Ethereum co-founder Vitalik Buterin has reclaimed billionaire status as Ethereum (ETH) soared to $4,332, with his personal wealth predominantly fueled by holdings of the cryptocurrency. Buterin’s financial position has experienced dramatic fluctuations tied to ETH’s volatile price movements.
Buterin first achieved billionaire status in May 2021 at age 27 when ETH peaked at $4,868, but lost the title during 2022’s bear market amid an 80% price collapse by June 2022. His wealth rebound mirrors Ethereum’s recovery as the asset approached $4,332.
The majority of Buterin’s net worth stems from his pre-mine allocation of ETH, rendering his financial standing exceptionally responsive to market volatility. His 2021 philanthropic contribution of over $1 billion worth of Shiba Inu (SHIB) tokens to India COVID-19 relief fund CryptoRelief further marked his financial journey.
While Buterin remains among cryptocurrency’s wealthiest individuals, he ranks below industry figures including Binance founder Changpeng Zhao and Coinbase CEO Brian Armstrong in total net worth.