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

February 27 News, according to Forbes, secondary market trading indicates that stablecoin issuer Tether's valuation could be as high as $375 billion, which would place its owners among the world's wealthiest. Industry sources say that Tether's trading price range in the secondary market is between $350 billion and $375 billion. Based on conversations with cryptocurrency investors and executives, Forbes currently estimates Tether's valuation at around $200 billion, still far above the $50 billion valuation from a year ago.
With a $200 billion valuation, the CFO Giancarlo Devasini, holding approximately 44-45%, would have a net worth of about $89 billion. CEO Paolo Ardoino and former CEO Jean-Louis van der Velde each hold about 19%, with their net worth around $38 billion; Chief Legal Officer Stuart Hoegner holds about 12%, with a net worth close to $25 billion. If calculated at 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 richest people in the world, surpassing Warren Buffett's current net worth of $147.8 billion. $BNB
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