Ethereum co-founder Vitalik Buterin is one of the most important names in the cryptocurrency world. So how much is Buterin’s net worth and how has it changed over time? According to estimates by the research platform Arkham Intelligence, Buterin’s net worth is at least $552.86 million. The majority of this wealth comes from Ethereum’s native cryptocurrency, ETH. Therefore, Buterin’s fortune is highly dependent on the volatile price of ETH. Buterin’s crypto holdings other than ETH include investments in various crypto companies such as StarkNet and several other tokens such as KNC and WETH. Compared to other Ethereum co-founders and early ETH investors, Buterin’s estimated net worth sits quite high.
How did the Ethereum inventor become rich?
Buterin made most of his wealth from Ethereum as the known source. He entered the cryptocurrency world at the age of 17 by founding Bitcoin Magazine together with Mihai Alisie, who would later become one of the co-founders of Ethereum. Besides Bitcoin Magazine, the duo also worked on Egora, a decentralized eBay platform for Bitcoin. However, Buterin was disappointed that Bitcoin’s features, such as its limited command language, restricted the execution of more complex smart contracts and decentralized applications. Therefore, when he was 19 years old (November 2013), he published a whitepaper that put forward Ethereum as a solution to Bitcoin’s limitations.
In June 2014, Ethereum held its presale, where participants paid with BTC to purchase ETH. At that time, ETH’s total supply was over 72 million tokens, of which 16.53% was allocated to founders. The ETH allocation to these co-founders continues to constitute a significant portion of Buterin’s net worth.
Most of their assets come from ETH
Most of Buterin’s known crypto holdings come from the ETH allocation he received during the launch of Ethereum. When the ETH price broke the $3,000 mark in 2021, this temporarily elevated Buterin to billionaire status. Additionally, Buterin has added to his overall wealth by investing in a number of crypto companies such as StarkNet. Buterin’s known net worth is estimated to be around $552.86 million. But his actual net worth is probably higher than that. Because in addition to known crypto assets, non-cryptocurrency assets such as unknown crypto assets and shares obtained from investments also constitute wealth.
Currently, Vitalik Buterin’s known crypto assets amount to $552.86 million. Most of this consists of ETH holdings, accounting for approximately 246,730 tokens. According to Arkham’s page dedicated to Vitalik Buterin, his portfolio includes ETH, WETH, STRK, KNC, DEGEN, USDC, DINU, DOJO.
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