Wealth report: As old money procrastinates, young money goes crypto
Cointelegraph
Published Apr 12, 2022 09:17AM ET
Updated Apr 12, 2022 11:00AM ET
The rich get richer. According to the Wealth-X consulting company, in 2020, the number of ultra-high-net-worth individuals worth $5 million–$30 million in the world increased by 1.7% to 295,450 people; the combined net worth of this group increased by 2% to $35.5 trillion.
Observing the investment preferences of rich individuals and institutional investors is instructive. They have access to exclusive information and analytics to inform their investment decisions, and their investments are often supported by an army of advisers, employees of family offices and wealth managers.
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Written By: Cointelegraph
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