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Home Blockchain

Satoshi Bitcoin wallets now worth over $100 billion making Top 20 richest people

by DigestWire member
November 14, 2024
in Blockchain, Crypto Market, Cryptocurrency
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Satoshi Bitcoin wallets now worth over $100 billion making Top 20 richest people
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Satoshi Nakamoto’s Bitcoin holdings have surpassed $100 billion, placing the anonymous creator among the world’s top 20 wealthiest individuals if they are still alive and a single person.

According to data from Timechainindex, the Patoshi wallets, associated with early Bitcoin mining from 2009 to 2010, are likely to be Satoshi and contain over 1.12 million BTC. With Bitcoin’s recent surge to $93,400, these holdings now rival fortunes on the Forbes Rich List.

Bitcoin richlist (Source: Timechainindex)
Bitcoin rich list (Source: Timechainindex)

Currently valued at around $102 billion, the Patoshi wallets represent about 5.68% of the total Bitcoin supply. This significant stake elevates Nakamoto’s net worth near prominent figures like Michael Dell and Bill Gates, who are listed with net worths of $110.2 billion and $105.2 billion, respectively.

Satoshi now surpasses Binance co-founder CZ at $62.6 billion and is just above the leader of India’s private company, Mukesh Ambani, at $99.7 billion.

The anonymity surrounding Nakamoto adds an unusual dimension to the list of global billionaires, traditionally composed of well-known entrepreneurs and investors.

Forbes rich list (Source: Forbes)
Forbes rich list (Source: Forbes)

Bitcoin’s price increase follows recent market events, including the US presidential election results. The performance of digital assets has intensified discussions about them as alternative investment vehicles.

While the identity of Satoshi Nakamoto remains unknown, the financial implications of the Patoshi wallets are clear. The amassed wealth highlights the growth of Bitcoin since its inception and positions its creator among the elite ranks of global wealth holders.

The post Satoshi Bitcoin wallets now worth over $100 billion making Top 20 richest people appeared first on CryptoSlate.

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