Even though the crypto market isn’t doing well right now, some folks handle it like pros. According to a recent report from Henley & Partners, there are currently six Bitcoin billionaires worldwide. Also, 22 billionaires have their crypto wealth spread across different cryptocurrencies.
Crypto Wealth: The Hidden Fortunes
Unfortunately, we don’t know who these wealthy individuals are. However, some big names in the crypto billionaire club include Binance CEO Changpeng ‘CZ’ Zhao, Coinbase CEO Brian Armstrong, and Ripple co-founder Chris Larsen.
The report also tells us that a whopping 88,200 people across the globe have over $1 million worth of cryptocurrencies. And out of these, nearly half, that’s 40,500, have more than $1 million in Bitcoin alone.

But before you think everyone’s getting rich with crypto, remember these numbers need some context. A spokesperson from Henley & Partners explained, “Considering the over 20 million global millionaires, based on net investable wealth (comprising listed equities, cash, and property holdings), crypto millionaires make up only a tiny portion.”
Centi-Millionaires and Beyond
More interesting data shows that 78 people are Bitcoin centi-millionaires, meaning they have over $100 million in Bitcoin. And 182 people have $100 million or more across different cryptocurrencies.
Now, let’s dive into some more stats. Bitcoin millionaires make up about 46% of all crypto millionaires but only 27% of the crypto billionaire club. Why the imbalance? Well, it’s because some crypto billionaires have massive holdings in other cryptocurrencies, not just Bitcoin.
Here’s the scoop if you’re curious about where these crypto millionaires and billionaires live. The United States leads the pack with the most crypto millionaires. Next in line are India, China, Brazil, and Russia.
The data for this report came from public information on big crypto platforms like Binance, CoinMarketCap, and Etherscan. Henley & Partners also used their crypto wealth tier models, which help classify billionaires, centi-millionaires, and other high-net-worth individuals based on a progressive Lorenz curve distribution.
Embracing Crypto Wealth in a Broader Market
But the report isn’t just about the global crypto wealth. It also talks about the broader crypto market. According to Henley & Partners, crypto represents the “pinnacle of trade and technology over the past three decades.” They compare the current state of crypto to the dotcom bubble of the late ’90s and early 2000s and mention how Amazon’s value dropped by 93% during that crisis.
The report also sheds light on countries that are embracing crypto. Portugal and Montenegro are emerging as crypto hotspots. And they wrap things up with a Crypto Adoption Index, which lists countries with the highest adoption rates for crypto.
Singapore is the index’s top spot, closely followed by Switzerland and the UAE. The United States and the United Kingdom secured fifth and seventh positions, respectively. The top ten also include Australia, Canada, Malta, and Malaysia.
Tax-Friendly Destinations for Crypto Wealth Owners
Singapore and the UAE get a thumbs-up for their crypto-friendly tax policies. On the other hand, the U.S. and the UK may not be the most tax-friendly, but they excel in other areas. The U.S. leads infrastructure adoption with many crypto ATMs and local bank integrations. The UK takes the lead in innovation and technology.