New research has revealed that out of the 56.1 million millionaires worldwide, 88,200 earned their fortunes thanks to crypto.

This is according to a new study by Henley & Partners, which shows that out of the 88,200 crypto millionaires, 40,500 owe their wealth solely to Bitcoin. 

The findings also reveal that 182 individuals have become centi-millionaires as a result of investing in crypto, with investable assets exceeding the $100 million mark.

Furthermore, 78 of these centi-millionaires have made their fortunes just with Bitcoin, the world’s largest cryptocurrency by market cap. Six individuals became billionaires via Bitcoin, and around 22 billionaires accumulated their wealth from the wider crypto market, Bitcoin.com reports.

This year’s group of crypto centi-millionaires and billionaires includes CEO of Binance Changpeng Zhao (CZ), Ripple’s Chris Larsen, Gemini’s Winklevoss, venture capitalist Tim Draper, Galaxy’s Michael Novogratz, Coinbase’s Brian Armstrong, Block.one’s Dan Larimer, Ethereum’s Anthony Di Iorio, Digital Currency Group’s Barry Silbert, Ripple’s Brad Garlinghouse, founder of Bitcoin.com Roger Ver, former Bitmain CEO Jihan Wu, and venture capitalist Matthew Roszak.

The report also states that crypto enthusiasts and investors are seeking ways to safeguard their assets as governments around the world draft crypto regulations.

Henley & Partners CEO Dr Juerg Steffen states: “We have seen a significant spike in inquiries from crypto millionaires over the past six months, who are all looking to build a viable ‘Plan B’ to protect themselves against any potential future bans on the trading or use of cryptocurrencies in their countries and to allay the risks of aggressive fiscal policies that tax digital assets at source.”

Furthermore, although the top two cryptocurrencies, Bitcoin and Ethereum, have seen a fall of more than 10% over the last month, the Crypto Wealth Report indicates this is a typical stage in Bitcoin’s financial trajectory.

Jeff D. Opdyke, a personal finance and investment guru, commented: “From the moment Bitcoin was born in 2009, crypto was always going to become the most inevitable trade in 30 years. Crypto today, in the wake of a bear market, is a replay of 1999 to 2001 — in other words, a fantastic opportunity to buy when blood stains the streets because we’re not likely to ever see these prices again.”