Who are the richest bitcoin millionaires?

Curiosity about the identities of the richest Bitcoin millionaires rises every time the price of the digital currency jumps higher.

Bitcoin millionairesThis year alone has brought staggering boosts in wealth for those Bitcoin owners. A person who owns 1,000 bitcoins becomes $100,000 wealthier every time the Bitcoin pricegoes up just $100. The price of Bitcoin has soared more than $1,500 higher this year.

That means a Bitcoin millionaire holding 1,000 bitcoins has enjoyed a $1.5 million gain in less than six months.

But Bitcoin millionaires aren't as common as you might think, given its huge gains.

At the current Bitcoin price of about $2,500, a person needs 400 bitcoins to qualify as a Bitcoin millionaire.

According to BitInfoCharts.com, just over 4,300 Bitcoin addresses hold 400 or more bitcoins. But since one person can have multiple Bitcoin addresses, the actual number of Bitcoin millionaires is certainly much lower than 4,300.

It's impossible to calculate the exact number of Bitcoin millionaires, or to even know how many bitcoins one person may own. The reason is that while all Bitcoin addresses are public, who owns them isn't.

What we do know is that Bitcoin wealth is extremely concentrated. Almost two-thirds of all bitcoins are held in just 0.01% of the addresses (those containing 100 or more bitcoins). And an astonishing 89.4% of all bitcoins are held in 0.8% of the addresses (those containing 10 or more bitcoins).

Bitcoin Amount % of Addresses (total) % of Bitcoins (Total)
0 – 0.001 58.08% (100%) 0.01% (100%)
0.001 – 0.01 17.16% (41.92%) 0.07% (99.99%)
0.01 – 0.1 14.9% (24.76%) 0.52% (99.91%)
0.1 – 1 6.62% (9.86%) 2.42% (99.39%)
1 – 10 2.44% (3.24%) 7.56% (96.97%)
10 – 100 0.7% (0.8%) 26.27% (89.41%)
100 – 1,000 0.09% (0.1%) 22.92% (63.15%)
1,000 – 10,000 0.01% (0.01%) 21.69% (40.23%)
10,000 – 100,000 0% (0%) 17.08% (18.54%)
100,000 – 1,000,000 0% (0%) 1.46% (1.46%)

Of course, since these Bitcoin addresses aren't linked to the owner names, there's no way to create a comprehensive list of Bitcoin millionaires.

On the other hand, we do know of a handful of prominent people who most definitely are Bitcoin millionaires…