[Tether's Secondary Market Valuation Could Reach $375 Billion, Largest Shareholder May Surpass Buffett in Wealth] According to *Forbes*, secondary market transactions indicate that the valuation of stablecoin issuer Tether could reach as high as $375 billion, potentially placing its owners among the wealthiest individuals in the world. Industry insiders report that Tether's trading price in the secondary market ranges between $350 billion and $375 billion. Based on discussions with cryptocurrency investors and executives, *Forbes* currently estimates Tether's valuation at approximately $200 billion, still significantly higher than its $50 billion valuation a year ago. At a $200 billion valuation, Chief Financial Officer Giancarlo Devasini, who holds about 44-45% of the shares, would have a net worth of approximately $89 billion. CEO Paolo Ardoino and former CEO Jean-Louis van der Velde each hold about 19% of the shares, giving them a net worth of around $38 billion each. General Counsel Stuart Hoegner holds about 12% of the shares, with a net worth close to $25 billion. If calculated at the lower end of the secondary market valuation of $350 billion, Devasini's shareholding value would exceed $156 billion, enough to place him among the world's top ten richest individuals, surpassing Buffett's current net worth of $147.8 billion.