Vitalik Buterin Net Worth

Vitalik Buteri net worth is estimated to be $ 552.86 million, according to ARKHAM. This makes him one of the wealthiest personalities in the cryptocurrency. He is best known for co-founding Ethereum. He was initially a blog writer and wrote blogs for a Bitcoin magazine.

Buterin earned this net worth primarily through his large holdings in Ethereum. His wealth increased as the value of Ethereum price increased over the years. 

He also received compensation for his work in developing Ethereum and contributions to other blockchain projects. 

Vitalik Buterin at a Glance

• Born: January 31, 1994, in Kolomna, Russia
• Nationality: Russian-Canadian
• Known For: Co-founder of Ethereum (2015)
• Education: Attended the University of Waterloo but dropped out after receiving a Thiel Fellowship
• Notable Achievement: Developed Ethereum
• Recognition: Named in Fortune’s 40 Under 40 and Time 100 list of most influential people
• Net Worth: $ 552.86 million
• Twitter (X): Over 4.5 million followers

Who is Vitalil Buterin?

Unlike Satoshi Nakamoto, Vitalik Buterin is a public figure. People know who he is. We are reminding you here that Satoshi Nakamoto’s identity is still a mystery. 

Buterin is a famous name in the crypto world, He co-founded Ethereum (ETH).  Ethereum is the largest altcoin and its market value is over USD 150 billion.

Buterin is a successful writer and programmer, and his success comes from his innovations in technology.

He aims to lead the world of cryptocurrency and finance into a new era of transparency and decentralization using blockchain technology.

His ETH Worth

Vitalik Buterin holds approximately 335,000 Ether (ETH) in 2024. The current price of per ETH is $1,600. This means that his total holding is around $536 million.

Buterin’s SHIB Worth

In April 2021, the anonymous creators of a coin called SHIB gifted Vitalik 505 billion SHIB coins. This was half of all SHIB in existence.

A month later, those SHIB coins were worth $8 billion. By May 10, 2021, the value of his SHIB rose to $14 billion.

As of September 2024, the current price of Shiba Inu (SHIB) is approximately $0.00001471 per coin. This means that SHIB’s total market value is around $8.65 billion

Vitalik Buterin’s SHIB Donations

On May 12, 2021, Vitalik Buterin started selling large amounts of the altcoins he was gifted. He converted about $60 million worth in less than an hour.

He donated the money to several charities. Vitalik also gave $1 billion worth of SHIB to an India COVID relief fund. Eventually, he moved all the remaining gifted coins out of his wallet.

Vitalik Buterin’s Early Life

Vitalik Buterin first learned about Bitcoin from his father, a Russian-born engineer, when he was a teenager. His family had moved to Canada.

Since he didn’t have the money to invest in Bitcoin or mining, then he started working as a blog writer and earned Bitcoin as payment. 

In the early 2010s, he started a cryptocurrency magazine with his college  Mihai Alisie. This was the first magazine wholly dedicated to cryptocurrency. 

While studying at the University of Waterloo, Buterin wrote for the magazine and gained respect in the crypto world. 

In 2012, he attended his first Bitcoin conference in California and became passionate about traveling and learning more about crypto. 

By 2014, he was awarded a $100,000 Thiel Fellowship to focus on developing Ethereum.

Vitalik Buterin’s Future Plans

Vitalik Buterin is working on other blockchain projects besides Ethereum, such as L4 and Plasma Group. He always wanted Ethereum to be a “world computer,” and many think he could help build the future metaverse.

He is a very futuristic person and believes Ethereum will lead the metaverse in the next 10 years. 

This prediction is not surprising to us if we look at the growth of DeFi, NFTs, and stablecoins.

Bondarenko also said Ethereum is ready to build a democratic metaverse with a strong economy.

Vitalik Buterin’s Philanthropy

Vitalik Buterin has used his Ethereum wealth for various philanthropic causes over the years. 

He donated $764,000 to the Machine Intelligence Research Institute in 2017. He also donated $2.4 million to the SENS Research Foundation in 2018 to support biotechnology research. 

Buterin made a historic donation of over $1 billion in SHIB tokens to India’s COVID-19 relief fund in 2021. This was one of the largest crypto donations ever. 

He has also contributed $4 million in 2022 to support AI research at the University of New South Wales to help detect future pandemics.

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