Pavel Durov Reveals the Source of His Wealth: Bitcoin Instead of Telegram.

02.10.2025 2007

02.10.2025 2007

Pavel Durov Reveals the Source of His Wealth: Bitcoin Instead of Telegram

According to inkorr.com: Pavel Durov, the founder of Telegram, in

an exclusive interview

with American podcaster Lex Friedman shared his thoughts on investing in Bitcoin. He revealed that in 2013 he bought 'a few thousand' bitcoins at a price of about $700 per coin and still holds them, despite market fluctuations.

Durov Lives Off Bitcoin Investments

Durov recalled how in 2014, when

the price of Bitcoin dropped to $200-300, those around him expressed sympathy for his losses

. He noted:

'I don't plan to sell because I believe in cryptocurrency as a reliable means of exchange that cannot be confiscated or censored'

Currently, his investments in Bitcoin have become his main source of income, allowing him to rent elite housing and use private jets.

'Some think that if I can rent good locations or fly privately, it's because of Telegram. As I mentioned, Telegram for me personally is a loss-making operation. Bitcoin allows me to stay afloat'

Telegram is Unprofitable for Durov

Durov emphasized that while the messenger has hundreds of millions of users, it does not bring him personal profit—in fact, it requires constant investments for development and maintaining independence from state control.

Bitcoin price of $1 million - What Durov Believes

Durov believes that

Bitcoin is the perfect tool for people like him: decentralized and protected from manipulation

. He predicts that Bitcoin will rise to $1 million per coin. His arguments are simple yet convincing:

Governments are printing fiat currencies uncontrollably, diluting their value.
Bitcoin has a fixed supply—only 21 million coins—with predictable inflation that will end over time.
'Just look at the trends. Governments keep printing money endlessly. Bitcoin is not printed. It has predictable inflation that will stop. It will remain. And as for all fiat currencies—let's see'

Durov's statement comes against the backdrop of a cryptocurrency boom: in 2025, Bitcoin had already exceeded $120,000, and global capitalization reached $1.2 trillion. Durov, who has experienced asset seizures in several countries, always emphasizes the importance of financial freedom. His investments since 2013 are a classic example of early entry: thousands of coins purchased at $700 are now worth hundreds of millions.

Earlier it was reported that

Pavel Durov left France in March 2025