Vitaly Dmitriyevich Vitalik Buterin, the Russian-Canadian programmer, writer, and best-known co-founder of cryptocurrency Ethereum, has a whopping $1 billion net worth.
Vitalik Buterin was born in Moscow, Russia, on January 31, 1994, to Dmitry Buterin and Natalia Ameline. Dmitry, his father, was a computer scientist who first heard about Bitcoin when he was 17 years old. In less than two years, Buterin created a whitepaper on Ethereum.
Ether, the Ethereum blockchain money, swiftly surpassed Bitcoin as the world’s second-largest cryptocurrency. Furthermore, Ethereum was founded in 2014 by Gavin Wood and Vitalik Buterin. Vitalik is now a famous speaker at every crypto-related event around the world, advocating for a variety of blockchain-based businesses.
Buterin has contributed to a number of open-source projects, including DarkWallet, Bitcoin Python libraries, and Egora, a Bitcoin marketplace. In 2012, he also earned bronze at the International Olympiad in Informatics. Vitalik was also named to Forbes’ list of the “30 Under 30” in 2018.
Furthermore, in 2016, he was named to the Fortune 40 under 40 list, and in 2018, he was named to the Fortune the ledger 40 under 40 list. In 2018, Vitalik received an honorary doctorate from the University of Basel, Switzerland, in the Faculty of Business and Economics.
Vitalik Buterin’s Net Worth and Salary
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Vitalik Buterin, the co-founder of the cryptocurrency Ethereum, as well as a programmer and novelist, is worth $1 billion. His principal source of income is the value of the Ethereum cryptocurrency that he owns. He also owns a slew of other virtual currencies and is well compensated by the Ethereum Foundation.
Vitalik Buterin’s net worth, on the other hand, swings on a daily basis, frequently substantially, due to fluctuations in the value of cryptocurrencies. Vitalik also owns approximately 352,000 Ethereum coins. In May 2021, when the price of Ethereum reached $3374, he was also the world’s youngest crypto millionaire, with a net worth of $21 billion.
Vitalik also has Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE), Zcash (ZEC), and other cryptocurrencies in his possession. He has stated that Buterin’s other currencies are worth less than 10% of the value of Ethereum. He also owns tokens with values less than 10% of the value of Ethereum, such as OmiseGo (OMG), a Kyber Network token (KNC), Maker (MKR), and Augur (REP).
Furthermore, the Ethereum Foundation pays him $144,000 per year. The dividend is in Swiss francs, thus his annual salary is 135,000 CHF. He also has commercial interests in Clearmatics and StarkWare. They’ve both amassed fortunes in the millions of dollars. Buterin’s actual gains from them, however, are unknown.
Lifestyle
Vitalik Buterin and his parents relocated to Canada when he was six years old. He was seven years old when he developed a significant interest in and skill in mathematics. Vitalik’s talent was also recognized by the school, which placed him in a gifted class. Buterin’s specialist class may teach him arithmetic, coding, and economics.
He began coding at the age of nine as well. When he was 17, his father introduced him to Bitcoin, which he dismissed as a useless concept. However, after a short period of time, he began reading everything and anything about it. After proposing the Ethereum white paper in 2013, Vitalik received a $100,000 Thiel Fellowship. As a result, he stepped out of college to focus only on Ethereum.
Vitalik Buterin: Charity
Because of his enormous prominence in the bitcoin sector, Vitalik has participated in a variety of humanitarian endeavors since 2017. His contributions are mostly made in various virtual currencies. In 2017, Vitalik donated $763,970 in Ether to the Machine Intelligence Research Institute (MIRI).
In addition, he donated $2.4 million in Ether to the SENS Research Foundation in California, USA, in 2018 to fund research on rejuvenation biotechnologies and human life extension. In addition, in 2020, he will donate $50,000 to the SENS Research Foundation to support research on aging and age-related illnesses.
Furthermore, Buterin contributed to India’s Crypto Covid relief fund in 2021. He presented SHIBA coins worth $1.14 billion. In addition, in 2021, he will gift $336 million to Dogelon Mars’ Methuselah Foundation. A total of 430 trillion Dogelon Mars has been set aside for research into human longevity.
Vitalik Buterin has appeared in three different Bitcoin films thus far. Documentaries starring Vitalik include 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).
Movies & Investments
In 2021, Vitalik starred on the TV show Stoner Cats. In addition, a documentary titled Ethereum: The Infinite Garden (2021) will be released in 2023. Vitalik will appear in the film. It was also able to raise 1,035.96 ETH through crowdfunding in two days in July 2021. Vitalik Buterin made a number of wise judgments that enabled him to become a millionaire at such a young age.
Buterin’s first investment was in Bitcoin Magazine. He co-founded the magazine, which was the first to publish stories and news on cryptocurrencies, in 2011. Buterin was also the magazine’s first main writer. Vitalik has also invested in companies such as Clearmatics and StarkWare. He also founded Neutvault, a Stateless Vault for cryptocurrency storage and management. In addition, his largest investment is in the Ethereum blockchain cryptocurrency.
Publications
Vitalik Buterin is a well-known author. He began writing articles for Bitcoin Weekly in 2011, earning 5 Bitcoins per piece. He later became the editor-in-chief of Bitcoin Magazine, which he co-founded. Furthermore, in 2019, Vitalik, economist Glen Weyl, and Ph.D. student Zoe Hitzig published “A Flexible Design for Funding Public Goods.”
Vitalik Buterin’s Professional Career
Vitalik Buterin began his Bitcoin career by writing articles and co-founding the Bitcoin magazine in 2012. Furthermore, his engagement with Ethereum began in 2013 when he published its white paper and continued in 2014 when he cofounded it.
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