside from the crypto billionaires and millionaires.
Global Bitcoin and cryptocurrency billionaires and millionaires have been made public according to a recent report from Henley & Partners.
The 88,200 Crypto Millionaires and 22 Crypto Billionaires Seen Worldwide: Crypto Wealth Reports.
Eight of the 22 crypto billionaires identified by the survey are Bitcoin billionaires.
Some of the most well-known crypto millionaires include Chris Larsen, the co-founder of Ripple, Brian Armstrong, the CEO of Coinbase, and Changpeng ‘CZ’ Zhao, the CEO of Binance.
The names of these people are still unknown. The survey also says that there are about 88,200 people with bitcoin assets worth more than $1 million in the entire world.
Notably, 40,500 of these people, or over half, have Bitcoin holdings worth more than $1 million.
However, a representative from Henley & Partners claimed that when compared to the global population of millionaires with interests in traditional assets like equities, cash, and real estate, crypto millionaires only make up a small portion.
According to the survey, there are more cryptocurrency millionaires in the United States than in any other country, followed by India, China, Brazil, and Russia.
Additionally, it states that 182 people have assets totaling more than $100 million in various crypto assets, making 78 people who have more than $100 million in BTC Bitcoin centi-millionaires.
A Crypto Adoption Index that lists the countries with the highest adoption rates among cryptocurrency investors finishes the research.
The United States and the United Kingdom hold the fifth and seventh spots in the ranking, respectively, while Singapore takes the top spot.
Switzerland and the United Arab Emirates (UAE) are next. Emerging crypto hotspots have been identified as Montenegro and Portugal.
