Bitcoin Creator Satoshi Nakamoto Becomes The World's 15th Richest Person

If you are an avid enthusiast of the trading world, there is no way you haven't heard of Satoshi Nakamoto - the pseudonym of the mysterious developer or developers of Bitcoin. According to The Independent, the creator is now the 15th richest person in the world.

Thanks to the value of the cryptocurrency skyrocketing over the last few years, their net worth is now reported to be an estimated $73 billion (Rs 54,000 crore).

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This development has come after it was announced earlier this month that the price of bitcoin hit a new all-time high of above $68,000 after a 300 per cent rise over the last year.

According to experts, in the coming weeks, one model has predicted that it could surpass $100,000 before the end of the year. If that happens, Nakamoto would be part of the top 10 wealthiest people in the world.

ET

Ever since Bitcoin's launch back in 2009, several people have claimed to be Nakamoto. However, the creator's true identity remains anonymous to this date.

Bitcoin was launched as ¡°peer-to-peer electronic cash system.¡± Nakamoto told the pseudonymous member of Metzdown.com¡¯s crypto mailing list, James A Donald that the proof of work chain was the solution to the aforementioned problem.

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Presently, Tesla and SpaceX founder and CEO Elon Musk tops the list of the richest people in the world with his net worth at $266.9 B, followed by $204.2 B, as listed by Forbes.

Warren Buffet is ranked at the tenth number while Facebook founder and CEO Mark Zuckerberg stands at number 7.

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