Vitalik Buterin is one among the foremost prestigious people in crypto. He has massed substantial revenue because of his role in making Ethereum.
We calculated his net worth.
Buterin wasn’t wealthy before creating Ethereum. His 1st major windfall was in 2013. That year he dropped out, at 20 years old, once receiving $100,000 through a Thiel Fellowship. From there, his wealth grew.
The initial coin offer for Ethereum began in July 2014 and raised Bitcoin price, at the time, $18.3 million. From there, he was bracing to secure a six-figure regular payment from the Ethereum Foundation, the non-profit born out of the raise.
However, his principal supply of revenue is that of the many thousands of Ethereum tokens he was fit to hold on to from the cryptocurrency’s pre-mine. This gave the muse and its founders a touch beneath twelve million ETH, that represents concerning 11% of the current supply.
Though Buterin hasn’t publically unconcealed his wealth position, his wallet addresses and public statements are enough to generate a favorable estimate.
The Ethereum co-founder only had a few hundreds of dollars to his name seven years ago. He's now worth up to $200 million.
▪️Ethereum co-founder Vitalik Buterin once had to sell half of his Bitcoin to avoid going broke
▪️He disclosed this after tweeting that people should never take out a personal loan to purchase Ethereum unless you know you have future funds
▪️Just last year, his net worth was estimated to be between $100 and $200 million now he hold a huge supply of Ethereum
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