Vitalik Buterin is a CO-Founder of the Ethereum Foundation and core person responsible for establishing Ethereum as a major currency in the world. He posts Ethereum Improvement Proposals (EIPs) regularly and is actively working on the scaling roadmap for Ethereum. He is also a part of the Zcash Foundation and a consultant for several cryptocurrency projects.
Vitalik Buterin has done a lot of work in cryptocurrency, but he has also worked on other projects like Decentraland, a decentralized virtual world. He also helped start the blockchain technology company Clearmatics.
Would you like to learn more about Vitalik Buterin? This article has information about Vitalik Buterin’s net worth, career, salary, and many other things as of 2022.
Who Is Vitalik Buterin?
Russian-Canadian writer and programmer Vitalik Buterin co-founded and wrote for Bitcoin magazine. He is best known for Ethereum, a blockchain technology that powers DApps.
Buterin interviewed Bitcoin (BTC) developers worldwide in 2013. Iterating on the Bitcoin blockchain allowed him to create a new, better version. He compared Bitcoin to a calculator and a future blockchain to a smartphone to show how making the system more general-purpose strengthens it. Bitcoin was the first cryptocurrency, and Ether (ETH) is a blockchain-based digital money.
Ethereum, the blockchain that powers apps and programs with cryptocurrencies like Ether, was co-created by Buterin. Ethereum’s smart contracts, which are programs, do this.
Vitalik Buterin: Early Life And Education
Vitalik Buterin was born in Kolomna, Russia, to Dmitry and Natalia Buterin. Vitalik lived in Russia till age six with his computer scientist father. He moved to Canada to escape Russian influence. Vitalik was moved to gifted math and science classes in third grade.
Abelard School in Toronto was Buterin’s private school. While attending the University of Waterloo, Buterin first encountered Bitcoin. He was exposed to crypto by his father. Vitalik worked as a research assistant for Ian Goldberg, the co-creator of Off-the-Record Messaging, after taking rigorous cryptography classes. He was Tor’s former chairman.
Vitalik won a bronze medal in informatics at the 2012 International Olympiad. He worked with other developers worldwide after his breakthrough. He would return to Toronto to draft his Ethereum blockchain white paper. Vitalik dropped out of university in 2014 to concentrate full-time on Ethereum after receiving a $100,000 grant from billionaire Peter Thiel’s “Theil Fellowship.” Buterin received an honorary doctorate from the University of Basel Faculty of Business and Economics in 2018.
Vitalik Buterin Net Worth: How rich is the Crypto king?
As of 2022, the man who created Ethereum was no longer worth a billion dollars. His fortune was estimated to be $1.5 billion at its height. Vitalik’s natural outlays contribute to his decline from billionaire status, but the market crash also plays a role. He’s a low-key young man who doesn’t deprive himself of the occasional shopping spree.
His net worth is estimated at $400 million when all his savings are included. If the market recovers and sets new highs, he will once again have the opportunity to become a young millionaire. Such projections for 2023 are frequent, and the current market environment indicates an impending optimistic trend.
Vitalik Buterin: Professional Life
In 2013, he introduced Ethereum in a white paper. In 2014, the Thiel Fellowship granted him $100,000. Peter Thiel, venture entrepreneur and co-founder of PayPal, established the Thiel Fellowship. After receiving the fellowship, Buterin worked full-time on Ethereum. At the Dies Academicus in 2018, Buterin received an honorary doctorate from the University of Basel’s Faculty of Business and Economics.
At 27, he was the world’s youngest crypto millionaire. He became such in May 2021 when Ether, Ethereum’s native coin, reached a milestone. Ether hit 3,000 USD per coin. In 2012, Buterin and Mihai Alise founded Bitcoin Magazine.
Frequently Asked Questions (FAQs)
What is the net worth of Vitalik Buterin?
Vitalik Buterin has an estimated net worth of around $1.5 billion.
How much does Vitalik Buterin make in a year?
Vitalik Buterin’s annual income is over $144,000 per year.
What is Vitalik Buterin age?
Vitalik Buterin was born on January 31, 1994. He is 28 years old at the moment.