Ethereum
Here’s How Rich Ethereum Founder Vitalik Buterin Really Is
Gamza Khanzadaev
Vitalik Buterin’s Net Worth Deciphered by Arkham Intelligence’s Updated 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 mainly comes from his role as co-founder of Ethereumwhere he received a significant altcoin allocation when it launched in July 2015. At its peak in 2021, the value of his holdings briefly pushed him to billionaire status, with ETH surpassing $3,000 per token.
Currently, Buterin’s known crypto holdings total 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, partly 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 of never holding more than 0.9%.
ETH to USD by CoinMarketCap
Comparing his holdings to other top 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 securities and potential non-crypto assets could push the actual number 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 fintech topics, as well as raising awareness among more people about cryptocurrencies and blockchain.