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Satoshi Nakamoto surpasses Bill Gates and becomes the 12th richest person in the world

According to data from the analysis firm Arkham, Satoshi Nakamoto has 1.1 million BTC spread across 22 thousand addresses on the blockchain

Fernando Martines

Dec 17, 2024 4:14 PM

#TopCoinsSeptember2024 #TopCoinsSeptember $BTC $ETH Statue of the mysterious founder of Bitcoin, Satoshi Nakamoto, installed in Budapest, Hungary (Photo: Shutterstock)

With Bitcoin worth US$ 107 thousand per unit this Tuesday (17), Satoshi Nakamoto surpassed Bill Gates and three other people on the list Forbes' list of the world's richest people. The anonymous creator of the world's largest cryptocurrency now has the equivalent of US$117 billion in BTC and is the 12th richest person in the world.

According to data from the analysis firm Arkham, Satoshi Nakamoto has 1.1 million Bitcoin spread across 22 thousand blockchain addresses. The amount was formed through mining between 2009 and 2011, and at the beginning of the network, the creator of Bitcoin was the only validator, earning all the network's rewards.