India expected to lose 6,500 millionaires in 2023
It is only second in line as one of the top losers of millionaires – individuals with investable wealth of $1 million – after China .
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It is only second in line as one of the top losers of millionaires – individuals with investable wealth of $1 million – after China .
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According to Henley & Partners' Crypto Wealth Report, some 425 million people use crypto globally, with bitcoin accounting for just under half that number.
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Which nations are ahead of us in the cryptocurrency adoption rankings? And on what measures do we make the Top 3?
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Singapore leads the pack as the top crypto hub across the world, with a score of 50.2 out of 60, or 83.76%, the latest report by London-based investment migration consultancy Henley & Partners shows.
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Hundreds of millions of people around the world have some form of crypto holdings, whether that is in bitcoin or one of the many other digital currencies.
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Private wealth held in cryptocurrencies is on the rise with the total worldwide value exceeding $1 trillion, according to a report by Henley & Partners.
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A survey estimates that there are 88,200 millionaires around the world who have become rich through crypto assets, highlighting how this sector affects the wealth landscape
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Bitcoin might already be fulfilling what investment experts forecasted at its inception in 2009 – that it would become an inevitable trade within 30 years. More than a decade later, numbers indicate an increasing acceptance of the nascent digital asset class.
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In the global super-rich league, there are now 182 crypto HNWIs with crypto holdings of $100 million, inaugural Henley & Partners report finds.
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More millionaires are moving to different countries today than a decade ago for lifestyle, business, or political reasons, marking a sharp rebound since the height of the pandemic.
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Judi Galst of Henley & Partners talks about the increasing demand from Americans to invest in foreign passports to help diversify their mobility options.
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Singapore now lays claim to the most powerful passport in the world, allowing it's citizens to visit 192 countries without a visa.
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Sarah Nicklin
sarah.nicklin@henleyglobal.com
+27 21 879 1086
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