A recent survey by Forbes of 65 of the world’s wealthiest people revealed that nearly 30% are either directly or indirectly invested in cryptocurrencies, a rate that is higher than among non-billionaire investors.
of 1,000 Americans published in March found 20% had invested in, traded or used crypto.
, the cofounder and CEO of cryptocurrency exchange FTX and one of a handful of billionaires who put their names on the anonymous survey, toldBankman-Fried is one ofon our annual World’s Billionaires list published in April who not only back crypto companies, but who also make most of their fortunes from crypto.
He also argues that billionaires are uniquely primed to experiment with cryptocurrencies—and have the resources to do so. “I imagine one of the ways you become a billionaire is by having an open mind,” Malekan said. Excluding those like Dimon and Buffett who have made their careers largely through the existing banking systems, it’s relatively inconsequential for a billionaire to throw a few million dollars into crypto, he argues.
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