According to U.Today, a recent report by Arkham has updated the estimated net worth of Ethereum co-founder Vitalik Buterin to be at least $833.83 million. Buterin's wealth primarily comes from his significant allocation of the altcoin during Ethereum's launch in July 2015. In 2021, the value of his holdings briefly pushed him into billionaire status when ETH surpassed $3,000 per token.
Buterin's known crypto holdings currently 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 such as StarkNet. Over the years, Buterin's ETH holdings have decreased, partly due to sales and the inflationary design of the network. Despite this, Buterin's ETH holdings have consistently represented a small fraction of the total, aligning with his claim to never hold more than 0.9%.
When compared to other top ETH holders, Buterin stands out as the leading individual holder, while entities such as exchanges and institutional managers dominate the top ranks. Despite fluctuations in crypto 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 almost a billion dollars should be considered a conservative figure. The existence of undisclosed holdings and potential non-crypto assets could push the actual number higher.