2020-10-18 17:30 |
Jeff Bezos is the world’s richest man, but someday if bitcoin crosses a certain valuation then Satoshi Nakamoto will be the wealthiest if he/she or they are still alive. Today, Satoshi Nakamoto, is the 157th richest person worldwide, and the crypto asset will have to cross six digits in order to surpass the Amazon founder’s net worth.
In 2020, the founder of Amazon has a whopping 175 billion and he’s currently the richest person on earth today. According to the real-time billionaires’ tracker, a data set that measures the net worth of individuals and families with great wealth, Bernard Arnault and his family hold $122 billion.
These two top billionaires are followed by Bill Gates ($118B), Mark Zuckerberg ($98B), Elon Musk ($93B), and Mukesh Ambani ($83B). Now over the last two decades, the world’s richest people have changed positions frequently and in the future, Bitcoin’s creator could join the mega-elite.
It is estimated that Satoshi Nakamoto holds around 1.1 million BTC ($12.45B) from the period in time where the inventor kickstarted the network and mined coins with the community. Presently, at current BTC exchange rates, Satoshi would be the 157th richest person in the world, if the infamous creator still exists.
This means Satoshi is wealthier than the electronics billionaire from China, Wang Laisheng, with his $12.4 billion. Nakamoto is also richer than the billionaires’ Wang Laichun and Hui Wing Mau according to today’s statistics.
In order for Satoshi Nakamoto to outpace Jeff Bezos, the crypto asset will have to surpass six digits for sure. Calculations show that bitcoin (BTC) will have to rise above $160,000 per coin for Satoshi’s wealth to exceed the current Bezos’ stash.
At $160k per coin, Nakamoto would have a grand total of $176 billion worth of BTC. This does not account for the bitcoin cash (BCH) and bitcoinsv (BSV) Nakamoto owns as well.
At $11,360 per BTC today, the crypto asset will have to gain 1308% in value to reach the $160,000 price range. Moreover, with around 18.5 million BTC in circulation, the market cap would be worth approximately two trillion nine hundred sixty billion if bitcoin (BTC) was $160k per coin.
It’s safe to say that Jeff Bezos will accumulate more money, as he has capitalized a great deal in 2020. However, his top position at being the wealthiest person alive will not last forever and someone else could take the spot. The chances of Bitcoin’s anonymous inventor(s) taking the top spot as the world’s wealthiest is an intriguing possibility.
Even though Nakamoto is around 156 people away from Bezos, there could be a day where the two net worths come extremely close and collide. This of course could only happen if BTC happened to go ballistic in value and follows some of the predicted targets crypto luminaries like to forecast.
What do you think about Satoshi Nakamoto surpassing Jeff Bezos someday? Let us know what you think about this subject in the comments section below.
The post Bitcoin’s Creator vs. Bezos: Satoshi Nakamoto’s Uphill Climb to Surpass the Amazon Founder’s Net Worth appeared first on Bitcoin News.
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