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Crypto investors are considered more entrepreneurial and risk-tolerant than average wealthy person: Wealth-X report | South China Morning Post

March 11, 2022
Source: scmp.com scmp.com
News Snapshot:
Wealthy individuals who are mainly involved in, or have some investment, in cryptocurrencies are considered more entrepreneurial than the rest of the affluent population, according to the latest report by research group Wealth-X. According to Wealth-X, 84 per cent of the 3.6 million wealthy individuals in the world or those with a net worth of at least US$5 million, are self made with the remainder inheriting their fortunes. This tendency towards entrepreneurship among the wealthy is even more pronounced among those with an interest in cryptocurrencies, according to the US-based wealth information and insights provider. China’s share of bitcoin trades...
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