Vitalik Buterin, Ethereum founder the world’s youngest crypto billionaire by rising price
After the price of Ethereum has risen by 350 percent, Vitalik Buterin (co-founder of the crypto coin) is the youngest crypto billionaire in the world. He is only 27 years old.
You can no longer ignore it. Although Bitcoin will retain its dominant place in the crypto market for a while, Ethereum is now a strong runner-up. Since the beginning of this year, ether (ETH) is up a whopping 350 percent. France Crypto predictions is popular.
This has enabled the co-founder of this crypto coin, Vitalik Buterin, to call himself a billionaire at the age of 27. He is currently the youngest crypto billionaire in the world.
1.1 billion euros worth of assets in Ethereum
Vitalik Buterin owns 333521 ether. Since the currency is more than 3,500 euros at the time of writing, the 27-year-old has a converted capital of more than 1.1 billion euros. And it seems that his assets will continue to grow for a while. Changpeng Zhao, the CEO of Binance, and analysts from asset manager Ark Invest, among others, indicate that the currency will rise even further.
This will be partly because more and more companies will invest in Ethereum, but also because of the popularity of NTFs, which are traded on the Ethereum blockchain network.
James Wang, a former Ark Invest analyst, therefore recently predicted that the currency could reach a value of $ 40,000 ($ 33,000). If that really does become reality, that’s nice for Vitalik Buterin. His net worth will then amount to $ 13.3 billion.
Who is Vitalik Buterin?
Who is that Vitalik Buterin anyway? As you might have noticed from the name, he was born in Russia. He grew up in Toronto after moving to Canada with his family as a child. Buterin went to study at the University of Waterloo, but soon dropped out when he was awarded a Thiel Fellowship. Crypto Spain is popular.
This $ 100,000 grant will be issued by investor Peter Thiel to students with “ideas that can’t wait.” A condition for receiving that grant is that you stop your study program. This way you can work on your idea full-time. Thiel has a nose for talented students and good ideas, because the youngest self-made billionaire in the world (25 years old) also received a grant from Thiel.
Vitalik Buterin threw himself into his idea for Ethereum, and it did him no harm. He doesn’t just keep his newly acquired wealth for himself. For example, he recently donated $ 600,000 in ether and other crypto to a corona relief fund in India. The situation there is currently dire.