What Do Billionaires Prefer? Gold, BTC and These Altcoins are on the List! - Coinleaks
Current Date:November 7, 2024

What Do Billionaires Prefer? Gold, BTC and These Altcoins are on the List!

Years ago, today’s billionaire Warren Buffet bought his first Coca-Cola stake. This investment choice came in 1988, shortly after the 1987 stock market crash. Buffet bought approximately 226.8 million Coca-Cola shares during this period for $592.5 million. In this article, let’s look at what billionaires who foresee decades ahead have invested in recent years. Gold, Bitcoin and some altcoins are at the top.

Kevin O’Leary: Ethereum (ETH), Solana (SOL), and Polygon (MATIC)

Entrepreneur program Shark Tank host Kevin O’Leary’s portfolio is cryptocurrency-heavy. The famous billionaire said in his recent statements that a “big” capital surge will push cryptos to the top. Cryptocurrencies that O’Leary has recently featured include Bitcoin, Ethereum, Solana, and Polygon. cryptocoin.comIn this article, we have conveyed the expectations of the famous billionaire.

Beeland Rogers: Gold and silver

Beeland Rogers, an American investor and financial commentator based in Singapore, prefers precious metals. The founder of the famous quantum fund, which provides an incredible return of 4200% in 10 years, says that he will buy more silver. However, Rogers will wait a little longer to buy gold and silver. “I’ll probably buy it,” said the billionaire, who was expecting a major crash, as silver prices fell further.

Warren Buffet invests in real estate

One of the most successful investors of the century, Warren Buffet is known for his anti-crypto identity. The famous billionaire is one of the first biggest investors of Apple and Coca-Cola stocks. As for Buffet’s choice, we see a commodity-focused portfolio rather than cryptocurrencies. Meanwhile, he said he would rather spend $25 billion for 1% of all farms and apartments in recent months than $25 on a Bitcoin. According to Buffet, residential complexes and farms make more sense as investment vehicles than any other type of property.

Bill Gates is focusing his investments on farmland instead of gold

Bill Gates, the founder of Microsoft and the fourth richest person in the world, has recently taken an interest in agricultural properties, despite making all his money from technology. Northeastern American potato grower Campbell Farms sold Gates 2,100 acres of land in the North Dakota area. With this purchase, Gates owns 270,000 acres of agricultural land. According to reports, Gates already owns the most farmland in America and the well-known entrepreneur is expected to continue to increase his acquisitions.

Thomas Peterffy: He will buy a large amount of Bitcoin from this level

Finally, let’s take a look at the recent statements by Thomas Peterffy, founder of Interactive Brokers. The Hungarian-American billionaire expects a massive crash in cryptocurrencies as they promote illegal activities. These estimates of the billionaire are specifically based on the possibility that the US government will outright ban cryptocurrencies. Thomas Peterffy still says that he will buy more if the price of Bitcoin drops to $12,000.