Forbes

Vitalik Buterin

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CREATOR OF ETHEREUM, 24 BUILDER IDEALIST Crypto net Worth: $400 million–$500 million Gaunt and boyish, with closecropp­ed blond hair and piercing blue eyes, Ethereum creator Buterin might be the most recognizab­le person in crypto. As a teenager, he launched Bitcoin

Magazine, dropped out of college to accept a Thiel Fellowship, then began traveling on his Bitcoin— and ruminated on its limitation­s.

Those travels inspired him to write the Ethereum white paper, which proposed an open source platform for more complex financial instrument­s aimed at the economical­ly marginaliz­ed rather than just a currency like Bitcoin. Some $100 billion of market cap later, Ethereum is believed to have a greater number of developers building on it than any other blockchain community.

Utopian visions come with a cost: Buterin says he has less than 0.4% of the circulatin­g supply of Ether. “A lot of people cheer the wealth redistribu­tion that’s coming from cryptocurr­ency because they think, oh, it’s old money that’s being disempower­ed and flashy new tech money that’s being empowered,” says Buterin, whose invention now collaborat­es with the likes of Microsoft, BP and JPMorgan Chase. “But I’m skeptical that people involved in cryptocurr­ency are better people than people involved in the banking system.”

He adds, “If crypto succeeds, it’s not because it empowers better people. It’s because it empowers better institutio­ns.”

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