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 stems primarily from his role as the co-founder of Ethereum, where he received a significant allocation of the altcoin during its launch in July 2015. At its peak in 2021, the value of his holdings briefly pushed him into billionaire status, as ETH surpassed $3,000 per token.
Alex DovbnyaCurrently, Buterin's known crypto holdings amount to 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 decreased, in part due to sales and the inflationary design of the network.
At the same time, Buterin's ETH holdings have consistently represented a small fraction of the total, in line with his claim to never hold more than 0.9%.
When comparing his holdings to other top ETH holders, Buterin stands out as the leading individual holder, while entities such as exchanges and institutional managers dominate the top ranks. Despite fluctuations in crypto prices, Buterin's wealth remains closely tied to his crypto investments, including non-ETH tokens such as KNCL, WETH and DEGEN.
Gamza KhanzadaevThe estimated net worth of almost a billion dollars should be considered a conservative figure. The existence of undisclosed holdings and potential non-crypto assets could push the actual number higher.
Arman Shirinyan
Alex Dovbnya
Vladislav Sopov
Dan Burgin
U.Today Editorial Team