Satoshi Nakamoto, the mysterious creator of Bitcoin, has skyrocketed to the 11th spot in the world’s wealthiest individuals list after Bitcoin peaked at $120,000. Allegedly, Nakamoto owns 1.096 million Bitcoins valued roughly at an eye-watering $131 billion, exceeding the wealth of Michael Dell, CEO of Dell Technologies. Despite this significant wealth, Forbes’ billionaire’s list, which tracks publicly verifiable assets like stocks, doesn’t include cryptocurrency holdings.
Bitcoin recently set a record by crossing the $120,000 mark. However, this figure still falls short of what would be needed for Nakamoto to overshadow current top-billionaire, Elon Musk, who holds a net worth of over $404 billion. For Nakamoto to claim the throne, Bitcoin’s value would need to skyrocket another 208% to $370,000, assuming the net worth of other billionaires remains constant.
Nakamoto’s wealth continues to spark intrigue and speculation. Bloomberg analyst Eric Balchunas predicted in June that if Bitcoin continues its typical exponential growth, Nakamoto could become the second-richest individual globally by the end of 2026. Meanwhile, various predictions place Bitcoin’s value between $133,000 to $250,000 by year-end or a few years out.
When compared to other notable Bitcoin investors, Nakamoto’s holding is unrivaled. Organizations and custodians collectively have 847,000 Bitcoins. Even the Winklevoss twins, founders of the crypto exchange Gemini, hold an approximate 70,000 Bitcoin. Tim Draper and Michael Saylor, two significant Bitcoin believers, possess roughly 30,000 and 17,732 Bitcoin, respectively – a drop in the ocean compared to Nakamoto’s haul.