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Vitalik Buterin, a 28-year-old co-founder of Ethereum, is ranking as the world’s youngest bitcoin billionaire after ether’s recent gains. His total wealth is estimated at $1.46 billion by Forbes.
Full Name | Vitalik Buterin |
Date of Birth | Jan 31, 1994 |
Age | 28 Years old (as of 2022) |
Nationality | Canadian |
Place of Birth | Kolomna, Russia |
Vitalik Buterin Net Worth | $1.46 Billion (Last Updated 2022) |
Vitalik Buterin Net Worth
Vatalik Buterin has a net worth of $1.46 billion and is a Canadian-Russian programmer and writer. Vitalik Buterin was born in January 1994, in Kolomna, Russia. The Ethereum platform and Bitcoin Magazine have both been co-founded by him.
His father introduced him to bitcoin when he was 17 years old. After winning the Thiel Fellowship for $100 thousand, Buterin joined Ethereum full-time. Since 2011, he has been contributing to Bitcoin Magazine as the lead writer and co-founder.
Buterin is the inventor of Ethereum, a “software development platform” and “decentralized mining network” that facilitates the creation of cryptocurrencies and programs that share a single block chain.
The World Technology Award was awarded to him in 2014. In 2016, he was listed on Fortune’s 40 under 40 list, and in 2018, he was listed on Forbes 30 under 30 list.
Ethereum Holdings
Vitalik currently owns 335,000 Ether. His total Ether holdings once reached 405,000. In January 2018, when Ether traded at $1,400, Vitalik had a paper net worth of $567 million. The value of Vitalik’s 365,000 Ether was $300 million in February 2018 when Ether was trading at $900.
Vitalik’s coins were worth about $100 million before taxes when Ether’s price dropped to $300 in August 2018. Vitalik’s paper net worth surpassed $1.3 billion in May 2021, when Ether hit $4,000.
SHIB
A coin called SHIB was created anonymously in April 2021, and the creators gifted Vitalik half of all currently circulating coins; about 505 billion coins. Within a month, those SHIBs had grown to be worth $8 billion. With his other holdings, Vitalik’s net worth is $16.3 billion, based on his holdings of 505 billion SHIB valued at $14 billion on May 10.
Rugging
Vitalik began dumping large amounts of the gifted altcoins on May 12, 2021. Within an hour, he had converted nearly $60 million worth of assets and donated it to a number of charities.
An India COVID relief fund received the equivalent of $1 billion SHIB from him as well. Eventually, he transferred all of the gift money from his wallet.