The wealth behind Ethereum founders

The wealth behind Ethereum founders

He has been a prominent figure in the crypto world for years. He once began as an author of profound analyzes for a crypto magazine, according to which he himself found the establishment of the Ethereum network and the associated tokens, Ethereum (ETH) was involved. Of course we speak here of the Russian-Canadian programmer Vitalik Buterin. His assets have grown sharply over the years. Although he keeps a large part of it in cryptocurrencies, the value may be even higher than you might think.

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Crypto wins shrink, but whale preserves 310 million euros from loss

Ethereum founder is worth more than $ 1 billion

Buterin has built up a remarkable portfolio over the years. Of course, most of his assets are made of Ethereum. In his most important wallet he holds a total of 278,524 ETH. With the current courses, this corresponds to a value of more than $ 1 billion.

But that’s not all. In addition to this wallet, the programmer has other digital coins. These are cryptos, which he bought on his own interest, but also some that he received to promote a crypto project. However, he never really advertised projects. Most of the time, he sells these tokens from time to time, whereby the proceeds are donated to charitable purposes.

Although his assets have fluctuated in recent years, it will currently estimated to be significantly more than $ 1 billion. A large part of it is in various digital coins.

Total assets have fluctuated strongly in recent years

Although the Ethereum founder has never sold ETH tokens for his own advantage since 2018, this brought with it considerable price fluctuations. In addition, as a crypto investor, you also know that the value of your portfolio can be subject to large fluctuations. Add this fact and the regular donations to various charitable purposes and crypto projects, and the wave -shaped pattern is complete.

Let’s take a look at the past few years and what the assets of Butterin looked like at the time. In 2021, the total ownership of $ 1.4 billion was estimated. A year later, there were less than half of it than the estimate came to $ 550 million. In the following years there was an upward trend again and the assets rose to $ 600 million in 2023. The following year it grew to $ 960 million and the total amount is now again more than $ 1 billion.

Anyone who thinks that butterin’s portfolio would only consist of Ethereum is wrong. In addition to the large amount of ETH, the programmer has around $ 21.7 million in the StableCoin USD Coin (USDC) and almost $ 800,000 in Kyber Networks Legacy token (KNCL). After these large positions, it is primarily smaller quantities in smaller projects with which butterin is also not very active.

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Adoption of the Baby-Nilpferd Moo Deng

Despite the great property of the Ethereum founder, he regularly deals with various charitable purposes. A current example was the adoption of the Baby-Nilpferd Moo Deng. Buterin was so grateful for his hospitable reception in Thailand that he decided to donate an amount to the baby’s baby.

In total, it was about $ 294,000. He also adopted the animal directly and the zoo should receive this amount for investing in the park in two separate payments.

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