Vitaly Dmitriyevich Vitalik Buterin, a Russian-Canadian programmer, author, and co-founder of the most famous cryptocurrency Ethereum, has a staggering net worth of $1 billion. Vitalik Buterin was born on January 31, 1994, in Moscow, Russia, to Dmitry Buterin and Natalia Ameline. His father, Dmitry, is a computer scientist, and he heard about Bitcoin when he was 17 years old.
Buterin then created a white paper on Ethereum in less than two years. Ether, the cryptocurrency of the Ethereum blockchain, is quickly becoming the second largest cryptocurrency in the world. Furthermore, Gavin Wood and Vitalik Buterin founded Ethereum in 2014. Vitalik is now a prominent speaker at every crypto-related event around the world, supporting many blockchain-based enterprises. Buterin has contributed to various open source projects, including DarkWallet, the Bitcoin Python library, and the Egora Bitcoin marketplace. He also won bronze in the International Olympiad in Informatics in 2012. Vitalik was also included in the Forbes 30 under 30 list in 2018. Furthermore, he was included in the Fortune 40 under 40 list in 2016 and the Fortune the ledger 40 under 40 list in 2018. Vitalik also was awarded an honorary doctorate by the University of Basel, Switzerland, in the Faculty of Business and Economics in 2018.
Vitalik Buterin Net Worth and Salary
Vitalik Buterin, co-founder of the Ethereum cryptocurrency, programmer and author, has a fortune of $1 billion. The value of the Ethereum cryptocurrency it holds is its main source of income. He also owns many other virtual currencies and is paid handsomely 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 coins. He is also the youngest crypto billionaire in the world, with a net worth of $21 billion as of May 2021, when the price of Ethereum reached $3374. Vitalik also owns Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE), Zcash (ZEC), and other cryptocurrencies. He has shown that the value of other Buterin currencies is less than 10% of the value of Ethereum. He also has tokens called OmiseGo (OMG), Kyber Network tokens (KNC), Maker (MKR), and Augur (REP) with a value that does not exceed 10% of the Ethereum value.
In addition, the Ethereum Foundation pays him $144,000 annually. Payments are made in Swiss francs, making his annual income 135,000 CHF. He also holds business interests in the firms Clearmatics and StarkWare. They both have earned millions of dollars. However, Buterin’s actual income from them is unknown.
Way of life
Vitalik Buterin moved to Canada with his parents when he was six years old. At the age of seven, he had a strong interest and skill in mathematics. Furthermore, recognizing Vitalik’s talent, the school placed him in the gifted class. Buterin probably studied math, coding and economics in his special class. He also started coding at the age of nine. When he was 17, he was introduced to Bitcoin by his father and believed it to be a meaningless notion. But, after a short time, he started reading everything and anything about it.
Vitalik got a $100,000 Thiel Fellowship after proposing an Ethereum white paper in 2013. As a result, he dropped out of college to devote his full attention to Ethereum.
Vitalik Buterin: Charity
Vitalik has participated in various humanitarian efforts since 2017 due to his immense interest in the bitcoin sector. The majority of his contributions are given in various virtual currencies. Vitalik gave $763,970 in Ether to the Machine Intelligence Research Institute (MIRI) in 2017.
Furthermore, in 2018, he gave $2.4 million in Ether to the SENS Research Foundation in California, USA, for research on rejuvenation biotechnology and human life extension. In addition, he will give $50,000 to the SENS Research Foundation in 2020 to fund research on aging and age-related disorders. Furthermore, in 2021, Buterin is contributing 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. A total of 430 trillion Dogelons Mars is earmarked for research into extending human life. So far, Vitalik Buterin has appeared in three separate Bitcoin movies. The Rise and Rise of Bitcoin (2014), Bitcoin: The End of Money as We Know It (2015), and Cryptopia: Bitcoin and Blockchains and the Future of the Internet (2020) are all documentaries featuring Vitalik.
Movies & Investments
Vitalik appeared in the TV show Stoner Cats in 2021. Furthermore, a documentary titled Ethereum: The Infinite Garden (2021) is scheduled to be released in 2023. Vitalik will appear in the documentary. In July 2021, it was also able to raise 1,035.96 ETH through crowdfunding in two days. Vitalik Buterin made many brilliant decisions that helped him become a millionaire at such a young age.
Bitcoin Magazine was Buterin’s first investment. In 2011, he co-founded the magazine, which was the first to publish stories and news about cryptocurrencies. Furthermore, Buterin was the magazine’s first lead writer. Vitalik has also made investments in startups such as Clearmatics and StarkWare. He also founded Neutvault, a Stateless Vault to store and manage cryptocurrencies. Furthermore, its most significant investment is in the Ethereum blockchain cryptocurrency.
Publishing
Vitalik Buterin is a brilliant author. He started working as an article writer for Bitcoin Weekly in 2011, earning 5 Bitcoins per piece. He later became the lead writer for Bitcoin Magazine, which he co-founded. Furthermore, Vitalik, economist Glen Weyl, and Ph.D. student Zoe Hitzig released a paper in 2019 titled “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 with Ethereum began when he wrote its white paper in 2013 and co-founded it in 2014.
Categories: Biography
Source: SCHOOL TRANG DAI
