Arkham has updated a report detailing the wealth of Ethereum founder Vitalik Buterin, estimating his net worth to be at least $833.83 million.
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 co-founder of Ethereum, where he received a significant allocation of the altcoin upon 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 cryptocurrency 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 like StarkNet. However, over the years, Buterin’s ETH holdings have declined, in part due to sell-offs and the network’s inflationary design.
At the same time, Buterin’s ETH holdings have consistently represented a small fraction of the total, in line with his claim of never holding more than 0.9%.
When comparing his holdings to other major ETH holders, Buterin stands out as the top individual holder, while entities such as exchanges and institutional managers dominate the top spots. Despite fluctuations in cryptocurrency prices, Buterin’s wealth remains closely tied to his cryptocurrency investments, including non-ETH tokens such as KNCL, WETH, and DEGEN.
Gamza KhanzadaevThe estimated net worth of nearly $1 billion should be considered a conservative figure. The existence of undisclosed holdings and possible non-crypto assets could make the actual figure even higher.
