Bitcoin could make Satoshi Nakamoto the richest man

Bitcoin has entered the six-digit price zone and the inflow of institutional capital is accelerating at a historic pace. As BeInCrypto magazine reports, more and more analysts are asking: Will Satoshi Nakamoto, the founder of Bitcoin, become the richest person in the world before the end of the year?

Bitcoin could propel Satoshi to the top of the billionaire rankings

With approximately 1.1 million BTC on inactive addresses, his wealth would exceed $130 billion. To surpass Elon Musk, whose wealth is estimated at $350 to $400 billion according to Forbes, Bitcoin would need to cross the threshold of $320,000 to $370,000. That would mean a 2.7x to 3.1x increase from current values.

However, it’s not just about the price. Favorable macroeconomic conditions, regulatory changes, and a significant acceleration of institutional buying would also be necessary.

Top 5 billionaires in the world
Top 5 billionaires in the world. Source: forbes.com
  • Who is Satoshi Nakamoto? Satoshi Nakamoto is a pseudonymous individual or group who created Bitcoin in 2008 and authored its whitepaper. Nakamoto’s identity remains unknown. His BTC addresses hold approximately 1.1 million coins that have never been moved, making him potentially one of the wealthiest people on the planet.

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Invisible billionaire by the numbers

The approval of BTC ETF funds has unleashed a wave of capital. For example, the BlackRock IBIT fund holds over 727,000 BTC and is approaching $100 billion in assets under management. However, Bitcoin would require massive buying to reach $320,000 within five months. This could happen through strategic reserves accumulation by nation-states or large-scale purchases by sovereign wealth funds.

At the same time, despite his vast wealth, Satoshi is not listed in rankings such as Forbes or Bloomberg. If he were included, Satoshi would currently rank 11th based on his BTC holdings. The challenges are self-custody, lack of transparency, and the inability to verify ownership.

The 5 richest people according to Bloomberg
The 5 richest people according to Bloomberg. Source: bloomberg.com

Holding Bitcoin makes sense especially when central banks continue to devalue fiat currencies. Moreover, the infrastructure for reporting crypto wealth is still lacking, making it impossible to fairly compare it to stocks or real estate.

Although Bitcoin is becoming an institutional standard, its largest holder remains anonymous. Maybe the real question isn’t whether Satoshi will become the richest person, but rather who he really is.

  • Can Nakamoto surpass Musk? No one knows the answer for sure. However, if Bitcoin’s long-term trend continues upward and institutions keep investing, this hypothesis could one day become reality.
Marek Jendral

Written by

Marek Jendral