Satoshi Nakamoto could be the 10th richest person in the world soon

The price increase in Bitcoin (BTC) above the USD 120,000 made Satoshi Nakamoto, the creator of this currency, is about to become the tenth wealthiest person on the planet, since his fortune already exceeds USD 130,000 million.

With 1.09 million BTC awarded to Nakamoto, currently the value of its holdings is USD 133,439 million at the current price of Bitcoin.

This puts Nakamoto just below Sergey Brin, entrepreneur and founder of Google, whose fortune amounts to USD 142.3 billion, according to Forbes magazine.

If the upward trend and if BTC reaches USD 129,700, Nakamoto will become the 10th richest person in the world. This, competing with other magnates like Warren Buffet, whose heritage also exceeds USD 142,000 million.

Currently, Elon Musk, the CEO of Tesla, Spacex and owner of the social network X, is the wealthiest person in the world. Its fortune exceeds the USD 400,000 million, a figure that is well above the heritage of Larry Ellison, the previous executive director of Oracle.

This image shows the top 10 of the world’s largest billionaires:

For Satoshi Nakamoto to overcome Musk in heritage, Bitcoin must continue to rise and exceed $ 365,000. In this way, the creator of the most important decentralized protocol in the world It would have a fortune greater than USD 400,000 million.

As Cryptonoticias reported, Bitcoin broke the USD 120,000 barrier and this Monday, July 14, the price of the currency marked a new historical maximum of USD 123,000.

A generalized optimistic feeling, as well as the growing institutional adoption, have been the key factors that have pushed the price of BTC, which has increased 30% since it started the year.

After exceeding the USD 120,000 barrier, Bitcoin market capitalization increased to 2,426 billion dollars, thus becoming the fifth most valuable asset in the world and surpassing Amazon, the electronic commerce company of the magnate Jeff Jeff Bezos.