MARKET NEWS

Wealthy Investors Want to Live Forever

By: Anneken Tappe · January 31, 2024 · Reading Time: 2 minutes

Tackling Aging

Personal space shuttles are so last year. America’s wealthiest investors are turning their attention to another issue: aging.

The world’s wealthiest want to live forever, and they’re putting their money where their mouths are. Venture capitalists have made several major investments in “longevity” startups, companies developing products to help people live longer, healthier lives.

Growing Investments

A few years ago, investor Peter Thiel made headlines for investing in a company that is working to reverse the aging process at the cellular level. This week, Elon Musk’s neurotech company Neuralink implanted a brain chip in its first human patient. The chip is designed to detect neuronal activity as the company researches potential treatments for neurological conditions. And these are just two examples, with other companies targeting lung disease and liver cirrhosis.

Longevity.Technology, a VC firm focusing on the sector, estimates investments in longevity startups reached $5.2 billion in 2022 .

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