Crypto Updates

The Crypto Millionaires, a Tiny Slice of the Pie

crypto

Crypto, darling of the digital realm, has been a wild ride, churning
out new millionaires like an assembly line that deals only in zeros and ones.
According to the Crypto Wealth
Report
by London’s Henley & Partners, at least 88,200 people can claim
the illustrious title of “crypto-millionaire.”

Before you imagine an army of yacht-owning, caviar-munching elites,
hold your horses. These crypto-millionaires make up a mere 0.02% of the global
crypto community. That’s a handful, especially
considering that Henley & Partners estimates that there are 425 million
crypto enthusiasts around the world.

As you sift through the report, there are some fun factoids to be had. Nearly
half of these digital millionaires — 40,500 of them — are devout Bitcoin
believers, despite this summer’s slump. The original remains strong among the ultra-wealthy.

The report claims that a lucky 182 crypto owners could fill their
bathtubs with over $100 million worth of bits and bytes. 22 of them? They’d
have to buy swimming pools if they wanted to take a dip, being worth over a
billion dollars each.

Crypto-millionaires might occasionally get the press, but they’re still
outnumbered by the classic millionaires of the world, there are over 20 million
of…

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