At least 88,200 people have $1 million or more in cryptocurrencies, a new wealth report said.
That's out of 425 million total crypto users around the world, according to Henley & Partners.
A fortunate few — 182 users — have cryptocurrencies worth more than $100 million, the report said.
Crypto-millionaires are defined as people who have at least $1 million in cryptocurrency assets, per the firm's Crypto Wealth Report 2023.
But the world's wealthy crypto users are starting to outnumber the number of high-net-worth individuals in entire countries, such as Russia, which has 65,000 millionaires, and Saudi Arabia, which has 52,000 millionaires, per Amoils' estimate.
Persons:
That's, Andrew Amoils, Dominic Volek, Volek, —
Organizations:
Henley & Partners, Service
Locations:
cryptocurrencies, Wall, Silicon, London, Russia, Saudi Arabia, cryptocurrency