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 at least $833.83 million.

Buterin’s wealth comes mainly from his role as co-founder of Ethereumwhere he received a significant allocation from the altcoin when it launched in July 2015. At its peak in 2021, the value of his holdings briefly propelled him to billionaire status, with ETH surpassing $3,000 by 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 to never hold more than 0.9%.

ETH to USD by CoinMarketCap

Comparing its holdings to those of other major companies, ETH holders, Buterin stands out as the largest individual holder, while entities such as exchanges and institutional managers dominate the top ranks. Despite the fluctuations in cryptocurrency prices, 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 nearly $1 billion should be considered a conservative figure. The existence of undisclosed holdings and potential non-crypto assets could push the actual figure higher.

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 raising awareness about cryptocurrencies and blockchain.

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