Vitaly Dmitriyevich Vitalik Buterin, the Russian-Canadian programmer, writer, and best-known co-founder of cryptocurrency Ethereum, has a staggering net worth of $1 billion. Vitalik Buterin was born on January 31, 1994, in Moscow, Russia, to Dmitry Buterin and Natalia Ameline. His father, Dmitry, was a computer scientist, and he heard about Bitcoin when he was 17 years old.
Buterin then created a whitepaper on Ethereum in less than two years. Ether, the Ethereum blockchain cryptocurrency, quickly became the world’s second-largest cryptocurrency. Furthermore, Gavin Wood and Vitalik Buterin founded Ethereum in 2014. Vitalik is currently a prominent speaker at every crypto-related event across the globe, advocating for numerous blockchain-based enterprises. Buterin has contributed to various open-source projects, including DarkWallet, Bitcoin Python libraries, and the Bitcoin marketplace Egora. He also won bronze in the International Olympiad in Informatics in 2012. Vitalik was also included in the Forbes 30 under 30 list in 2018. Furthermore, he was included in the Fortune 40 under 40 list in 2016 and the Fortune the ledger 40 under 40 list in 2018. Vitalik was also awarded an honorary doctorate by the University of Basel, Switzerland, in the Faculty of Business and Economics in 2018.
Vitalik Buterin’s Net Worth and Salary
Vitalik Buterin, the co-founder of the cryptocurrency Ethereum, programmer, and author, has a fortune of $1 billion. The value of the Ethereum cryptocurrency that he holds is the primary source of his income. He also owns numerous other virtual currencies and is paid handsomely by the Ethereum Foundation. However, Vitalik Buterin’s net worth fluctuates daily, often dramatically, owing to fluctuations in the value of cryptocurrencies.
Vitalik also holds around 352,000 Ethereum currency. He was also the world’s youngest crypto millionaire, with a net worth of $21 billion in May 2021, when the price of Ethereum reached $3374. Vitalik also owns Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE), Zcash (ZEC), and other cryptocurrencies. He has indicated that the value of Buterin’s other currencies is less than 10% of the value of Ethereum. He also has tokens called OmiseGo (OMG), a Kyber Network token (KNC), Maker (MKR), and Augur (REP) with values that do not surpass 10% of the value of Ethereum.
In addition, the Ethereum Foundation pays him $144,000 each year. The payout is paid in Swiss francs, making his yearly income 135,000 CHF. He also holds business stakes in the firms Clearmatics and StarkWare. They’ve both earned millions of dollars. However, Buterin’s actual earnings from them are unknown.
Vitalik Buterin moved to Canada with his parents when he was six years old. At the age of seven, he had a strong interest in and skill in mathematics. Furthermore, recognizing Vitalik’s talent, the school put him in a gifted class. Buterin may learn math, coding, and economics in his specialized class. He also began coding at the age of nine. When he was 17, he was introduced to Bitcoin by his father and believed it was a meaningless notion. But, after a short time, he began reading everything and everything about it.
Vitalik got a $100,000 Thiel Fellowship after proposing the Ethereum white paper in 2013. As a result, he dropped out of college to devote his whole attention to Ethereum.
Vitalik Buterin: Charity
Vitalik has participated in various humanitarian efforts since 2017 because of his tremendous importance in the bitcoin sector. The majority of his contributions are given in various virtual currencies. Vitalik gave $763,970 in Ether to the Machine Intelligence Research Institute (MIRI) in 2017.
Furthermore, in 2018, he gave $2.4 million in Ether to the SENS Research Foundation in California, USA, for research on rejuvenation biotechnologies and human life extension. In addition, he will give $50,000 to the SENS Research Foundation in 2020 to fund research on aging and age-related disorders. Furthermore, in 2021, Buterin contributed to India’s Crypto Covid relief fund. He gave $1.14 billion in SHIBA coins.
Furthermore, in 2021, he donated $336 million to Dogelon Mars to the Methuselah Foundation. The sum of 430 trillion Dogelon Mars was allocated for research on prolonging human lifetime. So far, Vitalik Buterin has appeared in three separate Bitcoin films. The Rise and Rise of Bitcoin (2014), Bitcoin: The End of Money as We Know It (2015), and Cryptopia: Bitcoin and Blockchains and the Future of the Internet (2020) are all documentaries featuring Vitalik.
Movies & Investments
Vitalik appeared in the TV show Stoner Cats in 2021. Furthermore, a documentary titled Ethereum: The Infinite Garden (2021) is scheduled to be released in 2023. Vitalik will appear in the documentary. In July 2021, it was also able to raise 1,035.96 ETH via crowdfunding in two days. Vitalik Buterin made numerous excellent decisions that helped him become a billionaire at such a young age.
Bitcoin Magazine was Buterin’s first investment. In 2011, he co-founded the magazine, which was the first to publish stories and news on cryptocurrencies. Furthermore, Buterin was the magazine’s first main writer. Vitalik has also made investments in startups such as Clearmatics and StarkWare. He also established Neutvault, a Stateless Vault for storing and managing cryptocurrency. Furthermore, his most significant investment is in the Ethereum blockchain cryptocurrency.
Vitalik Buterin is an accomplished author. He began working as an article writer for Bitcoin Weekly in 2011, earning 5 Bitcoins each piece. He then became the lead writer for Bitcoin Magazine, which he co-founded. Furthermore, Vitalik, economist Glen Weyl, and Ph.D. student Zoe Hitzig released a paper in 2019 titled “A Flexible Design for Funding Public Goods.”
Vitalik Buterin’s Professional Career
Vitalik Buterin began his Bitcoin career in 2012 by authoring articles and co-founding the Bitcoin magazine. Furthermore, his involvement with Ethereum began when he wrote its white paper in 2013 and cofounded it in 2014.
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The Estimated Net worth is $80K – USD $85k.
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