Crypto Millionaire Valery Vavilov Net Worth

The blockchain revolution was a boon for many personalities, and the best part being the rate of alteration, This crypto space grew exponentially in less than a decade and gave humungous returns to the people who believed in this technology and adapted early. The revolution led by an anonymous figure changed everything in the world of financial reliance, Satoshi Nakamoto, Although we know nothing more than the name behind the bitcoin project but, we shall be thankful to the entity aka Nakamoto for bringing in this technology and for giving us an alternate path to lead our lives and to change the future… He was the first one to point out the flaws in our financial system and show us How insecure it was? The fact that any amount of money can be printed is itself daunting, the concept of inflation and control.

The word cryptocurrency itself has become synonymous with financial security and it is surprising to see the world is still yet to come to terms properly that this is the currency of the future earth. We came together as a community to lead the flag ahead and took the matter into our own hands to change the “System”. Is it just an alias or a real person, we might never come to know but, some real people changed their own lives and are now changing the world with conviction and by showing us the real-world use cases for the technology underlying the cryptocurrencies.

Let’s dig deep into one such personalities life and what made him what he is today, the conditions and we will also look into the Networth he holds.
Let’s talk about the founder of “Bitfury” one of the worlds leading blockchain companies, Mr. Valery Vavilov.

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Introduction

Valery Vavilov was born and brought up in the older province of Latvia of Russia when it was the soviet union. During the collapse of the Soviet Union, Valery Vavilov and his family lost everything to the collapse which gave him the inspiration to look into the field of decentralized money and currency. The motto behind the inspiration was the loss of all his assets such as money and even patents.

He completed his master’s degree in computer science from the Transport and telecommunications institute situated in Riga, the capital of Latvia later he joined the Stanford University of Graduate school of business.

Before laying the foundation of Bitfury, he gained almost 15 years of industry experience in different technical and prominent positions ranging from a software developer to a business and technical advisor in various companies from the year 1998 till 2012.

In 2013, he founded Bitfury the new global leader in blockchain technology developing cutting-edge hardware focused on mining bitcoins.

His goal is to lead the planet towards the revolutionary uses of blockchain technology he says “Bitfury believes the blockchain will open new doors for global economic opportunity and prosperity, and its mission is to create and advance Blockchain applications that will further promote innovation and the advancement of the peer-to-peer economy.”

The story behind the foundation of the company is interesting itself as the technology was at its early primitive stages, It was a challenge for him to raise capital for the company to evolve as it was hard for the days to make people believe and invest so, he founded the company by selling the bitcoins that he mined for as low as 30 dollars.
Valery Vavilov is also one of the members of the World Economic Forum’s Global Fourth Industrial Revolution Council.

Valery vavilov net worth

The net worth of Valery Vavilov is estimated to be around 500 to 700 million US Dollars. It’s unfortunate to know that he had to sell his bitcoins for as low as $30 to keep his dreams fueled otherwise, we can easily speculate his network could have been in billions but, as they say, it’s not all about the money, in fact, he kept building on his dreams and giving the community a better future.