Currently, it is estimated that Satoshi Nakamoto, the anonymous creator of Bitcoin is the 157th richest person in the world, with an estimated net worth of 1.1 million bitcoins, equivalent to 12.8 billion dollars. But how much does bitcoin have to appreciate for Satoshi to surpass Jeff Bezos and become the richest person on Earth?
Currently, the founder of Amazon has 175 billion dollars being the richest person on the planet. Bernard Arnault and his family own $ 122 billion.
These two billionaires are followed by Bill Gates ($ 118 billion), Mark Zuckerberg ($ 98 billion), Elon Musk ($ 93 billion) and Mukesh Ambani ($ 83 billion). Now, in the past two decades, the richest people in the world are changing positions more often, in the future, the creator of Bitcoin could join the mega elite.
Satoshi Nakamoto is estimated to hold around 1.1 million BTC ($ 12.45B), in addition to which he also owns fortunes in Bitcoin Cash and Bitcoin Sv. That means Satoshi is richer than China's electronics billionaire Wang Laisheng with his $ 12.4 billion.
For Satoshi Nakamoto to surpass Jeff Bezos, the cryptocurrency will have to exceed six digits for sure. Calculations show that bitcoin (BTC) will have to rise above $ 160,000 per currency for Satoshi's wealth to exceed Bezos's current stock. At $ 160k, Nakamoto would have a total of $ 176 billion in BTC.
Today, at $ 11,700 per currency, crypto will have to earn 1,308% in value to reach the $ 160,000 price range. In addition, with around 18.5 million BTC in circulation, its market capitalization would be worth approximately two trillion nine hundred and sixty billion dollars.
Read more: Is Satoshi Nakamoto back? Last 21 blocks of 2010 are moved