Tether's secondary market valuation could reach up to $375 billion, with the largest shareholder's net worth potentially surpassing Buffett

ZkProver · 2026-02-27T12:01:46+00:00

Forbes reports that the valuation of stablecoin issuer Tether could be as high as $375 billion, significantly higher than $50 billion a year ago. The wealth of key shareholders such as the CFO has also increased substantially and may rank among the global billionaires.

ZkProver

2026-02-27 12:01:46

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ChainCatcher reports that, according to Forbes, the valuation of stablecoin issuer Tether could be as high as $375 billion, which would place its owners among the wealthiest in the world.

Industry sources say that Tether’s trading price in the secondary market ranges from $350 billion to $375 billion. Based on conversations with cryptocurrency investors and executives, Forbes currently estimates Tether’s valuation at around $200 billion, still significantly higher than the $50 billion valuation a year ago. At a $200 billion valuation, the CFO Giancarlo Devasini, who owns about 44-45%, would have a net worth of approximately $89 billion. CEO Paolo Ardoino and former CEO Jean-Louis van der Velde each hold about 19%, with personal fortunes of around $38 billion; Chief Legal Officer Stuart Hoegner owns about 12%, with a net worth close to $25 billion.

Using the lower end of the secondary market valuation of $350 billion, Devasini’s stake would be worth over $156 billion, enough to rank among the top ten wealthiest individuals globally, surpassing Warren Buffett’s current net worth of $147.8 billion.

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