The founder of Ethereum entered the list of the most notable new billionaires

Forbes

Forbes magazine included Vitalik Buterin, co-founder of the blockchain platform and digital currency Ethereum, in the list of the most notable new billionaires of 2021.

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The publication estimated the state of the Russian at $ 1.3 billion.

At the same time, Buterin either fell into the ranks of billionaires this year, or fell out of there due to the fluctuating price of the “ether” cryptocurrency, the newspaper notes.

Ethereum, with a capitalization of $488 billion, is second only to Bitcoin, which has a market value twice as high at $966 billion (at 1:40 Moscow time).

On May 4, Buterin was recognized as the youngest cryptocurrency billionaire in the world.

Vitalik Buterin was born in Kolomna, Moscow Region, in 1994. He later moved to Canada with his family and grew up in Toronto. In 2014, Buterin received an award from the famous venture capitalist Peter Thiel, which allowed him to focus on studying the Bitcoin cryptocurrency network, and a year later to launch his own Ethereum blockchain platform.

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