NET WORTH

Vitalik Buterin Net Worth: Cryptocurrency’s Young Visionary

Vitalik Buterin Net Worth: Cryptocurrency's Young Visionary
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Vitaly Dmitrievich Buterin (born January 31, 1994) is a Canadian computer programmer and co-founder of Ethereum. Buterin became involved with cryptocurrency early on, co-founding Bitcoin Magazine in 2011.

In 2015, Buterin deployed the Ethereum blockchain alongside Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin.

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Vitalik Buterin Net Worth

Vitalik Buterin has a net worth of $400 million. In April 2021, the creators of the SHIB coin gifted Vitalik half of all the SHIB in existence—roughly 505 billion coins. A month later, those coins were worth $8 billion, and by May 10, their value rose to $14 billion, bringing Vitalik’s net worth to $16.3 billion with other holdings.

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On May 12, Vitalik began dumping large amounts of gifted coins, converting $60 million and donating to various charities, including a $1 billion SHIB donation to an India COVID relief fund.

Early life

Vitalik Buterin was born in Kolomna, Russia, to a Russian family. His father, Dmitry, was a computer scientist. At six, Buterin emigrated to Canada with his parents. In grade three, he was placed in a gifted class and developed interests in mathematics, programming, and economics.

He attended The Abelard School in Toronto and later enrolled at the University of Waterloo, where he worked with cryptographer Ian Goldberg. In 2013, Buterin proposed Ethereum and dropped out in 2014 after receiving a Thiel Fellowship. He received an honorary doctorate from the University of Basel in 2018.

Career

In 2011, Buterin began writing for Bitcoin Weekly after meeting someone on a bitcoin forum. He earned five bitcoin for each article he wrote. After the site shut down, Mihai Alisie approached Buterin to co-found Bitcoin Magazine, where he became the first co-founder and leading writer.

Bitcoin Magazine began publishing a print edition in 2012 and is regarded as the first serious publication about cryptocurrencies. Buterin briefly worked with Jed McCaleb at Ripple, but their employment fell apart. He also served on the editorial board of Ledger in 2016.

Personal life

Buterin is the inventor of Ethereum, a “decentralized mining network and software development platform” that allows for the creation of new cryptocurrencies and programs on a single blockchain. He first described Ethereum in a white paper in November 2013, arguing that Bitcoin needed a scripting language for application development.

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When that failed, he proposed a new platform. Buterin announced Ethereum at the North American Bitcoin Conference in Miami on January 26, 2014. In 2020, he expressed gratitude for his work in the interdisciplinary field of Ethereum.

What does Vitalik Buterin do now?

Vitalik Buterin is currently fighting for crypto’s future. Nine years ago, Buterin conceived Ethereum as a way to leverage the blockchain technology underlying Bitcoin for a wide range of uses beyond just currency.

Conclusion

Vitalik Buterin’s journey in the cryptocurrency world, marked by his founding of Ethereum and high IQ, underlines his status as a young visionary in the tech industry.

FAQs about Vitalik Buterin
  1. What is Vitalik Buterin’s net worth?
    • Approximately $400 million.
  2. How did Vitalik Buterin contribute to the crypto world?
    • He co-founded Ethereum and contributed to various blockchain projects.
  3. At what age did Buterin create Ethereum?
    • He started working on Ethereum at the age of 19.
  4. What educational background does Vitalik Buterin have?
    • He attended the University of Waterloo but dropped out to work on Ethereum.
  5. What philanthropic efforts has Buterin been involved in?
    • He has donated to organizations like the Machine Intelligence Research Institute and SENS Research Foundation for aging research.

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