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Arkham Calculates Vitalik Buterin’s Latest Net Worth

2 mins
Updated by Daria Krasnova
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In Brief

  • Vitalik Buterin's net worth surged from $552.86 million to $834.66 million in 2024, primarily due to his Ethereum holdings.
  • Despite his significant wealth, Buterin's ETH have never exceeded 0.9% of the total supply, peaking at 0.91% in 2015.
  • Although Ethereum co-founder's holdings have decreased over the years, he remains the largest individual holder of ETH.
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According to on-chain analytics firm Arkham Intelligence, Vitalik Buterin’s net worth surged from $552.86 million at the start of 2024 to $834.66 million at the time of writing.

Ethereum co-founder’s wealth primarily comes from his substantial ETH holdings and strategic investments in various crypto projects, including StarkNet.

Arkham’s New Estimate of Vitalik Buterin’s Wealth

Buterin’s foray into cryptocurrency began in 2011 when he co-founded Bitcoin Magazine. Dissatisfied with Bitcoin’s limitations, he proposed Ethereum in 2013 to create a more versatile blockchain. When Ethereum launched in 2015, Buterin received a significant portion of its initial supply, forming the bedrock of his wealth.

Buterin’s known ETH holdings, amounting to approximately 245,279 tokens, significantly impact his net worth. The value of these holdings fluctuates with the market prices of Ethereum. 

At the peak of the 2021 bull market, when ETH secured its all-time high of $4,891, his net worth surpassed $2 billion. By the end of 2022, market downturns reduced it by about 75%. Despite this volatility, Buterin’s strategic investments and continued role in Ethereum sustain his financial stature.

Read more: Who Is Vitalik Buterin? An In-Depth Look at Ethereum’s Co-Founder

Vitalik Buterin's Crypto Holdings
Vitalik Buterin’s Crypto Holdings. Source: Arkham

In 2018, Buterin publicly stated that he has never held more than 0.9% of all ETH. This claim appears accurate: his known ETH holdings have never significantly exceeded 0.9% of the total supply, with his highest ownership at 0.91% in 2015. Since then, Buterin’s ETH holdings have been decreasing annually.

However, Buterin remains the largest individual holder of ETH. Ethereum pre-sale investor Rain Lohmus, who holds 250,000 ETH, could challenge this title, but he has lost access to the private keys.

Buterin also owns other digital assets. His top non-ETH holdings include 869,509 KNCL tokens from Kyber Network, where he serves as an advisor, valued at about $473,830, 845,205 STRK tokens from StarkNet, and 248.42 Wrapped Ether (WETH) tokens worth approximately $436,920.

Read more: Ethereum (ETH) Price Prediction 2024/2025/2030

Arkham’s publication caused mixed reactions. Some crypto community members condemned the platform’s actions, arguing that the Ethereum co-founder hardly cares about his net worth.

“I believe that Vitalik Buterin does not care about how much money he has. His wealth lies in blockchain and his belief in what he is doing. Therefore, I do not care if he is the richest man in the world or the poorest. Enter his mind, not his wallet,” one X user said.

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Daria Krasnova
Daria Krasnova is an accomplished editor with over eight years of experience in both traditional finance and crypto industries. She covers a variety of topics, including decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), and real-world assets (RWA). Before joining BeInCrypto, she served as a writer and editor for prominent traditional finance companies, including the Moscow Stock Exchange, ETF provider FinEx, and Raiffeisen Bank. Her work focused on...
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