New Delhi: If you are familiar with the world of finance and are updated on the happenings across the world, then you must have heard the word, cryptocurrency. Cryptocurrencies are virtual coins that are designed to allow users to send online payments quickly across the world without involving a third party, that is, a bank or without oversight by any government.
The cryptocurrency rose to fame with the help of Bitcoin which is still the world’s largest cryptocurrency. The popularity of cryptocurrency among people has grown over the years.
Notably, Bitcoin, Ethereum, Dogecoin among others have secured a great place in the world of crypto and several commoners and billionaire, including the world’s richest man Elon Musk, owns some of the cryptos. Below are some cryptocurrencies that the richest men in the world own.
Elon Musk
The CEO of Tesla and SpaceX, Elon Musk, is the world’s richest man who is considered a fan of Dogecoin. Time and again, he has shown his love for cryptocurrencies, especially Siba Inu. End of October, Musk revealed that he owns only Bitcoin, Ethereum, and Dogecoin.
Jack Dorsey
The former CEO of Twitter, Jack Dorsey is a Bitcoin maxi. During The B Word conference in July, Dorsey stated that “If the internet gets a chance to get a native currency, what will that be?” He further added, “To me, that’s Bitcoin because of those principles, because of that creation story, because of its resilience. Besides, Bitcoin maximalists or maxis are regarded as those enthusiasts who believe that Bitcoin is the only cryptocurrency that will be needed in the future.
Sundar Pichai
In an interview with Bloomberg, Sundar Pichai stated that he does not own any cryptocurrencies, however, he also said, “I wish I did.” “I’ve dabbled in it, you know, in and out,” Google’s CEO added.
Mark Zuckerberg
Facebook creator, Mark Zuckerberg in May shared that he own Bitcoin. However, there is a twist to it. In November he posted a photo along with his pet goat named Bitcoin. Now, there is confusion, whether he owns the world’s largest cryptocurrency or not. Probably he does own, even though it is an undisclosed amount. In 2018, he held a positive stance towards blockchain technology saying, “The technology powering Bitcoin could help improve Facebook in the future.”
Tim Cook
Apple CEO clarified that he own crypto by saying, “it’s reasonable to own it as part of a diversified portfolio.” “I’m not giving anyone investment advice by the way,” Cook told Andrew Ross Sorkin at the New York Times’ DealBook online conference, suggesting that he invested money in crypto, however, is not confident about it.
Jeff Bezos
The founder of Amazon has rumoured to own both Bitcoin and Etthereum. However, Jeff Bezos did not clarify it himself. Besides, Amazon denied accepting Bitcoin or any other crypto as a payment option.
Bill Gates
Bill Gates has not confirmed but hinted at owing Bitcoin. In 2014, in an interview with Bloomberg, he stated that “Bitcoin and ICOs, I believe completely [they’re some] of the crazier, speculative things.”
Warren Buffet
Buffet does not own any cryptocurrencies but has been a long-time critic of Bitcoin and other cryptos.
FAQs
As Bitcoin goes increasingly mainstream, it is drawing the attention of more billionaire investors. Mass buying by billionaires could lead to a supply squeeze, sending the price of Bitcoin soaring. As billionaire hedge fund managers boost their exposure to Bitcoin, it could lead to unpredictable outcomes.
Do billionaires own cryptocurrency? ›
The total value of all outstanding cryptocurrencies increased by 170%, adding some $1.6 trillion in market value over the past 12 months, according to CoinGecko. That's helped make at least 17 people crypto billionaires, according to Forbes' 2024 World's Billionaires list, up from nine crypto billionaires last year.
What three cryptos does Elon Musk own? ›
It includes the following cryptocurrencies: Bitcoin. Ethereum. Dogecoin.
Which crypto has made the most millionaires? ›
There are 88,200 crypto millionaires worldwide. 40,500 of these millionaires have amassed their fortune in Bitcoin (BTC).
Which crypto is Mark Cuban buying? ›
In a January ask-and-answer session on X, Cuban said that his crypto portfolio includes Bitcoin, Ethereum, Polygon and Injective, and that his NBA team the Dallas Mavericks still accepts Dogecoin as payment.
Who is the richest crypto trader in the world? ›
The first position in our list of the richest crypto investors goes to Changpeng Zhao. Commonly known as CZ, Changpeng Zhao is a Chinese-Canadian entrepreneur and the founder and CEO of Binance, the world's largest cryptocurrency exchange in terms of trading volume.
Does Bill Gates own any cryptocurrency? ›
Gates, now fourth-richest person in the world with a net worth of $125 billion, said during a Thursday Ask Me Anything exchange on Reddit that he doesn't own any digital currency.
Does Bill Gates invest in cryptocurrency? ›
Bill Gates Says He's 'Neutral' on Bitcoin
Gates has previously criticized cryptocurrencies and said he'd short bitcoin "if there was an easy way to do it."
Does Warren Buffett own Bitcoin? ›
Perhaps the most famous value investor of all time, Warren Buffett is strongly against Bitcoin and other cryptocurrencies, saying, "You can't value Bitcoin because it's not a value-producing asset." Buffett and his holding company Berkshire Hathaway Inc. have been well-known for their investments in stable and ...
What crypto does Cathie Woods own? ›
Cathie Wood's Ark Investment Management LLC is snapping up shares of the firm's just-launched spot-Bitcoin ETF as competition among the inaugural issuers escalates.
Musk's fascination with the world of crypto has been on full display in recent years, and he's not shy about throwing his considerable influence behind his preferred digital coin: Dogecoin.
What crypto does BlackRock own? ›
BlackRock's spot bitcoin ETF, or IBIT, held more than $1 billion in bitcoin just five days after it began trading. IBIT is the second spot bitcoin ETF to achieve this milestone, with Grayscale Bitcoin Trust still dominating the market.
Who got rich off Bitcoin? ›
Jared Kenna, the young millionaire, started his bitcoin investments by buying the coins for as low as $0.20 each. When a few years later the worth of each bitcoin became $258, he sold his coins and made a fortune.
Which coin makes me millionaire in 2024? ›
List of Coins That Will Make You Rich This Year. Dogeverse (DOGEVERSE) – New multi-chain meme coin set to surge on 'DOGE day' in April. Slothana (SLOTH) – Latest Solana meme coin with over $10 million raised. Mega Dice Token (DICE) – Completely new Solana GameFi token with 4000 + games.
Which cryptocurrency will reach $10,000? ›
Prediction: Ethereum Will Reach $10,000 in 2030 | Nasdaq.
What is the best crypto to get rich? ›
Bitcoin is the first and largest cryptocurrency and while the days of its largest growth are likely behind it, BTC still represents one of the best cryptos that will make you rich.
Who is buying up all the Bitcoin? ›
Investment firms like Grayscale, BlackRock and Fidelity, are pouring billions of dollars into buying the volatile digital asset. In the last few weeks, these powerful institutions have become so called 'Bitcoin whales'. Because of Bitcoin's system there will only ever be 21 million bitcoins.
Who is the crypto billionaire in trouble? ›
Sam Bankman-Fried sentenced to 25 years in prison for his role in collapse of FTX crypto exchange. Former cryptocurrency billionaire Sam Bankman-Fried was sentenced Thursday to 25 years behind bars for his role in perpetrating one of the largest financial crimes in U.S. history.
What do billionaires think of Bitcoin? ›
In 2018, Carl Icahn said that bitcoin and other cryptocurrencies are "ridiculous." In 2018, the billionaire activist investor told CNBC that he found bitcoin and other cryptocurrencies "ridiculous." "I don't like the cryptocurrencies only because, maybe I don't understand them," he said, according to CNBC.
