Ethereum has managed to become the center of attention because the price of this cryptocurrency has skyrocketed in recent months. This has made ethereum creator to be youngest billionaire.
Quoting from Forbes, Ethereum has a market capitalization of US $ 376 billion. This value ranks second after Bitcoin which now has assets of US $ 1.08 trillion. This means that Ethereum has managed to match Bitcoin and is in second place in cryptocurrency.
Vitalik Buterin created Ethereum. He is a Russian-Canadian programmer who is only 27 years old. Buterin managed to create Ethereum in 2019 when he was 19 years old.
How Much is Buterin’s Wealth?
Ethereum was officially launched in 2015. Quoting from CNN, to date Buterin has pocketed around 333,500 Ethereum chips.
If the number of Ethereum chips belonging to Buterin multiplies with the highest ether record of US $ 3,500 on Tuesday (4/5/2021) yesterday, then Buterin has earned more than US $ 1.1 billion.
Buterin’s journey started in 2012, where he founded a publication, Bitcoin Magazine which discusses Bitcoin and other Cryptocurrencies.
In 2014, he was selected to be part of Peter Thiel’s Thiel Fellowship. Peter Thiel gives US $ 100 thousand for young people who want to innovate by making new things rather than just sitting in a classroom.
Reporting from Bloomberg, Buterin is also the Co-Founder of Bitcoin Magazine, Co-Founder of the Ethereum Foundation, and General Partner at Fenbushi Capital.
Currently, Ethereum is the second largest digital currency by market value, behind Bitcoin. The price of Ethereum has more than quadrupled by 2021, soaring 375 percent.
According to CoinMarketCap, the total value of all ethereum in circulation currently is around US $ 403 billion with one Ethereum priced at US $ 3,482 as of Tuesday (4/5/2021).
