As of November 2022, Vitalik Buterin’s estimated net worth was around 290,000 ETH, which is equivalent to about $450 million.
World Technology Award 2014 winner Buterin. In 2016 and 2018, he was named to the Forbes 30 Under 30 list and the Fortune 40 Under 40 list, respectively.
Early Life
| 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 |
The son of Dmitry and Natalia Buterin, Vitalik Buterin was born in Kolomna, Russia. Vitalik spent his early years in Russia, where his father worked as a computer scientist. To provide him with a better life free from Russian influence, his parents left Russia and moved to Canada.
Vitalik was taken out of regular classes in the third grade to attend classes for math and science gifted students.
Education
Private school Buterin attended in Toronto was Abelard School. At the age of 17, Buterin used Bitcoin for the first time while he was a student at the University of Waterloo. Oddly, his father was the one who introduced him to the world of cryptocurrency.
After taking advanced cryptography courses in college, Vitalik was hired as a research assistant by Ian Goldberg, one of the co-founders of Off-the-Record Messaging. He served as the project’s previous chairman as well.
At the International Informatics Olympiad in 2012, Vitalik took home a bronze medal. He worked with other developers all over the world thanks to his success. When he got back to Toronto, he would finish writing his white paper for the Ethereum blockchain.
Vitalik received a $100,000 grant from the “Theil Fellowship” of billionaire Peter Thiel in 2014, which led him to discontinue his studies and begin working on Ethereum full-time. The University of Basel’s Faculty of Business and Economics awarded Buterin an honorary doctorate in 2018.
Career
Buterin began contributing to a magazine called Bitcoin Weekly in 2011. To entice someone to write an article for him, the owner offered five bitcoin. Buterin contributed to the website up until its closure.
The same year, Mihai Alisie got in touch with Buterin to inquire about launching a Bitcoin Magazine print magazine. He initially joined as a prominent writer but later accepted the offer to be the first co-founder.
He co-founded Ethereum and invented it as well. The development of new cryptocurrencies and programs can share a single blockchain thanks to Ethereum, which has been referred to as a decentralized network and software development platform.
For the development of applications, Buterin argued that bitcoin needed a scripting language. He tweeted about Weyl’s suggestion and eventually got in touch with him. The manifesto Liberation Through Radical Decentralization was started.
The estimated value of Vitalik Buterin’s net worth as of November 2022 is $400,000,000.
Highlights
Here are some of the best highlights of Vitalik Buterin’s career:
- Bitcoin Magazine (2011)
- Launched Ethereum (2014)
- Fortune 40 under 40 list (2016)
- Time 100 (2021)
How Did Vitalik Buterin Build His Net Worth?
The Ethereum white paper was released by Buterin in November 2013. At the North American Bitcoin Conference in Miami on January 26, 2014, Buterin announced the launch of Ethereum and spoke to the audience about the potential and features of the platform. Co-founders Charles Hoskinson, Gavin Wood, Anthony Di Iorio, and Joseph Lubin assisted him in launching Ethereum. However much money the other co-founders made from Ethereum, Buterin came out on top.
On Twitter in 2018, he tweeted the location of his wallet. In May 2022, Buterin transferred the majority of his ETH from his public address to another wallet. In total, he currently has about 290,000 ETH in both wallets.
At the beginning of 2021, ETH was worth $730.99 per token, making Vitalik’s fortune $258 million. However, on November 8, 2021, ETH hit an all-time high of $4,818.08, giving his Ethereum wallet a value of $1.5 billion.
Vitalik Buterin’s Productivity Habits and Wealth-building Strengths
It’s obvious that Buterin is a remarkable person with an almost alien-like focus and intellect if you’ve ever watched or listened to him give a talk or conduct an interview.
Buterin claims he prefers to block out all distractions while concentrating on his work. According to him, he spends his deep work sessions learning about the impact of code on his life. In addition, he expresses his gratitude for the many talented individuals he met while working to found Ethereum.
3 Amazing Lessons from Vitalik Buterin
Now that you know all about Vitalik Buterin’s net worth and how he achieved success; let’s take a look at some of the best lessons we can learn from him:
1. Revolution
For the first time, the industrial revolution made it possible for us to begin replacing manual labor with machine labor.
2. Pick the Right Career
Vitalik Buterin attended a gifted school as a child. Choose a career that will allow you to best utilize your gift.
3. Be Patient
It takes hard work and patience to succeed; success doesn’t happen over night. Be patient; good things take time. Excellent things take time.
FAQs
How Does Vitalik Buterin Make Money
One of the key figures in cryptocurrency is Vitalik Buterin. Because of his involvement in the creation of Ethereum, he has amassed a sizable fortune.
- The biggest portion of Buterin’s wealth, which is worth $82 million at the current exchange rate, is made up of his cryptocurrency holdings.
- In addition, Buterin has a salary between $140,000 and $250,000 and substantial cash assets estimated to be worth $12 million.
- And finally, he owns stock in Clearmatics and StarkWare, two multi-million dollar startups. These investments’ exact value is unknown.
Buterin omitted to mention his equity stakes in each of the startups or the precise amount he had invested. According to Crunchbase, StarkWare and Clearmatics have each raised $36 million to date.
It is possible to estimate the co-founder of Ethereum’s net worth based on his cryptocurrency holdings, cash, and equity. The total worth of Vitalik Buterin is $100 million.
How Rich is Vitalik Buterin?
Vitalik Buterin is one of the most well-known figures in the cryptocurrency world and the creator of the Ethereum blockchain, with an estimated net worth that fluctuates around $1.5 billion.
Is Vitalik Buterin a Billionaire?
Vitalik Buterin occasionally has a billion dollar income. Buterin’s value peaked in 2021 at $1.5 billion. Contrary to other billionaires whose wealth is primarily invested in more conventional assets like stock and real estate, his net worth is primarily in cryptocurrencies, which causes significant fluctuations in his status as a billionaire.
How Many ETH Does Vitalik Buterin Own?
Around 290,000 ETH are spread across Vitalik Buterin’s two known wallets. (Read more about Ethereum price.)
How Old is Vitalik Buterin?
28 years have passed since Vitalik Buterin’s birth on January 31, 1994.
How Tall is Vitalik Buterin?
Vitalik Buterin is 6 feet 1 inches tall, or 1.86 meters.
Summary
Ethereum was founded by Vitalik Buterin. A global computer that uses blockchain technology is called Ethereum. In 2017, its value increased dramatically.
As a co-founder of Bitcoin Magazine, Buterin is a very smart individual. He is currently Ethereum’s leader. He was a wonder kid who everyone admired as a bright kid as he grew up. He has demonstrated that he is among the smartest people on the planet.
Vitalik Buterin’s net worth is projected to be around $400 million as of November 2022.
