Ethereum
Here’s How Rich Ethereum Founder Vitalik Buterin Really Is
Gamza Khanzadaev
Vitalik Buterin’s Net Worth Deciphered by Updated Arkham Intelligence Report
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Arkham has updated a report detailing the wealth of Ethereum founder Vitalik Buterin, estimating his net worth to be at least $833.83 million.
Buterin’s wealth mainly comes from his role as co-founder of Ethereumwhere he received a significant allocation of the altcoin when it launched in July 2015. At its peak in 2021, the value of his holdings briefly pushed him to billionaire status, with ETH surpassing $3,000 per token.
Currently, Buterin’s known crypto holdings stand at approximately 245,278 ETH, valued at $831.2 million. These holdings represent a significant portion of his net worth, which also includes investments in projects such as StarkNet. However, over the years, Buterin’s ETH holdings have declined, in part due to sales and the network’s inflationary design.
Source: Arkham Secret Service
At the same time, Buterin’s ETH holdings have always been a small fraction of the total, consistent with his claim of never holding more than 0.9%.
ETH to USD by CoinMarketCap
Comparing its assets to those of other large companies, ETH holders, Buterin stands out as the largest individual holder, while entities such as exchanges and institutional managers dominate the top ranks. Despite cryptocurrency price fluctuations, Buterin’s wealth remains closely tied to his crypto investments, including non-ETH tokens such as KNCL, WETH, and DEGEN.
The estimated net worth of almost $1 billion should be considered a conservative figure. The existence of undisclosed securities and potential non-crypto assets could cause the actual number to increase.
About the Author
Gamza Khanzadaev
Financial analyst, trader and crypto enthusiast.
Gamza graduated with a degree in Finance and Credit with a specialization in Securities and Financial Derivatives. He then also completed a Master’s program in Banking and Asset Management.
He wants to participate in covering economic and financial technology topics, as well as making more people aware of cryptocurrencies and blockchain.