Record-Breaking Ethereum Makes Its Developer The Youngest Crypto Billionaire1 min read

Vitalik Buterin

Ethereum, which takes its highest value record one step up every day, has made its developer Vitalik Buterin the youngest crypto billionaire in the world. The total value of ETHs owned by Buterin is over $1.1 billion.

Ethereum, or ETH for short, the world’s second most popular cryptocurrency after Bitcoin, has succeeded in making its developer a billionaire. Vitalik Buterin, one of the co-developers of Ethereum, has captured the title of the world’s youngest crypto billionaire with 333,520 ETH in his wallet, although he is only 27 years old.

Ethereum, which has increased its value by 325 percent since the beginning of the year, is currently trading at $ 3,365, according to CoinMarketCap data. This means that Vitalik Buterin, which has 333,520 ETH, has a total fortune of 1 billion 122 million 294 thousand dollars. Moreover; As Ethereum increases its value, so does Buterin’s wealth.

Born in Russia in January 1994, Vitalik Buterin later immigrated to Canada with her family. Buterin, who founded Bitcoin Magazine with Mihai Alisie, one of the founders of Ethereum at the age of 18, and shared articles on cryptocurrency and blockchain in 2012, was awarded with the Thiel Scholarship in 2014 and launched the Ethereum project a year later.

Bitcoin remains the most popular cryptocurrency with a market cap of $ 1 trillion. Ethereum, on the other hand, is the second most popular cryptocurrency after Bitcoin with $ 389 billion. While it seems unlikely that Ethereum will surpass Bitcoin, at least in the short term, it does not seem likely to leave its second place.

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