Satoshi Nakamoto, the creator of the Bitcoin network, entered the world’s top 20 richest billionaire list in mid-April, but after bitcoin’s price dropped, the inventor’s wealth plummeted. This week, Nakamoto was re-inducted into the top 20 richest people on the planet. The previous time, Nakamoto was ranked 19th, and this time, he is ranked 20th.
Six months after Bitcoin’s all-time high, Satoshi Nakamoto becomes the world’s 20th wealthiest person.
Bitcoin (BTC), the leading crypto asset, has soared past the $60K mark, reaching a high of $62,945 on Friday. Using today’s exchange rate and the estimated stash of bitcoin Satoshi Nakamoto reportedly owns, Bitcoin’s creator ranks as the 16th richest person or persons in the world. When we last reported on this topic, Nakamoto had risen from the 159th richest person on the planet to the 19th in just five months. Using today’s BTC exchange rates, Nakamoto is now the 20th richest person(s) in the world six months later, on October 17, 2021.
A Whale Alert report that investigates “Patoshi Patterns.” It is assumed in this report that Satoshi Nakamoto owns 1.125 million BTC. People believe Satoshi Nakamoto owns all of this wealth because it is estimated that Bitcoin’s creator owns around 1 million BTC. Of course, there are lower-bound estimates that claim Nakamoto only has 750,000 BTC and upper-bound estimates that claim Nakamoto has more than 1.1 million BTC. The crypto community as a whole believes that Nakamoto has around 1 million bitcoin, and that because he, she, or they acquired it during the first year of BTC’s existence, the inventor also owns all forks linked to the stash.
Nakamoto has approximately $61 billion in unspent wealth as a result of Bitcoin and three forks.
On October 17, 2021, Nakamoto will own approximately $60.7 billion in bitcoin (BTC), $625 million in bitcoin cash (BCH), $169 million in bitcoinsv (BSV), and $191 million in ecash (formerly known as BCHA or Bitcoin ABC). That totals $60.9 billion between the four networks, putting Bitcoin’s creator in 20th place on Forbes’ list of real-time billionaires. Satoshi Nakamoto’s net worth exceeds that of China’s billionaire, Zhang Yiming. However, Nakamoto’s fortune is less than that of the world’s 19th richest person, Walmart’s Rob Walton, who is worth around $75.3 billion.
The current Forbes real-time billionaire list as of October 17, 2021, including Bitcoin’s creator. Jim Walton, Alice Walton, and Rob Walton, the family that owns and operates the mega retail chain Walmart, are wealthier than Satoshi Nakamoto. This article’s BTC/USD exchange rate metrics were collected on October 17, 2021, at 10:00 a.m. (EST).
What’s even more amazing is that the mysterious inventor of Bitcoin is one of the world’s 20 richest people. A person or group of people who have not spent a single penny of the $60.9 billion in cryptocurrency assets. Some people believe Nakamoto died, which is why the inventor has never and will never spend the 1 million coins he collected when he launched the Bitcoin network. However, Nakamoto could still be alive and have access to these fortunes.
Bitcoin’s creator is still a long way behind the world’s two wealthiest people, Elon Musk and Jeff Bezos. According to Forbes’ real-time billionaires list, Musk is worth around $214.8 billion today, while Jeff Bezos is worth around $197.8 billion. To surpass Musk’s net worth, a single BTC must be valued at more than $215K per unit. If BTC reaches $100,000 this year, Bitcoin’s creator will be among the top ten richest people in the world, alongside Warren Buffet and Mukesh Ambani.