{"id":415076,"date":"2022-03-11T16:49:01","date_gmt":"2022-03-11T13:49:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/self-made-wealth-more-likely-to-flow-into-crypto-than-inherited-report\/"},"modified":"2022-03-11T16:49:01","modified_gmt":"2022-03-11T13:49:01","slug":"self-made-wealth-more-likely-to-flow-into-crypto-than-inherited-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/self-made-wealth-more-likely-to-flow-into-crypto-than-inherited-report\/","title":{"rendered":"# Self-made wealth more likely to flow into crypto than inherited: Report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a35fca54b110\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a35fca54b110\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/self-made-wealth-more-likely-to-flow-into-crypto-than-inherited-report\/#%E2%80%9D_Self-made_wealth_more_likely_to_flow_into_crypto_than_inherited_Report_%E2%80%9C\" >&#8221; Self-made wealth more likely to flow into crypto than inherited: Report &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Self-made_wealth_more_likely_to_flow_into_crypto_than_inherited_Report_%E2%80%9C\"><\/span>&#8221; Self-made wealth more likely to flow into crypto than inherited: Report &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-128018ef>Self-made wealthy individuals worldwide <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ear more likely to invest in cryptocurrencies like Bitcoin (BTC) as opposed to those whose wealth is mostly inherited, a new survey suggests.<\/p>\n<p>Wealth-X, a research startup focused on wealth information, released a new report on the peculiarities of crypto investments made by wealthy people worldwide on Thursday.<\/p>\n<p>This report is devoted to wealthy individuals with a net worth of $5 million and more, including those who are professionally involved in the crypto industry and those who have a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> interest in the sector.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">As crypto moves towards the mainstream, it&#8217;s gaining popularity among wealthy individuals as an investment. Wealth-X&#8217;s latest report, Crypto Investment And the Wealthy, explores the traits of the wealthy investing in this sector. Download it for free &#8211; <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/8kvzaeAvS9\">https:\/\/t.co\/8kvzaeAvS9<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/45eI66Yn52\">pic.twitter.com\/45eI66Yn52<\/a><\/p>\n<p>\u2014 wealthx (@WealthX) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/WealthX\/status\/1501913519704481792?ref_src=twsrc%5Etfw\">March 10, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThis report is based on data collected for Wealth-X\u2019s proprietary database, including information and research on wealthy individuals conducted in January 2022. The report specifically analyzes a wealthy population model that statistically produces estimates for total private wealth and estimates the size of the population by level of wealth and investable assets for the world and each of the top 70 economies and 200 cities, the report notes.<\/p>\n<p>According to Wealth-X\u2019s findings, as many as 94% of wealthy crypto entrepreneurs have made their wealth on their own, with no one relying purely on inheritance. <\/p>\n<p>Among those with a general interest in crypto, nearly 90% were self-made wealthy, with 0.5% relying on inherited wealth, the report notes. The report also notes that the majority of the general wealthy population, or 84%, are self-made.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/fb738e7b-ac86-4598-9c67-23726ce2a882.png\"><figcaption style=\"text-align: center;\"><em>Source: Wealth-X<\/em><\/figcaption><\/figure>\n<p>\u201cThe data demonstrates that self-made wealthy individuals appear more likely to be open to investing in assets, such as crypto, that are riskier and more volatile than other asset classes,\u201d Wealth-X analysts noted in the report.<\/p>\n<p>\u201cGiven that they generated their wealth through crypto, it is no surprise that inheritance hardly plays a role in the wealth source of crypto founders or investors,\u201d the researchers added.<\/p>\n<p><strong><em>Related:\u00a0Binance CEO CZ is the richest crypto billionaire at $96B: Bloomberg<\/em><\/strong><\/p>\n<p>The crypto industry has spawned some of the world\u2019s richest men. Sam Bankman-Fried, CEO of FTX cryptocurrency exchange, reportedly <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/stevenehrlich\/2021\/10\/06\/the-richest-under-30-in-the-world-all-thanks-to-crypto\/?sh=2cddf13c3f4d\">became<\/a> the richest self-made newcomer in Forbes 400 history. As previously reported by Cointelegraph, he amassed an estimated $10 billion net worth in just three years in crypto as of early 2022.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/self-made-wealth-more-likely-to-flow-into-crypto-than-inherited-report\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Self-made wealth more likely to flow into crypto than inherited: Report &#8220; Self-made wealthy individuals worldwide appear more likely to invest in cryptocurrencies like Bitcoin (BTC) as opposed to those whose wealth is mostly inherited, a new survey suggests. Wealth-X, a research startup focused on wealth information, released a new report on the peculiarities&#8230;<\/p>\n","protected":false},"author":1,"featured_media":415077,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvNDUwZGJkOTMtMzQzMS00MmE0LTkyODEtNmM2ZTU0NzgzZjI3LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,89897,77363,74355,73711],"class_list":["post-415076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-sam-bankman-fried","tag-survey","tag-adoption","tag-investments"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/415076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=415076"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/415076\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/415077"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=415076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=415076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=415076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}