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

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,

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.