Vitalik Buterin

17 August, 2023

Vitalik Buterin co-founded Ethereum, the second-largest cryptocurrency by market capitalization. Known for his thought leadership, he has 6.8 million online followers. Plus, Vitalik has managed to build a $600 million net worth, with $45 million in off-chain assets.

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vitalik review
Vitalik Buterin, @VitalikButerin
4.8
Pros
  • Founder of Ethereum and Bitcoin Magazine.
  • 6,8 million followers across channels.
  • Net worth of $600 million.
Cons
  • Criticized for market manipulation.
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  • Known for being the mastermind behind Ethereum and the evolution of Web3 space, Vitalik has 6.8 million followers.
  • As of 2023, Vitalik has amassed a net worth of $600 million. 
  • He has been subject to a lot of criticism for alleged market manipulation and controversial insights.
Vitalik Buterin - Founder of Ethereum.
Vitalik Buterin – Founder of Ethereum.
CategoryEntrepreneur
FounderEthereum
Net Worth$600 Million
Followers6.8 Million
Date of BirthJan 31, 1994 (29 years old)
Place of BirthKolomna, Russia
NationalityCanadian

Social Media 

X: ​​4.9M (@VitalikButerin)

Instagram: 1.7M (@vitalik.eth.official)

LinkedIn: 435 (@vitalikbuterin)

Facebook: 139K (@vitalikbuterinca)

Tiktok: 50.2K (@vitalikbuterin.ethereum)

Who is Vitalik Buterin?

Born in Russia in 1994, Vitalik Buterin is a Canadian computer programmer and founder of Ethereum, the second-largest blockchain.

He was introduced to Bitcoin by his father in 2011 and started writing for Bitcoin Magazine in his teens. 

In 2015, after being involved in discussions, he devised an idea to develop Ethereum for smart contracts. Vitalik is one of the most well-known figures in the Web3 space.

Vitalik Buterik - Founder of Ethereum.
Vitalik Buterin – Founder of Ethereum.

What are Vitalik Buterin’s achievements?

Founding Ethereum

Back in July 2015, Vitalik co-founded Ethereum alongside Gavin Wood. This innovative blockchain concept brought forth practicality beyond what Bitcoin offered.

Through its support for decentralized applications (dApps) and tokens, Ethereum has broadened its potential in real-world applications.

Ethereum.
Ethereum (ERC-20).

Influence on the Crypto

He frequently speaks at events and conferences with recent appearances, including Ethereum Community Conference 2023 and Web Summit.

In addition to that, Vitalk has been an influential figure in guiding the community through the transitions from proof-of-work to proof-of-stake, the Ethereum 2.0 upgrade.

Another key influence has been his support for numerous projects, including DEXs, dApps, DAOs, Layer-2 solutions, and cross-chain bridges, focusing solely on securing the blockchain ecosystem.

What is Vitalik Buterin’s Net Worth?

In 2023, Vitalik Buterin has an approximate net worth of $600 million. This sum encompasses about $555 million from his Ethereum on-chain assets (0xab, 0xD0 & 0x22) and an additional $45 million off-chain holdings.

Despite his substantial wealth, Buterin plays a pivotal role in Ethereum’s development, leading research on social recovery and zero-knowledge proofs.

He is also known for his generous philanthropy. For instance, in 2021, Buterin gifted $1.2 billion in SHIB tokens to CryptoRelief, and in 2022, he contributed $9.4 million in USDC to the University of Maryland for UV light research.

Controversies and Challenges

Following a $50 million hack in 2016, Buterin and his team decided to perform a hard fork on the Ethereum blockchain. They rewrote the blockchain history and reversed the hack, which came under heavy criticism from the community. 

Many people accused Buterin of hypocrisy after criticizing ICOs in 2017, labeling them hyped, crowdfunded projects. He even warned of leaving the crypto world if real-world applications weren’t prioritized.

Vitalik’s $1.2 billion donation to India’s COVID fund sparked a wave of volatility as exchanges struggled to handle the sudden surge in demand and transactions. It caused the token’s price to plummet 50%, attracting criticism for his foresight and market manipulation.

vitalik Controversies
Controversies connected to a hard fork, ICO, and Covid fund.

The Rise or Fall?

Regardless of whether you agree with his views, it’s undeniable that he has made a significant impact on the blockchain world.

Moreover, Vitalik has been a pivotal force behind the rise of DeFi and NFTs, both of which are now major sectors in the industry. Coupled with the evolution of Ethereum, it’s clear that his influence in this realm will persist.

Looking ahead, we anticipate him playing a crucial role in the advancement of emerging technologies, such as Zero-knowledge proofs, quantum-resistant cryptography, and decentralized identity.

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Net Worth
  • $1.4 Billion
Followers
  • 3.1 Million
Founders
  • MicroStrategy

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  • $1.4 Billion Net Worth.

  • Owns 17,732 Bitcoin.

  • Accused of insider trading.

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