Who is Giancarlo Devasini?

The chairman and co-owner of Tether, the issuer of the USDT stablecoin, and a co-owner of Bitfinex.

What is Giancarlo Devasini's net worth?

$89.3 billion on Forbes' real-time list on 20 October 2026, 22nd in the world.

Is Giancarlo Devasini the richest person in Italy?

Yes. Forbes and Euronews report that he is ahead of Giovanni Ferrero.

Giancarlo DevasiniBiography

Giancarlo Devasini

Giancarlo Devasini Biography

Reviewed by the editorial team · Updated 14 Nov 2026 · Last verified 14 Nov 2026 · 1 min read

Quick answer

Giancarlo Devasini was born in Italy in 1964, qualified in medicine in 1990 and joined the Tether project in 2014 1 3.

Full nameGiancarlo Devasini

NationalityItaly

Known forChairman and co-owner of Tether

Born in Italy

Giancarlo Devasini was born on 30 April 1964 in Italy. Forbes lists him as Italian. Euronews says he was born and raised around Casale Monferrato, while another Italian report calls him a former Turin plastic surgeon, so this page gives no city 1 3.

Medicine

He qualified as a doctor of medicine at Milan University in 1990. Euronews says he moved toward plastic surgery but left the operating room after a short time 1 3.

Technology and e-commerce

He then moved into technology and computer-parts trading, and later into e-commerce and digital currencies 1 3.

Tether

He joined the project that became Tether in 2014, after the Bitfinex exchange 3.

Frequently asked questions

On 30 April 1964, in Italy.

Medicine. He qualified as a doctor at Milan University in 1990.

He worked in medicine, then in technology, computer-parts trading and e-commerce.

Sources✓ Verified 14 Nov 2026

1 Powerbase, Giancarlo Devasini, 20 Oct 2026, Birth, medical degree 2 Euronews Italia, Bitcoin corre, lui resta nell'ombra: chi e Giancarlo Devasini, 21 Aug 2026, Background Report a correction