{"id":62663,"date":"2022-06-09T09:24:32","date_gmt":"2022-06-09T06:24:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=62663"},"modified":"2025-09-05T19:21:45","modified_gmt":"2025-09-05T16:21:45","slug":"forbes-almost-30-of-billionaires-invest-in-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/forbes-almost-30-of-billionaires-invest-in-cryptocurrencies\/","title":{"rendered":"Forbes: Almost 30% of billionaires invest in cryptocurrencies"},"content":{"rendered":"<p>American Forbes <a href=\\\"https:\/\/www.forbes.com\/sites\/jemimamcevoy\/2022\/06\/08\/billionaires-remain-wary-of-bitcoin-but-theyre-buying-crypto-at-a-higher-rate-than-the-average-investor-forbes-survey-finds\/?sh=3819fc726001\\\">surveyed<\/a> 65 of the world&#8217;s wealthiest people and found that nearly 30% of them invest in crypto assets.<\/p>\n<p>The publication noted that this figure is higher than among investors who do not possess billionaire wealth.<\/p>\n<p>About 18% of respondents said they hold at least 1% of their fortune in cryptocurrencies. Most of them invest in the industry as a test.<\/p>\n<p>80% of those who invested in cryptocurrencies among the billionaires said they invested less than a tenth of their fortune. 3.2% of respondents invested more than half of their fortune in digital assets.<\/p>\n<p>Another 10% said they did not invest directly in cryptocurrencies but supported industry-focused companies.<\/p>\n<p>One of the survey participants, Sam Bankman-Fried, CEO of the FTX exchange, said that 76% to 100% of his capital, amounting to $20.6 billion, is in crypto assets.<\/p>\n<p>Billionaires are increasingly entering the industry. For example, Mark Cuban, who previously criticised Bitcoin, now <a href=\"https:\/\/forklog.com\/en\/news\/mark-cuban-reveals-his-cryptocurrency-portfolio\">actively invests in cryptocurrencies<\/a>.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;It&#8217;s no different from investing in stocks, bonds, and other assets. My tech stocks have performed worse than my cryptocurrency,&#8221; he told Forbes.<\/p>\n<\/blockquote>\n<p>Real estate magnate John Sobrato has said that he invests not directly in digital currencies, but in a crypto-focused fund run by Andreessen Horowitz. He says this is how he gets involved in the industry while avoiding \\&#8221;brain overload from participating in an asset class you don&#8217;t understand\\&#8221;.<\/p>\n<p>Experts say that billionaires are well suited to experimenting with cryptocurrencies and have the resources to do so:<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;They are not as concerned about what happens to Bitcoin&#8217;s price next month.&#8221;<\/p>\n<\/blockquote>\n<p>In April, Forbes presented the <a href=\"https:\/\/forklog.com\/en\/news\/binance-ceo-tops-forbes-crypto-billionaires-list\">ranking of the wealthiest figures in the blockchain and cryptocurrency industry<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes surveyed 65 of the world&#8217;s wealthiest people and found that nearly 30% of them invest in crypto assets.<\/p>\n","protected":false},"author":1,"featured_media":62664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1156,964,167],"class_list":["post-62663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-institutional-investors-and-whales","tag-media","tag-research"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/62663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=62663"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/62663\/revisions"}],"predecessor-version":[{"id":62665,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/62663\/revisions\/62665"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/62664"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=62663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=62663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=62663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}