NEW YORK, March 10, 2022 /PRNewswire-PRWeb/ -- Wealth-X, the world's leading provider of data and insight on the wealthy, today released Crypto Investment and the Wealthy, which explores the group of wealthy individuals who invest or have an interest in cryptocurrencies. Amid hype, volatility and opportunity, the cryptocurrency sector and ecosystem continue to grow rapidly. As crypto moves towards the mainstream, it is gradually gaining popularity among wealthy individuals as an asset class in which to invest.
Crypto Investment and the Wealthy takes an in-depth look at the wealthy – defined as individuals with a net worth of $5 million or more – who are professionally involved or have an interest in the crypto sector. The report explores the characteristics, wealth generation and interests of these subsets of the wealthy.
Some key insights explored in Crypto Investment and the Wealthy are:
- Wealthy crypto entrepreneurs are even more male-dominated than the general wealthy population, with 9 out of every 10 being men
- Wealthy individuals with a focus on crypto are substantially younger than their counterparts in the general wealthy population, with an average age of 47 among crypto entrepreneurs and 54 among those with a general interest in crypto
- An interest in technology is particularly pronounced among those with a focus on crypto compared to the rest of the wealthy
- Self-made wealthy individuals appear more likely to be open to investing in crypto, a sector that is riskier and more volatile than other asset classes
- Among the crypto-focused wealthy, entrepreneurialism is more pronounced - almost 90% of those with a general interest in crypto have created their own wealth
To gain insight into the wealthy individuals who are active in the crypto sector, this report leverages the unique and proprietary Wealth-X Database, the world's most extensive collection of curated research and intelligence on wealthy individuals. Three distinct populations are explored in the report:
Wealthy Crypto Founders/Investors:
People who have either founded a business within the crypto sector or have created most of their wealth via crypto investment. Notable examples include Vitalik Buterin, co-founder of ethereum, and the Winklevoss brothers, who are the co-founders of Gemini.
Wealthy Individuals with a General Interest in Crypto:
People who either invest or have a demonstrated interest in crypto, but it is not the main source of their wealth or their primary industry. Notable examples are Elon Musk, CEO and co-founder of Tesla, and Ashton Kutcher, who is an actor and co-founder of Sound Ventures.
General Wealthy Population:
Individuals with a net worth of $5m and more.
Crypto Investment and the Wealthy is a critical read for organizations that prospect for or engage with wealthy individuals and want to gain a better understanding of how their clients and prospects invest, as well as insights into their interests, passions and hobbies.
Access the complete findings and download Crypto Investment and the Wealthy today.
About Wealth-X
The global leader in wealth information and insight, Wealth-X partners with prestige brands across the financial services, luxury, nonprofit and higher-education industries to fuel strategic decision-making in sales, marketing and compliance. Wealth-X has developed the world's largest collection of records on wealthy individuals and produces unparalleled data analysis to help organizations uncover, understand, and engage their target audience, as well as mitigate risk. Founded in 2010, with staff across North America, Europe and Asia, Wealth-X provides unique data, analysis, and counsel to a growing roster of over 500 clients worldwide.
About Euromoney People Intelligence
Euromoney People Intelligence, a Pillar of Euromoney PLC, provides organizations with unique data intelligence that connects them with the individuals who will have the greatest impact on their goals. Euromoney People Intelligence is comprised of five unique brands: BoardEx, Boardroom Insiders, Relationship Science, WealthEngine, and Wealth-X. We empower our clients to build greater relationships, obtain and manage their best talent and reduce commercial risk.
Media Contact
Amanda Cifone, Wealth-X, 12122243007, [email protected]
SOURCE Wealth-X
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