According to Forbes’ survey, 30% of the world’s 65 richest people invest in cryptocurrencies.
Forbes’ survey showed that millionaires are also into cryptocurrency. Nearly one-third of the 65 richest people in the world have chosen to invest in crypto directly or indirectly.
Yet there are also famous millionaires who are anti-crypto. Famous millionaires like Warren Buffett and Jamie Dimon are known for their stance towards the cryptocurrency industry.
Forbes’ research indicates that millionaires are more prone to crypto. Of these, 18% said they have at least 1% of their wealth in crypto, while 80% said they keep 10% of their entire wealth in crypto. 3.2% said they have allocated more than half of their investments to crypto. The remaining 10% reported that they do invest in crypto companies, although they do not directly invest in Bitcoin and altcoins.
It is worth noting that one of the people who participated in the survey is Sam Bankman-Fried, co-founder of FTX. Fried revealed that over 76% of his wealth is in crypto.
Another name was Dallas Mavericks owner Mark Cuban. Cuban stated that despite the decline in the crypto sector, crypto assets are better than technology stocks.
“It’s no different than investing in stocks, bonds and other assets. Interest rates rise, risky assets fall. My tech stocks outperformed my cryptocurrencies”
