Satoshi Nakamoto surpasses Michael Dell and approaches Buffett in the billionaire rankings
- Satoshi Nakamoto advances among global billionaires
- Bitcoin's appreciation boosts estimated fortune
- Digital asset surpasses silver and Alphabet in value
With Bitcoin trading at $118.978 on Monday (13), accumulating a 1,5% increase on the day, the cryptocurrency's creator, Satoshi Nakamoto, rose another position on the global billionaires list. Nakamoto now occupies 11th place in the ranking, surpassing Dell founder Michael Dell.
Nakamoto's fortune is estimated based on the more than one million bitcoins presumably stored in wallets associated with the blockchain's earliest blocks. Although his identity remains shrouded in mystery, the continued rise in the cryptocurrency's price automatically increases his estimated net worth.
JUST IN: SATOSHI NAKAMOTO IS ABOUT TO PASS WARREN BUFFETT TO BECOME THE 10TH WEALTHIEST PERSON IN THE WORLD
HE CALLED the #BITCO RIGHT POISON. WHO'S LAUGHING NOW? 🤣 pic.twitter.com/uslrWP6FW0
— The Bitcoin Historian (@pete_rizzo_) July 12, 2025
In the ranking, Warren Buffett ranks 10th, just ahead of Nakamoto. This prominence is especially relevant given Buffett's history of criticizing Bitcoin, considering it to have no intrinsic value. The discrepancy between Buffett's opinion and Bitcoin's success has sparked a range of reactions on social media.
This news highlights Bitcoin's growing relevance in the global financial landscape, demonstrating how Nakamoto, despite being anonymous, is gaining prominence as the cryptocurrency gains a prominent place among the world's largest assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
South Korea’s FSC nominee throws ‘volatile’ crypto under the bus
Share link:In this post: Lee Eok-won, the nominee for the Financial Services Commission chair, declared his first public stance on virtual assets. Lee believes the youth demographic is increasingly drawn to crypto investments, which could lead to significant financial losses due to their volatile nature. The industry has responded to his stance with ire, as many think it spells doom for the future of crypto in the country.
California’s $4 trillion economy at risk amid immigration crackdown
Share link:In this post: A study warns that stricter immigration enforcement could cost California up to $278 billion in GDP. California’s $49 billion agriculture industry employs a large share of immigrant labor. More than 60% of California’s construction workforce is foreign-born.
EU commits to signal jamming tech after Russia disrupts EU president’s travel plans
Share link:In this post: Russia became the suspect after Von der Leyen’s plane was disrupted by GPS jamming in Bulgaria. GPS interference has surged across Europe since the Ukraine war, affecting flights, ships, and communications beyond border regions. The union will deploy new low Earth orbit satellites and strengthen its own GPS system to counter electronic warfare.
El Salvador to host world’s first government-backed Bitcoin conference
Share link:In this post: El Salvador will host the world’s first government-backed Bitcoin conference in November 2025. The El Salvador event will feature workshops, keynote addresses, and top industry speakers worldwide. Bitcoin is recovering above $109K as investors watch for a possible US Fed rate cut.
Trending news
MoreCrypto prices
More
