Vitalik Buterin net worth $175 million

The Ethereum co-founder only had a few thousand dollars to his name seven years ago. He’s now worth up to $200 million.

Vitalik Buterin, co-founder of Ethereum, had to sell half of his personal Bitcoin in 2013 to avoid going broke, according to a tweet published today.

Buterin is one of the most well-known names in the crypto industry. As well as co-founding Ethereum, Buterin also co-founded Bitcoin Magazine. Several years ago, Buterin commented publicly on his personal wealth, saying he earned 137,000 CHR per year ($154,000) from the Ethereum Foundation. More recently, estimates put his net wealth at around $100 to $200 million. But it hasn’t always been easy for the mind behind Ethereum.

“Seven years ago, before Ethereum even began, I had only a few thousand dollars of net worth,” Vitalik said, adding, “I nevertheless sold half my Bitcoin to make sure that I would not be broke if Bitcoin went to zero.”

The tweet followed Buterin’s advice to “never take out a personal loan to buy ETH or other Ethereum assets.” In saying so, he was referring to podcaster Peter McCormack (who is being sued for libel by CoinGeek chief scientist Craig Wright), who had tweeted that he took out a loan to buy Bitcoin.

McCormack wryly replied that he wouldn’t recommend taking out a loan to buy Ethereum either.