Ethereum co-founder Vitalik Buterin has quietly joined the billion-dollar club, with his on-chain assets now valued at over $1.02 billion. This milestone comes on the heels of Ether reaching a price of $4,000 for the first time in eight months, showcasing the continued growth and success of the Ethereum network.
The majority of Buterin’s portfolio consists of Ethereum itself, with around 240,000 ETH worth approximately $1.014 billion. This significant holding is a testament to his pivotal role in co-creating the network and his unwavering dedication to its advancement. Ethereum has been a driving force behind numerous blockchain innovations, from decentralized finance (DeFi) to non-fungible tokens (NFTs), and Buterin’s substantial holdings reflect his deep-rooted connection to the project’s prosperity.
In addition to his Ethereum holdings, Buterin also owns 2,906 Aave Ethereum (AETHWETH) tokens, as well as smaller crypto assets such as WhiteRock (WHITE), Moo Deng (MOODENG), and Wrapped Ethereum (WETH). While these holdings may be less valuable than his Ethereum stack, they demonstrate his willingness to explore various assets within the ecosystem.
One notable aspect of Buterin’s wealth is its transparency, as every token in his disclosed wallets is trackable in real-time on the blockchain. He first became a crypto billionaire at the age of 27 in May 2021, when Ether surpassed $3,000, with approximately 333,500 ETH valued at $1.02 billion. Despite previous assertions that he never owned more than 0.9% of Ethereum’s supply and that his net worth had never approached $1 billion, the rising price of ETH and growing institutional interest have propelled his fortune.
Recent data indicates that U.S.-based spot Ether ETFs have recorded $461 million in net inflows, further underscoring the increasing institutional interest in Ethereum. As of now, ETH is trading around $4,201 with a market cap of $507.8 billion, highlighting the continued growth and potential of the Ethereum network under Buterin’s leadership.