Vitalik Buterin Clarifies Fiat Holdings: Analysis of Ethereum Founder's Net Worth

Vitalik Buterin, one of the most influential people in crypto and the figurehead behind Ethereum, recently clarified his fiat holdings in response to an analysis of his transaction history on his main wallet address.

Based on Buterin's cryptocurrency wallets, cash from ETH sales, equity in startups, and his annual salary, CryptoSlate estimates Buterin's net worth at $79 million.

Accounting for the largest percentage of Buterin's net worth, his Ethereum wallet represents the 24th largest by ETH held.

With a current balance of 350,000 ether, his holdings are worth roughly $47 million with coins trading at $135 each.

On Mar. 19th, Alex Sunnarborg-a founding partner at Tetras Capital, a New York city-based cryptocurrency hedge fund-conducted an analysis of Vitalik Buterin's Ethereum transactions in an attempt to estimate his fiat holdings.

For the purposes of these calculations, Buterin's cash holdings from Ethereum sales will be estimated at $25 million.

In addition to Ethereum, Vitalik Buterin also holds a variety of other coins.

His non-Ethereum-related holdings: Bitcoin, Bitcoin Cash, Dogecoin, and Zcash, all worth less than 10 percent of his total ETH holdings, according to Buterin.

With $47 million in ETH, $25 million in cash from ETH sales, $2.5 million in other cryptocurrencies, $4 million in equity, and $500,000 in compensation, Vitalik Buterin's net worth would total an estimated $79 million.

The true value of his net worth could reasonably vary anywhere from $60-$110 million.