Bitcoin News

Study Reveals Six Bitcoin Billionaires Among Global Crypto Investors

A recent study conducted by Henley & Partners, a renowned investment migration consultancy, has shed light on the intriguing dynamics of cryptocurrency wealth across the globe. The report unveils that out of the staggering 425 million individuals who have ventured into the realm of cryptocurrencies, a select few have ascended to the prestigious status of billionaire, with their fortunes firmly rooted in Bitcoin.

The study, aptly named the “Crypto Wealth Report,” highlights that a mere six individuals have accumulated a minimum of $1 billion in Bitcoin, underlining the immense wealth-generating potential of the leading cryptocurrency. While the cryptocurrency market may not be experiencing the same meteoric growth as its earlier days, it continues to captivate investors worldwide.

According to an insightful CNBC article, which references Henley & Partners’ findings, the crypto market maintains its allure, with data indicating that over half of Generation Z individuals (aged 18 to 25) have embraced cryptocurrency investments. However, a Pew Research survey conducted in April reveals a contrasting sentiment among Americans, with 75% expressing uncertainty regarding the safety of crypto investments and 45% reporting that their crypto investments have fallen short of expectations.

Henley & Partners’ report delves deeper into the demographics of crypto wealth. Astonishingly, it identifies 88,200 individuals globally who hold crypto assets worth at least $1 million, a staggering figure that underscores the growing influence of digital currencies. Among this elite group, 40,500 individuals have chosen Bitcoin as the cornerstone of their wealth, constituting nearly 46% of crypto millionaires.

Furthermore, the report spotlights a select cadre of 182 “centi-millionaires” whose crypto holdings exceed $100 million. Notably, 78 high-net-worth individuals have chosen Bitcoin as their primary investment vehicle.

Interestingly, the proportion of Bitcoin billionaires remains modest compared to the number of crypto millionaires and centi-millionaires. Of the 22 individuals whose crypto holdings soar above the $1 billion mark, only six have tethered their fortunes to Bitcoin. When compiling the report, the collective market value of cryptocurrencies reached a staggering $1.18 trillion, a testament to the industry’s resilience.

The study introduces a groundbreaking metric, the Crypto Adoption Index, which evaluates various factors, including public adoption rates, regulatory frameworks, and taxation policies related to cryptocurrencies. Singapore is the global leader in this index, closely followed by Switzerland and the United Arab Emirates. The United States and the United Kingdom secure the fifth and seventh positions, respectively.

Regarding tax-friendliness for crypto investors, Singapore and the UAE outshine the United States and the United Kingdom, neither of which secured a top 10 ranking in this category. However, public interest and adoption of cryptocurrencies are notably high in these nations, with the U.S. securing the third spot and the U.K. ranking fourth.

The report underscores the diversified landscape of cryptocurrency adoption, with the U.S. excelling in infrastructure adoption, boasting a proliferation of crypto ATMs and robust integration by local banks. Meanwhile, the U.K. shines in innovation and technology, further cementing the global significance of digital currencies in today’s financial landscape.


Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.