Giancarlo Devasini
$9.2B
as of 07/05/24
About Giancarlo Devasini
Giancarlo Devasini is the chief financial officer, and likely the biggest shareholder, of Tether, the largest issuer of crypto stablecoins.
More than 100 billion Tether tokens have been minted. Buoyed by higher interest rates, Tether generated $6.2 billion in profit in 2023 from the interest it generates on customers' collateral.
Devasini owns an estimated 47% stake in Tether, which Forbes values by applying the average price-to-earnings multiples of a group of publicly traded mid-tier banks and asset managers.
Personal stats
Citizenship
ItalySource of wealth
CryptocurrencyResidence
Roquebrune-Cap-Martin, FranceBirth date
04/30/64 (age 60)Self-made
self-madeGiancarlo Devasini’s fortune is worth
153K
troy ounces of gold
142K
median U.S. household
92K
median U.S. income
0.184%
U.S. credit card volume
0.037%
GDP of the United States
0.027%
United States debt
Net worth over time
Real-time ranking
Images © Forbes.com. All rights reserved.