Vitalik Buterin Net Worth:
$1 Billion
Vitaly Dmitriyevich Buterin famously known as Vitalik Buterin is a Russian-born Canadian programmer. He is best known as one of the co-founders and Inventors of Ethereum. Vitalik Buterin net worth is estimated to be around $1 Billion.
Vitalik was one of the early adaptors of Bitcoin and cryptocurrency in general. He co-founded Bitcoin magazine in 2011. He was very young when entered the crypto space and is one of the best-known crypto persons in the world. Vitalik launched Ethereum in 2014 along with Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin.
In this article, we will check what is the net worth of Vitalik Buterin, his Ethereum holdings, career, early life, and more. Vitalik Buterin’s net worth is $1 billion and it will depend on the volatility of his crypto holdings as well.
Table of Contents
How much Ethereum does Vitalik have?
As per the analysis from different reports, Vitalik owns a total of 521,491 Ether.
Early life
Vitalik was born in Kolomna, Russia. His parents are Dmitry Buterin and Natalia Ameline. Vitalik’s father is a computer scientist. He lived in Russia until the age of 6. After that, he migrated to Canada along with his parents. While studying in grade 3 in Canada, Vitalik was placed as a gifted student and given special coaching in Mathematics and programming.
After schooling, Vitalik attended the University of Waterloo. There he worked as a research assistant for famous cryptographer Ian Goldberg. In 2013, Vitalik met with some developers internationally who also have a passion for coding. That year later he returned to Toronto and published the Ethereum White paper. later he dropped out of college in 2014 and started working full-time on the Ethereum Project.
Check out the net worth of popular crypto billionaires like SBF, Fred Ehrsam, Michael Saylor, CZ Binance, and more.
Career
During his career, Vitalik has worked on different projects including weeklies, magazines, and more. let us check out each stage in his career.
Bitcoin Weekly & Bitcoin magazine
Vitalik started to write for a publication known as Bitcoin Weekly in 2011 which publishes Bitcoin weekly news. He got the opportunity to write after meeting with a person on the Bitcoin forum to earn Bitcoin. The owner offered 5 Bitcoins ($3.50 at that time) to anyone who wrote an article for him. The website shut down afterward due to less revenue at that time as per sources.
Later in 2011, Mihai Alisie contacted Vitalik and shared about starting a new print publication called Bitcoin Magazine. It is considered the first co-founded venture of Vitalik. You can still check out Vitalik’s articles here.
Ethereum
Vitalik is the inventor and one of the co-founders of Ethereum. Ethereum is defined as a decentralized mining network and infrastructure that allows the creation of new projects or applications on top of it. Buterin has an opinion that Bitcoin needs a general-purpose scripting language for application development. This led to the development of Ethereum. You can check out and download the Ethereum white paper here.
Ethereum has gained much popularity among crypto enthusiasts and started developing projects on top of it. Still today Ethereum has tons of projects on top of it and is called altcoins. To this day Ethereum is ranked as the second cryptocurrency after Bitcoin in terms of market value.
Open Source Contributions
Vitalik also has contributed to many open-source development platforms. Some of his contributions included projects like Dark Wallet, Bitcoin Python Libraries, and a crypto marketplace called Egora.
Vitalik & Glen Weyls’ Works
Vitalik and the renowned economist Glen Weyl have worked together after the latter’s proposals for a new wealth tax. They wrote together a manifesto called Liberation through radical decentralization where they highlighted the link between cryptocurrencies and market-based solutions to social problems.
Vitalik Ethereum holdings (Vitalik Buterin net worth in Ethereum)
As per reports, Vitalik holds a total of 521,491 Ether through his 2main wallets. As per the current price of Ethereum, it comes to a total amount of more than $1.3 Billion. Vitalik Buterin’s net worth in Ethereum is thus calculated as $1.3 billion as of 2022.
Vitalik Shiba Inu Donation
Shiba Inu shortly called SHIB is a cryptocurrency based on Ethereum. It is a meme coin founded by anonymous groups. The creators have gifted 50%of the coin to Vitalik’s wallet which approximately consists of 50,693,552,078,053 (50 trillion)SHIB coins. He burned 90% of his holdings stating that he did not need the power. The rest of the coin which contributes around $1 billion has been given to India’s crypto relief fund as a charity.
What is the net worth of Vitalik Buterin?
Vitalik Buterin’s net worth is $1 Billion.
How old is Vitalik Buterin?
Vitalik Buterin is 29 years old as of 2023.
Is Vitalik Canadian?
Yes, Vitalik moved to Canada from Russia when he was 6 years old.
Conclusion
That comes to the end of our topic on Vitalik Buterin’s net worth. Here we discussed various topics including Vitalik’s career, Ethereum, and more. Don’t forget to share the article with your friends and post your suggestions here. You may also check out:
FTX CEO- Sam Bankman Net Worth
Binance CEO (Changpen Zhao) Net Worth
Winklevoss Twins Net Worth
Fred Ehrsam Net Worth
Chris Larsen Net Worth
Michael Saylor Net Worth
Brian Armstrong Net Worth
