How much money does Vitalik Buterin have?
Vitalik Buterin is a Russian-Canadian programmer and author who is best known as one of the co-founders of Ethereum with a huge net worth of $1 Billion at just 27 years of age.
Buterin was one of the first people to get involved with bitcoin, co-founding Bitcoin Magazine in 2011. Buterin and Gavin Wood co-founded Ethereum in 2014.
Buterin obtained a $100,000 Thiel Fellowship before dedicating his efforts to Ethereum full-time. He was named to the Fortune 40 under 40 list in 2016 and the Forbes 30 under 30 list in 2018. He won the World Technology Award in 2014, and he was also named to the Fortune 40 under 40 list in 2016.
Quick Facts About Vitalik Buterin
|Vitalik Buterin Net Worth||$1 Billion|
|Full Name||Vitaly Dmitriyevich Buterin|
|Date of Birth||Jan 31, 1994|
Vitalik Earnings, Career and More
After the Ethereum price rose over 350 percent from its opening range to $3,374.90, Vitalik became the world’s youngest crypto billionaire. Vitalik Buterin’s net worth is estimated to be about $1 billion as of 2021, according to Celebrity Net Worth. He has also collaborated with other open-source software projects such as DarkWallet and Egora, a cryptocurrency marketplace.
After meeting a person on a bitcoin forum in to earn bitcoin, Buterin began writing for a publication named Bitcoin Weekly in 2011. The owner promised anyone who would write an article for him five bitcoin (about $3.50 at the time). He contributed to the site until it was forced to close owing to a lack of revenue.
Mihai Alisie approached him in September 2011 about co-founding a new print newspaper called Bitcoin Magazine, a position he accepted as the first co-founder and contributed to as a key writer.
Buterin is a co-founder and inventor of Ethereum, a “decentralized mining network and software development platform wrapped into one” that allows for the creation of new coins and applications on a single blockchain. In 2014, the development process began with a crowdsourcing campaign. On July 30, 2015, the platform became live. It was initially stocked with 72 million coins.
After bitcoin, Ether is the second-largest cryptocurrency by market capitalization, with a market valuation of $376 billion. Vitalik now owns 335,000 Ether as of this writing. He once had 405,000 Ether in his possession. Vitalik’s paper net worth surpassed $1.3 billion in May 2021, when Ether crossed $4,000.
The unidentified designers of the SHIB coin stated in April 2021 that they had awarded Vitalik with 505 billion coins in circulation. When coupled with his other interests, the 505 billion SHIB was worth $14 billion on May 10, 2021, giving Vitalik a net worth of $16.3 billion.
Buterin has worked on additional open-source software projects as a developer. He has notably contributed to Cody Wilson’s DarkWallet, the Bitcoin Python libraries, and Egora, a bitcoin marketplace. Buterin and economist Glen Weyl collaborated on a manifesto called Liberation Through Radical Decentralization, in which they emphasized the overlap between Buterin’s work on cryptocurrencies and Weyl’s work on market-based solutions to social problems.
You may also like: Michael Rubin Net Worth
Vitalik Buterin Personal Life And Philanthropy
The exact relationship status of Vitalik Buterin is still unknown. He appears to be more preoccupied with his profession than with finding a life companion. As per reports, it is speculated that he might be single at the time being.
He has donated $1.1 billion in cryptocurrencies to the India Covid 19 Relief Fund. It’s been nicknamed the “mother of all donations” and the largest single humanitarian effort for Covid assistance in India. Buterin has donated 500 Ether coins and more than 50 trillion Shiba Inu coins, both of which are Ethereum-based cryptocurrencies.
Vitalik Buterin Early Life, Family, And Education
Buterin was born in the Russian city of Kolomna to Dmitry Buterin who is a computer scientist by profession and his mother, Natalia Ameline. He grew up in the neighborhood until he was six years old when his parents moved to Canada in quest of better job possibilities.
Buterin was placed in a bright class in grade three of an elementary school in Canada, and he was drawn to mathematics, programming, and economics. He then went to the Abelard School, a Toronto-based private high school. At the age of 17, he learned about Bitcoin from his father.
He completed advanced classes and worked as a research assistant for cryptographer Ian Goldberg while attending the University of Waterloo.