Giancarlo Devasini

Giancarlo Devasini

Giancarlo Devasini (#109)

  • $ 22 B
  • Cryptocurrency
  • Italy
  • M
  • 61 Years

About Me

Giancarlo Devasini is the chief financial officer, and likely the biggest shareholder, of Tether, the largest issuer of crypto stablecoins. More than 100 billion Tether tokens have been minted. Buoyed by higher interest rates, Tether generated $6.2 billion in profit in 2023 from the interest it generates on customers' collateral. Devasini owns an estimated 47% 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.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Giancarlo Devasini’s rise and global influence.

  • #90   Billionaires (2025)

Wealth Growth

Net Worth Growth Over Time

Tracking Giancarlo Devasini’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $22.4B (February 5, 2026)