
The Man Who Vanished In 2011 Is Now World's 12th Richest, Holds Rs 11 Lakh Crore In Bitcoin
Nakamoto was active online until 2011, then vanished. A NY Post report claims he is a 37-year-old Japanese man, but his activity timings suggest he may be based in the UK
The mystery surrounding the identity of Bitcoin's creator has once again stirred global curiosity. Satoshi Nakamoto, the elusive figure credited with inventing the world's first cryptocurrency, remains shrouded in secrecy, with no definitive proof of whether the name represents a real individual or a group. Yet, despite the anonymity, Nakamoto has now been ranked the 12th richest entity in the world, with assets exceeding $128 billion, thanks to Bitcoin's meteoric rise.
Satoshi Nakamoto is credited with publishing Bitcoin's white paper in 2008 and mining the first Bitcoin block in 2009.
Now, nearly a decade and a half since Bitcoin's launch, Satoshi Nakamoto has become the 12th richest person in the world, with an estimated net worth of $128.92 billion (over Rs 11 lakh crore). According to crypto exchange Bitstamp, Nakamoto is believed to own around 10.96 lakh bitcoins, surpassing even Michael Dell's net worth of $124.8 billion.
Various names have been linked to Nakamoto, including software developer Hal Finney, computer scientist Nick Szabo, entrepreneur Elon Musk, and former Twitter CEO Jack Dorsey, all of whom have denied being Bitcoin's creator.
Craig Wright, an Australian computer scientist, is the only person to have repeatedly claimed to be Nakamoto. However, a UK court sentenced him to 12 months in prison in 2024, calling him a liar and accusing him of 'legal terrorism" for his persistent falsehoods. His sentence is currently suspended, but he faces imprisonment if he repeats such claims.
Money Electric: The Bitcoin Mystery ' explored the enigma. At one point, filmmaker Cullen Hoback suggested that a man named Peter K. Todd might be the creator, but Todd denied any involvement.
Nakamoto was active online until 2011, after which he disappeared from public view. A New York Post report suggests Nakamoto might be a 37-year-old Japanese man, although the timing of his online activities aligns with UK daylight hours. Analysis of Bitcoin's code indicates he was proficient in the C++ programming language.
Author Benjamin Wallace, in his book ' The Mysterious Mr Nakamoto: A Fifteen-Year Quest to Unmask the Secret Genius Behind Crypto ' published in March 2025, describes Nakamoto as 'an elusive figure who may or may not exist." Regardless of Nakamoto's true identity, their name now shines in the list of the world's wealthiest individuals, adding an intriguing layer to the fascinating story of Bitcoin.
view comments
First Published:
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
24 minutes ago
- Hans India
Air India crash rekindles debate over cockpit cameras
New Delhi: The deadly Air India crash last month has renewed a decades-old debate in the aviation industry over installing video cameras monitoring airline pilot actions to complement the cockpit voice and flight data recorders already used by accident investigators. One of the industry's most influential voices, International Air Transport Association head Willie Walsh, a former airline pilot, said on Wednesday in Singapore there was a strong argument for video cameras to be installed in airliner cockpits to monitor pilot actions to complement voice and flight data recorders already used by accident investigators. Aviation experts have said a preliminary report from India's Aircraft Accident Investigation Bureau (AAIB) raised questions over whether one of the pilots of Air India flight 171 cut off fuel to the Boeing 787's engines seconds after takeoff, leading to an irrecoverable situation. The crash in Ahmedabad, India, killed 241 of the 242 people aboard, as well as 19 people on the ground. As of now, "based on what little we know now, it's quite possible that a video recording, in addition to the voice recording would significantly assist the investigators in conducting that investigation on the issue of mental health," Walsh said. Advocates for cockpit video cameras say the footage could fill in gaps left by the audio and data recorders, while opponents say concerns about privacy and misuse outweigh what they argue are marginal benefits for investigations. Video footage was "invaluable" to Australian crash investigators determining what led to Robinson R66 helicopter breaking up in mid-air in 2023, killing the pilot, the only person aboard, according to the Australian Transport Safety Bureau's final report, which was released 18 days after the Air India crash.


Indian Express
24 minutes ago
- Indian Express
‘Extortion calls made from Bathinda jail's landline': Gangster Goru Bacha booked
Ludhiana Police booked notorious gangster Gaurav Sharma alias Goru Bacha, currently lodged in Bathinda Jail, for allegedly making extortion calls to a Ludhiana-based financier, allegedly using the jail's landline facility provided to inmates. The victim, Gagandeep Singh, a resident of Basant Avenue in Dugri, Ludhiana, filed a complaint alleging receiving repeated threats and extortion demands over the past few weeks. He also submitted audio recordings of the calls in which Goru is allegedly demanding amounts ranging from Rs 10 to 50 lakh. He also allegedly threatened to kill the victim if he failed to pay. An FIR under has been registered under the sections 380(5) (extortion) and 351(2) (criminal intimidation) of the BNS at Dugri police station against the jailed gangster. ADCP Karanveer Singh said, 'Gaurav Sharma alias Goru Bacha has made repeated extortion calls to the complainant from the landline of Bathinda jail. The victim has submitted multiple call recordings as evidence.' According to the police, earlier Gagandeep had monetary dealings with Goru, and had once sought the gangster's 'assistance' to settle a financial dispute. However, relations soured later. Police said that a production warrant will be sought to bring Goru to Ludhiana for questioning. Meanwhile, Bathinda Jail authorities have been alerted about the misuse of the landline phone facility, said police.
&w=3840&q=100)

Business Standard
24 minutes ago
- Business Standard
Tier II boost: Godrej buys 50 acres in Raipur for premium plotted project
Godrej Properties Ltd. (GPL), one of India's top real estate developers, on Wednesday announced its maiden foray into Chhattisgarh's capital city, Raipur, through the acquisition of approximately 50 acres of land. The project, located off Old Dhamtari Road. The project, slated to launch in early 2026, will feature a premium plotted residential development spanning an estimated 9.5 lakh sq. ft. of saleable area. This move marks Godrej's continued focus on scaling its presence in Tier II growth corridors through plotted developments—an asset class increasingly preferred by both homebuyers and long-term investors for its flexibility, faster turnaround time, and appreciation potential. Why Raipur, and Why Now? Raipur—Chhattisgarh's capital—is emerging as a key real estate hotspot, backed by infrastructure investments and rising middle-class aspirations. The site's location near Old Dhamtari Road offers excellent connectivity to Central Raipur, the airport, and railway station. It also benefits from proximity to the Atal Path (Raipur–Naya Raipur Expressway) and upcoming Raipur–Hyderabad and Raipur–Visakhapatnam corridors— 'There's a clear shift toward Tier II and III cities as engines of real estate growth. Locations like Raipur now offer the perfect blend of infrastructure readiness, rising disposable incomes, and demand for secure land-based assets,' said Gaurav Pandey, MD & CEO, Godrej Properties. The Raipur project is part of Godrej's broader land acquisition spree in emerging regions. The company is expected to announce more plotted townships in markets like Nagpur, Bhubaneswar, and Jaipur in the coming quarters. Recently, Godrej Properties acquired a licensed land in Panipat for Rs 600 crore, which is spread over 40 acres and has a potential developable area of 3 million sq ft. In June, Godrej Properties acquired and will develop a 16-acre land parcel in Upper Kharadi, Pune. Development on the land will primarily comprise premium group housing and high-street retail. The project will have a developable potential of around 2.5 million square feet with an estimated revenue potential of Rs 3,100 crore. Investment Case for Plotted Developments The Raipur project aligns with Godrej's strategy of leveraging early-mover advantage in Tier II cities through plotted layouts. Plots offer several financial upsides: Lower entry cost compared to metros Flexible build timelines, lowering capital lock-in Independent asset ownership, attractive for inheritance and resale Faster approvals and execution, enabling quicker monetisation As previously reported by Business Standard, developers including DLF, Birla Estates, and Puravankara are aggressively chasing similar formats in cities such as Coimbatore, Indore, and Mysuru—capitalising on a ₹10-lakh-crore real estate opportunity predicted for non-metros by 2030. Project: Godrej Plotted Development, Raipur Location: Old Dhamtari Road (proximity to Atal Path) Size: ~50 acres | 9.5 lakh sq. ft. saleable area Launch timeline: Likely early 2026