Who is the richest Bitcoin owner in the world? Since it was first launched in 2009, at the time press market Bitcoin capitalization has reached more than $ 548 billion.
And the Bitcoin price had experienced a tremendous increase in late 2017 at $ 16,496 before the bubble burst. Bitcoin price fell again, to a low of $ 3,880. Since then the price has been fluctuating up and down again and has now reached a new high of $ 27,178.
Even though it is a risky asset, due to the volatile value of Bitcoin, this phenomenon has made some people rich from Bitcoin.
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Contents
Satoshi Nakamoto
The first name the richest Bitcoin owner is the person who created Bitcoin for the first time. Even though he only uses the pseudonym Satoshi Nakamoto is the richest Bitcoin owner.
Satoshi Nakamoto is a mysterious person, one statement reveals he is a Japanese person who was born on April 5, 1975. The media tried to reveal about Satoshi Nakamoto but nothing was successful.
Nakamoto owned about 1.1 million Bitcoin, based on the initial mining he did. According to Nakamoto’s Bitcoin report, most of his bitcoins have never been used. And do not convert them into real-world currency or use them for any other purpose.
If likely he sells all of his Bitcoin, the value of Bitcoin can drop quickly.
Trying to reveal about Satoshi Nakamoto there are three names that are thought to be Satoshi Namamoto, he is Dorian Nakamoto, Craig Wright, and Nick Szabo.
Dorian Nakamoto
News. bitcoin
In 2014 a columnist named Leah McGrath Goodman published a story entitled “The Face Behind Bitcoin”.
He stated that the inventor of Bitcoin was a retired man named Dorian Nakamoto. He recounted when he visited his home in California. In the discussion, Dorian stated that he was no longer involved in it.
Even though Dorian refuses that he was the inventor of Bitcoin but according to the implied “I am no longer involved in that and I cannot discuss it.”
That’s what makes Goodman think that the mysterious figure of Satoshi Nakamoto is Dorian Nakamoto. During two months of Goodman’s investigation, it was revealed that Satoshi Nakamoto was the birth name of Dorian Nakamoto.
Craig Wright
Investopedia
The second person suspected of being Satoshi Nakamoto is Craig Steven Wright. He is an Australian who specializes in computer security and lives in the UK.
The allegations first emerged in 2015. At that time, news emerged claiming that Craig Steven Wright was the person behind the pseudonym Satoshi Nakamoto, the inventor of Bitcoin.
Craig Steven Wright initially denied the allegation but eventually accepted this claim. In fact, he confirmed it openly, in court and elsewhere. However, many reject these claims and think that Craig Wright is a scam and BSV, the version of bitcoin that Craig Wright is currently endorsing, is considered a scam.
Nick Szabo
news.bitcoin
In the search for who is behind Satoshi Nakamoto, Nick Szabo’s name also appears as the person suspected to be behind the pseudonym, Satoshi Nakamoto.
What makes people think that Nick Szabo is Satoshi Nakamoto is his past contributions to the development of Bitcoin. He is an influential person providing input on the economy, digital currency, smart contracts and he is a computer engineer.
But maybe Nick Szabo is not Satoshi Nakamoto, because he himself published that he was not the inventor of Bitcoin as people think. Although in recent years Bitcoiner has successfully used the Satoshiness theory which was the idea of Nick Szabo.
Roger Keith Ver the richest Bitcoin owner
Wealthypersons
Roger Keith Ver, is a person who is very aggressively promoting Bitcoin, so he got the nickname “Bitcoin Jesus”. He is a man who was born in Silicon Valley, California on January 27, 1979. Roger Ver is one of the earliest people who invested in Bitcoin in 2011 ago. He invests through Bitinstant. It is estimated that he invested around millions of dollars divided on Bit play, Blockchain.info Kraken and Ripple.
He serves as the CEO of a company called MemoryDealers. Which is the first company to accept Bitcoin as payment. In 2013 he donated Bitcoin with a value equivalent to one million dollars to an educational foundation.
Roger Ver is also known as the founder of the bitcoin foundation, and in 2020 according to Fortune magazine that he was the one who made Bitcoin Cash.
By 2021 it is estimated that his wealth will reach $ 550 million, which if the value of Bitcoin is $ 10 000, his total wealth could reach hundreds of millions of dollars. And he is among the ranks of the top ten richest Bitcoin owner, which is believed to have over 100,000 bitcoins.
Tyler Winklevoss & Cameron Winklevoss
Lovemoney.
Tyler Winklevoss and Cameron Winklevoss are twins who were born in Southampton, New York, August 21, 1981. They are known as the Winklevoss twin. To be the third richest Bitcoin owner with the equivalent of $ 2 billion in wealth.
Most of this wealth came from Bitcoin investments, which he was among the early investors of Bitcoin.
What’s interesting about their Bitcoin investment is that the twins earned $ 65 million in Facebook shares, after being involved in a legal battle with Mark Zuckerberg and Facebook.
Winklevosses claim that Mark Zuckerberg “stole” their idea to create a social network. In the trial, twins gave convincing evidence, and ultimately won a settlement of $ 65 million in Facebook shares. Then the twins use the money to invest in Bitcoin and its become wise decision.
At this time it is estimated that the twin has bitcoins which are estimated to be about 1% of all Bitcoin in existence and have Bitcoin approximately 180,000 bitcoins.
The twins first invested their money of $ 11 million in 2013 and got 110,000 Bitcoin which at that time the price of 1 Bitcoin was equivalent to $ 100. In 2017, the value of Bitcoin was to $ 11,300, so that the twin became a billionaire who has a wealth equivalent to $ 1.2 billion.
Imagine now in early 2021 when the value of Bitcoin has reached $ 23,000, with Bitcoin ownership reaching 180 thousand Bitcoin.
Barry Silbert
Medium
The next richest Bitcoin owner is Barry Silbert, he was declared the 16th richest person in the world in 2019. He started his career with banker company Houlihan Lokey. In 2012 he started investing in several new startups, including in cryptocurrency. At that time Bitcoin was a startup in the new digital currency field.
In the history of his biography, he was recorded as a graduate of the Goizueta Business School of Emory in 1998. Prior to cryptocurrency investment, he had quite a long experience including being part of the Second Market. The Second Market is a private company that raises funds through complex transactions on the Wall Street exchange.
He started investing in cryptocurrency at a very low Bitcoin price in 2012, and besides that, he was fascinated by investing in Ethereum and saw its value increase by 90%.
Although it is not officially known, Barry Silbert is estimated to have a total net worth of over $ 500 million. Which is ranked 16th in Forbes magazine as the world’s richest person in cryptocurrency, he also earned the nickname of the king of crypto.
In his career spanning more than eighteen years, he is also known as the founder of the Digital Currency Group, and he is the CEO in the company.
Digital currency group
The Digital Currency Group was founded after Barry Silbert sold the Second Market to NASDAQ in 2015..Barry Silbert as CEO and co-founder of the Digital Currency Group, the company is backed up by most of the cryptocurrencies invested in various businesses such as BitPay, BitPesa, Civic, Ripple, Coinbase, and Kraken.
The company has largely made a large profit from cryptocurrency. Digital Currency Group focuses on cryptocurrency investment and has subsidiaries including Genesis, Grayscale, and Coindesk.
Cryptocurrency enthusiasts must have visited Coindesk which focuses on Blockchain news including Bitcoin and also provides data tools, price index, and product research related to cryptocurrency.
Tim Draper
Otakukart
Tim Cook Draper, or more people who know him merely Tim Draper, is a venture capital investor who was born on June 11, 1958, in California. But he also comes from a venture capitalist family, which is the third generation.
His father, William Henry Draper III, also owns the Draper & Johnson Investment Company which was founded in 1962 and is chairman and president of the Export-Import Bank of the United States.
While his grandfather was also a venture capitalist named William Henry Draper Jr. who is the founder of Draper, Gaither and Anderson in 1958.
Tim Draper’s total net worth is estimated at around one billion dollars, so he was named one of the richest Bitcoin owners because he got a lot of wealth from investing in cryptocurrency.
In his biography, he is a graduate of Stanford University where he majored in Electrical Engineering with BS at 1980. And completed his MBA at Harvard Business School in 1984.
Tim Draper Bitcoin investment
As a venture capitalist, he has a track record of investing in Hotmail, Twitter, Skype, Tesla, CoinBase, Twitch and Solar City.
He founded Draper Fisher Jurvetson which is a collaboration with two other partners in 1991. However, it was only in 2014 that the Draper Team invested in Bitcoin by buying 30 thousand Bitcoins at a price of 19 million US dollars.
Then he bought another 2000 Bitcoin at the current price of $ 400,000 USD on November 29, 2017. He made this decision because he predicted the value of Bitcoin would go up even higher in 2023 to reach $ 250,000 USD.
Valery Vavilov
Forbes
Furthermore, the person who is included as the richest Bitcoin owner is Valery Vavilov. He was a talented programmer. He was hurt by the collapse of the Soviet Union in 1991, and there were concerns that it might lose where money turned into paper and patents became useless.
This experience made him think of creating a decentralized framework that could preserve wealth. In 2011 he started Bitfury, which is a Bitcoin mining company. Miners use computer programs to solve complex math to confirm Bitcoin transactions. Miners earn Bitcoin rewards for every work they can complete. According to Vavilov Bitfury has generated Bitcoin rewards of 800,000 BTC.
From mining Bitcoin, he also grew his business. Besides the focus on the mining market, it also includes the sale of hardware, chip processors, and a product called Block box.
BlockBox is a mobile bitcoin mining machine. The price is over $ 1 million. Bitfury will reportedly generate $ 400 million in revenue in 2018.
Valery Vavilov net worth
In 2018 Valery Vavilov was included in the richest Bitcoin owner released by Forbes, with a net worth equivalent to $ 500 million to $ 700 million USD. If compare it to the current Bitcoin price of $ 33,632.14, Vavilov’s total wealth has reached 1 billion USD more.
Tony Gallippi
Thetalko
His full name is Anthony Gallipi but is also known as Tony Gallippi. He is the founder of Bitpay, based in Atlanta, Georgia, United States. Tony Gallipi’s net worth is estimated at 20 million USD and is one of the richest Bitcoin owners, all the result of the Bitpay company which is engaged in Bitcoin payments.
In his biography, he graduated with a major in Mechanical Engineering from Georgia Institute of Technology. He has twenty years of experience as a sales marketing robotic and financial industry.
Founder Bitpay 2011
In 2011 Tony Gallipi teamed up with Stephen Pair to establish the Bitpay company and he became Chairman of the company. Bitpay is serving Bitcoin payments and in 2013 became the largest Bitcoin currency processor.
In its first growth, Bitpay only reached a partnership with 100 merchants to 1,100 merchants. This was conveyed at a conference in Prague where Bitpay is one of the companies participating in the conference.
The results after the conference were later published in the news, making Bitpay’s user growth accelerate. Including WordPress and Woocommerce using their services.
Due to his accomplishments, he was invited by the US Senate in November 2013, to give a view on Bitcoin.
Gavin Andresen
Alapt
Gavin Andresen or also known as Gavin Bell is a software developer who was born on March 6, 1966, in Hampshire County, Massachusetts, United States.
He is generally known as a Bitcoin-enabled software developer that uses cryptography. His involvement in Bitcoin since 2010 was declared by Satoshi Nakamoto, and in 2012 he founded the Bitcoin Foundation, to support the development of Bitcoin.
He bought 10,000 Bitcoin for $ 50 and opened a site that gave free Bitcoin to site visitors. Bitcoin Faucet website is online until 2012. This is Gavin’s first Bitcoin-related project but definitely not the last.
To focus more on the Bitcoin Foundation left software development in 2014.
Founding ClearCoin and Vanishing Satoshi Nakamoto
In December 2010, Gavin introduced ClearCoin, a Bitcoin escrow service. Its aim is to provide users with both buyers and sellers with a platform, a stable platform on which they can transact securely.
But then Clearcoin closed in June 2011, only stating that the service would return in the future. On December 12, 2010, Satoshi posted his last message on the BitcoinTalk forum. A week later, in a discussion about the Bitcoin development process, Gavin wrote:
“With Satoshi’s blessing, and with great reluctance, I will start doing more active project management for Bitcoin.”
Several years after Satoshi Nakamoto’s disappearance from the public, everyone finally believed that Gavin had been given the position to replace Nakamoto given that he had the necessary technical knowledge.
He is now in charge of the maintenance and development of Bitcoin Core – the Bitcoin software client which was renamed so that it can be distinguished from the Bitcoin network.
Gavin Andresen net worth
Gavin Andresen has a net worth of 2 million USD, even in one report he received a payment of 200,000 million U.S dollars from the Bitcoin Foundation for his contribution to Bitcoin.
Brian Armstrong
The next name to become the richest Bitcoin owner is Brian Armstrong, a man who was born in San Jose, California on January 25, 1983. Maybe you already know about Coinbase, the leading exchange company in the Bitcoin industry.
Brian Armstrong is the chief executive of Coinbase, and co-founder of Coinbase in 2012, it is the leading exchange in America. Coinbase company is based in San Francisco, United States.
In his biography, Brian Armstrong received his Bachelor of Economics and Computer Science in 2001. Then he completed his Masters in Computer Science in 2006.
Coinbase received a $ 75 million investment in January 2015 then launched a US-based Bitcoin exchange called Coinbase Exchange. But then Brian Armstrong changed Coinbase to the Global Digital Asset Exchange in 2016.
In 2018 Coinbase raised $ 300 million led by Tiger Global, which has an estimated value of the company at $ 8 billion.
Brian Armstrong net worth
According to reports, Brian Armstrong’s net worth reached $ 1 billion USD in 2018, and now the value of Bitcoin has increased allowing his wealth to increase as well. He also plays a role as a philanthropist by launching GiveCrypto.org, to help poverty by transferring funds directly.
Wu Jihan
Ethereumworldnews
Jihan Wu, or Jihan Wu maybe you can guess which country this name comes from. That’s right, this name is synonymous with Chinese, and Jihan Wu is a Chinese citizen who is included as the richest Bitcoin owner. He is the co-founder of Bitmain.
Born in Chongqing, China, in 1986. He is one of the youngest as the richest Bitcoin owner. Jihan Wu founded Bitmain Technologies Ltd with Micree Zhan in 2013.
Bitmain is a company that produces cryptocurrency mining chips ASIC miner, it is the largest chip producer company where China is also the country with the largest cryptocurrency users in the world.
In the history of Jihan Wu’s biography, it is known that he is a graduate of economics and psychology from Peking University.
In an interview with Bloomberg in 2018, Bitmain booked revenue for $ 2.5 billion, with him and co-founder Micree Zhan holding 60% of the total business.
Wu Jihan career
In 2011 Wu worked as a financial analyst at a private equity firm. That he did after graduating from college. Then he found bitcoin that attracted him to invest. Then he collected 100,000 yuan from family and friends to buy 900 bitcoins.
His passion for cryptocurrency led him to establish China’s first Bitcoin community site with Chang Jia with the name Babite. His contributions to Bitcoin include translating Satoshi Nakamoto’s Bitcoin white paper into Chinese in late 2011.
Jihan Wu also tried to invest in Kaomao, which is a bitcoin mining hardware startup in 2012. Unfortunately, Kaomao then ran into technical difficulties and left the business so even though it was profitable initially he also lost his investment in other mines.
Its success started after co-founding Bitmain with microelectronics engineer Micree Zhan2013. The first-selling Bitmain product was the Antminer S1. Bitmain’s first mining rig. But it is known that 2019 he left Bitmain and launched Matrixport, a financial company for cryptocurrency.
Net worth
In 2018 it was reported that Jihan Wu’s net worth was $ 500 million, but now two years have passed that Jihan Wu’s fortune by Forbes was reported to be $ 1.8 billion USD.
Richest bitcoin owner in India
India is a country that has a large cryptocurrency growth rate so that the names of the richest Bitcoin owner in India have emerged. Who are they?
Akshay Haldipur
Akshay Haldipur is an Indian who is the owner of India’s top Bitcoin, currently holding 77 BTC. Not only investing in Bitcoin, but he is also expanding his investment in other cryptos such as Dash and Ripple.
Sanket Shah
He bought his first Bitcoin for $ 115. This means that he bought it at a low price, while currently, the value of Bitcoin has reached over $ 33,000.
Jugal Sampat
Jugal Sampat
It is one of the lucky Bitcoin buyers to get a low price. He bought his first Bitcoin from the Mt Gox exchange in March 2013 for $ 80. After a week the price jumped and he made a profit of $ 35, and made him more interested in Bitcoin, and tried to mine at home to get money from Bitcoin mining.
Ankesh Kothari
He is an entrepreneur and got his first Bitcoin as a payment from one of his clients in 2012. Then a Russian offered him Bitcoin to get cash in Pune which earned him more Bitcoin. He further bought shares of the China-based company ASIC Miner to ensure a steady flow of Bitcoin.
Amit Bhardwaj
This name might make you angry because it scammed around 8,000 investors massive amount of their money. It is allegedly a tiered marketing scheme. It is often called a Ponzi scheme using Gain Bitcoin.
The richest bitcoin trader in Nigeria
Gaius Chebueze is a well-known cryptocurrency investor in Africa, he has a big influence on the cryptocurrency ecosystem. And become Binance’s top trader in 2019.
It shows that being a top trader invests large amounts of money. Even though the government still prohibits Bitcoin trading. It seems that Gaius is excited to trade from home and make more Bitcoin.
According to one report Gaius uses to buy cryptocurrency without using the margin trading that the exchange offers but buys it at 100% on the spot market.
In one interview he stated that he wanted to become a profitable Bitcoin trader by 2025.
Bottom line
Even though some investors may have fallen during the bubble in 2018. Crypto enthusiasts are still chasing Bitcoin and because it offers it as inflation-resistant digital money. It has caused prices to jump again recently. The only thing to watch out for is when prices are vulnerable to falling back.
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1 comment
Elon Musk has really been tweeting about Bitcoin. He’s been tweeting about Tesla’s BTC investments. I have a lot invested through Coinbase. He really needs to stop messing with the market.