New Report: Crypto's Rich List Boasts 22 Billionaires and 88,000 of Millionaires
The world of cryptocurrency, with a total market value exceeding $1 trillion, has produced 22 billionaires and 88,000 millionaires.
According to a recently released crypto wealth report by residence by investment firm Henley & Partners, which was created in collaboration with global wealth intelligence company New World Wealth, six of the billionaires owe their wealth solely to Bitcoin.
Additionally, nearly half of the 88,200 millionaires can attribute their wealth to the leading cryptocurrency, while 182 individuals are classified as centimillionaires, holding $100 million or more in crypto assets.
It is important to note, however, that the 88,200 crypto millionaires account for just 0.15% of the estimated 60 million global millionaires, as reported by the latest UBS global wealth report.
The figures presented were gathered by tracking the movements and spending habits of over 150,000 high-net-worth individuals by New World Wealth, combined with onchain data and public information from crypto exchanges for wealth modeling.
The report does not disclose specific names of individuals in its database.
The study also estimates that there are currently 425 million individuals worldwide who own cryptocurrencies, representing approximately 5.3% of the global population. Out of these, 210 million hold Bitcoin.
In addition to the wealth statistics, the report introduces the "Crypto Adoption Index," which ranks countries based on factors such as public and infrastructure adoption, innovation, tax, and regulatory conditions.
Singapore, Switzerland, and the United Arab Emirates top the list, indicating that these nations have created favorable environments for crypto growth.
While the United States ranks fifth overall, it leads in terms of
Read more on cryptonews.com
