It comes at a time when virtual currencies have seen a boom like never before, creating wealth for the young as well as those who trusted the likes of Bitcoin, Ethereum and others and adopted them early on.
What the study also shows is the generational divide in wealth creation among the younger and older millionaires.
George Walper, president of Spectrem Group, which conducted the online millionaire survey with CNBC in April and May, said that the younger generation jumped on to cryptocurrencies early on when little was known about them.
And much on the lines of cryptocurrency, the NFT mania has also taken the world, particularly the younger generation by storm.
Almost half of the 750 millennial millionaires said that they owned NFTs, while 40 per cent said they don’t have them now but have considered it.
In April, the virtual currency had touched an all-time high of nearly $65,000 , a massive spike of over 450 per cent in just six months.
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