The Russian-Canadian programmer, writer, and best-known co-founder of cryptocurrency Ethereum, Vitaly Dmitriyevich Vitalik Buterin, has a whopping net worth of $1 billion.
Vitalik Buterin was born on 31 January 1994 to Dmitry Buterin and Natalia Ameline. His father, Dmitry, was a computer scientist, and because of whom, he learned about Bitcoin at the age of 17.
After that, within two years, Buterin wrote a whitepaper for Ethereum. And very soon, the Ethereum blockchain cryptocurrency, Ether, became the second-largest cryptocurrency in the world.
Moreover, Ethereum was launched in 2014 by Gavin Wood and Vitalik Buterin.
Vitalik now advocates for various blockchain-based projects and is a notable speaker in every crypto-related event worldwide.
Besides Ethereum, Buterin has contributed to several open-source software like DarkWallet, Bitcoin Python libraries, and the cryptocurrency marketplace site Egora.
Also, in 2012, he won a bronze in the International Olympiad in Informatics.
Moreover, Forbes listed Vitalik on Forbes 30 under 30 list, 2018. Further, Fortune also recognized him in Fortune 40 under 40 list, 2016, and Fortune the ledger 40 under 40 lists, 2018.
Furthermore, in 2018, Vitalik was honored by the Honorary doctorate by the University of Basel, Switzerland, on the Faculty of Business and Economics.
|Full name||Vitaly Dmitriyevich Vitalik Buterin|
|Date of Birth||January 31, 1994|
|Height||185 cm (6 ft 1 in)|
|Skin tone/ complexion||White|
|Education||University of Waterloo (dropped out)|
|Parents||Dmitry Buterin (Father)
Natalia Ameline (Mother)
|Profession||Writer, Programmer, entrepreneur|
|Active Since||2014- present|
|Known For||Ethereum, Bitcoin Magazine|
|Fields of expertise||Digital contracts, digital currencies, game theory|
|Net Worth||$1 billion|
|Main source of Income||cryptocurrencies|
|Last Update||March 2023|
Vitalik Buterin Net Worth and Income
Vitalik Buterin, the co-founder of cryptocurrency Etherium, programmer, and writer, has a whopping net worth of $1 billion.
The major source of his income is the value of the Etherium cryptocurrency that he owns. Besides, he possesses several other virtual currencies and also receives a big salary from Ethereum Foundation.
However, the net worth of Vitalik Buterin changes daily and sometimes in a wide range due to the change in the value of cryptocurrencies.
Moreover, Vitalik owns about 352,000 Eethereum currencies.
He was also the world’s youngest crypto billionaire with $21 billion net worth for a brief period of time in May 2021, when the price of Ethereum was as high as $3374.
Other cryptocurrencies owned by Vitalik are Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE), Zcash (ZEC), etc. He has stated that the value of other currencies owned by Buterin is worth less than 10% of the value of Ethereum.
Further, he also owns tokens named OmiseGo (OMG), a Kyber Network token (KNC), Maker (MKR), and Augur (REP) with values not exceeding 10% of Ethereum value.
Further, he receives a yearly $144,000 salary from the Ethereum Foundation. The payment is made in the Swiss franc, which makes 135,000 CHF for his annual salary.
Besides, he also has corporate shares in Clearmatics and StarkWare startups. Both of them have made millions of profits. However, the exact earning of Buterin from them is not known.
Net Worth of Vitalik Buterin in Different Currencies
Let’s have a look into Vitalik Buterin’s net worth in different currencies, including the cryptocurrency BitCoin.
|Pound Sterling||£ 727,915,000|
|Australian Dollar||A$ 1,367,054,000|
|Canadian Dollar||C$ 1,261,925,000|
|Indian Rupee||₹ 73,029,500,000|
Vitalik Buterin: House and Cars
Vitalik Buterin does not own a house at present. He lived most of his childhood and teenage in Toronto, Canada.
Moreover, as Ethereum was founded in Switzerland, Vitalik lived there for several years. Further, Vitalik now lives in Singapore but travels to different countries most of the time.
Vitalik Buterin does not own any cars or other vehicles at the moment.
Vitalik Buterin: Lifestyle and Vacations
Vitalik Buterin emigrated to Canada along with his parents at the age of six. He showed great interest and talent in maths at the age of 7.
Moreover, recognizing his capacity, Vitalik, the school placed him in a class for gifted children. In his special class, Buterin could study maths, coding, and economics. He also started to code at the age of 9.
When he was acquainted with Bitcoin from his father at the age of 17, he thought it was a useless concept. But after a short period of time, he started reading anything and everything about it.
After proposing the white paper of Ethereum in 2013, Vitalik received Thiel Fellowship with a grant of $100,000. Hence he dropped out of college and gave full time to Ethereum.
Vitalik Buterin, at present, is not in a mood to get a vacation to himself. However, he travels around the world meeting heads of state and CEOs and educating them on the potential of Ethereum.
Vitalik Buterin: Charity
With his immense value in the cryptocurrency world, Vitalik has been involved in several philanthropic activities since 2017. Most of his donations are made with different virtual currencies.
In 2017, Vitalik donated $763,970 value of Ether to the Machine Intelligence Research Institute (MIRI).
Moreover, in 2018 he donated $2.4 million worth of Ether to research on rejuvenation biotechnologies and human life extension through the SENS Research Foundation in California, USA.
Further, in 2020 he again donated $50,000 to the SENS Research Foundation to research aging and aging-related diseases.
Furthermore, Buterin donated to India’s Crypto Covid relief fund in 2021. He donated $1.14 billion worth of SHIBA coins.
Besides, in 2021, he granted $336 million worth of Dogelon Mars to the Methuselah Foundation. The amount was provided with 430 trillion Dogelon Mars for research on extending human lifespan.
Vitalik Buterin: Movies, Investments, Endorsements, and Publications
Vitalik Buterin has acted on three different documentaries about Bitcoin to date.
Documentaries starring Vitalik are The Rise, and The Rise of Bitcoin (2014), Bitcoin: The End of Money as We Know It (2015), Cryptopia: Bitcoin, and Blockchains and the Future of the Internet (2020).
In 2021, a TV series called Stoner Cats also featured Vitalik.
Moreover, one documentary about Ethereum called Ethereum: The Infinite Garden (2021) is being documented to release in 2023. The documentary will feature Vitalik. It was also able to collect 1,035.96 ETH from crowdfunding within two days in July 2021.
Vitalik Buterin has made several wise investments which have made him a millionaire at a very young age.
Buterin’s first investment was Bitcoin Magazine. He co-founded the magazine in 2011, which is the first publication dedicated to articles and news related to cryptocurrencies.
Moreover, Buterin was the lead writer to the magazine when it started.
Vitalik has also invested in startup companies like Clearmatics and StarkWare. He also founded a Stateless Vault for holding and managing crypto-currencies called Neutvault.
Further, his biggest investment is Ethereum blockchain cryptocurrency.
Vitalik Buterin is a well-known writer. He started his writing as an article writer in Bitcoin Weekly in 2011 when he used to get 5 Bitcoins per article.
Later he worked as a lead writer for Bitcoin Magazine, which he had cofounded.
Besides, in 2019, Vitalik, economist Glen Weyl and a Ph.D. student Zoe Hitzig published a paper entitled “A Flexible Design for Funding Public Goods.”
Vitalik Buterin Career
Vitalik Buterin started his career in cryptocurrency by writing articles and co-founding the Bitcoin magazine in 2012.
Moreover, his journey with Ethereum started when he made its white paper in 2013 and cofounded it in 2014.
3 Facts on Vitalik Buterin
In 2016, Buterin held a position on the editorial board of Ledger and peer-reviewed a scholarly journal on the subjects of cryptocurrency and blockchain technology.
In June 2017, there was a huge drop in the value of Ethereum due to fake news about Vitalik’s death.
Vitalik had a very sharp mind from a very young age and was able to make calculations in his head twice the speed of other students.
3 FAQS on Vitalik Buterin
Why did Vitalik Buterin make Ethereum?
After learning about Bitcoin from his father, he studied further about it. Then he realized that Bitcoin had limited functionality, and he could create a new cryptocurrency by iterating the bitcoin blockchain.
Hence, he created the Ethereum blockchain to make cryptocurrency Ether.
How many languages does Vitalik Buterin speak?
Vitalik Buterin speaks 3 languages fluently. They are English, Russian, and Mandarin Chinese.
Does Vitalik Buterin own the largest amount of Ether?
Yes, Vitalik is the most prominent owner of Ether and at present.
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