Telegram Founder Pavel Durov Funds Lifestyle with Bitcoin Holdings

2025-10-22 11:17

Telegram founder Pavel Durov disclosed on the Lex Fridman podcast that he sustains his lifestyle through Bitcoin investments, not Telegram's operations. Durov revealed he purchased thousands of Bitcoin in 2013 at $700 each and remained steadfast during a price drop to $200 in 2014. He highlighted Bitcoin's censorship resistance and expressed confidence in its future, predicting a potential price of $1 million. Despite Telegram operating at a loss, Durov's Bitcoin holdings cover his expenses, including luxury travel.

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