But thats not all. Yet that's not the number you see right now on Vitalik's public wallet. The gift was given to him by the creators of a dogecoin knockoff called Shiba Inu, aka "SHIB.". Vitalik Buterins net worth is $100 million. Vitalik Buterin, co-creator of Ethereum, recently became one of the world's richest people with a net worth topping $21 billion. Submit a correction suggestion and help us fix it! vitalik.eth (@VitalikButerin) August 17, 2020. Decrypt has tried to reach Buterin directly for independent confirmation. Here's what's happened to SHIB's price in the last few weeks: The value of SHIB has increased more than 700% in the last week alone. That same year, Vitalik dropped out of college to fully concentrate on Etheurem after receiving a $100,000 Thiel Fellowship grant. His selling price is $1,250.3.https://t.co/3tsa4kaHNb pic.twitter.com/ZdWcOaL86Q, Lookonchain (@lookonchain) November 14, 2022. At the start of 2021, ETH was trading at $730.99 per token, giving Vitalik a fortune of $258 million. Earlier this week Vitalik was suddenly one of the richest people in the world with a net worth that topped $21 billion. vitalik.eth (@VitalikButerin) October 10, 2018. For the executive of a multi-billion dollar enterprise this salary seems relatively modest. For security reasons, he explained that the coins. These ERC-20s include Augur (REP), Maker (MKR), Kyber Network (KNC), and OmiseGO (OMG). He is widely regarded as one of the leading voices in the industry and his direct and deep involvement with Ethereum has made him one of the richest individuals in crypto. Source: twitter.com. Ethereum founder Vitalik Buterin sold off his memecoin holdings last night, causing chaos for the cryptocurrencies that burned him the tokens in the first place.. Buterin transferred the likes of Shih Tzu (SHIH), Dogey-Inu (DINU), Huskey Token (HUSKY), Kishu Inu (KISHU), Baby Shiba (BHIBA) and Aidi Inu (AIDI) to Uniswap in return for Wrapped Ethereum (WETH). Hes already sold about 60 million XRP this month; the sales netted him $95.4 million. Buterin also has a substantial portion of his wealth in cash. research and events with special focus on electronic trading, banking, and Buterin disclosed his main ether address in October 2018, and until approximately six hours ago, the wallet held more than 320,000 ether, the blockchains native cryptocurrency. Varying amounts of the 3,000 ETH were swapped into USDC, USDT, DAI, and wrapped Bitcoinbut ultimately, the entire amount was converted into USDC. As I type this article right now, Vitalik's unwittingly gifted collection of 505 billion SHIB are worth. What's inside Vitalik's Wallet. He holds a little over $1 billion of Ethereum in a single wallet. The Co-Founder of Ethereum remained vocal about his views on Bitcoin Buterin also has substantial cash holdings, estimated at $12 million, as well as a salary somewhere between $140,000 and $250,000. He has disclosed that he earns a six-figure salary from the Ethereum Foundation. These ERC-20s include Augur (REP), Maker (MKR), Kyber Network (KNC), and OmiseGO (OMG). Buterin wasnt rich prior to creating Ethereum. Since then, the prices for these coins have fluctuated substantially, in line with the massive amounts of volatility in the market. Ethereum co-creator Vitalik Buterin has moved $1.3 billion worth of ether, almost all of his holdings, from his main public address to a separate wallet. Jed McCaleb, the co-founder of Ripple, also has a history of selling his XRP holdings. Ethereum's co-founder Vitalik Buterin, who became the world's youngest known crypto billionaire less than two weeks ago, has donated over $1 billion in crypto to the India Covid Relief Fund and. His SHIB holdings are worth $18 billion. Vitaly "Vitalik" Buterin (born 1994) is a Russian-Canadian computer programmer, and founder of Ethereum.Buterin became involved with cryptocurrency early in its inception, co-founding Bitcoin Magazine in 2011. As we mentioned previously, Vitalik Buterin owns 333,521 ETH. But it is possible he might want to sell a portion given its recent price appreciation. Ether is currently worth $4,100, an increase of 91% over the past month. investing. . Two other. The latest entrant to the crypto billionaire club is Ethereum co-creator Vitalik Buterin. This year weve seen a huge number of things that break because they have a model which is fundamentally bad, Buterin said when asked about FTX and other crypto companies that have collapsed this year. By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our, With Congress Impotent, Courts Are the Only Option for Fighting SEC Overreach, Silvergate Closes SEN Platform Institutions Used to Move Money to Crypto Exchanges, Binance.US Is Operating 'Unregistered Securities Exchange,' SEC Official Says, The Rise and Fall of Silvergates Crypto Business. The magazine is considered the first serious publication dedicated exclusively to cryptocurrency news and information. Proceeds go to civilian efforts helping Ukrainians suffering from the war", "Binance Announces $10 Million Donation to Ukraine: Ethereum Creator Vitalik Announces UkraineDAO", "Ethereum's Russian-born cofounder has been quietly supporting a DAO that raised $8 million in crypto for Ukraine. Nov 19, 2022 Binance CEO CZ begins working on Vitalik Buterin's 'safe CEX' ideas While long-term solutions will need the involvement of multisig and social recovery wallets, Buterin pointed. Every time that same piece of art is re-sold in the future, the blockchain will send part of the new purchase price back to Beeple. . Three transactions of 1,000 ETH each were sent from the wallet ending in 52b0 to Uniswap and then further split into denominations of different stablecoins, according to Etherscan data. Initially he dismissed it, but Buterin eventually connected with the . His first major windfall was in 2014. ETHs market dominance currently stands at around 16%, its highest level on record. As explained in the Shiba Token Woof Paper: "We sent over 50% of the TOTAL supply to Vitalik. Of the total supply, 50% was put into Uniswap and the other 50% was "burned," or sent to Ethereum founder Vitalik Buterin's wallet. Buterin developed an interest in Bitcoin at a young age and became involved in the cryptocurrency community while still in high school. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Manage Cookies, Vitalik Buterins Ethereum Holdings Reach $1 Billion. The public ETH address of the Co-Funder of Ethereum, Vitalik Buterin now holds over 333,500 Ethereum, making him a crypto billionaire. The latest surge in the worlds second-largest cryptocurrency has pushed the total value of Buterins ETH holdings above $1 billion. In March of 2019, in a now-deleted tweet, Buterin said that his fiat holdings are well under $30m, attributed to $8 million in charitable contributions he disclosed. Please enter your email address. Ethereum The price of Ethereum surged to an all-time high of $3,188 today. The crypto crash of the past few days has shocked investors around the world. Vitalik Buterin compared the eight founders of the ethereum blockchain to JRR Tolkien's close-knit "fellowship of the ring", according to the Financial Times. T hanks to Reddit's r/Ethereum community, I've had the privilege of following Vitalik Buterin's career from early on, which is why I've taken a certain . A wallet believed to be controlled by Ethereum co-founder Vitalik Buterin sold 3,000 ETH over the weekend, converting the cryptocurrency into U.S. Dollar-backed stablecoins via the decentralized exchange Uniswap. Vitalik Buterin is a Russian-Canadian computer programmer best known as a co-founder of the Ethereum network. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. For example, in a traditional music catalog sale like when Bob Dylan sells his copyrights for $400 million the artist takes a huge chunk of money to relinquish all future income from the music. The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. I think the initial creator must have sent him some) $1 million worth of Free Coin (wtf!) However, the current salary of Vitalik Buterin is estimated to be somewhere between 140,000 and 250,000 USD. A recent investigation has revealed that Vitalik Buterin has moved more than $1.3 billion worth of ether from his main Ethereum address to another account. The community has closely watched Buterins addresses for fear that a huge sell-off indicates that the market has peaked. and how the weather like from 9 to 14 oct 2010. appreciate all information. Ether's distinguishing feature is its focus on digital contracts that potentially have very valuable real-world applications. Anonymous play on awesome games - sign up now for 25 free jackpot spins - worth $100s! The Ethereum co-founder further said he would allocate the remaining 10% to charitable organizations while also praising the "dog token community" for its generosity. Currently, the wallet holds 333,520 ETH, or just over $1.06 . The transaction, which has been overlooked thanks in part to news Buterin donated more than $1 billion worth of a different cryptocurrency to India Covid Relief Fund, appears to be the largest transfer of his ether holdings to date. The reason for the vast number of different types of digital currencies lies in the fact that random crypto holders are sending crypto funds to Buterins publicly known wallet address. Be a smarter, safer investor in eight weeks. The network has come a long way since its inception, "but more still needs to be done," he concluded. Private Company. Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Yea I got that. According to Etherescan, the public Ethereum address of Buterin now has 333,520 ETH with a total value of $1.05 billion. Buterin has other ETH addresses as well but they are small compared to his main public address. Photo Illustration by The Daily Beast / Photo GettyThe world's youngest crypto billionaire donated approximately $1.5 billion to a COVID relief fund and other charitiespaid out almost entirely in a selection of meme cryptocurrencies named for different dog breeds that then tanked in value.Vitalik Buterin, whose personal fortune first surpassed $1 billion early last week, donated several . Buterin, who attended LaBitConf in Argentina last week, expressed his disapproval of FTX CEO Sam Bankman-Fried hours before the funds were moved. Making businesses accept a specific coin goes against the "ideals of freedom . Ethereum is currently trading above $3,150 with a market cap of more than $365 billion. This is a truly insane story that only makes sense in the completely bonkers crypto world. Vitalik Buterin Burns $6B in SHIB Tokens, Says He Doesn't Want the 'Power' - CoinDesk Consensus Magazine Webinars Indices About Markets Finance Technology Web3 Policy Sponsored Content. "I've decided to burn 90% of the remaining Shiba tokens in my wallet," Mr Buterin - whose holdings in SHIB . Les tentatives d'envoi d'une deuxime transaction ont chou. Finally, he owns equity in two multi-million dollar startups, Clearmatics and StarkWare. Buterin disclosed his main ether. En 2022, Vitalik Buterin a une nouvelle fois fait les frais des frais de transactions. ETH is the only significant crypto holding in Vitalik Buterins wallet. When you combine all of these holdings, Vitalik Buterin's net worth is, At $16.3 billion net worth, according to our list of the richest people in the world, Vitalik Buterin currently ranks at, (Photo by John Phillips/Getty Images for TechCrunch). Copyright 2023 "Finance Magnates CY Ltd." All Others in the foundation (ie. However, Vitalik Buterins net worth could be much higher, as his investments and other crypto holdings are not publicly known. A wallet believed to be controlled by Ethereum co-founder Vitalik Buterin sold 3,000 ETH over the weekend, converting the cryptocurrency into U.S. Dollar-backed stablecoinsvia the decentralized exchange Uniswap. The 27-year-old Russian-Canadian programmer. The wallet also owns the, But thats not all. In a few hours he converted $60 million to Ether and donated the proceeds to various charities. However, ETH reached an all-time high of $4,818.08 on November 8, 2021, giving his Ethereum wallet a value of $1.5 billion. Vitalik Buterin Net Worth. Ethereums price has fallen roughly 21% in the past week, following news of FTXs financial troubles and subsequent collapse which affected the broader crypto market. In his recent blog post, Vitalik Buterin recalled his experiences when he tried to pay for a cup of tea with bitcoin in 2013 and when he tried the same in later years.The Ethereum co-founder tried to pay for a cup of tea in Argentina in 2013. The news of Buterins actions has not had any significant effect on SHIBs price, despite a small bump to $0.00001880 immediately after, according to CoinGecko. On a related note, give our article on Elon Musk's net worth a read to learn how he became the first person in history to lose $200 billion. SHIB/USD. 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. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. Buterin is a well-known figure in the crypto space and is respected for his technical and philosophical contributions to the industry. This gave the foundation and its founders a little under 12 million ETH, which now represents about 11% of the circulating supply. His dad is even more involved", https://en.wikipedia.org/w/index.php?title=Vitalik_Buterin&oldid=1142537120, Russian activists against the 2022 Russian invasion of Ukraine, Short description is different from Wikidata, All Wikipedia articles written in Canadian English, Articles with unsourced statements from January 2023, Wikipedia articles in need of updating from August 2021, All Wikipedia articles in need of updating, Articles containing Russian-language text, Creative Commons Attribution-ShareAlike License 3.0, World Technology Award in the IT Software category, 2014, Donation of $1.14 billion USD worth of 50,693,552,078,053, Donation of $336 million worth of 430 trillion, This page was last edited on 2 March 2023, at 23:57. The price of Ethereum has risen 400% since January alone. Vitalik Buterins current salary is estimated at somewhere between $140,000 and $250,000. That year he dropped out, at 20 years old, after receiving $100,000 through a Thiel Fellowship. Read this Term, is now a crypto billionaire. Probing the intersection of crypto and government. The price roughly doubled in the time I began writing this article on Sunday afternoon, May 9 and Monday morning, May 10. Read this Term, ETH and other cryptocurrency assets. Today, Vitalik Buterins cryptocurrency portfolio amounts to roughly $82 million, composed mostly of Ethereum, Bitcoin, Bitcoin Cash, Doge, and Zcash. Vitalik Buterin's website . Roger Ver - @rogerkver. Vitalik Buterin isn't among them even though the meltdown wiped out a huge chunk of his personal wealth. The latest moves in crypto markets, in context. In 2014, Buterin deployed the Ethereum blockchain with Dimitry Buterin, [citation needed] Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin. Buterin 2022 2 " . Blatantly fabricating accusations against people in the Ethereum space is unacceptable. Take a loot at what's happened in the middle of 2018 and in the last few months: As of this writing, Ethereum has a market cap of $450 billion. While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, weve gone a long way ever since a Florida resident Laszlo Hanyecz made BTCs first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa Johns.One could now argue that 2 years after learning about Bitcoin, at the age of 19, he wrote the Ethereum whitepaper. Moreover, he has stated that his salary is roughly 144,000 USD per year. Latest 25 from a total of 996 transactions, Latest 25 internal transactions (View All). There is no greatness without a vulnerable point and as . From there his wealth only grew. While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, weve gone a long way ever since a Florida resident Laszlo Hanyecz made BTCs first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa Johns.One could now argue that We calculated his net worth. Keep track of your holdings and explore over 10,000 cryptocurrencies. CoinCodex is a cryptocurrency data website that tracks 23380 cryptocurrencies trading on 420 exchanges and provides live crypto prices. Ethereum co-founder Vitalik Buterin donated $1 billion worth of shiba inu coin a dogecoin spinoff to a Covid-19 relief fund in India . ***UPDATE*** As of 8pm EST on Monday, Vitalik's net worth is actually $21 billion!!! His family moved to Canada when he was six. Ethereum also enables the creation Distributed Applications, or dapps. Buterin is not the only founder of a blockchain project known for selling their substantial holdings. It increased nearly 4,000% the week of 4/20. While merely moving ones cryptocurrency might not typically constitute breaking news, Buterins move is notable as it is among the first times the inventor of Ethereum moved the vast majority of his own stake. This makes him one of the largest individual ETH owners, at least in terms of the amount of funds deposited into a single account. By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. . Buterin, who attended LaBitConf in Argentina last week, expressed his disapproval of FTX CEO, This year weve seen a huge number of things that break because they have a model which is fundamentally bad, Buterin. Of that $21 billion, roughly $1.3 billion came from his stash of 333,000. Vitalik Buterin moved 30,000 ETH out of his main wallet to the one used for sales, gifts and donations to charities. But Buterin is a confirmed HODLer: the last time he sold ETH was in August 2020, when he sold 13,333 ETH for $5.2 millionback then, the price was just below $390. Ethereum registered an all-time high of $3,200 today after a jump of more than 10% within the last 24 hours. I lose a lot of reputation. Thinly veiled as them burning half the coins in circulation, but they probably still own a shit ton of SHIB.". The fast growth in the meme token, according to the Ethereum co-founder, was so significant that many people know about the meme coin but not much about Ethereum. The latest spike in the price of the second-largest cryptocurrency in the world has forced the total value of the ETH holdings of Buterinn above $1 billion. This is more . Buterin has 250,001 ETH in his wallet as of December 23, 2022, worth over $305 million. The second most valuable wallet collects deposits to Ethereum 2.0; that wallet holds 4.137 million ETH ($1.3 billion). Vitalik Buterin isn't among them -- even though the meltdown wiped out a huge chunk of his personal wealth. This introductory paper was originally published in 2014 by Vitalik Buterin, the founder of Ethereum, before the project's launch in 2015. His public wallet shows that the value of Ether in his portfolio reduced to $870 million on Thursday morning from $1.1 billion on Wednesday morning. Decrypt has tried to reach Buterin directly for independent confirmation. In total, Buterins wallet has 644 different types of coins and tokens. Wallet developers should start thinking much more explicitly about privacy . Varying amounts of the 3,000 ETH were swapped into. On Feb. 28, Vitalik Buterin published a blog post on his experiences using Ethereum for payments. The worlds second-most valuable cryptocurrency crossed the market cap of $350 billion and became more valuable than the Bank of America. . He disclosed that he sold and donated an unspecified part of his ETH holdings for fiat when the price of ETH was $700, or almost half the previous top of $1,300 observed in January 2018. By the way, Vitalik disclosed it himself publicly on Twitter, this is not a violation of his privacy: https://twitter.com/VitalikButerin/status/1050126908589887488, Vitalik's wallet address: https://etherscan.io/address/0xab5801a7d398351b8be11c439e05c5b3259aec9b, 333,520 Ether (valued at around $776 million), $78 million worth of Akita Inu (wtf! The second-largest cryptocurrency by market cap is now worth about $1,234, according to CoinGecko price data, down from $1,605 the previous week. When you include Vitalik's holdings, SHIB is the 12th-largest cryptocurrency in the world. At the current ETH price, Buterin's Ether holdings on his main wallet "VB" amount to over $470 million. Understanding EthereumEthereum boasts its own programming language, From there, he was able to secure a six-figure salary from the Ethereum Foundation, the non-profit born out of the raise. 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B, A wallet address is a publicly available address that allows its owner to receive funds from another party. Analysts predict a. He was born in 1994 in Russia, but spent most of his early life in Canada. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.