Bitcoin Creator Satoshi Nakamoto Is Now Richer Than Bill Gates—And Closing In on Buffett
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has become the 11th richest person in the world with a net worth exceeding $130 billion, largely due to a recent 14% increase in Bitcoin's price. This surge has allowed Nakamoto to surpass tech giants Bill Gates and Michael Dell. Currently valued at $118,912 per Bitcoin, the cryptocurrency has increased significantly since Warren Buffett characterized it as 'rat poison.' Nakamoto is $12 billion shy of Buffett, who has a net worth of $141 billion. Despite numerous theories about Nakamoto's identity, their Bitcoin wallets remain unactivated, leading to speculation about their current status. A Bitcoin Improvement Proposal has been introduced to address potential vulnerabilities from quantum computing, which could threaten Satoshi's holdings along with a substantial percentage of total Bitcoin. As this cryptocurrency market evolves, Satoshi's wealth and identity continue to spark significant interest and debate in the financial world.
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