Who personally owns the most Bitcoin?
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoins, with estimates suggesting over 1 million BTC mined in the early days of the network.
As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.
For the third year running, Changpeng Zhao, founder and former CEO of crypto exchange Binance, is crypto's wealthiest person.
Satoshi Nakamoto (~1.1 million BTC)
It's unsurprising that the pseudonymous creator of Bitcoin, Satoshi Nakamoto, remains the largest holder of the cryptocurrency. It's estimated they hold an astonishing fortune of around 1.1 million BTC.
The legend of Satoshi Nakamoto, the anonymous bitcoin founder, is a mystery built for the digital age. His true identity has become mythologized, and while no one knows who he is, he's become a symbol of a new era of freedom in finance and technology.
How many people own 1 full Bitcoin? According to the blockchain analysis platform BitInfoCharts, more than 1 million wallet addresses hold at least 1 BTC.
In 2017, Taihuttu, his wife, and three daughters liquidated all they owned, trading a 2,500-square-foot house and virtually all their earthly possessions for bitcoin and a life on the road. This was back when the price of bitcoin was around $900. Bitcoin is currently trading around $19,200.
Up a level, there are 182 centi-millionaires, holding at least $100 million in cryptos, and there are 22 crypto billionaires. Bitcoin accounts for more than half of crypto-millionaires fortunes while 72 of the centi-millionaires and six of the crypto-billionaires made their fortunes from trading Bitcoin.
Most people don't own any. There are (right as this moment) just under 19,000,000 BTC in existence. There are around 330,000,000 USA citizens and around 7,500,000,000 people in the world. That works out to less than 0.06 bitcoin per person in the USA and about 0.0025 bitcoin per human.
Out of all 425 million crypto users, just 22 are crypto billionaires. There are 182 crypto centimillionaires. And there are 88,200 crypto millionaires.
How much Bitcoin is left?
How Many Bitcoins Have Been Mined as of the First-Half 2022? The majority of bitcoins have already been mined. As of June 2022, 19.07 million bitcoins were mined, leaving only 1.93 million left to be mined.
Limited supply is one of bitcoin's key features. Only 21 million bitcoins will ever exist, and more than 19.5 million of them have already been mined, leaving fewer than 1.5 million left to pull from.
Ethereum pre-sale investor Rain Lohmus owns the most ETH among all individual holders, with 250K ETH (>$660M) held in a wallet that is inaccessible to him. Ethereum Cofounder Vitalik Buterin is the next largest individual holder with 245K ETH ($650M) - he still has access to his holdings.
In terms of what the Bible says about it, obviously there aren't any specific scriptures about cryptocurrency.
Denominations | |
---|---|
Initial release | 0.1.0 / 9 January 2009 |
Latest release | 25.1 / 19 October 2023 |
Code repository | github.com/bitcoin/bitcoin |
Development status | Active |
But there are some compelling theories for who Satoshi really is — and who might control the 1.1 million bitcoin in known Satoshi wallets. If Satoshi is alive and in control of his keys, then he has access to holdings worth around $70 billion at today's prices.
In 2020, the number of wallets – defined as a set of blockchain addresses controlled by a single entity – holding at least 1,000 bitcoins has increased by 302 (17%) and is now at a record high of 2,052, according to Philip Gradwell, economist at Chainalysis.
Bitcoin ownership is widely distributed across a variety of groups. 74% of Bitcoin owners hold less than around 0.01 worth of Bitcoin (~$350 as of November 6th, 2023).
One in Four Americans Own Bitcoin: Unchained Study.
Bitcoin has made many millionaires already, and you could be one, too. Over the course of its 15-year history, Bitcoin (CRYPTO: BTC) has made plenty of millionaires. In fact, data from the blockchain analytics platform Glassnode shows roughly 115,000 wallet addresses with a balance of more than $1 million today.
Are there millionaires from Bitcoin?
Bitcoin's stratospheric rise since 2009 has created a surprising and diverse set of millionaires (and billionaires). But who owns the most bitcoin? It is tough to say who owns the most bitcoin, as wallet addresses are anonymous if they are not associated with the account owner's name.
The Taihuttus liquidated their assets in 2016 and now spread their cryptocurrency portfolio across secret vaults on four continents. In 2016, Dutch national Didi Taihuttu, his wife and three daughters sold everything they owned to invest in Bitcoin when it was trading at only $900.
Bitcoin could do more than double, to about $1 00,000 per coin during the next Bull Run. Also there are many alt coins expected to rise exponentially by 2025. These crypto-currencies that make them attractive investments.
Current predictions call for Bitcoin to hit a price of $1 million by the year 2030. Even with Bitcoin soaring in price to $1 million, the likelihood of becoming a crypto billionaire with a very modest investment is quite small.
Zhao was followed by FTX founder and CEO Sam Bankman-Fried, who lost a reported 23 billion dollars in only three weeks prior to his arrest over conspiracy and fraud charges in late 2022. Despite his losses, Zhao was still the wealthiest individual in the crypto world as of December 2022.