Founder of Ethereum Vitalik Buterin Net Worth
It has been only 10 years since the launch of cryptocurrency in this world. The world was introduced to a new type of digital currency just a decade back. And in these 10 years, it has been a roller coaster ride. The crypto industry has seen many ups and downs. The first cryptocurrency invented was bitcoin, and since then it has been a hot favorite of investors. People have been accumulating it since its inception and whomsoever have held it with patience has got a tremendous amount of returns.
In the year 2017, the crypto world has seen a major bull run that has given many people great returns but it couldn’t sustain and fell down. But from the second half of the year 2020, we are witnessing a major bull run in the industry that is in no chance of fading away because it is fueled by major market players.
With the recent surge in cryptocurrency prices, this industry has produced many millionaires. And the fun fact is this industry has given more millionaires than any other industry. That only proves the number of returns produced by cryptocurrencies. One of the millionaires is Vitalik Buterin, the founder and creator of Ethereum.
This article will focus on this young mind and his net worth.
Early Life
Vitalik Buterin was born on January 31st, 1994 in Kolomna, Moscow Oblast, Russia. In the year 2000, his parents have moved to Canada for better opportunities, at that time he was six years old. Vitalik was a born genius when he was in the third standard he was admitted to a class of gifted minds and he could solve three-digit sums in his mind. Then in the year 2012, he studied at the University of Waterloo in Canada but didn’t complete his studies and dropout in the year 2014.
Buterin has heard about bitcoin from his father in the year 2011 but didn’t invest in it. Later he has got a job writing articles in exchange for that he would get 5 bitcoins. Then in the same year, he has joined a new online publication called bitcoin magazine as the co-founder. Bitcoin Magazine has become one of the biggest news websites for cryptocurrencies. He was a co-founder of that company till the year 2014.
Also Read : Justin Sun Net Worth
Ethereum
When he was working in the magazine, he has got the idea of another cryptocurrency based on different blockchain technology. He wrote the whitepaper and called it Ethereum. And then it got good reviews by the experts and he filled for the ICO. ICO was also received with great response and raised around 31000 bitcoins. In the year 2016, Vitalik has revealed that he holds 630000 ethereum. Then later he declared that he has sold 25% of his holding for $1 million. After that he has acquired more ethereum or sold more holding is not known by anyone.
Vitalik Buterin’s Net worth
He is just 26 years old today and already has become a millionaire. Vitalik is a genius and he was interested in science. His interest was so great that at the young age of 10 years old, he was able to create computer games.
He was interested in the idea of a decentralized virtual currency. But soon he realized the limitation of the Bitcoin blockchain system. And that was the time he decided to launch a new network that we currently know as Ethereum. It is predicted that the current net worth of Vitalik Buterin is between $400 to $500 million.
Crypto held by Vitalik Buterin
Although the exact number of cryptocurrencies held is not known by anybody, but it is reported that he is holding another cryptocurrency as well apart from ethereum. Some of the cryptocurrencies held by Vitalik Butelin are,
Ethereum
Non- Etherum based token – Bitcoin Cash [BCH], Bitcoin [BTC], Dogecoin [DOGE], Zcash [ZEC]
Ethereum based tokens – Kyber Network [KNC], Maker [MKR], OmsieGo [OMG], Augur [REP]
Also Read : Warren Buffett
IQ of Vitalik Butelin
An 18 years old boy tends to be confused about his future career options and Vitalik has launched ethereum at that age. This is proof that he is a genius because otherwise, it is not possible to launch a whole new blockchain network. Reportedly the IQ of Vitalik Butelin is between 140-160, which is very high, and similar IQ people are Albert Einstein & famous physicist Richard Feynman.
Awards
Naturally, this young genius boy has received many awards and recognition for his achievements and some of them are,
Theil fellowship award in the year 2014
Fortune 40 under 40 in the year 2016
Forbes 30 under 30 in the year 2018
Fortune, The Ledger, 40 under 40 in the year 2018
Honorary doctorate, the University of Basel in the year 2018
This young boy has a very bright future ahead, and with the growing popularity of Ethereum, its value will also increase the future we can surely see him on the list of youngest billionaires in a few years. When he has already done and achieved so much in his life in just 26 years, then in the coming future he can achieve so much that nobody could imagine.
3 Comments