Bitcoin’s creator, known by the pseudonym Satoshi Nakamoto, has quietly climbed the ranks to become the world’s 11th richest person.
This rise comes as the Bitcoin price recently hit $120,000, valuing Nakamoto’s estimated 1.096 million bitcoins at over $131 billion.
How did Satoshi Nakamoto accumulate such wealth?
Nakamoto mined the first bitcoins in 2009 and amassed a vast stash across thousands of wallets. This accumulation happened before Bitcoin became mainstream, giving Nakamoto a unique financial position.
Despite his immense wealth, Nakamoto has never publicly revealed his identity or cashed out any of his bitcoins, keeping the fortune untouched.
Did you know?
Satoshi Nakamoto is believed to hold over 1 million bitcoins, making him the largest individual Bitcoin holder in history.
What would it take for Nakamoto to become the wealthiest person?
To surpass Elon Musk, currently the richest billionaire with an estimated net worth of over $404 billion, Bitcoin’s price would need to spike by approximately 208% to around $370,000 per coin.
This assumes that the net worth of other billionaires remains stable, which is unlikely given market fluctuations.
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Nakamoto surpasses traditional billionaires
At current Bitcoin prices, Nakamoto’s net worth eclipses that of Michael Dell, placing him ahead of several tech moguls on the Forbes billionaires list.
However, Forbes does not include crypto wallet holdings in its rankings, so Nakamoto’s wealth remains unofficial in this regard.
Bitcoin’s price surge fuels Nakamoto’s rise
Experts predict Bitcoin could continue rising, with some forecasting prices of $200,000 or more by the end of 2025.
If these predictions hold, Nakamoto’s rank among billionaires could climb further, potentially reaching second place within the following year.
The mystery around Nakamoto’s identity and his untouched fortune continues to captivate the financial world, hinting at a future where crypto wealth reshapes global billionaire rankings.
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