Crypto

Bitcoin Price Surge Makes Satoshi Nakamoto the World’s 11th Richest Person

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Satoshi is believed to hold almost 1.1 million BTC in cryptocurrency wallets

Satoshi Nakamoto, the mysterious creator of Bitcoin, has once again climbed the global wealth rankings after Bitcoin’s price surged past $120,000 over the weekend. Based on blockchain data, Nakamoto is believed to hold over 1.09 million BTC, which translates to more than $131 billion in current value. This vaults Nakamoto to the 11th spot on Forbes’ list of the richest individuals—if one includes crypto holdings, which Forbes currently does not when compiling its rankings.

At this level, Nakamoto surpasses tech tycoon Michael Dell but still trails the likes of Larry Ellison and Mark Zuckerberg, who are tied at $274 billion. Elon Musk remains at the top of the list, with an estimated net worth above $400 billion. To claim the number one spot, Bitcoin would need to reach roughly $370,000, a gain of over 200% from its current level.

Some analysts believe that such a jump is possible within a few years. Bloomberg’s Eric Balchunas recently suggested that if Bitcoin continues its historical trend of gaining around 50% annually, Nakamoto could rise to the second spot by the end of 2026. Others, like BitMEX co-founder Arthur Hayes and Bitwise’s Matt Hougan, believe Bitcoin could approach $250,000 or even $200,000 by the end of 2025, largely due to growing institutional interest and limited supply.

Despite his growing wealth, Nakamoto has never moved any of the early-mined Bitcoin, leading to widespread speculation that the holdings may never be accessed. That puts him in stark contrast with other major holders, such as the Winklevoss twins, who hold around 70,000 BTC, and venture capitalist Tim Draper, who bought 30,000 BTC at a government auction in 2014.

With Bitcoin continuing to gain traction, the debate over Nakamoto’s fortune—and whether it will ever be touched—remains one of the crypto world’s biggest mysteries.

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