Tether's secondary market valuation could soar to $375 billion, potentially making its largest shareholder wealthier than Warren Buffett. Industry sources indicate Tether is trading between $350 billion and $375 billion in the secondary market. Forbes estimates Tether's current valuation at approximately $200 billion, a significant increase from $50 billion a year ago. At a $200 billion valuation, Tether's CFO Giancarlo Devasini, who holds about 44-45% of shares, would have a net worth of $89 billion. CEO Paolo Ardoino and former CEO Jean-Louis van der Velde, each holding around 19%, would have a combined net worth of $38 billion. General Counsel Stuart Hoegner, with a 12% stake, would be worth nearly $25 billion. If valued at $350 billion, Devasini's stake would exceed $156 billion, surpassing Warren Buffett's net worth of $147.8 billion.