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With bitcoin at $60k, Satoshi Nakamoto is one of the 20 richest people in the world

The true identity of Satoshi Nakamoto is unknown, but he/she is credited as the person who first developed Bitcoin. Satoshi Nakamoto’s net worth would be derived from the 980,000 bitcoins he/she is estimated to own. These coins are likely to have been obtained from mining the twelve-year-old cryptocurrency early on. The funds have stayed untouched for years.

In October 2017, Satoshi Nakamoto was ranked 247th on the Forbes rich list with an estimated fortune of $5.9 billion. That was when bitcoin set a then-new record of $6,000 a coin, about a tenth of where it’s trading today.

A month ago when BTC was trading at $48,000 Satoshi was one of the 30 richest people in the world. And now that it’s trading at approximately $60,000 Satoshi is among the 20 richest people in the world with an estimated networth of approximately $59 billion.

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