Fun

Bitcoin’s Creator vs. Bezos: Satoshi Nakamoto’s Uphill Climb to Surpass the Amazon Founder’s Net Worth

News Feed - 2020-10-17 11:10:21

Bitcoin’s Creator vs. Bezos: Satoshi Nakamoto’s Uphill Climb to Surpass the Amazon Founder’s Net Worth


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 in 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 Silk Road Balance Sheet Discrepancy: Bitcoin Worth $4.8 Billion Still Missing FEATURED | 5 days ago Stacking Satoshis: Leveraging Defi Applications to Earn More Bitcoin FEATURED | Oct 2, 2020 Tags in this story 1.1 Million BTC, 157th Richest, Amazon, Amazon Founder, bill gates, Bitcoin, Bitcoin"s Creator, Bitcoin"s Inventor, BTC, BTC exchange rates, Cryptocurrency, Hui Wing Mau, jeff bezos, Mark Zuckerberg, Satoshi Nakamoto, Satoshi"s Stash, Wang Laichun, Wang Laisheng, Wealthiest Person, World"s Richest


Image Credits: Shutterstock, Pixabay, Wiki Commons, Forbes, Billionaire Tracker, Purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here. Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

News Feed

Report: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations
Report: Bankrupt Crypto Hedge Fund Three Arrows Capital Probed by SEC, CFTC for Possible Legal Violations Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital
Credit Agency Moody’s Looks to Hire Crypto Analyst, Strong Understanding of Defi Important
Credit Agency Moody"s Looks to Hire Crypto Analyst, Strong Understanding of Defi Important One of the Big Three credit rating agencies, Moody’s Corporation, often referred t
Janet Yellen Stresses Importance of Crypto Regulation, Making Sure Bitcoin Is Not Used in Illicit Transactions
Janet Yellen Stresses Importance of Crypto Regulation, Making Sure Bitcoin Is Not Used in Illicit Transactions U.S. Treasury Secretary Janet Yellen has reaffirme
Bitcoin Loss Holders Highest Since October As BTC Crashes To $87,000
Este artículo también está disponible en español. On-chain data shows the number of Bitcoin loss addresses has shot up following the cryptocurrency’s dive toward $8
David Attlee13 hours agoKorean banks research stablecoin, CBDC alternativeHana Bank plans to research certificates of deposit tokens, while Woori Bank’s research department has recently released a report on the tokens.
BTC price nears $67K as new GBTC Bitcoin outflows pass $550M
William Suberg8 hours agoBTC price nears $67K as new GBTC Bitcoin outflows pass $550MBitcoin price advances like a steamroller toward all-time highs despite a fresh rebound in GBTC outflows.8697 Total views53 Total share
Australia poised for ‘inflection point’ of crypto demand — Kraken Aus CEO
Tom Mitchelhill2 hours agoAustralia poised for ‘inflection point’ of crypto demand — Kraken Aus CEOKraken Australia CEO Jonathan Miller said institutional crypto demand is lagging in Australia, but stablecoins and
Fiat Money Outpaces Bitcoin 800:1 for Money Laundering: Report
  Recent research published by Messari revealed that bitcoin (BTC) is not at all the financial threat that some critics claim. Messari sa
Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold
Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold Christopher Wood, the global head of equity at Jefferies, a
12 Crypto Firms Authorized to Operate License-Free in Hawaii for Two Years
12 Crypto Firms Authorized to Operate License-Free in Hawaii for Two YearsThe U.S. state of Hawaii has authorized 12 cryptocurrency companies to start operating in the state without
RenQ Finance Raises Nearly $1 Million in 24 Hours as Stage 4 Completes
RenQ Finance Raises Nearly $1 Million in 24 Hours as Stage 4 Completes press release PRESS RELEASE.After RenQ Finance achieved remarkable success by completing stage 4, they generat
Arijit Sarkar11 hours agoOnyx Protocol exploiter begins siphoning $2.1M loot on Tornado CashThe bug the Onyx Protocol hacker exploited to steal $2.1 million was previously used by a hacker to extort $7 million from Hundr