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 .

Looking for more stories like this? Check out On the Money — SoFi’s one-stop-shop for news, trends, and tips!

Check it out

Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Advisor
SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.

TLS 1.2 Encrypted
Equal Housing Lender