Vitalik Buterin’s Net Worth – How Rich is Ethereum’s Founder?

By Jasmine Last updated Nov 18, 2022

Vitalik Buterin is a computer programmer and author.

Buterin is well recognized as one of Ethereum’s co-founders. He was involved in the early days of bitcoin.

In 2022, he co-founded Bitcoin Magazine. He co-founded Ethereum with Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin a few years later.

Table of Contents

Short Bio

Net Worth:	$400 Million
Age:	28
Born:	January 31, 1994
Gender:	Male
Height:	1.86 m (6 ft 1 in)
Country of Origin:	Russia
Source of Wealth:	Programmer
Last Updated:	August 2, 2022

Early Life

Vitaly Dmitriyecich “Vitalik” Buterin was born in Kolomna, Russia, on January 31, 1994.

Natalia Ameline Buterin and Dmitry Buterin are his parents. His parents immigrated to Canada when he was six years old. He was placed in a gifted class during his elementary school years in Canada.

He then went to Abelard School. When he was 17, he began learning about Bitcoin from his father. He went to the University of Waterloo after high school.

Ether Holdings

Vitalik now owns 335,000 Ether as of this writing. He once had 405,000 Ether in his possession. Vitalik’s paper net worth was $567 million in January 2022, when Ether traded at $1,400.

By February 2022, Ether had reached $900, giving Vitalik’s 365,000 Ether a paper net worth of $300 million.

By August 2022, the price of Ether had fallen to $300, valuing Vitalik’s coins at about $100 million before taxes. Vitalik’s paper net worth surpassed $1.3 billion in May 2022, when Ether reached $4,000 per coin.

Rugging

Vitalik began dumping huge chinks of the donated alt-coins on May 12, 2022. He converted approximately $60 million in less than an hour and distributed the proceeds to several charities.

He also contributed the equivalent of $1 billion SHIB to a COVID relief fund in India. He eventually removed all of the gifts from his wallet.

Bitcoin Magazine

Buterin first became interested in bitcoin when he began writing for Bitcoin Weekly in 2022. He continued to write for the site until it was forced to close owing to low revenue. Buterin’s articles, on the other hand, piqued the interest of a man named Mihai Alise, who invited him to help launch a new publication called Bitcoin Magazine.

Bitcoin Magazine, which began in print in 2022, is widely regarded as the first major publication devoted to cryptocurrencies.

In addition to co-founding the publication, Buterin was a key writer, putting in 10 to 20 hours per week. Bitcoin Magazine was finally sold to BTC Media in 2022.

Ethereum

Buterin first presented the notion of Ethereum, a decentralized and open-source blockchain technology that works to create new coins, in a white paper published in 2022. The white paper quickly spread and piqued the imagination of many people.

Buterin delivered a 25-minute keynote at the North American Bitcoin Conference in early 2022, significantly elevating Ethereum’s popularity.

Buterin was listed as a co-founder alongside Gavin Wood, Anthony Di Iorio, Joseph Lubin, and Charles Hoskinson when the platform was officially released in the summer of 2022.

Users can add permanent decentralized apps to Ethereum, including finance applications that eliminate the need for traditional financial middlemen.

The platform creates the cryptocurrency Ether, which miners receive as proof of work. With the adoption of Ethereum 2.0, the system protocol was converted to proof-of-stake.

Other Projects

Beyond Ethereum, Buterin has contributed his development skills to a variety of other open-source projects. He has made notable contributions to the DarkWallet, Agora, and Bitcoin Python libraries.

Buterin collaborated with economist Glen Weyl on a manifesto titled “Liberation Through Radical Decentralization,” among other things. He also co-wrote a paper with Harvard Ph.D. student Zoe Hitzig titled “A Flexible Design for Funding Public Goods.”

Philanthropy

Buterin has frequently used his Ethereum money to support charitable causes. He donated around $764,000 in Ether to the Machine Intelligence Research Institute in 2022.

Buterin gave $2.4 million in Ether to the SENS Investigation Foundation the next year to aid in the research of biotechnologies to extend human life.

He gave to the SENS Research Foundation again in 2022 to support research into human aging.

Vitalik Buterin’s Net Worth

Vitalik Buterin is a $400 million net-worth Russian-Canadian programmer and writer. Vitalik Buterin is well known for co-founding the Ethereum blockchain technology in 2022.

Previously, he was a co-founder of Bitcoin Magazine, one of the first publications to cover cryptocurrency.

Buterin has also contributed to open-source projects other than Ethereum, including as DarkWallet and Agora.

Frequently Asked Questions

How Much is Vitalik Buterin Worth?

Vitalik Buterin’s net worth is estimated to be $400 Million.

How Old is Vitalik Buterin?

Vitalik Buterin was born on January 31, 1994, and is currently 28 years old.

How Tall is Vitalik Buterin?

Vitalik Buterin’s height is 1.86 m, which is equal to 6 ft 1 in.

Summary

Ethereum was initially conceived and developed by Vitalik Buterin. Ethereum is a distributed ledger platform that can be thought of as a global computer. The year 2022 has experienced a meteoric rise in its value of it.

Buterin is a really bright individual, and he is one of the people who started Bitcoin Magazine with others. He is currently in charge of Ethereum.

As he was growing up, everyone thought of him as an exceptionally bright and talented child. He was a wonder child. He has demonstrated that he is among the most intelligent people who have ever lived on this planet.

As of the month of November 2022, it is anticipated that Vitalik Buterin has a net worth of approximately $400 Million.