Satoshi Nakamoto: The 11th Wealthiest Individual in the World
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is now considered the 11th richest person globally. This ranking comes after Bitcoin‘s price surged to $120,000, valuing Nakamoto’s estimated holdings of 1.096 million BTC at over $131 billion. This theoretical wealth surpasses Michael Dell, CEO of Dell Technologies, who has a net worth of $125.1 billion. However, Forbes does not include cryptocurrency holdings in its billionaire rankings, focusing instead on publicly verifiable assets like stocks.
The Path to Becoming the Wealthiest
For Nakamoto to top the Forbes list, Bitcoin’s price would need to rise by 208% to $370,000, assuming other billionaires’ net worths remain static. Elon Musk, currently the world’s richest person with a net worth exceeding $404 billion, sets a high bar for Nakamoto to surpass.
Expert Predictions on Bitcoin’s Growth
Bloomberg analyst Eric Balchunas predicts Nakamoto could become the second-richest billionaire by 2026 if Bitcoin maintains its historical performance. Other experts forecast Bitcoin’s price could reach between $133,000 and $250,000 in the near future.
Bitcoin Holdings Compared
- Nakamoto’s Bitcoin holdings far exceed those of other prominent figures in the cryptocurrency space.
- The Winklevoss twins, Tim Draper, and Michael Saylor hold significant amounts of Bitcoin but pale in comparison to Nakamoto’s estimated 1.096 million BTC.
Conclusion: Bitcoin’s Influence on Global Wealth
The theoretical ranking of Satoshi Nakamoto among the world’s wealthiest underscores Bitcoin’s growing impact on global wealth distribution. As Bitcoin’s price continues to fluctuate, Nakamoto’s story remains a central narrative in the cryptocurrency world.
