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Four Out Of Five Millennial Millionaires Own Crypto: Survey

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Knewz

By Richard Horgan Los Angeles (Knewz) — “Millennial Millionaires” sounds like a reality TV series waiting to happen. Until then, we have a CNBC survey of folks born between 1981 and 1996 who have at $1 million dollars. Crypto and inherited wealth are the two dominant threads here, with 53 percent of respondents indicating that at least half their wealth is crypto investment assets and a third have even more banked in the new currency, at least three-quarters of their overall fortune. Among millennials worth $5 million or more, the top factor for 75 percent was an inheritance. All told, 83 perc…

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