Giancarlo Devasini
$89.3B
Born
Apr 30, 1964
Age
62
Source of Wealth
Cryptocurrency
Residence
Roquebrune-Cap-Martin,
Citizenship
Italy
Marital Status
Children
0
Education
- Giancarlo Devasini is the chairman, and likely the biggest shareholder, of Tether, the largest issuer of crypto stablecoins.
- More than 180 billion Tether tokens have been minted. Buoyed by high rates on U.S. Treasurys, which make up most of Tether's reserves, the company reported more than $10 billion in profit in 2025.
- Devasini owns an estimated 45% 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.
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