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Who Owns Ethereum? How Much ETH Does He Own?

By Barry Stidham
Jun 26, 2024
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Ethereum is the foundation for many emerging technological advances based on blockchain. But Who owns Ethereum? How much ETH does he own? Let's see.

Who Owns Ethereum?

One of the co-founders of Ethereum, Vitaly Dmitriyevich "Vitalik" Buterin. He is a Canadian programmer and author who was born in Russia.

How Much ETH Does Vitalik Have?

In 2018, Vitalik made public the address of his Ethereum wallet, which at the time contained 51.7 ETH, worth about $56,730.

It's intriguing that, despite the wallet's seemingly small size, the majority of its contents have been transferred to multiple addresses. Other wallets containing Ethereum with a value in the hundreds of thousands are retained.

He tweeted the address of his wallet in 2018. Buterin moved the majority of his Ethereum from his public address to another wallet in May 2022. Right now, he owns over 290,000 ETH distributed across both wallets.

How much is Vitalik Buterin worth?

Vitalik Buterin's estimated net worth is $450 million.

Vitalik admits that his money has decreased.

He recognized this in response to a tweet about fellow billionaires Elon Musk and Jeff Bezos, who top the list of the world's richest people.

The Ethereum platform was established in 2014 by Vitalik along with a number of other programmers, notably Charles Hoskinson (founder of Cadano) and Joseph Lubin. A digital wallet belonging to Vitalik contained ETH worth at about $1.5 billion in November.

The second-largest cryptocurrency's value has now decreased by around 55%, turning Vitalik into a "non-billionaire" at this time.

One of several crypto billionaires who have lost a sizable amount of their wealth is Changpeng Zhao, the CEO of Binance (CZ). According to Bloomberg ratings of billionaires, his net worth has collapsed by more than $80 billion (84 percent of his fortune).

Vitalik brought up the subject of seeing his fortune shrink when praising billionaires Elon Musk and Jeff Bezos for their inclination to respond to regular people addressing them on Twitter. However, Buterin complained about the fact that the virtue of big bosses “talking directly to the people ” seems to be less relevant these days.

Who Owns Ethereum? How Much ETH Does He Own? Hopefully reading this article will help you know it better.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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