Connect with us

Business Man

Vitalik Buterin Net Worth: How Rich is The Canadian-Russian programmer Actually?

Vitalik Buterin Net Worth

Buterin was the founder of the second-largest cryptocurrency, Ethereum, and was a 27-year-old Russian-Canadian programmer and writer. As the Ethereum price jumps above 350%, he becomes the youngest crypto billionaire.

It has reached $3,374.90 since its opening range. According to reports,

Full Name Vitaly Dmitriyevich Buterin
Birth Date January 31, 1994
Birthplace Kolomna, Russia
Profession Programmer and Writer
Relationship Status Single
Net Worth $1 billion
Nationality Canadian, Russian
Achievements/ Awards World Technology
Projects Ethereum, Bitcoin Magazine

Bitcoin Magazine and Ethereum were co-founded by him. When he was 17, his father taught him about bitcoin.

Before becoming the head of Ethereum, Buterin won the Thiel Fellowship for $100,000. In 2011, he co-founded and became lead writer for Bitcoin Magazine after writing articles about bitcoin for five Bitcoin each.

In addition to discovering and co-creating Ethereum, Vitalik Buterin also developed a “software development platform” aimed at facilitating the development of new cryptocurrencies and programs sharing a common blockchain.

A recipient of the World Technology Award in 2014, he was also named to the Forbes 30 under 30 list in 2018 and the Fortune 40 under 40 list in 2016.

Buterin’s Early

Vitalik Buterin was born in Kolomna, Russia, on January 31st, 1994. His parents were Dmitry Buterin and Natalia Ameline.

Dmitry’s father is a computer scientist. His parents moved to Canada when he was six to find better employment opportunities.

When Buterin was in 3rd grade in elementary school, he was classified as a gifted student due to his excellent study skills.

There is still no information available on Vitalik Buterin’s relationship status. There’s no sign he’s looking for a life partner yet. He seems more preoccupied with his job than with looking for one.

A few months back, he revealed a woman as his future girlfriend in a post on Instagram. Several people have been interested in learning what happened to a mysterious lady they once dated.

 

Vitalik Career and Achievements

He attended Abelard School, a private school in Toronto. In later years, he attended the University of Waterloo. The cryptographer worked as a research assistant for a cryptographer at the University of Michigan while he was studying.

As a result of his curiosity regarding coding for cryptocurrencies, he traveled abroad in 2013.

But after his year was up, he went back to Toronto and published a white paper on Ethereum. The Thiel Fellowship awarded him a $100,000 scholarship in 2014, which allowed him to devote more time to working on Ethereum.

His scholarship even led him to quit the University and leave his studies.

Buterin had already been hired by Bitcoin Weekly to write articles for $3.50 when he began working there in 2011. His career as a writer for the Bitcoin Magazine began a few months later. It was Mihai Alise who approached him and invited him to be the first co-founder of the magazine.

Vitalik came up with the novel idea of adding a scripting language to the development of an application for a new platform for bitcoin. In 2014, crowdfunding was used to begin the development process. July 30, 2015, was the launch date for the platform. The first batch consisted of 72 million coins.

The current price of Ethereum is $3374.90, a rise of 350% since its inception. Since August 2018, the price has fallen significantly to $300, which means it has made significant progress.

Bitcoin is the biggest digital currency, with Ethereum coming in second. Over 403 billion dollars is the value of Ethereum’s total market capitalization.

A coin named SHIB created anonymously was gifted to Vitalik by its creators in April 2021. There are approximately 505 billion coins. One month later, those SHIB worth 505 billion were worth $8 billion.

With the combination of those SHIBs and his other holdings, Vitalik’s net worth on May 10 was $16.3 billion.

 

Personal Life of Vitalik

Buterin’s parents, Dmitry Buterin and Natalia Ameline, both computer scientists, were the parents of Buterin, who was born in Kolomna, Russia. He lived in the area until the age of six, when his parents emigrated to Canada for better employment opportunities.

The Canadian student, Buterin, attended a class with gifted children when he was in grade three and was drawn to mathematics, programming, and economics.

Later, Buterin attended the Abelard School in Toronto, a private boarding high school. At the age of 17, Buterin discovered Bitcoin with his father.

Buterin attended the University of Waterloo after high school. His responsibilities there included taking advanced courses and serving as a researcher for cryptographer Ian Goldberg, one of the co-creators of Off-the-Record Messaging and the former chairman of the board of directors of the Tor Project. The International Olympiad in Informatics awarded him a bronze medal in 2012.

The developer visited other countries in 2013 to meet developers who shared his interests. A white paper proposing Ethereum was published later that year in Toronto.

A grant of $100,000 from the Thiel Fellowship, a scholarship created by venture capitalist Peter Thiel, enabled him to stop studying in 2014 and take up full-time work on Ethereum.

The death hoax originating from 4chan was perpetrated on June 25, 2017.  The University of Basel awarded Buterin an honorary doctorate on November 30, 2018 in recognition of the Dies Academicus ceremony.

A COVID-19 relief fund in India received $1 billion worth of Shiba Inu and Ether from him on May 12, 2021

Buterin Net Worth

According to the current Ethereum price, Vitalik Buterin owns more than 1.2 billion Ethereum, which is more than 365,000 Ether.

In addition to Ethereum, he has also worked on the cryptocurrency marketplace site, Agora, and the open-source software project, Dark Wallet.

Donation

Vitalik began dumping large chunks of the gifted altcoins on May 12, 2021. In less than an hour, he transformed $60 million worth of charitable donations. Also, he donated the equivalent of $1 billion SHIB to a fundraising effort for the COVID disaster in India. All the coins he had been gifted were eventually removed from his wallet.

He dropped out of college

Vitalik Buterin, like many other business titans before him, walked out of school to chase his goals, including Mark Zuckerberg, Steve Jobs, and Bill Gates. He was a University of Waterloo student until leaving in 2014 after obtaining $100,000 from the Thiel Fellowship, an initiative that provides $100,000 to 20 talented inventors under the age of 20 so they can explore their ideas and creations without financial constraints. Because of the considerable monetary incentive, he was able to dedicate all of his energies to working on Ethereum full-time.

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured

Celebrity News2 weeks ago

Arnold Schwarzenegger and Sylvester Stallone delve into their intense Hollywood rivalry

Arnold Schwarzenegger and Sylvester Stallone, two iconic action stars of Hollywood, have always had an intense and amusing rivalry that...

Celebrity News2 weeks ago

Amy Robach and T.J. Holmes considering tying the knot

Amy Robach and T.J. Holmes are in a deep discussion about taking their relationship to the next level, considering the...

Celebrity News2 weeks ago

Allegedly, Mary Cosby Calls Lisa Barlow’s Son a Derogatory Term During ‘RHOSLC’ Filming

Mary Cosby allegedly called Lisa Barlow’s 12-year-old son, Henry, a derogatory term in the midst of a heated argument while...

Celebrity News2 weeks ago

Jennifer Lopez turns heads in figure-hugging outfit for evening out with other moms

Jennifer Lopez is proving once again that age is just a number as she stuns in a skintight dress for...

Celebrity News2 weeks ago

Sydney Sweeney expresses regret for sharing photos of her figure on Mexican vacation

Sydney Sweeney, the talented actress from the hit series “Euphoria,” recently found herself at the center of controversy during her...

Celebrity News2 weeks ago

Reaction from Brian McKnight’s estranged son and ex-wife after the singer refers to their children as ‘a result of sin’

The relationship between singer Brian McKnight and his estranged son, Niko McKnight, along with ex-wife Julie McKnight, has recently come...

Celebrity News2 weeks ago

Olivia Munn confesses to concealing ‘battle scars’ from double mastectomy

Olivia Munn bravely opened up about her battle with breast cancer and the struggles she faced while trying to conceal...

Celebrity News2 weeks ago

Matty Healy’s aunt suggests Taylor Swift’s ‘TTPD’ songs may not capture complete romance narrative

Recently, there has been much speculation among fans regarding Taylor Swift’s new album, “The Tortured Poets Department,” and its references...

Celebrity News2 weeks ago

Bethenny Frankel reveals her mother, Bernadette Birk, passed away after battling lung cancer

Bethenny Frankel, the former “Real Housewives of New York City” star, is facing the heartbreaking loss of her mother, Bernadette...

Celebrity News3 weeks ago

AD Smith from ‘Love is Blind’ reveals her must-have beauty products that leave her feeling mesmerized

Amber “AD” Smith, a star from the hit reality show “Love is Blind,” has captured the hearts of viewers with...

Trending