Recently Vitaly Buterin, one of the most influential participants in the cryptoindustry and the head of Ethereum, spoke about his fiat assets, it was a kind of response to the analysis of transactions in his main wallet. Based on the balance sheets of Buterin's cryptocurrency wallets, cash from ETH sales, share in startups and annual salary, CryptoSlate estimates Buterin’s capital at $ 79 million.
Given the largest percentage of owning a cryptocurrency of his own project, his Ethereum wallet ranks 24th in the ETH-ownership rating. With the current balance and the cost of broadcasting at $ 135 per coin, its cryptocurrency assets (350,000 units) are estimated at about $ 47 million.
On March 19, Tetras Capital’s hedge fund founding partner Alex Sunnarborg analyzed Vitalik Buterin’s transactions on the air and tried to evaluate his fiat assets.
Sunnarborg linked the price of the broadcast with the transaction time of the Buterin wallet. Based on these data, he calculated that, since March 2016, Acne received about $ 49 million for the sale of 545,000 ETH.
Buterin clarified the situation by stating that his fiat assets are “much less”, below $ 30 million. He also recalled his donations to charity in the amount of $ 8 million:
Nevertheless, Vitalik Buterin definitely had incomes from other sources, for example, consultations and speeches.
In addition to Ethereum, Vitalik Buterin owns many other coins: according to his February statement, the value of other assets is approximately $ 690,000 in Maker (MKR), $ 625,000 in Augur (REP), $ 65,000 in OmiseGO (OMG) and $ 25 000 on Kyber Network (KNC). All instead is about $ 1.5 million.
Other cryptocurrencies - Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE) and Zcash (ZEC) make up less than 10% of the total ETH. Presumably, they are estimated at $ 1 million.
Vitalik also said that he owns a "significant" stake in two corporations - Clearmatics and StarkWare. The first is a software developer for blockchains, StarkWare Industries Ltd is developing software to address blockchain scalability and privacy issues.
Knowing the amount of investment attracted by Clearmatics and StarkWare, the value of the shares cost about $ 4 million. In addition, Buterin receives a salary from the Ethereum Foundation. In 2016, he announced his remuneration of $ 150,000 per year, thus to date he has earned about $ 500,000.
Summing up $ 47 million in ETH, $ 25 million from sales of ETH, $ 2.5 million in other cryptocurrencies, $ 4 million in stocks and $ 500,000 salary, Vitalik Buterin’s fortune is estimated at $ 79 million. It is believed that the real value of his assets can range from $ 60 to $ 110 million.