Giancarlo Devasini
| Net worth | $89.3 billion Forbes 2026 list, March 24, 2026[1] |
|---|---|
| World rank | 22nd (Forbes 2026)[1] |
| Source of wealth | Cryptocurrency (Tether, Bitfinex) |
| Companies | Tether (co-owner, about 45%); Bitfinex (chief financial officer) |
| Citizenship | Italy |
| Born | 1964, Turin, Italy |
| Education | University of Milan (medicine, 1990) |
| Known for | Richest person in Italy; Tether stablecoin |
| Net worth figures are estimates by the source named and change every day. | |
Giancarlo Devasini is an Italian businessman and former doctor who is chief financial officer of the cryptocurrency exchange Bitfinex and co-owner of Tether, the company behind the stablecoin of the same name; Paolo Ardoino is Tether's chief executive.[2] On the Forbes 2026 billionaires list, a snapshot taken on March 24, 2026, he was 22nd in the world with an estimated $89.3 billion, the richest person in Italy.[1]
Net worth
- March 2026: $89.3 billion, 22nd on the Forbes list.[1]
He is reported to own about 45% of Tether.[2]
How the fortune was made
Devasini was born in Turin and graduated in medicine from the University of Milan in 1990.[2] He worked as a cosmetic surgeon for two years, then moved into computers, starting several companies that sold computer parts.[2] He helped found the Bitfinex trading platform in 2012.[2] When Bitfinex ran into trouble in 2018 he used Tether's reserves to keep it going, and in 2021 he paid $18.5 million in New York to settle a lawsuit over that conflict of interest.[2]
Sources
- ↑ 1.0 1.1 1.2 1.3 Forbes, "Giancarlo Devasini", 2026 World's Billionaires list (snapshot of March 24, 2026), read November 3, 2026. Net worth is a Forbes estimate.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 Wikipedia, "Giancarlo Devasini", read November 3, 2026. Billionaire Wiki's text is written in its own words; facts are checked against this article and its sources.