Vitalik Buterin Net Worth In 2023: Vitalik Buterin Biography, Net Worth 2023, Age, Earnings, House, Life Story, And His Investments. Vitalik Buterin is a visionary in the world of cryptocurrency and blockchain technology. He is the co-founder of Ethereum, the second-largest cryptocurrency by market capitalization, and his net worth is estimated to be around $1 billion as of 2023.
Vitalik Buterin: Introduction
The Man Behind Ethereum
Vitalik Buterin Net Worth In 2023: Ethereum’s 27-year-old co-founder, Vitalik Buterin, has reclaimed the title of the world’s youngest crypto billionaire thanks to ether’s latest gains. Forbes estimates his total wealth at $1.46 billion. Vitalik Buterin is a well-known name in the world of cryptocurrency and blockchain technology. He is the co-founder of Ethereum, the second-largest cryptocurrency by market capitalization. In this article, we will take a closer look at Vitalik Buterin’s biography, net worth, age, earnings, house, life story, and investments.
The man who co-created Ethereum
Vitalik Buterin Net Worth In 2023: He is best known as the creator of Ethereum, a blockchain platform that functions as a global computer for decentralized applications, or DApps. Buterin spent six months in 2013 traveling the world to meet with Bitcoin (BTC) developers. He realized that by iterating on the Bitcoin blockchain, he might create a new, maybe greater version.
To demonstrate this concept, he connected Bitcoin to a calculator and a future blockchain to a smartphone, using the same notion of increasing the system’s power by making it more general-purpose to blockchain networks. Bitcoin was the first cryptocurrency, and Ether (ETH) is a digital currency built on the Ethereum blockchain network.
Vitalik Buterin Biography, Life, Career, Education
Vitalik Buterin Net Worth In 2023: Ethereum’s 27-year-old co-founder Vitalik Buterin was born on January 31, 1994, in Kolomna, Russia. He moved to Canada with his family at a young age and grew up in Toronto. Buterin’s interest in technology and programming began at a young age, and he began to teach himself code at the age of 10. Buterin attended the University of Waterloo in Canada, where he studied computer science and mathematics. However, he dropped out of university to pursue his interest in cryptocurrency full-time.
Co-creator of a cryptocurrency called Ethereum and a well-passionate Canadian programmer was born in Russia on 31 January 1994. His full name is ‘Vitaly Dmitriyevich Buterin.’This 28-year-old guy has set a new parameter, such as being the youngest Cryptocurrency billionaire in the world of a bitcoin Blockchain system. According to most reports and sources, his net worth will be around 1.46 billion in Jan 2023. He let us know by his tweets that his ETH holding was at that time 355,000 ETH. Based on this information, he has a lot of digital assets.
|Vitaly Dmitriyevich Vitalik Buterin
|Date of Birth
|January 31, 1994
|Dmitry Buterin (Father)
Natalia Ameline (Mother)
|The University of Waterloo (dropped out)
|Writer, Programmer, entrepreneur
|Ethereum, Bitcoin Magazine
|The main source of Income
|185 cm (6 ft 1 in)
|Skin tone/ complexion
Born in Kolomna, Russia, Vitalik Buterin is the son of Dmitry and Natalia Buterin. His father was a computer scientist, and Vitalik lived in Russia until he was six. His parents immigrated to Canada to give him a better life away from Russian influence. During third grade, Vitalik was pulled from regular classes to attend classes for students gifted in math and science.
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.
Blockchain Technology Career
Vitalik Buterin Net Worth In 2023: Beginning sometime in the year 2007, Vitalik became an avid player of the online roleplaying game, World of Warcraft. From 2007 until 2010, Vitalik spent hours collecting weapons and advancing in the vast storyline of the game. It all came to a halt in 2010 when Blizzard removed the damage component of the Siphon Life spell of his warlock game character. Vitalik has admitted to having been profoundly affected by this incident which even made him cry himself to sleep on the night that it happened.
Being a deeply philosophical person, this incident brought home to him the problems that are inherent in centralized services. He soon quit playing World of Warcraft and set out to pursue other interests.
Vitalik Buterin Net Worth In 2023: Buterin attended Abelard School, a private school in Toronto. Buterin had his first encounter with Bitcoin at age 17 while attending the University of Waterloo. Interestingly, his father introduced him to the world of crypto. Vitalik studied advanced courses in cryptography at school, earning a position as a research assistant for Ian Goldberg, the co-creator of Off-the-Record Messaging. He was also the former chairman of the Tor project.
Vitalik won a bronze medal in the 2012 International Olympiad in Informatics. He used his success to collaborate will other developers around the world. He would return to Toronto to write his white paper for the Ethereum blockchain. Billionaire Peter Thiel’s ‘Theil Fellowship’ offered Vitalik a $100,000 grant in 2014, causing him to drop out of university to start working on Ethereum full-time. In 2018, Buterin received an honorary doctorate from the Faculty of Business and Economics of the University of Basel.
Vitalik Buterin: House and Cars
Ethereum’s 27-year-old co-founder 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.
Ethereum’s 27-year-old co-founder Vitalik Buterin does not own any cars or other vehicles at the moment.
Vitalik Buterin: Lifestyle and Vacations
Vitalik Buterin Net Worth In 2023: 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 on 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.
Ethereum’s 27-year-old co-founder Vitalik Buterin, at present, is not in the 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 Net Worth in 2023
Vitalik Buterin Net Wort in millions
Vitalik Buterin Net Worth In [year]: As of 2022, Vitalik Buterin’s net worth is estimated to be around $1 billion. This is primarily due to his large holdings of Ethereum, which make up the majority of his net worth. At the start of 2021, ETH was trading at $730.99 per token, giving Vitalik a fortune of $258 million. However, ETH reached an all-time high of $4,818.08 on November 8, 2021, giving his Ethereum wallet a value of $1.5 billion.
At one point — before donating or burning — Ethereum’s 27-year-old co-founder Vitalik held 505 billion SHIB, 50 billion AKITA, and 500 billion Dogecoin, worth billions at the time. Let’s have a look at Vitalik Buterin’s net worth in different currencies, including the cryptocurrency BitCoin.
Net Worth of Vitalik Buterin in Different Currencies
|Pound Sterling £
|Australian Dollar A$
|Canadian Dollar C$
|Indian Rupee ₹
Vitalik Buterin: Movies, Investments, Endorsements, and Publications
Vitalik Buterin Net Worth In [year]: Ethereum’s 27-year-old co-founder Vitalik Buterin has acted in 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 Ethereum’s 27-year-old co-founder Vitalik. It was also able to collect 1,035.96 ETH from crowdfunding within two days in July 2021.
Vitalik Buterin Net Worth In [year]: Ethereum’s 27-year-old co-founder Vitalik Buterin has made several wise investments that 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 of the magazine when it started. Ethereum’s 27-year-old co-founder 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 the Ethereum blockchain cryptocurrency.
He also owns Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE), Zcash (ZEC), and other cryptocurrencies. He has stated that the value of Buterin’s other currencies is less than 10% of the value of Ethereum. Vitalik also owns tokens called OmiseGo (OMG), a Kyber Network token (KNC), Maker (MKR), and Augur (REP), with values that do not exceed 10% of the value of Ethereum.
In addition, the Ethereum Foundation pays him $144,000 per year. The payment is made in Swiss francs, making his annual salary 135,000 CHF. He also has corporate stakes in the startups Clearmatics and StarkWare. They’ve both made millions of dollars.
Vitalik Buterin Net Worth In [year]: Ethereum’s 27-year-old co-founder 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 Ph.D. student Zoe Hitzig published a paper entitled “A Flexible Design for Funding Public Goods.”
Buterin’s Achievements and Philanthropy
Vitalik Buterin Net Worth In [year]: Ethereum’s 27-year-old co-founder Buterin (who dropped out of university) has an honorary doctorate from the University of Basel in addition to receiving a Peter Thiel Fellowship for the development of Ethereum. His other achievements include a bronze medal in the 24th International Olympiad in Informatics in 2012. Buterin is a very generous philanthropist. His contributions began in 2017 when he donated more than $750,000 in ETH to the Machine Intelligence Research Institute, an organization dedicated to the development of safer artificial intelligence. Buterin has since donated more than $1 billion in cryptocurrencies to various organizations around the world.
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 at twice the speed of other students.
Vitalik Buterin: Charity
Vitalik Buterin Net Worth In [year]: With his immense value in the cryptocurrency world, Ethereum’s 27-year-old co-founder 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 rejuvenation biotechnologies and human life extension through the SENS Research Foundation in California, USA.
Check Also: 5 Ethereum Investment Tips For Beginners
Frequently Asked Questions (FAQs)
Is Vitalik Buterin a billionaire?
Sometimes Vitalik Buterin is a billionaire. At the peak of the 2021 crypto bull market, Buterin was worth around $1.5 billion. Since his net worth is mostly in crypto, his status as a billionaire fluctuates considerably.
How many ETH does Vitalik Buterin own?
Vitalik Buterin holds around 290,000 ETH across two known wallets.
How rich is Vitalik Buterin?
With an estimated net worth fluctuating around $1.5 billion, Vitalik Buterin is the founder of the Ethereum blockchain and one of the biggest names in crypto.
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 at present.
What is Vitalik Buterin’s IQ?
Vitalik Buterin used his time to co-found and work on several startups in cryptocurrency and digital finance. Vitalik Buterin’s also well-known for having an IQ level of 257.
Is Vitalik Buterin a genius?
The founder of Ethereum has an unusually high IQ of 257. Considering that Vitalik Buterin was merely 19 when he launched his immensely successful cryptocurrency, the fact that Vitalik Buterin’s IQ makes him a genius isn’t hard to believe.
Did Vitalik burn SHIB?
Vitalik Buterin admits that he burned 90% of the SHIB tokens sent to him to avoid a concentration of monetary power. The burn process was not easy and required him to purchase a new laptop.