In any industry's fledgling phase, there are always pioneers who leverage the early-stage chaos to rise and become new billionaires. When they become the new elite, their lifestyles often become mysterious and luxurious, with mansions symbolizing their wealth and status.
Over the years, the explosive growth of the cryptocurrency market has created a new class of wealthy individuals. Crypto moguls have accumulated vast fortunes through their endeavors, and their wealth is reflected not only in digital wallets but also in real-world luxury mansions. Unlike traditional financial moguls, these new crypto elites are often younger and more willing to flaunt their wealth, with mansions serving as the best stage for showcasing their success.
From 2020 to 2025, the global luxury housing market has continued to heat up due to privacy demands and low inventory following the pandemic. Crypto moguls have seized the opportunity to purchase numerous high-priced properties. These luxury homes not only feature prime locations and luxurious designs but also often come with high-tech facilities, perfectly aligning with the high demands for privacy and security among crypto individuals.
Next, we will focus on several well-known figures in the crypto space and their luxury home transactions, outlining their prices, locations, and unique features, giving you a glimpse into their luxurious residences.
Overview of luxury mansions owned by crypto moguls
EOS founder BB: $172.8 million Italian mansion
Brendan Blumer is the CEO of Block.one, the parent company of EOS, and chairman of Bullish. He founded the online game virtual goods automated trading platform Gamecliff at the age of 14, launched Okay.com in 2010, creating a collaborative data-sharing ecosystem for the Asia-Pacific real estate market, which later developed into Hong Kong's largest digital real estate agency.
In 2017, he co-founded Block.one with Dan Larimer (BM), focusing on blockchain technology research and development. After founder BM left, almost the entire core team of Block.one was made up of BB's people.
In March 2025, Italian media (L'Union Sarda) reported that he bought the Romazzino villa for a record 160 million euros (approximately 172.8 million dollars). Excluding the Certosa villa (Villa Certosa), this transaction is the highest value in the history of real estate in Sardinia and Italy.
The villa located in Romazzino is one of the most luxurious mansions on the Emerald Coast (Costa Smeralda) and was formerly the home of Saudi Arabia's former oil minister Ahmed Zaki Yamani.
This mansion boasts a 350-meter coastline, covering 2.3 hectares, with 28 bedrooms, 35 bathrooms, spacious terraces, two private beach entrances, two exclusive docks, three swimming pools, and about 23,000 square meters of gardens and facilities.
Mahji Da Ge: $25 million Los Angeles Bird Streets mansion
Huang Licheng, also known as 'Mahji Da Ge', is a former rapper and tech entrepreneur. In 1991, he became a founding member of the popular/rap trio LA Boyz, gaining fame. LA Boyz was active from the early to late 90s, releasing 13 albums and becoming popular in Asia before disbanding in 1997. After the success of LA Boyz, Huang Licheng formed the hip-hop group 'Machi' in 2003 and achieved further success.
In 2017, Huang Licheng began to enter the cryptocurrency field through Mithril. 'Mahji Da Ge' is one of the earliest NFT players with a certain trading scale and a major holder of BAYC. His trading frequency, NFT holdings, and selling prices can influence the NFT trading market and the floor prices of blue-chip NFTs such as BAYC.
In June 2023, Huang Licheng purchased a mansion in Los Angeles's famous Bird Streets community for 25 million USD. This luxurious villa boasts 14,000 square feet of spacious space, featuring a wine cellar, marble bar, and large gym, with 5 bedrooms and 8 bathrooms.
This mansion located in Bird Streets was initially listed for $34 million and was just completed in early 2022. However, according to photos, Mahji Da Ge bought it a year later for about 75% less than the asking price and became neighbors with other celebrities such as Foxconn founder Terry Gou, Winklevoss twins, and LVMH CEO Bernard Arnault.
Coinbase CEO: $133 million Los Angeles mansion
Brian Armstrong is the co-founder and CEO of Coinbase, having previously worked at IBM, Deloitte, and Airbnb, accumulating experience in software development and payment systems.
After being introduced to the Bitcoin white paper in 2010, he developed a strong interest in cryptocurrency. In 2012, he co-founded Coinbase with former Goldman Sachs trader Fred Ehrsam. Armstrong led Coinbase to become the largest cryptocurrency exchange in the U.S., achieving a market value of $100 billion in April 2021 through direct listing. In 2024, Forbes estimated his net worth at $11.2 billion, ranking him second on the list of crypto billionaires.
This villa costs $133 million. Located at 10671 Chalon Road, Los Angeles, CA 90077, this mansion covers nearly five acres and includes a 19,000 square foot main house and a 6,600 square foot guest house, with at least 10 bedrooms and 13 bathrooms. The estate is fully equipped with facilities, including a tennis court, two swimming pools, a car park, a home theater, and a spa and gym.
The villa was designed by the renowned British architect John Pawson, known for his iconic minimalist aesthetics. The villa's design features a 'stacked cube' structure, with large glass walls and minimalist interior decor complemented by spacious oak furnishings, creating a modern and comfortable living environment.
The villa originally belonged to Hideki Tomita, the founder of the Japanese job placement agency Dip Corporation, who purchased the property for $85 million in 2018 and later sold it to Armstrong for $133 million. This transaction is regarded as one of the most expensive single-family home transactions in Los Angeles history.
SBF: Spent over $240 million on more than 30 mansions in two years
FTX founder Sam Bankman-Fried (SBF) quickly built FTX with deep insights into the crypto market, developing it into one of the world's top cryptocurrency trading platforms. However, at the end of 2022, FTX suddenly collapsed, attracting global attention. SBF was arrested on charges of misappropriating client funds and fraud, becoming one of the most controversial figures in the crypto industry. After the FTX crash in 2022, SBF's mansion was listed as part of the bankruptcy liquidation assets and was sold in 2023 at a significant discount.
In June 2023, FTX creditors reported that SBF misused client deposits, spending over $240 million in two years to purchase more than 30 million-dollar mansions in the Bahamas for employees, friends, and family, including a $30 million property called 'Albany Orchid Penthouse,' and a $16 million 'Old Fort Bay Lot A.'
Orchid Penthouse is a top-floor apartment covering 11,500 square feet, with 6 bedrooms, more than 6 bathrooms, valued at 30 million USD. Before the collapse of FTX, SBF had lived here with former FTX engineering director Nishad Singh, co-founder Gary Wang, Ellison, and other colleagues from the FTX Group.
This top-floor apartment is one of only nine ultra-luxurious residences, its most striking feature being the arched floral screen that runs throughout the wraparound terrace of the apartment. The mansion features Venetian plaster walls, Italian marble decor, and German-engineered doors and windows. High-tech aspects include a comprehensive home automation system and a secure coded private elevator.
In addition, there are curved glass walls and marble bar counters, with a combination living room, dining room, family room, library, and office. Besides the master suite, there are four guest suites, the master suite has dual bathrooms, dual walk-in closets, and a private balcony with a private hot spring. Outside the living room and dining room, there is a large terrace with a mosaic-tiled spa.
CEO of Curve: $59.25 million for two mansions in Australia
Michael Egorov is the co-founder and CEO of Curve Finance, a leading decentralized stablecoin trading platform on Ethereum, known for its efficient, low-slippage automated market maker mechanism (AMM). Egorov was born in Russia and has a PhD in physics, having previously worked in quantum computing and cryptographic technology research.
He served as the technical lead for the NuCypher project before turning to the DeFi space, focusing on solving the efficient exchange problem between stablecoins. Since Curve's launch in 2020, the platform has quickly become an important part of DeFi infrastructure. Although Egorov himself is very low-profile, his influence in the DeFi community is profound, and he has often sparked controversy due to his concentrated control of governance rights.
In May 2023, when Anna Egorova was revealed to be the buyer of the 41 million AUD mansion Avon Court in Melbourne, she set the highest record for property transactions in Victoria so far this year. However, this partner of Michael Egorov, CEO of the decentralized crypto protocol Curve Finance, is not new to making significant purchases in the Melbourne luxury real estate market.
Records of properties in the high-end area of Hawthorn near Shakespeare Grove show that this Russian-born couple has long owned the house next door to Avon Court. Avon Court was built in 1890, covering 4,251 square meters. This landmark four-story Victorian mansion features an elevator connection, with nine bedrooms, seven bathrooms, a gym, a steam room, two swimming pools, a playground, a mini soccer field, an underground garage for ten cars, and six kitchens.
Records show they purchased this Italian-style two-story five-bedroom mansion - Verona for 18.25 million AUD in March 2022, covering a land area of 1,412 square meters.
This couple's total land holdings in the area have increased to an astonishing 5,663 square meters. This is not the first time a multi-faceted figure from the crypto sector has shown interest in large plots of land in Melbourne's top postal areas. Previously, crypto casino founder Ed Craven purchased a dilapidated mansion on St Georges Road in Toorak for 80 million AUD, covering an area of 7,187 square meters.
Huobi founder Li Lin: Renting before buying a luxury mansion in Hong Kong for over 1 billion HKD
Li Lin is one of the founders of Huobi and one of the earliest entrepreneurs to enter the cryptocurrency field in China. He holds a bachelor's degree in automation from Tsinghua University and a master's degree from the Institute of Automation of the Chinese Academy of Sciences. In 2013, Li Lin founded Huobi, which he built into one of the world's leading cryptocurrency trading platforms before selling it to Sun Yuchen and exiting completely.
In August 2023, according to reports, the largest estate-style primary unit in Kowloon, Hong Kong, has been purchased by Huobi founder Li Lin. According to Ming Pao, the property was sold in a rent-to-buy format, allowing a rental period of 90 months, approximately 7.5 years, starting from the 1st of this month. After completing the 7.5-year rental period, there is a 3-month renewal option, and the unit can then be purchased for a subscription price of 1 billion HKD, with an area of 11,692 square feet, translating to approximately 85,529 HKD per square foot. If the final buyer exercises the 1 billion HKD subscription right, the transaction price could set a new record for Kowloon estate-style houses.
Summary
The luxury home frenzy among crypto moguls is not only a reflection of personal wealth but also mirrors the changes in the cryptocurrency industry. The crypto bull market from 2020 to 2022 made many people rich overnight, leading to a surge in luxury home transactions. However, the collapse of platforms like FTX in 2022 also caused some moguls' mansions to become liquidation assets. The enthusiasm for buying luxury homes in the crypto sector may cool down, but the allure of top luxury homes will not fade.
In 2023, global luxury home prices are increasing at twice the speed of non-luxury homes. Scarcity and low inventory will continue to push prices up. For new crypto elites, luxury homes are not only symbols of wealth but also a way to establish status in the traditional world.
Top ten golden reasons to buy property in Dubai now: seize the wealth train of the era!
As a popular destination for global real estate investment, Dubai's property market offers extremely attractive choices for investors, thanks to its unique policy advantages, economic vitality, and international environment. The following analyzes the core advantages of purchasing property in Dubai from multiple dimensions.
1. The world's best tax policies
Dubai is known as a 'zero tax paradise,' with almost no tax burden in property transactions and ownership.
No capital gains tax: no taxes on the appreciation portion when selling property, allowing investors to retain 100% of their profits.
No property tax: no annual property tax during the holding period, reducing long-term holding costs.
No personal income tax: rental income or property appreciation gains are not subject to personal income tax.
Low transaction costs: only 4% land registration fee and 2% agency fee, far lower than other international cities (e.g., stamp duty in London can be as high as 12%).
2. High rental yields and stable appreciation
The rental yield and capital appreciation potential of Dubai real estate rank among the best in the world.
Rental yield: The rental yield for downtown apartments is about 7%-10%, while non-downtown areas can reach 10%-12%, far surpassing cities like London (3.5%) and New York (4%). For example, a one-bedroom apartment in downtown Dubai has a monthly rent of about 12,000 dirhams (approximately 23,000 RMB), with an annual rental yield of up to 8%.
Property price growth: In 2023, Dubai's property prices increased by 18% year-on-year. In 2024, high-end residential price growth ranks among the top five globally, with core areas like downtown Dubai and Palm Island seeing price increases of 15%. It is expected that property prices will continue to rise moderately by 5%-10% in 2025.
Supply-demand imbalance: By 2025, Dubai's population will increase to 3.92 million, adding about 1,000 people daily, but the annual new housing delivery is only 61,000 units, with a supply-demand gap continuing to push property prices up.
3. Friendly foreign buyer policies
Dubai is highly open to international investors, with well-established policy protections.
Permanent ownership: Foreigners may own permanent property rights in designated areas (such as downtown Dubai, Dubai Marina), with the freedom to buy, sell, rent, or inherit.
Financial security: Developers are required to set up government-regulated escrow accounts to ensure that buyers' funds are used for project construction. If the project is canceled, a full refund is available.
Legal protection: Transactions for off-plan properties must be notarized and registered, with an 'Oqood' temporary property certificate issued. If the actual delivery area differs by more than 5%, developers must compensate at the original price.
No shared area: Dubai properties are priced based on actual usable area, excluding shared areas, ensuring that every penny is well spent.
Finely decorated delivery: Most new homes in Dubai come with fine decorations, and some properties also include furniture, kitchen appliances, and even home appliances, eliminating the tedious decoration process and extra costs.
Interest-free payment plans: Dubai developers offer interest-free payment plans, where buyers only need to pay a certain percentage as a down payment, with the remaining amount paid in installments, alleviating financial pressure and increasing investment returns.
4. Visa and residency conveniences
Buying property can directly or indirectly grant long-term residency rights.
Golden visa: Investment of over 2 million dirhams (about 3.8 million RMB) in property can apply for a 10-year golden visa, with spouse, children, and parents accompanying.
Retirement visa: Investors over 55 years old purchasing property worth 2 million dirhams can apply for a 5-year retirement visa with no residency requirements.
Work visa: By investing in property or starting a business (such as a free zone company), one can obtain a work visa and enjoy local medical and educational benefits.
5. Economic diversification and leading infrastructure
Dubai has strong economic resilience and world-class infrastructure.
Non-oil economy accounts for over 90%: Industries like finance, tourism, and trade contribute to the main GDP, with the non-oil GDP growing by 6.7% in 2023, reducing reliance on oil.
World-class infrastructure: Dubai has the busiest airport in the world (over 90 million annual passengers), a metro network, free trade zones (such as JAFZ), and smart city projects (like Dubai South), enhancing property value.
Major events drive: International events such as the World Expo and Dubai World Cup attract a large number of tourists and investments, boosting the short-term rental market.
6. Advantages of exchange rates and asset allocation
The dirham is pegged to the dollar, with a stable exchange rate, suitable for global asset allocation.
Exchange rate hedging: The dirham is fixed at 3.67:1 against the dollar long-term, avoiding exchange rate fluctuation risks, especially suitable for investors holding dollar assets.
Potential appreciation of the RMB: If the RMB depreciates, Dubai properties priced in RMB will appreciate simultaneously. For example, if the RMB depreciates by 1% against the dirham in 2024, a property worth 5 million dirhams will appreciate by about 100,000 RMB.
No foreign exchange controls: Dubai has no foreign exchange controls, and there are no restrictions on capital flow, allowing investors to flexibly allocate funds.
No purchase or sale restrictions: The Dubai real estate market has no limits on quantity or resale timelines, providing ample freedom and flexibility for investors to seize global asset allocation opportunities.
7. Green building and sustainable development
Dubai promotes green building to enhance long-term property value.
Environmental policies: New buildings must meet green building standards (such as LEED certification) using solar energy, water-saving technologies, etc., to reduce energy consumption costs.
Future trends: By 2050, all buildings in Dubai will achieve net-zero carbon emissions, with green buildings commanding a rental premium of 10%-15%.
8. Regional investment potential and developer credibility
The choice of different regions and developers affects investment returns.
Core areas: High-end areas such as downtown Dubai, Palm Island, and Dubai Marina lead in rental and property price increases, suitable for short-term investments and high-end rentals.
Emerging areas: New planned areas like Dubai South and Dubai Silicon Oasis have long-term appreciation potential due to policy support and infrastructure investment.
Reliable developers: Choose reputable developers such as Emaar and Damac to ensure projects are delivered on time and quality is guaranteed.
9. Advantages of self-occupation and living facilities
Dubai offers high-quality education, medical care, and living environments.
International education: Top global schools like GEMS Wellington Academy and JSS Private School have branches, with tuition only one-third of domestic international schools.
Medical resources: Dubai has numerous internationally accredited hospitals (such as the Cleveland Clinic Dubai), with leading medical standards worldwide.
Living convenience: Year-round sunshine, tax-free shopping, and diverse cultural festivals (such as the Dubai Shopping Festival) are abundant, making it suitable for family living.
10. East-West hub and wealthy social circles
The world's first city to establish a cryptocurrency regulatory agency, buying luxury homes with Bitcoin and USDT is not a dream. Trump Tower even accepts digital currency payments. Here, your virtual assets and physical properties perfectly integrate, truly achieving 'on-chain wealth, off-chain enjoyment.'
The tallest building in the world, the largest mall, the most luxurious hotels... Dubai treats 'world records' as standard. Here, every day feels like VIP treatment, and life is an endless top-tier enjoyment.
8-hour flights to major cities worldwide, covering Eurasia and Africa in 4 hours, your Dubai mansion is the strategic center of the global business landscape.
Live next to CZ, make friends with Trump buyers, Dubai property is not just a residence but also the golden key to entering elite circles. Here, opportunities flow like oil in the desert!
Summary
The advantages of Dubai real estate can be summarized as 'three highs and three lows': high returns, high appreciation, high convenience, low taxes, low risks, and low thresholds. For international investors, especially those seeking asset preservation, tax optimization, and long-term residency, Dubai is an ideal choice. However, investors should also pay attention to market fluctuations and regional differences, and choose suitable property types and developers based on their own needs.
🌟 If you don't buy in Dubai now, will you wait for the whole world to wake up and rush to buy? Opportunities are like Bitcoin, fleeting! Act now and let your wealth shine the brightest in the desert jewel!🏙️💰
Dubai Silver Time Property - Alice, add contact information (V: nihaoalice309), note IC Chinese Community.
Message from Alice
I am a senior agent specializing in the Dubai real estate sector and also an investor in the blockchain industry. I have lived and worked in Dubai for 10 years and am well aware of the development context of each area. Throughout my career, I have successfully helped many clients achieve their dreams of owning property in Dubai.
I am well-versed in various policies and regulations of the Dubai real estate market, capable of accurately interpreting the home buying process, property rights issues, tax policies, etc., to help you avoid potential risks. From the early stage of filtering the most suitable properties based on your needs, to accompanying on-site inspections, assisting in communication and coordination with developers, lawyers, etc., and then to subsequent loan processing, property handover, and management services, I will follow through the entire process, providing a one-stop worry-free service.
Whether you want to invest in property in Dubai to achieve wealth growth through rental income and property appreciation, or seek an ideal residence for your children's education or family immigration, you can confidently entrust it to me. I will use my professionalism and enthusiasm to help you start your ideal life in Dubai.
About Silver Time Properties
Silver Time Properties has been deeply involved in the Dubai real estate market for eleven years, defining a new benchmark for asset value with professionalism. As a leading enterprise in the Dubai Chinese real estate broker industry, we have a professional team of 50 people, building a full-cycle service system covering market research, project selection, transaction services, and asset management, and have been recognized as the annual sales champion of Dubai developers for three consecutive years.
We have created a unique 'Five-Dimensional Due Diligence' evaluation model that accurately filters the most value-added real estate projects for you from five dimensions: policy planning, regional development, cash flow calculation, developer qualifications, and rental-to-sale ratio. At the same time, we provide a one-stop service loop, including investment consulting, property selection, loan planning, legal risk control, property handover acceptance, leasing management, and asset disposal, and we have specially established a legal team certified by the Dubai Land Department to ensure that every transaction is compliant and transparent.
With outstanding professional capabilities, we have become the designated real estate service provider for Huawei Dubai, China National Petroleum Corporation, Sinopec, and many state-owned banks' institutions in Dubai, accurately matching your global asset allocation needs.
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