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BTC creator Satoshi Nakamoto is now the 20th richest man in the world

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In mid-April, BTC blockchain creator Satoshi Nakamoto entered the list of the 20 richest people in the world, but after the price of BTC dropped, the inventor’s fortune fell sharply. Last week, Nakamoto rejoined the top 20 richest people on Earth.

Satoshi Nakamoto becomes the 20th richest man in the world

BTC skyrocketed over $ 60,000. According to the estimated amount of BTC held by Satoshi Nakamoto, the inventor of BTC is the 20th richest person or people in the world. In just five months, Nakamoto climbed from 159th richest person in the world to 20th place.

It is estimated that the creator of BTC owns about 1 million BTC. Of course, there are estimates of lower amounts, according to which the inventor accumulated only 750,000 BTC and then estimates of the upper limit according to the mining simulation, which assume that Nakamoto holds more than 1.1 million BTC. The crypto-community generally estimates that Nakamoto has about 1 million BTC, and he or she acquired it during the first year of BTC’s existence. The inventor also owns another 3 Bitcoin forks.

That means Nakamoto owns about $ 62 billion in BTC, $ 625 million in Bitcoin Cash (BCH), $ 169 million in BitcoinSV (BSV) and $ 191 million in ecash (formerly known as BCHA or BTC ABC). That’s a total of $ 62.2 billion on those four coins, ranking BTC inventor 20th on Forbes’ list of billionaires. Satoshi Nakamoto is above pure Zhang Yiming, a billionaire from China, but only a step away from 19th place, as Rob Walton, Walmart’s co-owner, has about $ 64.4 billion.

It’s amazing that the mysterious inventor of BTC is one of the 20 richest people in the world. A person or group of people has not yet spent a single cent. Some people assume that Nakamoto may have died, so the creator will never spend 1 million coins mined when he started operating the BTC network. However, Nakamoto may still be alive and may still have access to this property.

The creator of BTC still has to catch up with the two richest people in the world, including Elon Musk and Jeff Bezos. According to the list of billionaires, Musk owns about $ 214.8 billion and Jeff Bezos owns about $ 197.8 billion. In order to outperform Elon Musk’s assets, the price of BTC will have to be more than $ 215,000. If BTC reaches $ 100,000 this year, the creator of BTC will be on the list of the 10 richest people alongside Warren Buffet and Mukesh Ambani.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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