Vitalik Buterin’s Net Worth Uncovered – How Much Ethereum Does He Own?
Ethereum co-founder Vitalik Buterin’s net worth is estimated to be at least $552.86 million as of January 2024, according to a report by cryptocurrency tracking platform Arkham.
Buterin, who has been an active figure in the crypto world for over a decade, is known for co-founding Ethereum. He first entered the crypto scene in 2011 at the age of 17 by launching Bitcoin Magazine alongside Mihai Alisie, who later became his co-founder in Ethereum. In addition to Bitcoin Magazine, Buterin and Alisie collaborated on Egora, a decentralized eBay for Bitcoin.
Buterin’s dissatisfaction with Bitcoin’s limitations, such as its restricted scripting language and inability to execute complex smart contracts and decentralized applications, led him to propose Ethereum as a solution. He published the Ethereum Whitepaper in November 2013, at the age of 19, to address these limitations.
The majority of Buterin’s known cryptocurrency net worth is in the form of ETH tokens, making him heavily reliant on the fluctuating price of ETH. He currently holds approximately 246,730 tokens, accounting for most of his known crypto assets.
In addition to his ETH holdings, Buterin has also invested in various crypto companies, including StarkNet, and holds a few other tokens such as KNC & WETH. Notably, he is the largest individual ETH holder with access to the tokens. It is also worth mentioning that known ETH holdings appear to be decreasing each year, as Buterin has sold his ETH holdings multiple times. However, he claims that he has not sold ETH for personal gain since 2018 and has only sent ETH to exchanges for donations rather than for selling purposes.
Buterin’s estimated net worth surpasses that of other Ethereum co-founders and early ETH holders. It is important to note that this article does not provide investment advice.
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