Vitaly Dmitriyevich Vitalik Buterin, a Russian-Canadian programmer, writer, and the most famous co-founder of the Ethereum cryptocurrency, has a net worth of a staggering $1 billion. Vitalik Buterin was born on January 31, 1994 in Moscow, Russia to Dmitry Buterin and Natalia Amelina. His father, Dmitry, was a computer scientist, and he heard about Bitcoin when he was 17 years old.
Buterin then produced a whitepaper on Ethereum in less than two years. Ether, the Ethereum blockchain cryptocurrency, has quickly become the second largest cryptocurrency in the world. Furthermore, Gavin Wood and Vitalik Buterin founded Ethereum in 2014. Vitalik is currently a featured speaker at all crypto-related events around the world, championing numerous blockchain-based businesses. Buterin has contributed to various open source projects, including DarkWallet, Bitcoin Python libraries, and Bitcoin marketplace Egora. He also won bronze at the International Olympiad in Informatics in 2012. Vitalik was also listed in Forbes 30 under 30 2018. Furthermore, he was listed in Fortune 40 under 40 in 2016 and Fortune the ledger 40 under 40 in 2018. Vitalik was also awarded an honorary PhD, University of Basel, Switzerland, Faculty of Business and Economics, 2018.
Vitalik Buterin net worth and salary
Vitalik Buterin, co-founder of the Ethereum cryptocurrency, developer and author, has a fortune of one billion dollars. The value of the Ethereum cryptocurrency he owns is the primary source of his income. He also owns numerous other virtual currencies and is well paid by the Ethereum Foundation. However, Vitalik Buterin’s net worth fluctuates daily, often dramatically, due to fluctuations in the value of cryptocurrencies.
Vitalik also holds around 352,000 Ethereum currency. He was also the world’s youngest crypto millionaire, with a net worth of $21 billion in May 2021, when the price of Ethereum reached $3,374. Vitalik also owns Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE), Zcash (ZEC) and other cryptocurrencies. He indicated that the value of Buterin’s other currencies is less than 10% of the value of Ethereum. It also has tokens called OmiseGo (OMG), Kyber Network token (KNC), Maker (MKR) and Augur (REP) with values not exceeding 10% of Ethereum value.
In addition, the Ethereum Foundation pays him $144,000 every year. The payout is paid in Swiss francs, making his annual income 135,000 CHF. It also has business interests in Clearmatics and StarkWare. Both have made millions of dollars. However, it is not known how much Buterin’s real earnings are from them.
Lifestyle
Vitalik Buterin moved to Canada with his parents when he was six years old. At the age of seven, he had a great interest and skill in mathematics. Furthermore, recognizing Vitalik’s talent, the school included him in the gifted class. Buterin can learn math, coding and economics in his specialized class. He also started coding at the age of nine. When he was 17, his father introduced him to Bitcoin and he believed it was a meaningless concept. But after a short time he started reading everything and anything about it.
Vitalik received a $100,000 Thiel Fellowship after proposing a white paper on Ethereum in 2013. As a result, he dropped out of college to devote his attention to Ethereum.
Vitalik Buterin: Charity
Vitalik has been involved in various humanitarian efforts since 2017 due to his immense importance in the bitcoin sector. Most of his contributions are made in different virtual currencies. In 2017, Vitalik gave $763,970 in ether to the Machine Intelligence Research Institute (MIRI).
Furthermore, in 2018, he gave $2.4 million in ether to the SENS Research Foundation in California, USA, to research biotechnologies for rejuvenating and extending human life. In addition, in 2020, he will give $50,000 to the SENS Research Foundation to fund research on aging and aging-related disorders. Furthermore, in 2021, Buterin contributed to India’s Crypto Covid Relief Fund. He gave away $1.14 billion in SHIBA coins.
Furthermore, in 2021, he donated $336 million to Dogelon Mars to the Methuselah Foundation. An amount of 430 trillion Dogelon Mars has been set aside for research into extending human life. So far, Vitalik Buterin has appeared in three separate Bitcoin films. The Rise and Rise of Bitcoin (2014), Bitcoin: The End of Money as We Know It (2015) and Cryptopia: Bitcoin and Blockchain and the Future of the Internet (2020) are documentaries with Vitalik.
Movies and investments
Vitalik appeared on the TV show Stoner Cats in 2021. Furthermore, a documentary called Ethereum: The Infinite Garden (2021) is scheduled to be released in 2023. Vitalik will appear in the documentary. In July 2021, he also managed to raise 1035.96 ETH via crowdfunding in two days. Vitalik Buterin made many excellent decisions that helped him become a billionaire at such a young age.
Bitcoin Magazine was Buterin’s first investment. In 2011, he co-founded the magazine that was the first to publish stories and news about cryptocurrencies. Furthermore, Buterin was the magazine’s first chief writer. Vitalik has also invested in startups such as Clearmatics and StarkWare. He also established Neutvault, a Stateless Vault for storing and managing cryptocurrency. Furthermore, its most significant investment is in the Ethereum blockchain cryptocurrency.
Publications
Vitalik Buterin is a successful writer. He started working as an article writer for Bitcoin Weekly in 2011, earning 5 Bitcoins a piece. He then became the lead writer for Bitcoin Magazine, which he co-founded. Furthermore, Vitalik, economist Glen Weyl and Ph.D. student Zoe Hitzig published a paper in 2019 entitled “Flexible design for financing public goods”.
Vitalik Buterin’s professional career
Vitalik Buterin started his Bitcoin career in 2012 by authoring articles and co-founding Bitcoin magazine. Furthermore, his involvement in Ethereum started when he wrote its white paper in 2013 and co-founded it in 2014.
Categories: Entertaintment
Source: HIS Education