Ethereum co-founder Vitalik Buterin has an estimated fortune of over $300 million that takes into account one of his publicly known crypto-currency wallets. However, Vitalik Buterin may have a much higher fortune. as his investments and other crypto-currency holdings are not publicly known.
Who is Vitalik Buterin?
Vitalik Buterin is the co-founder of Ethereum and one of the leading figures in the crypto-currency and blockchain industry. He was born in 1994 in Russia, but has spent most of his life in Canada. Buterin developed an interest in bitcoin at a young age and became involved in the crypto-currency community while still in high school. In 2011, he co-founded Bitcoin Magazine, which has often been considered the first serious crypto publication.
In the 2013 white paper, A Peer-to-Peer Electronic Currency System.he proposed the creation of Ethereum, a decentralized platform that would allow the creation of smart contracts and decentralized applications (dApps).
Buterin’s vision for the Ethereum blockchain was to create a decentralized platform that would allow developers to build and deploy dApps on top of it. He believed this would allow for greater transparency and security, as well as the ability to create applications that are not controlled by a single entity. The Ethereum team raised 31,500 BTC in its ICO, and the mainnet was officially launched in 2015. It has since become one of the world’s leading blockchain platforms, with a market capitalization of approximately $150 billion as of December 2022.
Buterin is a highly influential figure in the crypto-currency and blockchain community and is frequently asked for his insights and opinions on the industry. He has received numerous awards and accolades for his work, including the World Technology Award for Information Technology in 2014 and the Peter Thiel Fellowship in 2014. Buterin has also been recognized as one of the 100 most influential people in the world by Time Magazine.
What will Vitalik Buterin’s fortune be in 2023? Examining the Ethereum founder’s crypto-currency portfolio
Vitalik Buterin has a crypto portfolio that contains $305,197,377 in various types of coins and assets, as of December 23, 2022. There are also 4119 NFTs in the wallet, although their exact value is unknown.
In total, Buterin’s portfolio has 644 different types of coins and tokens. The vast majority of the portfolio’s total funds are in Ethereum (ETH), with over $305 million.
Crypto-currency | Quantity | Value in USD | % of total assets Total assets |
---|---|---|---|
Ethereum | 250.001 ETH | $305,051,232 | ~99.9% |
0xBitcoin | 210 050 0xBTC | $32,982 | ~0.01% |
yfarm.finance | 25 YFM | $1,185 | ~0.0004% |
Jetcoin | 100,000 JET | $974 | ~0.0003% |
Pomi | 2,000,000,000 POMI | $820 | ~0.0003% |
The reason for this large number of different types of digital currencies is that random crypto holders send crypto funds to Buterin’s wallet address, which is known to everyone. This explains the extremely small holdings for some tokens, such as less than a penny of Constitution DAO, or a few dollars of Meta Doge, for example.
As mentioned earlier, it is virtually impossible to accurately determine Vitalik Buterin’s wealth due to the nature of private investments. However, an interesting exchange that occurred on social media in November seems to suggest that the crypto portfolio holdings and Buterin’s actual wealth appear to be aligned.
$1b is still much more than I have
– vitalik.eth (@VitalikButerin) November 9, 2022
In the immediate collapse of FTX, one Twitter user noted. that Sam Bankman-Fried’s fortune has fallen to $1 billion, to which Buterin replied, “1 billion dollars is still a lot more than I own“.
$1b is still much more than I have
– vitalik.eth (@VitalikButerin) November 9, 2022
How much Ethereum (ETH) does Vitalik own?
Buterin has 250,001 ETH in his portfolio as of December 23, 2022, which is worth over $305 million. The highest number of Ethereum in Buterin’s portfolio was 325,001 and was recorded in July 2021, according to Etherscan data.
The recent decline in crypto-currencies has had a noticeable negative impact on Vitalik’s wealth. At the peak of Ethereum’s value last November, Buterin held more than $1.5 billion in ETH in his crypto-currency portfolio.
Vitalik’s crypto-currency ventures
Vitalik has also been involved in a number of blockchain projects. These include the L4 research group, which focuses on the scalability of blockchain technology, and the Plasma group, which works on ways to improve the scalability and security of Ethereum.
Buterin is also involved in other projects and initiatives, such as the Ethereum Foundation, which supports the development of Ethereum, and the Zcash Foundation, which supports the development of the privacy-focused Zcash crypto-currency (ZEC). Overall, Buterin is a major contributor to the blockchain industry and an advocate for decentralization, smart contracts, and open source code.
Final Thoughts: Vitalik Buterin controls the 26th most important ETH address.
Buterin is a well-known figure in the crypto space and is respected for his technical and philosophical contributions to the industry. He is widely regarded as one of the leading voices in the industry and his direct and deep involvement in Ethereum has made him one of the wealthiest individuals in crypto.
According to Etherscan’s list of the largest Ethereum account balances, Buterin is placed number 26 and accounts for about 0.207% of all ETH in circulation. This makes him one of the largest individual ETH owners, at least in terms of the amount of funds deposited in a single account.
Buterin’s crypto-currency portfolios narrowly surpass the fortune of Justin Sun, another prominent crypto-currency figure and the founder of the TRON crypto-currency.
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