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.

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

On 30 April 1.

1964 · BORNBorn in Italy on 30 April
1990 · EDUCATIONQualifies as a doctor of medicine at Milan University
2014 · FOUNDEDJoins the project that becomes Tether, after the Bitfinex exchange
2021 · MILESTONEBitfinex and Tether settle with the New York Attorney General for $18.5 million; Tether pays $41 million to settle CFTC allegations
2024 · MILESTONERanked 266th on Forbes' list with $9.2 billion
2025 · MILESTONERanked 90th on Forbes' list with $22.4 billion
2026 · MILESTONERanked 22nd with $89.3 billion, the richest person in Italy

He qualifies as a doctor at Milan University 1.

He joins the project that becomes Tether, after Bitfinex 3.

Bitfinex and Tether settle with the New York Attorney General for $18.5 million 4.

Tether pays $41 million and Bitfinex $1.5 million 5.

From $9.2 billion in 2024 to $22.4 billion in 2025 and $89.3 billion in 2026 1.

Frequently asked questions

In 2014, when he joined the project that became Tether, after the Bitfinex exchange.

Sources✓ Verified 14 Nov 2026

1 Powerbase, Giancarlo Devasini, 20 Oct 2026, Dates, Forbes history 2 Fortune, Tether fined by CFTC over reserves, 15 Oct 2021, CFTC settlement Report a correction