According to the Forbes Billionaires List, there were over 2,000 billionaires worldwide in 2020. Ever wondered what would happen if these ultra-wealthy individuals allocated just 5% of their portfolios to Bitcoin? Blockchain media outlet Decrypt identified 9 billionaires who hold Bitcoin—let's explore their stakes.
Elon Musk
Net Worth: $40 billion
Bitcoin Holdings: 0.25 BTC ($2,400)
The tech mogul and CEO of SpaceX/Tesla first revealed his Bitcoin position in 2019, stating it was a gift from friends. Despite his influential tweets about crypto, Musk hasn’t increased his holdings.
"I still only own 0.25 Bitcoins btw."
— @elonmusk
Mark Cuban
Net Worth: $4.3 billion
Bitcoin Holdings: $130
The Dallas Mavericks owner partnered with BitPay to accept Bitcoin payments but famously quipped he’d "rather hold bananas than crypto." His minimal BTC stash came from team promotions.
Paul Tudor Jones
Net Worth: $5.1 billion
Bitcoin Holdings: 1–2% of portfolio (~$102 million)
The hedge fund legend calls Bitcoin "the fastest horse" against inflation, allocating up to 2% of his portfolio.
Brian Armstrong
Net Worth: $1.3 billion
Bitcoin Holdings: Undisclosed (bought at $9/BTC)
Coinbase’s CEO purchased $1,000 worth of BTC at $9 and held through dips. Reports suggest he owns more ETH than BTC.
Jack Dorsey
Net Worth: $4.7 billion
Bitcoin Holdings: "Enough"
Twitter’s ex-CEO buys BTC weekly via Cash App (up to $10,000/week). His Square app integrates Bitcoin payments, aligning with his view of BTC as "internet’s native currency."
Changpeng Zhao (CZ)
Net Worth: $2.6 billion
Bitcoin Holdings: 1,667+ BTC ($16M+)
The Binance founder went "all-in" by selling his home for BTC at $600/coin in 2013. He still holds that initial stash.
Winklevoss Twins
Net Worth: $1.8 billion (combined)
Bitcoin Holdings: ~1% of 2013’s circulating supply
After their Facebook settlement, the twins invested early in BTC and later founded Gemini exchange.
Tim Draper
Net Worth: $1 billion
Bitcoin Holdings: 30,000+ BTC
The venture capitalist won 30,000 BTC in a 2014 auction. He predicts BTC will hit $250,000 by 2023—or he’ll "eat raw eggs."
Chamath Palihapitiya
Net Worth: $1 billion
Bitcoin Holdings: ~5% of 2013’s supply
The Social Capital CEO advises allocating 1% of net worth to BTC as a hedge against traditional markets.
FAQs
Q: Which billionaire holds the most Bitcoin?
A: Tim Draper (30,000+ BTC) and Chamath Palihapitiya (historically 5% of supply) lead in holdings.
Q: Why do billionaires invest in Bitcoin?
A: As a hedge against inflation (Paul Tudor Jones), long-term store of value (CZ), or technological bet (Jack Dorsey).
Q: Is Elon Musk’s Bitcoin stash significant?
A: No—his 0.25 BTC is symbolic compared to others’ investments.
👉 Discover how Bitcoin compares to traditional assets
Note: Cryptocurrency investments carry high risk—price volatility may result in total capital loss.
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