Satoshi Nakamoto, the mysterious creator of Bitcoin, has surpassed Bill Gates in net worth, with an estimated fortune of $116.7 billion.

 

This significant milestone is due to the surge in Bitcoin's value, which has rallied past $106,000. Nakamoto's wallet, believed to hold around 1.1 million BTC, has never been touched or sold, and its current value places him among the wealthiest individuals globally.

*Key Details:*

- *Nakamoto's Net Worth:* Estimated to be over $116.7 billion, surpassing Bill Gates' $116.2 billion fortune.

- *Bitcoin Holdings:* Nakamoto's wallet is believed to hold approximately 1.1 million BTC, valued at over $120 billion.

- *Potential Future Net Worth:* If Bitcoin reaches $200,000, Nakamoto's net worth could surge to $219 billion, potentially making him the world's second-richest individual after Elon Musk.

*Implications:*

- *Financial Hierarchies:* The rise of cryptocurrency is redefining traditional financial hierarchies, allowing pseudonymous figures like Nakamoto to accumulate vast wealth.

- *Market Impact:* If Nakamoto were to sell his Bitcoin holdings, it could trigger a supply shock, potentially causing prices to drop below $70,000.