Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K
The co-founder of the world’s biggest and most popular smart contract platform, Vitalik Buterin is now a billionaire.
Buterin’s public Ether address, which he described as his main wallet back in 2018, has hit $1 billion on its balance as Ether’s price rose to $3,000 on Monday.
At the time of writing, the address holds 333,500 ETH which is now worth $1.029 billion, according to on-chain data from Etherscan, as ETH more than quadrupled in value from around $700 at the beginning of 2021.
At publishing time, the world’s largest altcoin and second largest cryptocurrency is trading at $3,180, up over 10% over the past 24 hours, with gains of 30% over the past seven days, according to data from CoinMarketCap.
27-year-old Russian-Canadian developer, Buterin now could be the youngest and self-made billionaire in the cryptocurrency space. Buterin has been generous with his crypto holdings. In late April, he donated 100 Ether and 100 Maker tokens to a COVID-19 relief fund for India.