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Home » Bitcoin Surpasses $68,000, Satoshi Nakamoto Climbs to 20th Spot on Forbes Rich List, Ousting Hwang Reyn-hyun?
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Bitcoin Surpasses $68,000, Satoshi Nakamoto Climbs to 20th Spot on Forbes Rich List, Ousting Hwang Reyn-hyun?

Mar. 5, 20242 Mins Read
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Bitcoin Surpasses $68,000, Satoshi Nakamoto Climbs to 20th Spot on Forbes Rich List, Ousting Hwang Reyn-hyun?
Bitcoin Surpasses $68,000, Satoshi Nakamoto Climbs to 20th Spot on Forbes Rich List, Ousting Hwang Reyn-hyun?
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After Bitcoin surged to $68,000 this morning, the total value of Bitcoin held by its creator, Satoshi Nakamoto, also surpassed $75 billion. If he were to be included in Forbes’ global billionaire list, he would rank as the 20th richest person in the world.

Bitcoin continued its strong upward trend today, reaching a high of $68,500, just $500 shy of its all-time high of $69,000. At the same time, this also pushed Bitcoin’s market value to over $1.34 trillion, making it the 9th largest asset globally, surpassing Meta, the social media giant, and Warren Buffett’s Berkshire Hathaway.

It is estimated that Satoshi Nakamoto mined a large amount of BTC during Bitcoin’s early days and holds approximately 1.1 million BTC in about 22,000 addresses associated with him. However, these holdings have not been touched for a long time.

Yesterday, a picture of Satoshi Nakamoto appeared on Forbes’ global billionaire list, causing excitement in the community and mainstream media recognizing Nakamoto’s influence. (Based on the BTC market price of $68,500, the value of Nakamoto’s BTC holdings has reached $75.3 billion.)

However, upon further investigation, it was found that Forbes’ real-time billionaire list does not include Nakamoto. It was traced back to a post by Bitcoin Magazine editor Rizzo on social platform X yesterday.

Furthermore, upon closer inspection, it can be observed that Nakamoto’s picture is of a different size compared to the others, indicating that this ranking was likely edited by Rizzo himself.

If Nakamoto were indeed included in the Forbes’ global billionaire list, his assets surpassing $75 billion would even surpass Nvidia founder Huang Renxun (current assets approximately $75.2 billion), ranking him 20th on the list, surpassing wealthy individuals such as Alice Walton, the daughter of Walmart’s founder, and Zhong Shanshan, Chairman of China’s leading bottled water company, Nongfu Spring.

Read more:
What are the odds of cracking Nakamoto’s wallet? Can it make you a Bitcoin billionaire? Here’s the probability calculation.

Related reports:
Is Satoshi Nakamoto back? Spends £1.17 million to purchase 26.9 BTC from Binance and sends it to the Bitcoin genesis wallet.
The battle of the real Satoshi: nChain CEO resigns, Craig Wright is not Satoshi Nakamoto, and threatens to lose all legal battles.
Bitget celebrates the 15th anniversary of the Bitcoin whitepaper day, with “Satoshi Nakamoto” hitting the streets to give away BTC.

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