Vitalik Buterin, often one to be transparent and forthright with his net worth, recently responded to a tweet related to calculations on his fiat savings based on on ETH holdings and cashouts.
Alex Sunnarborg, a founding partner at Tetras Capital and former research analyst at CoinDesk, posted a series of tweets regarding Buterin’s wallet usage, estimating that he had roughly $40 million in cash from his cashouts.
1/ Some data on Vitalik’s ETH … pic.twitter.com/T6Cu16aAb8
— Alex Sunnarborg (@alexsunnarborg) March 19, 2019
After being asked if this information was accurate, Vitalik responded that his fiat holdings are well under $30 million. He also pointed out that he had donated $8 million to charity (which he often does).
My fiat holdings are well under $30m. You likely overestimated due to (1) all prices generally being on the high side, eg. I definitely never cashed out anywhere close to the $915 level, (2) forgetting charity donations (~$8m I believe)
— Vitalik Non-giver of Ether (@VitalikButerin) March 19, 2019
Buterin also mentioned that he had donated 200,000 worth of OmiseGO (OMG) tokens to charity. OmiseGo is a project that he is an advisor to, one of the few projects that he has supported personally.
He recently revealed his different crypto holdings.
Vitalik Buterin, like every other crypto investor, has lost a lot of money during the crypto bear market, though one expects that it would not affect him too much. The Ethereum co-founder started by writing for Bitcoin Magazine, and before eventually developing Ethereum.
Since then, he has experienced a great rise in respect, capability and fortune in the blockchain space, and is one of the most well-known personalities in the crypto industry.