A couple of years ago, the idea that anyone would ever become a billionaire from cryptocurrency would have sounded like pure lunacy. Today there are at least a dozen known individuals, including the Winklevoss twins, who are officially billionaires thanks exclusively to their crypto holdings. The latest entrant to the crypto billionaire club is Ethereum co-creator Vitalik Buterin.
Vitalik Buterin owns around 333,000 Ethereum coins. As of this writing, a single Ether coin will cost you around $4,100. So Vitalik’s stash of 333,000 are officially worth…
Yet that’s not the number you see right now on Vitalik’s public wallet.
Here’s a screenshot of the public wallet:
Where’s that other $15 billion coming from? This is a truly insane story that only makes sense in the completely bonkers crypto world.
According to a story first reported by the website decrypt.co, roughly $14 billion if Vitalik’s wealth came in the form of A GIFT. The gift was given to him by the creators of a dogecoin knockoff called Shiba Inu, aka “SHIB.”
Buterin has nothing to do with SHIB and he had no idea about the gift.
Last month the creators of SHIB released a white paper, which they called a “woofpaper”. In the woofpaper they revealed that they sent 50% of all SHIB, roughly 505 billion coins, to Vitalik’s wallet without his knowledge.
***UPDATE*** As of 8pm EST on Monday, Vitalik’s net worth